More ivory-tower musings here, and it's hard to believe that they could be so blind. How can analysts read these statistics and decide that the frenzy will come to a complete halt, which is what a 2.5% YoY gain will feel like if it were to happen? Because of a break...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Our Big Three zip codes - where you can still buy a decent house for $2,000,000 - are still having more pendings than actives...
We did get to spend the Thanksgiving weekend in Manhattan with Kayla. She cooked a good old-fashioned turkey dinner at home on Thursday, and the next day we visited the new tourist attraction on 42nd Street adjacent to Grand Central Station. They run you up to the...
Virtually all of the ivory-tower crowd thinks that pricing will settle down in 2022. They should take a good look at how 2021 is wrapping up. Admittedly, the San Diego market is at the extreme end, with our inventory enduring the biggest YoY dropoff anywhere in the...
Buyers need to be sold twice - online and in-person. Staging helps with both! La Jolla Realtor Michelle Silverman can easily tick off the various homes she’s sold for which she got more and higher offers because of effective staging. “There was one home that hadn’t...
Because ADUs are expensive to build, there's not much hope that they will solve the housing crisis. Key Findings There are an estimated 1.5 million Accessory Dwelling Units (ADUs) in the United States, making up roughly 2% of all homes in the country ADUs are growing...
Susie asked for a Zillow Offers update, and yesterday they announced that the unwinding is going just fine. While the debacle did tank their stock price, they figured it would be a good time to buy more for themselves: SEATTLE, Dec. 2, 2021 - Zillow Group, Inc. today...
Most attempts to change Prop 13 have been akin to nibbling around the edges, but this is a full assault: Full details here: https://oag.ca.gov/system/files/initiatives/pdfs/21-0023%20%28Affordable%20Housing%29.pdf
The less equity you have, the more likely you will move. Q: I guess it may be too late, but figured I’d ask. We did a reverse mortgage. We got almost no cash out of it, but it is eating up whatever equity remains with our loan that has an effective interest rate of...
For those considering the big cruise next year....Dave will be featured:
