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What The 1970s Were Like

by Jim the Realtor | May 11, 2022 | About the author, Wednesday Rock Blogging

These were my high-school days. The Best of Mountain on 8-track, and friends like this:

Get Good Help!

by Jim the Realtor | May 11, 2022 | Realtor

The part that disrupters overlook is that the people doing the work need to be really good at advising and transacting real estate sales. It's not as easy as it looks! Real estate brokerage REX Homes became famous in recent years for spearheading an anti-trust lawsuit...

Over List, April

by Jim the Realtor | May 10, 2022 | 2022, Frenzy, Over List

Will April be the peak month of buyers paying over the list price? NSDCC Detached-Home Sales, % Closed Over List Price Hard to imagine that there will ever be another month where nearly three-quarters of the home buyers end up paying over the list price!...

Today’s Pricing vs. Long-Term Trend

by Jim the Realtor | May 10, 2022 | Sales and Price Check

These professors rank today's home pricing relative to the long-term trend for each metro area. San Diego's 24.75% premium only gets us ranked #62 in the nation! Here are the Top 100:...

Inventory Watch

by Jim the Realtor | May 9, 2022 | Inventory

While it would be logical to think that anyone who is going to sell in 2022 would be expediting their plans due to higher mortgage rates, there still hasn't been a big surge. We had one little pop when the weekly new-listings count hit 76, but they were back down to...

Fed’s MBS Holdings

by Jim the Realtor | May 9, 2022 | Interest Rates/Loan Limits, Jim's Take on the Market

A couple of readers asked about the MBS runoff: Mortgage Bankers Association Senior Vice President and Chief Economist Mike Fratantoni noted there are two items to watch from the Federal Open Market Committee following this month’s two-day meeting. “First, they...

Happy Mother’s Day!

by Jim the Realtor | May 8, 2022 | About the author

Happy Mother's Day to all the mothers everywhere! My mom is hanging in there! She is still in the retirement home in San Rafael, and is relatively healthy. We sent her flowers and chocolate-covered strawberries for Mother's Day, and she has called me three times to...

The Adjustable Forecast

by Jim the Realtor | May 7, 2022 | Forecasts

Yesterday, Lawrence Yun predicted that home sales will fall by 9% this year, and home prices will rise by 8%. At the beginning of the year, his forecast was: 2022 Home Sales Forecast: -2% 2022 Home Price Forecast: +2.8% 2022 Mortgage-Rate Forecast: Rates to rise to...

21% Over List

by Jim the Realtor | May 6, 2022 | Bubbleinfo TV, Solana Beach

This one had the popular features - remodeled one-story on quiet culdesac with good yard (front and back) plus a big country view over Rancho Santa Fe: