Will listing agents demand to see the buyer-broker agreement just to show a house? Agents are known to have their own interpretations of the rules - one listing agent already said that it is against the rules to ask her if her seller is paying concessions - so it is...
I think we will experience a very similar trend in 2025. A hot market and prices for the first four months, and mellow-down-easy for the rest of the year. And April was already slowing. The first quarter of 2025 will be prime selling season! Plan accordingly!...
The off-market sales are an attractive option for big shots like John above who prefer to protect their privacy, blah, blah. What about the regular folk? Is there a bulk of sales happening off-market? How many off-market sales are there in the general marketplace?...
In the week BEFORE the new rules went into effect, there were 29 NSDCC listings that were marked pending. In the first week AFTER the new rules went into effect, there were 38 new pendings. Homes keep selling. Buyers and sellers keep moving, and Realtors keep helping....
It's almost September so we can say that the active inventory has peaked by now. There were over 500 listings briefly in July but today it's down to 477 and should taper off from here. The pendings are on a three-week winning streak! The most surprising data point is...
If the Trump or Harris presidential campaigns send out AI bots to learn about fixing the housing market, maybe they will find this here. We're on a path that is likely to continue unless bold aggressive moves are taken in the housing market - do you have the guts to...
In recent years, property tax rates have been on the rise across the U.S., driven by increasing home values and changing local government needs. The year 2024 has seen significant changes in property taxes, with states implementing various measures to either alleviate...
Fed Chair Powell finally indicated today that it is time for rates to be lowered.....and the 10-year bond yield barely budged. The next Fed move is already priced into mortgage rates. Don't wait to buy just because you think rates might get better. Buy when you find...
This is a Compass listing now and it made the Robb Report: https://robbreport.com/shelter/homes-for-sale/encinitas-most-expensive-listing-for-sale-1235806433/ A newly built bluff-top home in Southern California has come along to claim the title of Encinitas‘s most...
The trend of paying over the list price appears to have stabilized. The 212 July sales makes it look like there was quite a surge after a couple of slower months, so buyers must have gotten excited! But the median price has settled in at $2,300,000: The median sales...
