What's it like being a home buyer today? It's a bonanza if you are in the multiple-millions category - there are hundreds of choices! If you want to stay under $1,500,000, the inventory looks bleak: NSDCC Active Inventory Town or Area Zip Code Actives Under $1.5M...
Either we are undervalued, or we're getting more popular....and maybe both! The price of a San Diego home could increase by more than 8 percent this year, more than anywhere else in the nation, according to a forecast released Tuesday. Real estate analysts CoreLogic...
We'll be all frenzied up for the next few months - when will it cool off? The real estate market will likely mirror the course of the pandemic. You've probably heard the comparison to the Roaring 20s - the boom that kicked off when World War 1 and the Spanish Flu of...
2020 was a truly unprecedented year. With it behind us, let’s look ahead at three housing market trends that are likely during the next three years. First, exceptionally low mortgage rates are likely to be around for an extended period. We expect 30-year fixed-rate...
I inputted my new listing around 10:00am this morning.....and I was showing it by 1:15. We had FIVE showings today, and have SEVEN scheduled for tomorrow. And it's December! https://www.compass.com/listing/7168-sitio-corazon-carlsbad-ca-92009/664477436107162137/ Plus...
The 15% increase from the last peak 15 years ago doesn't seem bad, though both were bubblelicious thanks to stimulus (exotic financing then and ultra-low rates today). https://wolfstreet.com/2020/11/24/the-most-splendid-housing-bubbles-in-america-november-update/ The...
In the graph above, the conditions were glutty through July, but now I think we can call it a full-blown panic in SF County. They only had 1,000 homes for sale in May, and their fourth-quarter history already looks very strange. You can bet that buyers are slamming on...
Ultra-low rates, record home equity, and societal needs/concerns make the perfect frenzy cocktail: The pandemic is driving a major boom in the housing market that's breaking all kinds of records and exposing a very uneven economic recovery between the haves and the...
More excitement to stir up next year's selling season! Most landlords can survive a while, but faced with no rental income for months, won't a few long-time landlords say, "Screw it, I'm cashing out and I don't care about paying the taxes!" Evicting the non-payers...
Hat tip to just some guy for sending in this article: Thanks to the COVID-19 pandemic, more deep-seated, tectonic-sized questions beyond markets and interest rates are being asked this time around that no one really has the answers to yet—like will people feel safer...
