April 2013 – As the market heats up during what appears to be a strong recovery after several years of doldrums, the relationship between inventory, price and sales volume is making itself known. Shrinking inventory drives up prices while driving… Continue reading
March, 2013 –For the last two years, the Luxury Market Snapshot was published, examining the performance of this locally important market sector for 2010 and 2011. This month we’ll take a look at the luxury market for 2012 and look… Continue reading
Foreclosure and default notices in the Bay Area and California have fallen to their lowest levels since before the housing downturn, according to a report released Wednesday.
The report from San Diego's DataQuick highlights how the foreclosure crisis appears to… Continue reading
Home is where the heart is. A man’s home is his castle. There’s no place like home.
These familiar sayings remind us of the emotional connection Americans have with homes and homeownership. However, home also is where our nation’s economic… Continue reading
Don’t Rock the Boat!
Keep the Mortgage Interest Deduction
Many REALTORS® have asked for information on the debate surrounding the mortgage interest deduction that they can share with family, friends and colleagues. REALTORS® and the public alike are… Continue reading
October, 2012 – From the first quarter of 2011 through the first quarter of this year, local prices have been essentially flat and formed an apparent bottom. Sales volume during this period has been trending strongly upward. We’ll look at… Continue reading
September 2102 – In California, there are 3 types of real estate agency relationships: Seller’s Agent, Buyer’s Agent, and Agent Representing Both Seller and Buyer. The latter is known as Dual Agency, and defines the general case where the Seller… Continue reading
This is a re-post of a letter sent by e-mail to all members of California Association of Realtors® today by our 2012 President LeFrancis Arnold. Well said, Mr. President!
Please see my previous post for more information:
August… Continue reading
August 17, 2012 – From time to time, something will cross my desk that must be shared. I do my best to limit posts at this blog to topics that are directly related to real estate and especially local Nevada County… Continue reading
In December 2011, we took a look at monthly inventory of single family residences (SFR) over the previous 3 years and discussed the effect of declining local inventory on demand and pricing. Here is the data from that article:
|Month/Year… Continue reading|
In early February 2012, a settlement between the Federal government and the Attorneys General of 49 states (all but OK), and the nation’s 5 biggest mortgage servicers was announced. The five servicers are Bank of America, JPMorgan Chase, Citibank, Wells… Continue reading
March 2012– The Investors are coming, the Investors are coming! Since 2009, according to the California Association of Realtors®, buying activity byinvestors has been on the upswing in many California markets that have been hard hit by the recent… Continue reading