Tomorrow is March! How did the inventory do in the first two months of 2022? NSDCC Number of New Listings, Jan 1 to Feb 28 (% priced over $2M): 2019: 779 (34%) 2020: 706 (40%) 2021: 602 (47%) 2022: 389 (67%) There will be a few more added to this year's count to get...
It's the end of February, yet we're not close to having the same market as last February. Heck, we're fighting to get back to December's numbers: Did you ever think we'd be hoping to just get back to having the same market as in 2021?
Maybe this could free up some homes for sale. Move in with your friend or neighbor! Excerpts from the wapo: Faced with escalating home prices and rents in tight housing markets, as well as careers or earnings curtailed by age or the pandemic, some boomers are looking...
This week, the Wall Street Journal ran a story entitled, 'How Should Realtors Get Paid'. The author is a general freelance writer who describes herself as 'a versatile writer with experience covering a wide range of topics. As a freelancer I contribute regularly to...
When thinking about selling, homeowners (especially the long-timers) complain about paying the capital-gains tax on their net profit above the $250,000 exemption per person. With the rapid escalation in values lately, it has turned into a six-figure tax for many!...
Will the Ukraine war have an impact the real estate frenzy? It's likely to have the same effect as rising mortgage rates - it will make buyers want to hurry up and buy something so they can hunker down. But the less-motivated buyers have to be getting to the point...
It is amazing how much faith the consumers put into their zestimates and Redfin estimates. In spite of them obviously being ginned up, people just want to believe! As long as automated valuations are carrying so much weight, let's include a few more! There are three...
In spite of all-time record prices, homeowners are losing interest in moving. Let's take it back a little further to show the magnitude of the change in inventory: San Diego County Attached and Detached-Home Listings in January 2019: 4,718 2020: 3,908 2021: 3,359...
