The trough for San Diego was April, 2009. Interestingly, only four of the 10 largest metros in the study - Washington D.C., Seattle, Austin and Denver - are considered overvalued. This indicates that despite the growth in home prices in metros like San Diego and...
When you find the right home, don't lose it. Get Good Help! NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the third in a series of posts highlighting poll...
Here we only have to pay 5% to 10% over list....if at all! It is no secret the housing market is on fire. Last year, almost a quarter of all U.S. home sales were above asking price, according to real-estate listings website Zillow. But the average premium over asking...
Mortgage rates have risen almost one-half percent this year, and are around 4.50% with no points today (conforming and jumbo). Because rates haven't moved much in recent years, the half-point increase sounds dramatic, and could cause a few people to reach for the...
When you look at the 2nd half of 2012, you can see that a surge was building - and in 2013 we had one of the biggest frenzies of all-time. The end of 2017 was less enthusiastic - the worst second half since 2014. It makes you think that we might get off to a slower...
There are other variables, but the amount and quality of the inventory will determine our fate in 2018. Even with our Sandicor MLS logging duplicate listings, our count of houses for sale between La Jolla and Carlsbad dropped about 10% this year! It wouldn't matter...
Now that the tax reform is happening, what will it means for housing? We already have a natural cycle that has been maturing, and how buyers and sellers interpret the tax reform could exacerbate the issue. It will take healthy employment and incoming retirees to keep...
We knew these were coming: The legislation preserves the deductions for mortgage interest and charitable giving, though it lowers the cap on the mortgage deduction from $1 million to $750,000. Seeking to win over House Republicans from high-tax states, the conference...
From realtor.com: In such a tight market, buyers are running out of options, said realtor.com Chief Economist Danielle Hale. "Days on market and the number of new listings coming to market are lower than we typically see in the fall season, while listing views per...
Hat tip to Richard for sending this in: LINK An excerpt: Addressing a real estate conference in flood-ravaged Houston this month, longtime investor Ray Sasser detailed his strategy: buy up to 50 flooded homes at deep discounts, then fix and flip them for a hefty...
