Are you getting the feeling that our low-inventory conditions are here to stay? Our local Case-Shiller Index has risen 59% since April, 2009, and fewer people are selling? Instead, they appear to be riding into the sunset. Consider these boomer stats from wiki: 60%...
They are re-hashing an old 2016 article here, and I'd like to add: Homebuyers want quality at a fair price - that's all. http://www.businessinsider.com/death-of-suburbia-series-overview-2017-3 An excerpt: The cheaply constructed mansions of old are plummeting in value...
This can be overwhelming, and everyone puts it off as long as possible. Start early, and heave at will - note the last paragraph below. 8 Tips for Home Unfurnishing What else can you do to avoid finding yourself forlorn in your late parents’ home, broken up about the...
Whether you are part of the multi-gen craze or not, it has impact on the choices available - virtually all builders are going for the big bombers, and hope buyers will adjust. These cost $2 million or more by the time you're done:
There are already people who have decided to buy and/or sell this year, and to those folks I'll say in advance - congratulations, and I'd like to help you! I'd like to reach out those who are thinking of putting off the move for another month or year. Here are reasons...
The baby boomer generation is huge, roughly 78 million Americans born between the years of 1946 and 1964. The oldest are just turning 70 and the youngest are just 52 (and usually denying that they are even baby boomers.) It’s a big spread. But one thing they all have...
It's inevitable that as more boomers retire, the more we'll see those lightly-maintained-and-home-depot-upgraded houses hitting the market. Hattip to daytrip for sending this in: https://www.bloomberg.com/news/articles/2017-01-06/older-americans-are-retiring-in-droves...
Let’s compare the San Diego County Home Sales in 2016 to previous years.
Newly widowed, Kay McCowen quit her job, sold her house, applied for Social Security and retired to Mexico. It was a move she and her husband, Mel, had discussed before he passed away in 2012. "I wanted to find a place where I could afford to live off my Social...
Who is selling? This is the fourth reading - this time I checked the last 112 detached-home sales between La Jolla and Carlsbad. Here are the categories of when the sellers purchased the home they sold: Year Purchased 12/12/15 3/19/16 6/18/16 12/13/16 0 – 2003 41% 42%...
