Here's the update on last month. There were two fewer business days in 2014, and one less business day in 2013 and 2015 (same # in 2012). With both sales AND pricing being this strong, the momentum should carry over to 2017.....and I think we'll get off to a fast...
They speak about the future as if they have the crystal ball, and can state what will happen next year. Of course, things only get better: http://www.car.org/marketdata/marketforecast/ Following a dip in home sales in 2016, California’s housing market will post a...
It's that time again - experts making predictions for next year! We might as well start with the big kahuna, whose predictions are a tad vague: Here is Zillow's look ahead at the 2017 housing market: Zillow's 2017 Predictions Cities will focus on denser development of...
In spite of record pricing, our NSDCC new-listing count this month is going to come in under last November's count. Remember when greed was good? Apparently, staying put is better! http://www.realtor.com/news/trends/20-hottest-markets-real-estate-u-s-november-2016/...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ It's that time of the year - the 2017 forecasts are starting to roll out! Zillow has been conservative about our local markets. For the most part, the actual appreciation of the Zillow Home Value Index has been...
http://realtormag.realtor.org/daily-news/2016/10/03/predictions-roll-in-2017-housing-forecasts#sf37742278 We can expect a hot year for home sales in 2017, according to recent forecasts from the National Association of REALTORS®, the Mortgage Bankers’ Association,...
What now? Summer is over, and the so-called spring selling season is six months away. Is it worth waiting? Sellers want to believe that springtime is when all the young families with 2.2 kids will be looking to pay retail-plus. But that belief ignores the trend -...
We had 67 new pendings this week, about what we've seen all summer. September should be a big month - there are 399 pendings today! I'll go out on a limb and predict that we'll surpass the 210 sales from last September. Click on the 'Read More' link below for the...
As money and affluence continue to invade the coasts, those not so fortunate will be making choices. Warning to all who are thinking about leaving California - it is virtually impossible to move back. But you can always visit!...
Zillow is the latest to suggest that the 'market' might be slowing. But looking at their own graph, it looks like the monthly percent change begins to decline every year at the end of summer. The second graph also shows that sales are at a new peak - if it fell off a...
