Housing Bubble Set to Pop By John Burns In 2013, fresh off the biggest housing downturn in their lifetimes, 73 housing industry executives compiled the Top 10 Signs of a Housing Market Bubble at our Summit Conference in Laguna Beach, CA. Assessing the criteria that we...
If mortgage rates around 7% weren't bad enough, today we are experiencing another major setback to the San Diego real estate market. Florida has been one of the main destination points for those moving away from here. How many people who were planning to leave San...
Pete has been trying to disrupt the real-estate-selling business for years, but here it seems like he is giving up on replacing realtors and is acknowledging the American tradition: This type of “classic” residential home ownership is likely not dying. 65% of families...
Here we go again with the click bait on the front page of the local birdcage liner. They also used a photo of the most prime real estate in the county, insinuating that a slump is underway there? Link here for the full article, and this is an excerpt: San Diego...
Are you waiting to buy a home until you can get a sizable discount? Is it because you know a guy who will give you a deal on any home improvements needed; you've got your eye on some new appliances down at the scratch-and-dent outlet; and you were thinking about going...
People have wondered if the foreign buyers will have an impact on how this turns out. But that segment of the buyer pool isn't what it used to be, according to a recent report by NAR:...
The last coffee bet began in 2006 when it was obvious to me and others that the market bubble was popping, so let's examine the data back to those years to see if we can learn anything that might be helpful when trying to predict the future: NSDCC Listings and Sales...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Trying to predict what will happen to our local real estate market in the short-term? No surprise that mortgage rates will play a big role in how it plays out, and they have been extremely volatile lately. But it's just not...
The market will coast through the next few months, and then pick up during the selling season when both buyers and sellers decide to quit dancing around and just go for it (after they see others doing it too).
It doesn't do any good to lower your price if there are no buyers. Sellers of superior homes should wait it out and take their chances later....because the next selling season is right around the corner.
