Maybe having a mortgage is going out of fashion now that the affluent have taken over real estate? Or do we just need to Get Good Help with filing taxes? (30%-40% of Americans prepare their own taxes) The mortgage-interest deduction, a beloved tax break bound tightly...
The Future
The End Is Near
Brokerages are finding new ways to convince sellers to do in-house deals - an excerpt: According to Charles Williams, CEO of Buyside, “the software we supply to Metro Brokers unlocks the power of their buyer data for agents so they can win more listings, become more...
Boomers Helping Kids
We were talking with some friends last night about how much financial support is going towards kids, and how it will affect real estate in the future. On one hand, it's the Bank of Mom and Dad, and helping to keep the market afloat when funding home purchases at these...
Alternatives to the MLS
If the MLS goes away, then what? It probably won't go away, at least not until it runs out of dues-paying members. Buyers, sellers, and agents will just choose other more-effective options instead. Check out this one that provides an investment platform with several...
The Decline of MLS Civilization
The traditional way of selling homes has been picked apart for years now, and the players of the future are emerging. It's shaping up to be a competition between full-service brokerages vs. Redfin vs. ibuyers. This article describes the power play, and features...
Google Commits to Housing
I'm glad to see a major corporation doing something for housing, though they take a beating on Twitter - many of the comments are negative. FYI - their net income was almost $9 billion in 4Q18. An excerpt from their press release: Today, Google is one of the Bay...
Multi-Gen
Twenty percent of Americans is a good-sized group, and with the cost and difficulty of senior care being so high, it is natural for more people to consider multi-generational living. Home sellers who can present their home as multi-gen friendly could really benefit....
Millennial Homeowner Stories
Hat tip to Eddie89 for sending in this article that includes 14 stories of how millennials purchased homes: An excerpt: Homeownership, like other forms of participation in the American dream, increasingly resembles an exclusive country club, with membership predicated...
More on Carlsbad Village Development
Thanks bode for sending this in from the Reader: At least eight businesses in Carlsbad’s downtown Village area have been told they must prepare to move out as their buildings make way for a sleek new restaurant/retail complex. In what seems to cement the notion that...
Gentrification is Everywhere
Many will lament the redevelopment of downtown Carlsbad, but it is happening everywhere as big money takes over. It's not just the look that's changing either. The old Sears at UTC is being completely re-purposed, and new companies that never existed before are...