Here's a sexy headline: Red-hot home prices have more consumers saying now is a bad time to buy Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule. Demand for housing has been unusually strong, due to the coronavirus...
Thinking of Buying?
One-Story Country Estate with 2br ADU
They say that everyone is fleeing the urban markets for the country, and this is a good example of how much further your money will go. It is fairly close to town too - you wouldn't really need to change doctors, etc. and for those who need a top-notch granny flat,...
The October Surprise
Today's coronavirus news adds a new dimension to our real estate market, doesn't it? Or does it? We can probably count on one thing to happen. This will be the last straw for those home sellers who have been languishing on the open market for more than 30 days. They...
Doom?
After another weekend of multiple-offer situations where the listing agents made no attempt whatsoever to create a bidding war, and instead just shut down the showings, it's hard to believe there is any downturn coming our way. When you can get a mortgage rate in the...
Who’s Fleeing?
The pandemic is being blamed for people leaving town. I think it's more that Covid-19 is the last straw that is causing people to take the action they would have taken at some point anyway. The 'rona will be gone in 1-18 months - moving is a major life-changing...
Dear Homebuyer
Have you been searching for homes all summer, and still haven't bought one? Do you feel like the inventory has been mostly garbage that you wouldn't buy at any price? Then once or twice a month you see a nice buy that turns into a bidding war and you don't win it? It...
Best Real Estate Markets
Source: WalletHub In San Diego's north county region, Vista has the highest ranking at #111: https://wallethub.com/edu/best-real-estate-markets/14889/
Boomers In Control
This article is written by a professor at the Wharton School who has a book coming out this week. It appears we have a glut of boomers - will we stay put, or sell the family homestead (once the covid is solved) and explore the world during retirement? Population aging...
What’s Hot!
We know that covid, and it's impact on schooling in particular, is causing some people to want more space around them. Bigger houses, with bigger yards, are becoming more desirable.....and buyers are scrambling to get situated and comfortable before school starts -...
Foreclosure Gen
The joys of homeownership tend to be positive for most. But there is risk - here's an example: After looking at several...