In today's market, sellers should consider an offer that is contingent upon the sale of the buyers' home. If the seller's home has been on the market for 30+ days, the showings have probably slowed down - and a contingent offer might be the only hope of getting a sale...
Let's also note that mortgage guidelines allow for parents to contribute the entire 20% down payment. Hat tip to SM for sending in this article on the Bank of Mom & Dad! Buying a home is increasingly a multigenerational family affair. Four in 10 parents recently...
This new post about millennials and their housing/lifestyle expenses outlined by a Compass realtor in Houston made me think of the budget above which is more applicable to those of us in Socal....
I describe the strategy for sellers here, because buyers need to be on alert 12 months out of the year. Why? Because you only care about buying the right house at the right price - which isn't affected by the general market conditions. You are looking for the one-off.
Rich has done a fantastic summary on the San Diego real estate bubble - read more here: https://www.piggington.com/shambling_tiny_halting_step_towards_affordability
Aisling Swindell was paying so much for rent last year—$2,100 per month to live in a studio in Downtown LA—she figured she might as well buy a place. “The house I ended up buying was $440,000, which is insane, right?” says Swindell, who works for an online fashion...
You'd think there would be more that goes into making a good investment, but who knows any more? Certain grocery stores may help lift nearby home values, particularly if those stores happen to be Trader Joe’s, Whole Foods, or Aldi, suggests a new analysis from ATTOM...
The folks at JBREC have completed their own tax-reform study: They say the high-earners who buy a...
Buyers are engaged - it looks like about 6% of adults are looking for a home, which is the same as last year. Glad to see the seniors on the move too: Many people start thinking about a home purchase well in advance of actually engaging in the process of finding a...
Thanks to reader Just Some Guy for sending in this article from last week - and who wondered why more people don't live here and commute to the Bay Area? Buyers like off-market listings because it lessens the competition. All agents have to do is convince sellers....
