Morgan Stanley analysts previously expected national home prices to fall 4% in 2023, as the housing market continued to crater, and reaffirmed their pessimistic forecast in April of this year. But the analysts recently changed their tune in a big way: They now say...
People are asking about the NAR lawsuits - hat tip to Susie, Gerry, and Carl! The lawsuit that began this week contends that realtors force sellers to pay a commission to the buyer's agent. Two defendants, ReMax and Anywhere (Coldwell Banker, Sotheby's, etc.) have...
How are those expert opinions doing? Doug Duncan, chief economist at Fannie Mae, was acknowledged as the best forecaster in America last year when he was honored with the Lawrence R. Klein Award for Blue Chip Forecast Accuracy, one of the best-known and...
Four homes that have sold for more than $20,000,000 in the Ranch. The highest was $22,995,000 in 2021! https://www.compass.com/app/listing/5385-linea-del-cielo-rancho-santa-fe-ca-92067/1354327752629851961
Look for Allison at the Grammys next year!
Remember when Doug said that buyers these days want something special? With all the domestic and international conflicts, mortgage rates at 16-year highs, and ultra-low inventory making the house-hunting almost unbearable for most buyers, there are still homes selling...
San Diego is #1! Hat tip to Mitch for sending this in: According to the magazine, the Value Index measures how comfortably the average resident of a metro area can afford to live within their means. Specifically, it looks at housing affordability, as well as federal...
One of the funniest videos ever!
Even as the doom continues to pour in from other areas that aren't as fortunate as the North San Diego County coastal region, our home sales are defying expectations. Two facts: In September, 2022, there were 146 sales with a median sales price of $1,940,000 (16%...
The White House issued a press release today that outlines more money to bolster prop up the FHA loans: For millions of Americans homeownership is a foundation for so many parts of their lives, and for many it is also their primary source of wealth. The Biden-Harris...
