Everything seems like "If" these days, but if we had a market comeback, the dates of a modified and compressed selling season would be fairly predictable, looking at it logically. The actual results will be a matter of compression and intensity. If there isn't much of...
Our daughter Natalie is part of our team now as marketing director (in between her dance gigs). We got started yesterday with a few short answers (less than a minute each) to three basic questions about today's market that she will be using individually on social...
Demand for San Diego County homes has waned in recent weeks as the fallout from the coronavirus pandemic ripples through the real estate industry. The number of pending sales in the county has dropped by 27 percent in two weeks, said data from Reports on Housing...
An interesting conversation yesterday with the guy who made one of the biggest deals in the history of residential brokerages when he sold his company with 1,700+ agents to Compass in 2018. His team developed the graph above on March 31st, and it looks like they are...
Like the San Diego Case-Shiller Index, the median sales price has been sputtering lately (above). Homeowners didn't have to make their mortgage payments before the coronavirus, and now they really don't have to make them, so analysts who point to foreclosures are...
Prices dropping in the 'low single digits' doesn't sound like a frozen or desperate market. Their first story is about a guy who is looking at homes in Florida priced at $15 million? That's relevant to the national housing market?...
Buyer interest declined by 90%? I think they meant that 90% of buyers don't want to risk their life to see a home in person - they are still interested in the market as seen from the couch. NAR's latest Economic Pulse Flash Survey - conducted April 5-6, 2020 - asked...
Home sales are likely to plummet, and take a while to come back. When will the market start up again? It will depend on which channel you watch. Excerpted from this article from Fox Business - hat tip GW:...
Happy Lockdown, with no end in sight! California Gov. Gavin Newsom's order marks the first statewide mandatory restrictions in the United States to help combat the outbreak. It went into effect at midnight Thursday, meaning Californians should not leave home except...
There isn't a central website for viewing videos of local real estate for sale, so let's do it here. This home has been on the market for a while, but the price is now down to $9,395,000: If you're an agent who wants extra exposure for your listings, send me your...
