The multi-gen home will be a very popular choice for many. From cnbc.com - an excerpt: Things have changed in the last few years, however, and a new trend has emerged. Rather than downsizing or right-sizing, retirees are starting to upsize. They are moving to bigger...
An excerpt from Zillow's seller survey: With the rollout of vaccines against COVID-19, 70% of homeowners in a recent Zillow survey say they would feel mostly or completely comfortable moving to a new home when vaccines are widely distributed — and 78% of homeowners...
The real estate market was boisterous in last half of 2020, which made it easy to predict that once we got past the election and into the new year we'd probably see the Greatest Real Estate Frenzy Ever. Let's use February 22nd as the day the frenzy really kicked in....
Matthew makes the case here that the current uptick in mortgage rates may not affect home prices: There was a big rate spike at the end of 2016 that had no discernible effect on prices. This is notable because that rate spike was fueled by economic optimism as...
The trend of paying over the list price is increasing. NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% Most sellers and agents are happy just to get 1% to 5% over list which will cover some or all of the commission. There were...
This is the other article that several people sent in - thank you! Rob Dawg wondered if these cases of dozens of offers could be tempered by putting the right price on these from the beginning. The agent's Zillow profile shows 30 sales in the last year - and 26 of...
Thanks to the readers who sent in this article - and it makes you wonder how many offers any house for sale would get if listing agents didn't shut down the showings so quickly: CITRUS HEIGHTS, Calif. (KTXL) — A Citrus Heights home in a quiet cul-de-sac received 122...
Yesterday's Case-Shiller Index was a reflection of November, December, and January market data. Here's a local supplement to help map out what's coming - and this is only through February: This was in a fairly tight range of $400/sf to $450/sf for a couple of years....
It's more than just the trendy areas - it's red-hot everywhere. Every metro area on the list is having substantial gains in their index, which means there has been a psychological shift happening coast-to-coast on how human beings feel about their homes. With the...
This year's orange line has plateaued. It's been in the 70% range all month, meaning there has been 70% more showings each week than there were during the first week of the year. Even though it's twice as much, it mirrors the 2019 trend that the spring selling season...
