From the latimes: Could a reassessment of Proposition 13 finally be in the wings? Advocates of the long-needed change have their fingers crossed, now that a measure to revise Proposition 13 has qualified for the November 2020 ballot. The initiative wouldn’t...
Month: March 2019
Spindrift La Jolla
This is one of my favorite realtor videos of all-time, presented without fluff or hyperbole, and you get a good sense of the property inside and out. It is currently off-market, but it was listed for $18,888,888. If I would have hit the Powerball this week, I'd be...
NSDCC 1Q
The first quarter report! Better than expected, and with rates dropping to 4% and under, the second quarter is shaping up nicely:
More Phil
Realtor Sales History
When evaluating which agent to hire, the best thing a consumer can do is check their sales history to help determine the agent's level of experience. We've known that Zillow has the 12-month sales history of each agent, but those sales are inputted manually by the...
Pendings Down
The N.A.R. reported today that pendings dropped 1% month-over-month, but as been the case lately, Yunnie is broadcasting the least-alarming data. In the graphic above, you can see that the year-over-year drops were much larger - particularly in the west. In this...
Robertson Resale
The journey begins in the RR, much like when you buy a brand new car. Was there a premium included? Will today's market keep believing?
Ranking Roger RIP
Those of us who were a punk/new wave/ska fans in the early 1980s loved how the English Beat brought everyone together. This is Sting's statement: The mid seventies was one of the most influential periods in the history of British pop music. The merging of Caribbean...
Best Month In A Decade For Rates
Sellers - get on the market!!!!! Mortgage rates moved lower for the 6th straight day, bringing them very close to the best levels since late 2017. Perhaps more impressive (or telling) is the fact that rates haven't even had a single "bad day" since March...
SALT Tax Deductions
Politicians in mostly Democratic high-tax areas say the new federal cap on state and local tax deductions hurts their residents. Yet the vast majority of those taxpayers never actually got the break in the first place, undermining a key criticism of the Trump tax...