It might get so bad that we see an occasional flurry of supply! H/T daytrip: More than half of California voters say the state’s housing affordability crisis is so bad that they’ve considered moving, and 60 percent of the electorate supports rent control, according...
Examples of people who moved away, with good and bad results: Raya and Michael DeMarquez both grew up in San Jose, got married here, raised their kids here, bought a house here more than 20 years ago and felt settled in the Bay Area life — for life. Then they lost...
These days it seems like everybody wants a tiny house. But what if your home isn’t adorably tiny? What if it’s just sadly small? Don’t worry—it’s not your square footage that matters most; it's how you present it. Even if you're tight on space, you can fool buyers...
A key point here is that the local neighborhood experts gave them no chance of selling for the price they wanted, even after making improvements. It sold for full price, on the first day: Many thanks to our clients for doing this!
On the Facebook bubbleinfo, in response to the idea that the bubble won't be bursting, Matt asked 'what constitutes the big stagnation when it happens'. My response: The Big Stagnation? You'll know it when you see it. We used to consider 6 months' of inventory...
I was asked yesterday about the chances of the bubble bursting. My answer was, "No chance". But these things run in cycles, and eventually won't the market will cool off? Yes.....some day.....and when it happens, our market will stagnate, rather than see prices...
The pricing triangle above demonstrates the importance of an attractive list price. These percentages are probably cut in half during the off-season, but there are still buyers - I've run into two bidding wars this week!...
From realtor.com: http://www.realtor.com/advice/sell/why-are-you-selling/ “Why are you selling your house?” might seem like a perfectly innocent question from home buyers, but watch out—if you're the home seller they're asking, this is one of the diciest questions you...
The economists like the housing market, but they are known to play it safe. How about the consumers? I'd prefer to survey the active home buyers and sellers in our area to get the best reading on our future. But here are the sentiments of 1,079 American adults over...
From the Bank of America Homebuyer Insights Report: The majority of homebuyers want a house that's ready for move-in, or close! Sellers - do everything you can to improve your home before selling! Buyers - consider the fixers to expand the number of choices!
