What's it like being a home buyer today? It's a bonanza if you are in the multiple-millions category - there are hundreds of choices! If you want to stay under $1,500,000, the inventory looks bleak: NSDCC Active Inventory Town or Area Zip Code Actives Under $1.5M...
The U-T asked their twelve real estate experts about the effects of Prop 19: Q: Will Prop. 19 substantially increase home inventory in California? Of the local experts, 11 out of 12 said NO, and the justification for the one YES answer could have been just as easily...
Question: Our house was titled “joint tenant with right of survivorship” after my husband inherited the property in 1998. We were not married at the time. However we legally married in 2013. Will one of us get the step-up in tax basis when the other passes, or do we...
We featured this website previously, but as more people think about moving to the sticks, let's note the counties with the highest wildfire risk.....I didn't expect VenCo to rank so high! https://climatecheck.com/
Anyone surprised to hear there are agents soliciting consumers based on their political beliefs? At first, Stephanie Morris was nervous about leaving Modesto. She’d lived in the Central Valley her whole life, but her family couldn’t keep paying $850-a-month for her...
San Diego didn't make the NAR list of vacation-home areas (counties where 20% of the housing stock is for seasonal use), but our market should be enjoying some additional second-home purchases: Vacation home sales are outperforming total existing-home sales. Sales of...
There was additional distribution of my moving survey after the previous report last week. Of the 2,872 visitors who have looked at the survey, 130 (or about 5%), at least answered a question, which is typical. Here are the final results: Q1. I liked that 28% of the...
While the 2020 is winding down and we look forward to next year, I'll occasionally repost the unique factors that will have impact on the 2021 selling season. Let me know of any others: Ultra-Low Mortgage Rates - Rates around 3% are expected to continue through 2021,...
Let's get some intel on how people feel about moving next year! Take this survey, and when completed, you can share it on social media. I'll publish the results on Tuesday:
This chart shows the generational changes among non-homeowners about their interest in owning a home. Being interested doesn't mean they are buying, necessarily, but it's a step in the right direction - especially for the millennials, who picked up the largest net...
