Low mortgage rates and large down payments are how buyers today are able to afford these lofty prices. Wondering where the big money comes from? Some of it could be from cash-out refinances: The article has a couple of other zingers too - excerpts: In recent years,...
Given the rapid escalation in prices around the 92075, I'm right in there: https://www.californiabeaches.com/beach/tide-beach-park/ The buyer of this house will likely appreciate the benefits of the sandy beach:
Thanks to Shaun for this conversation with Robert Shiller - click here for video & text: https://www.researchaffiliates.com/en_us/insights/conversations/narrative-economics-part-1.html
The mainstream media is prone to look for anything wrong with the housing market, and they are known to manufacture it if they have to! You'd think an article that begins with the headline above will include some ultra-high end cities like San Francisco or New York...
I describe the strategy for sellers here, because buyers need to be on alert 12 months out of the year. Why? Because you only care about buying the right house at the right price - which isn't affected by the general market conditions. You are looking for the one-off.
A typical home built in the 1980s that has had work done in the past, but needs more now:
Ryan is probably the most similar blogger to me because he's in the business and sees what is actually happening on the street. He does a ton of charts and graphs, so if you're analytical give his blog a look: www.sacramentoappraisalblog.com He sums up his current...
I don't know if they surveyed actual home sellers, but if these stats demonstrate the current sentiment, it shows how critical it is to list a home at 'market price' vs. 'dream price'. An excerpt from this HW article: You’ve listed your home for sale, and no one is...
Bill (in Giants jersey) from the Bay Area has been reading the blog for the last ten years! He won the earlier contest for Padres tickets, so when he and his family were here on vacation, they took in the first game of the series last night - a 13-2 shellacking by the...
The history of housing discrimination is getting a lot of attention these days, and rightfully so. If you, or someone you know, wants to contribute, KPBS is looking for stories: KPBS is doing an investigation into the legacy of "redlining" in San Diego. This is the...
