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...
The rest of the year is shaping up quite nicely - if all that matters are stats. After a slow start in 1Q16, we closed 909 sales in the second quarter! After a strong 2015, there was some expectation for a pullback this year, but not yet - we exceeded the 2Q15 total...
The folks at CE are talking about the housing market in the UK, but the principles are similar - if there were more homes selling, it could provide more pricing momentum. Just keep an eye on sales - demand would have to subside for prices to alter their current...
We are happy to cover all sides of the bubble beat. This is the second release this month from our perma-bear, Mark Hanson. He has been saying the same thing for 3-4 years, and it's all based on theory and previous history. Around here, our market is almost...
A title rep came by the open house yesterday. She said it has been so quiet over the last couple of weeks that she has had people call her cell phone just to make sure it was working! http://www.housingwire.com/articles/37125-pending-home-sales-surge-to-10-year-high...
A pullback in Silicon Valley? It could happen anywhere! http://www.bloomberg.com/news/articles/2016-05-17/silicon-valley-mansions-linger-on-market-in-real-estate-slowdown Excerpts: A custom-built home in the heart of California’s Silicon Valley had its price cut by...
For the vast majority of Americans who just skim the real estate headlines, a quote from Warren Buffett should keep the party rolling. But does he qualify as a cheerleader now that he owns one of the biggest realtor companies? And this photo they used - is that a...
The hustle to move up the housing ladder is something people did when they were younger - and prices cheaper. Those move-ups have gotten you here, and hey, it's not so bad - especially if it means that to replace your home, it costs two or three times more than you...
The crew over at CL came out with their year-end report today, which included their forecast for 2016. They consider the San Diego-Carlsbad metro area to be undervalued.....just like San Francisco and Boston(?). They also expect that prices in our area will rise 7.8%...
