Susie filed this frenzy report on July 8th: I think Boise might have topped out but I'm waiting for September. Summers are usually slow here. But the last one put on the market here, a couple streets over in my Movado subdivision was listed for $949,900 (about...
It looks like we're in the mellow-down-easy phase, though occasional spurts are certainly possible. Any new sellers who avoided the temptation to wait until next year should be motivated to move! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC (La Jolla to...
The ibuyers are borrowing money like crazy to build their inventory of homes to flip. Opendoor doesn't have the brand-name awareness of Zillow, so they are advertising a lot and buying homes directly off the MLS. Zillow has everyone's email address so they are able...
This just sold for full price ($8,986,000) cash:
Here's a two-year moving plan for those long-timers who: Have substantial equity in their home, but Don't want to pay any capital-gains tax, and Want to move out of town - but not sure where, exactly. This is an adventurous experience, and good for those who are...
Interesting to note that the buyer here didn't mind paying $351,000 over list awhile being represented by a noted discounter from Northern California - an agent who is a known critic of the realtor cartel but is happy to make a buck off the system 500 miles away from...
The percentage of buyers who were willing to pay over list reached another all-time high in July: NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% April: 55% May: 54% June: 59% July: 64% There were 33% of the total sales that...
After the TV show, Derrick and I were discussing the good old days when homes were cheap and everyone moved often. He is a mortgage originator, so I asked him how many adjustable loans he has done this year. His answer? None. Back in the day, adjustable-rate...
Regarding the Prince solo at the end of "While My Guitar..." at the posthumous induction of George Harrison at the Rock n Roll Hall of Fame, in a New York Times article from April 28, 2016, Craig Inciardi (Curator at the Rock and Roll Hall of Fame Museum) says "I’ve...
The teaser on Friday was the first 4-5 minutes - here's the full 14 minutes with a better camera angle:
