None of the pricing metrics are great but at least they demonstrate the trends over time. These graphs above are showing the latest data, including last month, and it's all fairly positive....for now. With the extra inventory, buyers aren't going to pay crazy money...
Zillow has every reason to be the nation's real estate cheerleader since they derive the bulk of their income from realtors. They had been predicting 3% to 6% appreciation locally this year....at least up until two weeks ago. Something has changed: Carlsbad NW - 92008...
How does our market keep trucking along with sky-high prices AND mortgage rates 2x higher than they were three years ago? How does pricing levitate when money is so much more expensive - shouldn't prices adjust downward? We know that the generational wealth transfer...
Think of the monumental change needed in the listing agent's psyche to get them to stop scolding the buyer-agents and give some respect - but instead they are shorting the commissions too. If you blow off the buyer-agents, then you're on your own - and the vast...
The locked-in effect has been bandied about for the last couple of years as the reason why the inventory remains thin. But it's not stopping those who want to pay cash and avoid a mortgage altogether - every area is showing increases in the all-cash purchases. If you...
On Friday, the Plaintiffs’ counsel filed a Motion for Preliminary Approval of the commission-lawsuit settlement agreement with the federal court, so the two new rules will go into effect in late July, apparently. The plaintiffs have requested a hearing on final...
Pardon the casual presentation. I'm used to working with this same basic graph format but it's limited to 50 datapoints - we'd really like to take these back a few years to see the long-term trends. But in early 2023, the active listings in the $3M - $4M category were...
While the benefits of buyer-agents may be obvious, will anyone stop their demise? Probably not. Will it become easier or harder to buy a home? The answer is unclear amid widespread confusion over what’s happening to real-estate agent commissions. On April 5, a federal...
The first quarter of 2024 is the only 1Q in recent history to have increases in BOTH the number of listings AND the median list price. Previously, increases in pricing had a corresponding dip in the number of listings available for buyers to consider. If you are like...
This is as far east as you can get in Oceanside, so it's not really much a coastal home when it's 4-5 miles away. But this is a great example of what is happening at the entry level of every market today!
