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 sales for May (the last complete month available) is 3,491, up 113% from May of 2020. The median price was $895,000, up 19.3% (All numbers are year over year for May). Single family resale saw a...
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The total number of sales for April (the last complete month available), was 3,920, up (7% from April 2020. (All numbers are for April year over year). That was to be expected as April 2020 was ground zero for the...
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So I read that home prices jump one dollar every two minutes in a local headline in a recent Sunday morning paper; and it’s true. In fact, more than a few states are experiencing hot real estate markets and sizzling...
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Buyers: 1) Do write your best offer first. Likely you won’t get a counter due to the number of offers the listing agent has to review with their clients. 2) Do be flexible on closing dates and open to rent...
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The consensus seems to be, shared by real estate economists, is the latter, gradual slowdown. Taylor Marr, of Redfin, concedes there are some signs of overheating, while Rick Palacios, from John Burns Real Estate Consulting, sees a “high risk, high...
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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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The rising rental rates that spiked earlier this year have begun to cool down this winter. Zillow’s Observed Rent Index saw a year over year rent peaking at 17% in
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