Are we in a bubble? Who cares about the label. All that matters is whether the bubble going to burst. Four reasons why it won't: No easy money - buyers have to be solid qualifiers. Foreclosures are extinct. Everyone has loads of equity (except 2021 buyers). No easy...
Thanks to the readers who sent in this article - and it makes you wonder how many offers any house for sale would get if listing agents didn't shut down the showings so quickly: CITRUS HEIGHTS, Calif. (KTXL) — A Citrus Heights home in a quiet cul-de-sac received 122...
Yesterday's Case-Shiller Index was a reflection of November, December, and January market data. Here's a local supplement to help map out what's coming - and this is only through February: This was in a fairly tight range of $400/sf to $450/sf for a couple of years....
The intertubes go crazy about what a racist Eric Clapton was, but let's consider the full spectrum. He was such a heroin addict that he didn't leave his house for three years. He was so madly in love with Pattie Boyd that she finally divorced his best friend George...
It's more than just the trendy areas - it's red-hot everywhere. Every metro area on the list is having substantial gains in their index, which means there has been a psychological shift happening coast-to-coast on how human beings feel about their homes. With the...
This year's orange line has plateaued. It's been in the 70% range all month, meaning there has been 70% more showings each week than there were during the first week of the year. Even though it's twice as much, it mirrors the 2019 trend that the spring selling season...
Here's a snapshot from C.A.R. of the current rules with tenants and landlords: More can be found at the state's website here: https://housing.ca.gov/
We're at the point where any of the year-over-year comparisons will be hampered by the initial shock of the pandemic in March-May of 2020. But the number of active listings was steady through March, 2020, so let's compare the $$/sf on the list prices to see how much...
This idea has to rank a 10 out of 10 on the kooky scale......would homeowners agree? An excerpt: It's expensive to fight the sea. It's expensive not to do so. When property values plummet, so do property taxes. But right now property values here are still high, and...
