Next year will be here before you know it - could it get any crazier? Oh yeah! In the video below, you'll hear my list of buyers and sellers who we can expect to be extremely active next year. Then add in the Big Three (death, divorce, and job transfer), and we could...
San Diego County isn't included in the graph above but the trend is similar. The author is happy to point out the negatives, but with inventory still well under what it was last year and pandemic/unrest raging, it's a miracle that sales are so strong. San Diego...
With mortgage rates staying under 3% this past week, more people were out looking at homes - a whopping 66% more than last year! It should be a full-tilt boogie for the next few weeks. Hopefully buyers can get their hands on something suitable! My calendar from...
The experts were surveyed on what they think about the market - a sample question: Fleming: “Our research has found that in past recessions, house prices show their “downside stickiness,” meaning they remain flat or their growth slows during economic downturns, but...
I guessed that NSDCC sales would be down 60% in 2Q20, but April was the low point (sales were down 42% YoY), and May won't be better but June could finish strong. Quotes from the UT article which is linked at bottom: “Sellers have taken a bigger step back than...
More of the same talk in this interview on how this crisis doesn't compare to the last one, with a guess that October, 2020 will be the best month to buy: https://finance.yahoo.com/video/housing-market-bottomed-zillow-senior-223602511.html I wanted to get their graph...
The continued economic fallout from the spread of COVID-19 has introduced immense uncertainty into the housing market as consumers step back from large purchases and social distancing puts a chill on necessary market services. As a result, Zillow expects home prices...
Everything seems like "If" these days, but if we had a market comeback, the dates of a modified and compressed selling season would be fairly predictable, looking at it logically. The actual results will be a matter of compression and intensity. If there isn't much of...
To get a feel for when the market is starting to come back, let's watch these data points. When sellers are feeling more comfortable putting their house on the market, we should see the number of houses for sale begin to increase (or that will be a sign that fewer are...
