Who is selling? The last column below is regarding the 99 NSDCC houses sold between June 13-22 – these are the years when the sellers purchased the home they sold: Year Purchased 12/12/15 3/19/16 6/18/16 12/13/16 4/3/17 6/30/17 0 – 2003 41% 42% 39% 57% 48% 32% 2004 –...
The N.A.R. Chief Economist Lawrence Yun was befuddled in his previous press release, and now this: “Home prices keep chugging along at a pace that is not sustainable in the long run,” Yun said. “Current demand levels indicate sales should be stronger, but it’s clear...
A great article from realtor.com. Excerpts: As baby boomers look to downsize out of their suburban McMansions, a generational showdown is looming: Millennials might be coming into their own as the nation's biggest group of first-time home buyers, but they aren't...
Could this be one of the growing trends that might add more reasonably-priced homes to our inventory? Thanks Daytrip for sending in! http://www.charlotteobserver.com/news/nation-world/world/article154209369.html To casual visitors, this colonial town in southern...
Will the boomers be exiting at or about the same time? LINK Millennials aren't buying homes in the same numbers as previous and older generations, but it's not because they don't want to. The vast majority of millennials do indeed aim to buy someday, or would even...
This is a bit of a surprise, but you don't have to be rich to stay put! http://www.ocregister.com/2017/05/07/california-the-state-where-people-dont-move/ IRS data for 2015 shows 207,861 tax filers — a good estimate of households — from other states lived in California...
A quarter of Californians who are 55 and older haven't moved since the 1970s? Get used to seeing older homes needing a full upgrade coming to market over the next 5-20 years. We are overdue! Save
This guy saw it like I did - that there would be "the great senior sell-off", but he had more concern that the millennials wouldn't be there to pick up the pieces. He is back-pedaling now on when it will happen - and I think he is just guessing. It will happen when it...
Are you surrendered to buying a home from a down-sizing baby boomer? Be ready for some unique features! When this turns into a sticky substance, the new paint doesn't stick well - I had a case where we were scraping the nicotine off the wall with razor blades!
Who is selling? Here are stats on the 99 NSDCC houses sold between March 1 and March 15th - these are the years when the sellers purchased the home they sold: Year Purchased 12/12/15 3/19/16 6/18/16 12/13/16 4/3/17 0 – 2003 41% 42% 39% 57% 48% 2004 – 2008 23% 29% 24%...
