Hat tip to Richard for sending this in.....how much more can buyers take? A house in Sunnyvale just sold for close to $800,000 over its listing price. Your eyes do not deceive you: The four-bed, two-bath house — less than 2,000 square feet — listed for $1,688,000 and...
We saw this happen in Bressi Ranch when Jenae and Company went on their 100% financing spree. Her victims weren't deadbeats - instead, they had good credit scores and other assets, and they were just duped into the get-rich-quick scheme. When it didn't pan out, they...
As the national drought in home supply dragged into its 21st straight month, competition among buyers drove prices up once again. And the fiercest competition was in the Bay Area. A new report from Redfin shows that 73.7 percent of homes sold above the listing price...
Tom's flip looks inviting when you can spend over a million about a mile away, as the crow flies:
Market conditions are favorable throughout the NSDCC. Here are stats on the individual areas: Area Zip Code ACT PEND SOLDS - April Months of Inv. (A/S) Cardiff 92007 19 11 9 2.1 Carlsbad NW 92008 38 37 18 2.1 Carlsbad SE 92009 75 78 52 1.4 Carlsbad NE 92010 15 33 11...
The onslaught of new-fangled ways to sell homes is getting bogged down in their own zeal - there are so many choices now, which way do you go? You have the sexy off-market package driven by celebrity realtors above, or the typical new-age mobile app at a discount...
It's one thing to offer above the list price, but would you waive all contingencies too? I think a judge would be reluctant to have a buyer lose a deposit. Listing agents who might keep a deposit should do a pre-listing home inspection, and give a copy to anyone...
Yesterday it was Seattle that had the highest increase in their Case-Shiller Index, rising 12.2% Y-o-Y. You know that frenzy fever is high when the quotes barely make sense: LINK Andrea Conway's home selling story has become the norm for Seattleites. She bought her...
http://www.cnbc.com/2017/04/24/spring-housing-strongest-sellers-market-ever.html Spring homebuyers are pounding the pavement at a furious pace, but the pickings are getting ever slimmer. Even as more homes come on the market for this traditionally popular sales...
Remember when we thought six months' worth of inventory was normal? We haven't been close to that for six years! How about 1-month's worth? Read Rich's latest data rodeo here (signs point to higher prices!):...
