Market Buzz

Terramar

by Jim the Realtor | Aug 30, 2015 | Bubbleinfo TV, Carlsbad, Foreclosures, Jim's Take on the Market, Local Flavor, Market Buzz, Market Conditions

Love Letter Deluxe

by Jim the Realtor | Aug 26, 2015 | Jim's Take on the Market, Market Buzz, Market Conditions, Thinking of Buying?

An excerpt from Quartz: http://qz.com/486677/buying-a-home-in-san-francisco-love-letter-now-required/ Balog has seen what she calls “love letters” written from buyers to sellers since she started in the business 15 years ago. But in the tech savvy environment, letters...

Frenzy vs. Frenzy Sales Overlay

by Jim the Realtor | Aug 22, 2015 | Bubble-Era Pricing, Frenzy, Jim's Take on the Market, Market Buzz, North County Coastal, Thinking of Buying?, Thinking of Selling?

Every day we hear some pundit talking about the latest real estate bubble forming. Can we learn anything from comparing recent sales to those during the bubblicious 2004-2007 era? Sales were dropping precipitously in 2005 and 2006 after the 2003-2004 run-up. There...

‘Housing Shortage’

by Jim the Realtor | Aug 21, 2015 | About the author, Jim's Take on the Market, Market Buzz, Market Conditions

From the WSJ: http://www.wsj.com/articles/u-s-existing-home-sales-rise-to-pre-recession-pace-1440079684 WASHINGTON—Sales of existing homes climbed in July to their prerecession pace, but low inventory and higher prices threaten to curtail those gains heading into the...

Bubble Talk

by Jim the Realtor | Aug 20, 2015 | Forecasts, Jim's Take on the Market, Market Buzz, Market Conditions

This is what you get when a college professor looks at today's real estate market - faulty assumptions. 1) The graph he included shows the two years (2012-2013) of rapid appreciation; and 2) the building-permit numbers are skewed by the lack of land available, plus...

Chinese Home-Buying Concerns

by Jim the Realtor | Aug 19, 2015 | Jim's Take on the Market, Market Buzz, Market Conditions

From John Burns Real Estate Consulting, a company that is very thorough in their research: http://realestateconsulting.com/betting-on-chinese-home-buyers-in-the-us/ I live and work in Irvine, California, which many consider to be ground zero for Chinese new home...

Realtor Transparency

by Jim the Realtor | Aug 17, 2015 | Jim's Buyer Representation, Jim's Take on the Market, Listing Agent Practices, Market Buzz, Realtor, Realtor Training, Realtors Talking Shop, The Future, Why You Should List With Jim

I am a fan of transparency. The two best attempts of creating an agent-ranking website got shot down by realtors themselves. But outside entrepreneurs keep plugging away, and one of them could find the right mix and hit the jackpot some day. One website called...

Realtor Doom

by Jim the Realtor | Aug 5, 2015 | Commission War, Jim's Take on the Market, Listing Agent Practices, Market Buzz, The Future, Thesis

Link to full HW article HERE: Zillow Group is positioning itself to take the lead in bringing the entire home-buying process online. During a Tuesday call with investors, Zillow CEO Spencer Rascoff revealed Zillow’s reasons for acquiring DotLoop, a Cincinnati-based...

Rest of 2015

by Jim the Realtor | Aug 3, 2015 | Jim's Take on the Market, Market Buzz, Market Conditions, Sales and Price Check

This summer's 3-mo moving averages look quite different from last year. In 2014, the list-pricing started to falter as summer approached, and stumbled along until this spring. But since then, we've been on a tear! How can it be explained? The lower-end buyers are...