Here's a sexy headline: Red-hot home prices have more consumers saying now is a bad time to buy Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule. Demand for housing has been unusually strong, due to the coronavirus...
Market conditions are subject to change! Hat tip to just some guy for sending in this article: In five years as a San Francisco real estate agent, Emily Beaven has never experienced such a dry spell. She has several condos on the market right now that she’s...
Have you been searching for homes all summer, and still haven't bought one? Do you feel like the inventory has been mostly garbage that you wouldn't buy at any price? Then once or twice a month you see a nice buy that turns into a bidding war and you don't win it? It...
The 2021 selling season should be the craziest market in the history of the world. My theory: The covid-19 pandemic has jumbled the usual timing of the elective movers, and we are experiencing a not-natural compression of reasons to move. We will have our Big Three...
Here are some interesting housing statistics from previous election years:
Let's note that searching for homes and actually moving are two different things - which goes for the previous Zillow article too about searches being equal to last year.
Above are the North Coastal interactive graphs broken down by price (which includes Oceanside, which doubles the inventory of homes for sale under $1 million vs. NSDCC). Our total sales in 2020 should be about the same as they were last year, which is a reminder that...
The chart above shows the June page views, which was probably the peak hysteria for those who were considering a drastic change. I think the heightened activity and sales could have just been from all the people who had been thinking about a move over the last 2-3...
We kind of assumed they would have to keep rates low, but now it's official: The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy....
We hear the term, 'tight inventory'. What does it mean? Fewer homes for sale? Fewer of the lower-priced homes for sale? Homes selling faster? The best buys are flying off the market in the first day or two? NSDCC detached-home statistics for Jan 1st - Aug 15th: Year #...
