A year ago, I guessed our NSDCC sales would be down at least 5% in 2018, and it looks like it will be closer to -10%. While I'm confident that sellers will refuse to lower their price expectations much in 2019, I doubt that home buyers will just go along as they have...
Corelogic reported September sales yesterday, and Doom-Doom Diana rejoiced. She wrote an article with the headline 'Southern California suffers its worst housing slump in over a decade', and reported that sales were down 18%. Then she tweeted the article with the...
Should buyers wait a while to see what happens to the housing market? Are we just seeing the usual end-of-selling-season malaise when where all of the motivated sellers have succeeded, and just the OPTs are stacking up? Or has the market shifted.....for good? Is this...
Here's a specific example of market activity on the street, and the important question - will sellers sell for what the market will bear?
When I first saw this graph, I thought it was the perfect way to sum up the changes in the marketplace since the 2000-2009 era. Back then, people were younger, there were plenty of homes for sale, and prices were relatively affordable, so we always had a very fluid...
We might be seeing some whipsaw effect with today's buyers being overly cautious. Either that, or we've ran out of the buyers who jump in too fast or too high, and just the deliberate ones are left: Millennials aren’t exactly jumping for joy after purchasing their...
We're halfway through 2018 - let's check on the predictions. Here is where Rob Dawg, Franklin Jones, Ash, and myself guessed what would happen this year: https://www.bubbleinfo.com/2017/12/27/2018-predictions/ My thoughts in December for 2018, plus extra stats: I...
A recent client who moved to the Bay Area asked for advice on finding a good agent for assistance in buying a home in a hotly-contested area. My thoughts: Zillow is your best tool - it shows every agent's sales over the last 12 months. Lately a realtor's goal is to...
Were you thinking you could always move to the desert? H/T daytrip: Mark Grden was looking for peace and quiet when he...
For those boomers considering all the options of where to move, check out this example of living on a boat: ?
