When it comes to real estate quotes, this guy is gold: “I describe the current boom in U.S. home prices as the third largest boom since 1890. And so it’s big, and people are starting to think that housing is expensive, and that could lead to a turnaround and a drop in...
www.sacramentoappraisalblog.com Ryan posted the history of real estate cycles in Sacramento County, so here are the same years for North San Diego County's coastal region for comparison. Human nature tends to flow in the same direction everywhere, and as a result,...
The slowdown started during the summer, so there was some evidence of it by the beginning of August - and it has been in the news non-stop ever since. Are sellers getting the message? Maybe, but they must think it applies to someone else: NSDCC Average...
We are, once again, experiencing one of the greatest housing booms in United States history. How long this will last and...
October sales in San Diego County were down 12% year-over-year, and the freefall should continue. While the experts will keep pointing to housing being not as affordable now that rates and prices are up (this article states that the median-priced San Diego home in...
Kayla returned from Manhattan for the long Thanksgiving weekend, and we were talking about the sluggishness in New York City market, which has been going on for 2+ years. By now agents have learned that there's no use fighting it - you have to learn to adapt. It was...
The local birdcage liner has an article on price reductions, and mentions that San Diego leads the nation this year. This is how they introduced it: This isn’t a sign that the bottom is falling out of the market. Instead, after years of rapid price increases, experts...
Home sellers and agents will conveniently write off today's market sluggishness as typical year-end slowdown, and in 2019 they will simply do what they've always done - put a bloated list price on their real estate. You can't blame them - it's their chance to win...
This talking-head guy was trying to create a ruckus about the new limit on SALT deductions being the cause of the real estate slowdown, but he backed into what will be the real effect. Higher mortgage rates and the limit on SALT deductions might keep those who are...
