Prices, rates, and incomes. We know that incomes will drive housing prices quicker during recessionary times as incomes will decline quicker than they will rise. Inflation can act as a decelerator on wage increases. We have seen the impact of...
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We all saw the ads for deep pocketed companies willing to buy our home on the cheap and easy. No cleaning it up for showings, no fixing of leaks, no new painting required. In exchange for a quick and mostly...
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The total number of sales for the month of February was 2,217, which was down 18.7% from February 2021, the last complete month available, as all numbers below are. We start with single-family resale which numbered 1,340, off 19.7%, with...
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That’s what many unfortunate; would be homeowners are muttering under their breath, if they paid attention to the roughly 25% appreciation single-family homes garnered in our comparison of year over year numbers. So yes, if you didn’t pull the trigger...
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An agent is so much more than whose sign is in your yard, or the one who drives you around and shows you homes. Both of those are the barest beginnings of selling or buying a house. Ponder the following:...
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The Inland Empire being number one for first time buyers, is not a shocking headline. We have all known for some time that you can get way more for your money; the headache of course, was, and is, the commute....
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The total number of homes sold for February, (the last complete month available), was 2,725, up 13% from 2/20 (all comparisons are for same month year over year). Single-family homes numbered 1,671, up 10.6%. Condo sales continued their growth with...
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Doubles – doubles aren’t just for burgers anymore, the OC housing market is sizzling too and it’s pretty much all price ranges and housing types. There are only 36 out of 380 months, between 1988 and 2020 that qualify as...
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It isn’t always who has the highest offer, there are many other factors; your down payment position, contingency positions, loan approval, repair considerations, escrow length, contingent offers on another home being sold, rent back flexibility. So how to navigate… Your...
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That is a valid and reasonable question; at the beginning of the year, Jonathan Lasner reported we were a weak 1 on a scale of 1-5 (5 being highest), of a real estate bubble. Now, according to the Fitch report,...
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An indicator of housing strenth, 15-18% of the Gross Domestic Product is supported by the housing industry. This is brought about through two main categories that were pointed out in
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