This is getting to be a real problem, and there doesn't appear to be a Plan B. Hat tip to Richard! As home insurers flee California, the state’s last-resort insurance plan is warning that it’s being pushed toward insolvency, forced to cover a rapidly growing number of...
San Diego Case-Shiller Index, Non-Seasonally Adjusted Month SD CSI M-o-M chg Y-o-Y chg Jan 22 384.13 +2.5% +27.2% Feb 401.44 +4.6% +28.9% Mar 416.45 +3.8% +29.9% Apr 425.90 +2.3% +28.5% May 427.80 +0.5% +25.2% Jun 424.83 -0.7% +21.6% Jul 414.03 -2.6% +16.5% Aug 402.48...
My only thought when seeing thas property was whether Kellen Winslow Jr would affect the outcome or if whether we are beyond that now. He bought his new for $2,871,000 in 2015 and had to cheap sell it for $2,850,000 in 2019 when he got into trouble. But even his house...
Oh, you're going to get lower commissions alright - on the backs of the buyer-agents. The last time I checked a couple of months ago, there were 30% of the monthly closed sales that offered a buyer-agent commisssion under 2.5 percent. Of the 92 closings so far this...
The reporting on the NAR settlement seems to be focused on creating hysteria, rather than finding the truth. Realtors commissions have always been a juicy topic, and the media is intent on using this opportunity to fabricate wild and salacious stories to attract the...
As the boomer estate sales become the dominant source of homes for sale, their buyers can expect to do some work. In most cases, there will be a lot to do! https://www.leafhome.com/wp-content/uploads/2024/01/2024_Generational-Divide-in-Homeownership-Report.pdf
It's been obvious that the entire real-estate-selling business has been deteriorating towards single agency. I see it every day on the street, and I've posted evidence of the shift regularly. The trend is moving quickly now on multiple fronts. The DOJ is going to...
It looks like the over-heated housing market will cause the government to do something so it looks like they care. There was a $8,000 first-time homebuyer credit back in 2009-2010 that was free money given to those who just happened to buy a house then - nobody bought...
There have been 12% more listings YoY in the first two months of 2024, and buyers are responding! Closed SFR sales between La Jolla and Carlsbad are +20% YoY in the first two months of the year! It's why the number of active listings (red line above) isn't exploding,...
There had to be skeptics to my Los Altos Adventure last weekend. Did you mis-price the house by more than a million dollars on purpose - or just by accident? Come on - you were 440 miles out of your normal market area....dude....you got lucky!! I like to pay close...
