As the boomer estate sales become the dominant source of homes for sale, their buyers can expect to do some work. In most cases, there will be a lot to do! https://www.leafhome.com/wp-content/uploads/2024/01/2024_Generational-Divide-in-Homeownership-Report.pdf
It's been obvious that the entire real-estate-selling business has been deteriorating towards single agency. I see it every day on the street, and I've posted evidence of the shift regularly. The trend is moving quickly now on multiple fronts. The DOJ is going to...
It looks like the over-heated housing market will cause the government to do something so it looks like they care. There was a $8,000 first-time homebuyer credit back in 2009-2010 that was free money given to those who just happened to buy a house then - nobody bought...
There have been 12% more listings YoY in the first two months of 2024, and buyers are responding! Closed SFR sales between La Jolla and Carlsbad are +20% YoY in the first two months of the year! It's why the number of active listings (red line above) isn't exploding,...
There had to be skeptics to my Los Altos Adventure last weekend. Did you mis-price the house by more than a million dollars on purpose - or just by accident? Come on - you were 440 miles out of your normal market area....dude....you got lucky!! I like to pay close...
We can expect that the election season will be like no other in the history of the USA! Prepare accordingly! Can you imagine how this will play out? If Biden wins, there will be a civil war. If Trump wins, he's promised that there will be full chaos on Day One. We can...
Happy March! These are updated on the first of the month and are interactive: No real concerns there. The low volume causes the bumpy appearance, but for the most part, the pricing is fairly steady. If there were a downward trend for a few months, it would be...
3 The Point - Coronado, Ca from Spearhead Media on Vimeo.
The blip in active listings over the last week isn't too concerning and could just be from the weather. The count of active listings is a good indicator of the demand though. During the mega-frenzy conditions from late-2020 through early-2022, you can see that the new...
As of February 1st, the January sales count is 103, with the median sales price at $2,275,000, which is a nice pop over the 87 sales from last month. The graph above shows how any momentum was thwarted by rising rates in October, and some relief now is probably...
