Yesterday, Rob Dawg got started on his prediction on next year's market: Is this the official JtR 2021 prediction thread? If so I will post again but for now... The huge demographic groundswell of house-ready millennials will drive prices much higher. The municipal...
The headline for this article is California Loses Hundreds of Thousands of Residents in 2020: But it sounded...
It looks like we are going to set new records in every category this year - and not by a little! NSDCC Annual Sales & Pricing Year # of Sales Median Sales Price Median DOM # of $2M+ Sales 2013 3,083 $949,000 41 392 2014 2,904 $1,020,000 47 434 2015 3,104...
Last year, the showings in early December ended up about where they were during the previous January. But this year we had a huge post-Thanksgiving bounce, and are now 175% above the same time last year! Next year is going to go nuts!
Friday Wrap-Up! Thursday Showings: 5 Friday Showings: 11 (+one no-show) Total Showings: 16 in first 1.5 days on market. Two offers. After the first offer, I suggested to the sellers that we raise the list price which I don't remember ever doing before - and remember...
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...
Remember when it seemed to make sense that because home prices were escalating, people would be buying smaller homes? Boy, did Covid-19 change that - now the larger homes are driving the market, which suggests that the move-up market has come alive: (To keep a healthy...
This looks like a dramatic drop-off in showings but we are still 160% above where they were last year, and way above where they were in February. If there were just more homes for sale! We got off to a hot start in 2020, and you can see how showings in January of...
I agree that homes selling quicker - evidenced by the lower market times - means crazy price increases. Sellers can get away with pricing their home at 5% to 10% above comps and buyers still come running. How crazy is it? More than half of our sales are finding their...
Health, unemployment, stairs, taxes, finances, politics.......selling your home is becoming the answer for everything! More than 2.5 million American homeowners have stopped paying their mortgages, taking advantage of penalty-free forbearance periods offered by...
