Hopefully this will come as a relief to home buyers here - hat tip just some guy: When a house in Berkeley sold for more than $1 million over its list price in late March 2021, it was covered in media outlets across the Bay Area, including this one. While the Berkeley...
Zillow is optimistic that we will see more homes being listed for sale: In prior years, inventory has generally increased in March, and the return to some seasonal normality is a positive sign that the market is reaching a more steady state and could see inventory...
These were my thoughts in February, 2014, as we were coming off the last frenzy. I'll probably be saying the same thing next February:
Mortgage rates have settled down nicely, and are back in the high-2s for those home buyers who don't mind paying a half-point or so (those quoted above are with zero points paid). Not sure that it matters. Not sure that anything matters any more. I had a great...
Rick is the Director of Research at JBREC and a great guy: https://twitter.com/RickPalaciosJr/status/1384951354460971008
If you haven't ventured into today's home buying experience yet, this is what it's like:
Yesterday we saw that more than half of the NSDCC houses sold over the last couple of months have closed for a price that's higher than their list price. Another difference from previous years is the efficiency. Typically, there are only around 55% to 60% of the...
The trend of paying over the list price continues! NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% 1/2April: 57% Most sellers and agents are happy just to get 1% to 5% over list. There were only 18 of 173 (10%) that sold for a...
Here's the first quarter breakdown so you can see how your area compares with others: NSDCC First Quarter Sales By Area Town or Area Zip Code New Listings, 1Q Closed Sales Median SP Active Listings Today Cardiff 92007 34 27 $2,050,000 13 NW Carlsbad 92008 62 39...
An excerpt from Zillow's seller survey: With the rollout of vaccines against COVID-19, 70% of homeowners in a recent Zillow survey say they would feel mostly or completely comfortable moving to a new home when vaccines are widely distributed — and 78% of homeowners...
