Thanks to reader Just Some Guy for sending in this article from last week - and who wondered why more people don't live here and commute to the Bay Area? Buyers like off-market listings because it lessens the competition. All agents have to do is convince sellers....
Those who already own a home aren't going to sell just because they have fewer deductions - where do you move? Renters in high-priced areas are still motivated to buy so they get write-offs beyond the standard deduction. Biggest impact? The sliver of the buy-up market...
Those who bought at the high-end of the last cycle are, well, doing it again: After Teresa & Mark Taunton short sold their $535,000 four-bedroom home in Celebration, Florida, at the end of the real estate meltdown in 2011, buying another house was the last thing...
Are you looking for proof that there are buyers being very patient, and are waiting in the wings until they see the perfect fit? Consider this one, which I heard reports of receiving 18, 19 or 20 offers. It was listed for $888,000, and closed for $1,000,000, or 13%...
Hey, we had our first monthly increase since June! Last year the index readings topped out in July, and if that pattern repeats, it will mean that today's home prices will be the highest of the year. San Diego Non-Seasonally-Adjusted CSI changes: Reporting Month SD...
This interactive graph shows how our monthly sales this year may be less than they were in 2018, but look great compared to previous years. June has been the peak month for sales in each of the last five years - it's go time right now!
The one-story ranch houses with detached granny flats are their own category now, and buyers are paying prices that don't compare to other regular homes. This was taped in July when nobody wanted to have anything to do with it. The seller, Joe Walsh's ex-wife, hired a...
Rich is seeing it like we are - pricing has been fairly flat lately. Click here for his full report: https://www.piggington.com/february_2019_housing_data_bit_strengthening
Appreciation is slowing down, and though it looks like San Diego slammed the brakes on between February and December last year, it's nothing compared to San Jose where sellers went through the windshield, figuratively. The year-over-year increase in our December...
Can we expect young adults to be tomorrow's home buyers? A report from the Urban Institute: The share of young adults ages 25 to 34 living with their parents increased from 11.9 percent in 2000 to 22.0 percent in 2017. This translates to more than 5.6 million...
