Does weather affect home sales? Yes, buyers don't mind the distraction when the market is uncertain! But now that the holidays are over, the Chargers are done, more houses are coming to market, and mortgage rates are a half-point lower than they were three months ago,...
I went to the grand opening today of these $2,000,000 tract homes and thought because of the rain that I might be the only one there. Wrong! There were hundreds of people - and this isn't Carmel Valley - not even close:
While some folks can't make sense of a move up or down, there are others who have specific wants/needs, and are willing to forge ahead - if they can just sell their existing home and pour their equity into the next one. I'm three for three this year with contingent...
What's it going to take to get the real estate market going? You could say that sales and pricing were at full speed between 2013 and 2017. What's the common denominator? Low mortgage rates. In the graph above, it's apparent there's been rate-tolerance up to the 4.2%...
Would you like some guidance on what to expect in the Spring Selling Season? Let's monitor how many new NSDCC listings are hitting the market! If the negative media hype is starting to worry sellers, they will hurry up and list their home early. If we see a surge of...
I'd like to think that Kayla has had the best upbringing of any realtor because she got to hear the sage advice from Doug Harwood - here we are in July, 2014 but his thoughts might be even more relevant today:
Expect more "unexpected" data, and constant Yunnie cheerleading in 2019: Contracts to buy previously owned homes fell unexpectedly in November, the National Association of Realtors said on Friday, the latest sign of weakness in the U.S. housing market. The NAR’s...
The Chargers - still euphoric from having 7 of their players make the Pro Bowl - lost badly last night, and that should doom the rest of their Cinderella season. They will probably end up in Pittsburgh or New England for their playoff game, and have a premature...
Home buyers and sellers might be concerned enough about the results of the Mueller report that it could impact their decision-making about real estate - as if they need one more reason to wait-and-see! They expect that Mueller report to be filed within the first six...
Above is the summary of yesterday's housing and economic outlook sponsored by First American Title. Click here for the full report: SoCal Outlook Dec 2018 Let's mention those who will be making the market in 2019: Those with the least amount of experience and...
