Mortgage rates in the mid-3s in January should put some pep in the buyers' step. From MND: Regular readers know that we're fond of setting the weekly record straight in cases where day-to-day rate movements paint a drastically different picture than weekly surveys. ...
Why do buyers offer $100,000-$200,000 over the list price? The sellers and listing agents aren't demanding it. The home isn't priced $100,000-$200,000 under value. Half the homes are selling for list price or under. There will be others for sale. There isn't a threat...
Just an early-frenzy temperature check here - how many people are out looking at an older condo priced at $1,550,000 in the first week of January? I saw 20+ visitors INSIDE the home. Link to listing Agent said he already has three people who want to write a full-price...
These look like the towns to which people from New York and California are moving. Excerpts: The boomer tide in the for-sale housing market is expected to continue to rise for at least the next 8 years; younger millennials will be hitting first-time home buying age at...
Buyers who stalled their home search when school began are going to be shocked at recent prices. In September, there were two sales of the larger 3,362sf floor plan; one was $1,869,000 and the other was $1,875,000 (both under list). So when this house came on at...
Housing bulls on Wall Street argue that this is an upturn that could last for a decade. Millions of millennials are now at a point in their lives when they are seeking single-family homes in the suburbs and exurbs. They are in good shape too. Almost 70 percent of...
I saw this on Greg's twitter, and thanks to Charlie too. On the ground it seems like the market is wildly out of control, but looking at this chart it looks like we're just one of the pack. Does it give buyers any comfort to know that the price explosion is happening...
The NSDCC median sales price in 2021 was $1,900,000. The NSDCC median sales price in the fourth quarter of 2021 was $1,996,875. Today's NSDCC median list price is a mind-boggling $5,972,500! To better reflect the rapidly-escalating home prices between La Jolla and...
Taking a cash offer is a sexy option but no guarantee to get past the home inspection. The best buyers work with the best agents, and another variable worth considering when selecting the winner. Almost 27 percent of San Diego County home sales were in cash in the...
The best thing about 2021 for Kayla? Her new boyfriend Frank, who is a great guy and quite a golfer too! Natalie signed with a new talent agent and has high hopes for next-level work in the new year. Dancing on a concert tour would be ideal, all while being our...
