From First American: In April, pandemic-related pressure drove the supply of homes for sale to its lowest April supply level ever. Even in the years prior to the pandemic, the lack of housing supply for sale was a significant headwind to the housing market. A major...
Thanks Mike! He has other towns here: https://www.mikedp.com/articles/2020/4/27/the-real-estate-market-tracker
We're on the move:
New listings, new pendings, and more showings are happening everywhere. Regardless of what you think about it, there are people who are proceeding with their plans to buy and sell homes. The industry is cautious, and you see it in the showing instructions. I haven't...
The leaders of Kayla's real estate team will be speaking with America's most famous appraiser today at 3pm. There will be a NYC-focus, but I've heard all three of these speakers before and it will be worth a listen: Join us and guest speaker, Jonathan J. Miller,...
One key to any potential comeback is having more homes to sell. The weekly counts above are the net effect of new listings minus new pendings. When we have a good week of net new pendings (like we did this week with +13), it means a positive move by the new listings...
Excerpted from the latimes.com: Data released Thursday from real estate company Zillow show the number of deals entering escrow has fallen off a cliff since mid-March. But so too has the number of owners who are listing their house or condo for sale. Because the...
As people hunker down in quarantine throughout the state, many must be asking themselves if they are in the right house for them - and if it isn't, then where to move. Thankfully, most of the densely-populated parts of coastal California are more expensive than in San...
Of all the traditional real estate economists, Lawrence Yun probably gets the most press coverage - but Danielle has been around too. She was at NAR for nine years, then went to realtor.com where she's been for the last three years:...
Tips for buyers and sellers for successfully navigating a buyers’ market.
