What is the consensus on the Trump impact on our local real estate market? After speaking to agents on broker preview the last couple of days, I think we can divide the buyer pool into two camps: There have never been more reasons to wait-and-see. But some buyers will...
Thinking of Selling?
Homebuyer Turnoffs
Rarely do I smell cigarette smoke in houses for sale any more. H/T daytrip! http://theweek.com/articles/659711/how-quitting-smoking-help-sell-home Have you ever been touring a home as a potential buyer and known within a few minutes that the house was not for you?...
In Search Of
Door-to-door soliciting:
Higher Prices = Harder to Sell
As home prices increase, buyers get more picky - and it makes sense. If they have to pay more, then they want more for their money. This should have some lasting effects on the market: The sellers who upgrade their home to sell will be rewarded. The gap between the...
Leased Solar Panels
Solar power is a great idea, but do you buy or lease the system? If you purchase your solar panels, then when you go to sell the house, it should provide some extra value to the buyer. Exactly how much is tough to estimate, but it wouldn't be more than 50 cents on...
More on Real Estate Disrupters
The latimes.com gave free publicity to a couple of real estate start-ups here: http://www.latimes.com/business/la-fi-ditch-the-real-estate-agent-20161001-snap-story.html Let's examine piece by piece: Real estate agents used to be privy to a lot of information that...
Where Would You Go?
OK, OK, Jim, it does sound like a good time to us to sell and move. But where would we go???? Check out my lists of ideas here (also found in right-hand column): https://www.bubbleinfo.com/general-information/where-to-move/ P.S. Never put a bandstand on the infield!...
Smart Selling Tips
When you’ve decided to sell your home, the last thing you want to do is spend money to spruce the place up. After all, whoever buys it is going to replace those outdated kitchen cabinets and grungy bathroom tiles anyway, right? “We’re often asked why any money should...
2016 Renter Survey
Worried we might run out of buyers? Plenty are waiting in the wings - and working with their parents to achieve! Current renters value homeownership and want to buy a home but many are encountering affordability and financial obstacles that prevent them from buying,...
MID and Home Prices
This has my vote for the worst real estate article of the year: http://www.realestateeconomywatch.com/2016/06/new-study-abolishing-the-mortgage-interest-deduction-would-lower-house-prices-by-nearly-20-percent/ Three Belgian economists have shown the world that they...