Usually around tax day, the real estate market goes into a bit of a funk, and this year it was compounded by the disconnect between our MLS and Zillow - any new listings have to be manually inputted to Zillow, which isn't obvious to most agents. In spite of all that,...
Market Buzz
Seller Demands
This article lays out the basic 12 tips for homebuyers to use when preparing to buy a home: http://money.usnews.com/money/personal-finance/articles/2015/04/13/12-tips-for-spring-homebuying-in-a-sellers-market The local market has been very competitive lately, with...
Designer-Brand Condos
Hat tip to daytrip for sending this along: http://tinyurl.com/lkswwop Excerpts: SUNNY ISLES BEACH, Florida (AP) -- The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view. It takes something more audacious to sell beachfront...
Auction Buyer Premium
Here are some of the details about those RSF auctions you don't find online:
Flipper Crowdfunding
Remember last time? When you don't have mortgage underwriters being strict with the money, you are entering bubble territory: http://www.cnbc.com/id/102537364 Chicago-based Ben Walhood used to sell brain surgery equipment; on the side, he flipped a few houses. "When I...
Mortgage for Self-Employed
We haven't been hearing much lately about how tight credit is choking off the housing recovery. Once it was announced that the GSEs were going to purchase 97% loans for the first time is five years (which starts today), the tight-credit talk started to subside. But...
Home Buyers from Tech Industry
One segment fueling the market - thanks daytrip! http://www.latimes.com/business/la-fi-0321-tech-real-estate-20150321-story.html Although he primarily lives in San Francisco, entrepreneur and investor Justin Yoshimura focused on Southern California when it came time...
Millennials
The hubbub about Millennials and home-buying keeps coming. When you see the big boys getting involved, you can't help but think that another generation should hold on to their wallet:...
Zestimate Tune-Up?
When they first rolled out the improve-it-yourself feature, it turned out to be no more than an opportunity to list your upgrades - because little or no value was added to your zestimate. I received this by email today: Hi Jim, Today Zillow announced enhancements to...
RSF Auction Today
The highly anticipated, no-reserve auction in Rancho Santa Fe happens later today. It was on the market for $36,500,000 back in 2006 and for sale ever since - the latest list price was $22,500,000 last year. Casa Del Sol — from Concierge Auctions This is the second...