Even though the market is blazing, many soon-to-be home sellers are going to wait until the Spring Selling Season of 2021....and take their time getting their house ready. Because it will be hard to tell if it will be a frenzy or a glut until April or May, it won't...
Today's coronavirus news adds a new dimension to our real estate market, doesn't it? Or does it? We can probably count on one thing to happen. This will be the last straw for those home sellers who have been languishing on the open market for more than 30 days. They...
After another weekend of multiple-offer situations where the listing agents made no attempt whatsoever to create a bidding war, and instead just shut down the showings, it's hard to believe there is any downturn coming our way. When you can get a mortgage rate in the...
For the second month in a row, 100% of the agents surveyed around San Diego County reported increased pricing, month-over-month. Sales are likely to slow over the next few months due to fewer homes for sale (see the 16.7 drop in Home Listings index) which is...
The pandemic is being blamed for people leaving town. I think it's more that Covid-19 is the last straw that is causing people to take the action they would have taken at some point anyway. The 'rona will be gone in 1-18 months - moving is a major life-changing...
Proposition 19 is on the ballot, and the California Association of Realtors wants you to believe that if it passes, there will be a surge of new inventory from seniors finally being able to sell their homes and take their ultra-low property-tax basis with them to a...
Source: WalletHub In San Diego's north county region, Vista has the highest ranking at #111: https://wallethub.com/edu/best-real-estate-markets/14889/
This article is written by a professor at the Wharton School who has a book coming out this week. It appears we have a glut of boomers - will we stay put, or sell the family homestead (once the covid is solved) and explore the world during retirement? Population aging...
We're sending people off to Oregon and to Prescott, Arizona this week, and in both cases it seemed like it will now take $400,000+ to buy a decent home. The new residents of Prescott said it's filling up fast with Californians, and many long-time San Diego police and...
Thinking of leaving America? Here's an sample - and Italians hold out on price too! On June 4, just a day after Italy opened its borders to European Union citizens, real-estate agent and reality TV star Fredrik Eklund boarded a plane from Los Angeles to Milan, with a...
