Zillow is already one of the primary real estate portals for consumers. Though there are rumblings from realtors about mounting a challenge, it's unlikely that anything will topple the Z-brand in the short-term. As a result, we increased our Zillow advertising this...
The Z Group is probably smart to talk in generalities and just spew the usual stuff about next year - higher prices, tight inventory, and less affordability. They even dropped a 'priced out completely' about those in the bottom-third-of-incomes category. One thing...
The impact on mortgage rates from yesterday's Fed move was priced in already, and it's doubtful we will see any short-term change in our local real estate market conditions. But the Fed also indicated that they intend to 'gradually' raise their target range for the...
After the last couple of years being fairly steady, it would be easy to expect more of the same in 2016 - tight inventory creating a seller's market, especially for the superior properties. Let's at least examine how 2015 is winding down (now that Christmas is two...
The folks at Trulia sent over their 2016 housing predictions: http://www.trulia.com/blog/trends/2016-housing-predictions/ They had the Harris Poll conduct surveys to assist with the research. The responses from renters were the most interesting. It appears that the...
The Zillow folks offered up their forecast for the San Diego area. Below is the actual change in their home-value index for the 12 months ending in September, and then their forecast for 2016: Are we heading for flatsville? Let's see how they did last year. These...
This looks like a fairly safe forecast - I'll take the under. From HW: Goldman Sachs sent an email to clients advising that growth in residential investments through 2016 will be solid, though not as strong as they originally hoped. Plus, this growth will likely...
Bill Davidson told us a couple years back that we are out of dirt. More on that: http://ourcitysd.com/what-will-our-housing-market-look-like-in-20-years/ If you think San Diego’s housing market is strained and pricey now, what will it be like in 20 years? Yes, feel...
When there are so few companies doing any exhaustive research about the market - especially at the local level - realtors will take whatever they can get and pass it along to clients. In this case, that message will be positive. The full presentation here:...
This survey is dated 2014, and they should update it every year - or at least until I'm right about having a boomer liquidation sale coming down the pike! This survey asks several different questions, but notice how 20% to 30% of the responses seemed to divulge some...
