A shift in demand in the housing market
A shift in demand in the housing market
Do you feel that? It’s change. The housing market is still elevated, but there’s no mistaking a different temperature – especially over the past week. STUFF ON MY MIND: This is designed to scroll quickly or digest slowly. The goal is to highlight stats and things I’m watching. An elevated market with a shift in […]
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Do you feel that? It’s change. The housing market is still elevated, but there’s no mistaking a different temperature – especially over the past week. STUFF ON MY MIND: This is designed to scroll quickly or digest slowly. The goal is to highlight stats and things I’m watching. An elevated market with a shift in […]
Do you feel that? It’s change. The housing market is still elevated, but there’s no mistaking a different temperature – especially over the past week. STUFF ON MY MIND: This is designed to scroll quickly or digest slowly. The goal is to highlight stats and things I’m watching. An elevated market with a shift in […]
Finally. We’ve seen a massive change with housing inventory. But is it because sellers are rushing to list their homes? Nope. That’s not the culprit. Let’s talk about supply and some things on my mind about today’s market. UPCOMING (PUBLIC) SPEAKING GIGS:
7/26/22 Navigating the Shift (sign up here (for real estate community))
8/11/22 Realtist meeting (details TBD)
8/15/22 YouTube Live with Matt Gouge (details TBD)
8/25/22 State of Housing Brunch & Learn (sign up (for real estate communi...
Finally. We’ve seen a massive change with housing inventory. But is it because sellers are rushing to list their homes? Nope. That’s not the culprit. Let’s talk about supply and some things on my mind about today’s market. UPCOMING (PUBLIC) SPEAKING GIGS:
7/26/22 Navigating the Shift (sign up here (for real estate community))
8/11/22 Realtist meeting (details TBD)
8/15/22 YouTube Live with Matt Gouge (details TBD)
8/25/22 State of Housing Brunch & Learn (sign up (for real estate communi...
The housing market has shifted over the past month. That’s what the stats are showing, and it’s what we’re hearing from the trenches. Today I want to highlight what’s been happening in Sacramento, and unpack what I mean by “shift” too since this word can be sensationalized. If you’re not local, what are you seeing […]
The housing market has shifted over the past month. That’s what the stats are showing, and it’s what we’re hearing from the trenches. Today I want to highlight what’s been happening in Sacramento, and unpack what I mean by “shift” too since this word can be sensationalized. If you’re not local, what are you seeing […]
Demand for mortgage loans fell 8.3%, with a sharp decline in purchases applications indicating a potential weakness in home sales in the coming months.
The post What a dip in mortgage demand says about the housing market appeared first on HousingWire.
Demand for mortgage loans fell 8.3%, with a sharp decline in purchases applications indicating a potential weakness in home sales in the coming months.
The post What a dip in mortgage demand says about the housing market appeared first on HousingWire.
I love the original Back to the Future movie. Do you too? Well, I can’t help but think of today’s housing market compared to the film. Sellers have tended to be stuck in the past expecting the market to be hotter than it actually is right now. And some buyers are stuck in the future, anticipating lower prices ahead, and therefore expecting to score a deal below what the market will allow. Tension is real: The tension between buyers and sellers is real, but the remedy is simple. Pay attentio...
I love the original Back to the Future movie. Do you too? Well, I can’t help but think of today’s housing market compared to the film. Sellers have tended to be stuck in the past expecting the market to be hotter than it actually is right now. And some buyers are stuck in the future, anticipating lower prices ahead, and therefore expecting to score a deal below what the market will allow. Tension is real: The tension between buyers and sellers is real, but the remedy is simple. Pay attentio...
I’ve been getting asked lots of questions lately about choosing comps since the market shifted. Here are some things people have been asking me. UPCOMING (PUBLIC) SPEAKING GIGS:
10/07/22 Market update with SAR (Sign up here – On Zoom)
10/13/22 Market update in Midtown (12-2pm Sign up here)
10/20/22 How to Think Like an Appraiser (9am-12pm) (Sign up here) QUESTIONS I’VE BEEN ASKED LATELY Are you using comps only within 60 days right now? No. While my preference is to use recent sales, I?...
I’ve been getting asked lots of questions lately about choosing comps since the market shifted. Here are some things people have been asking me. UPCOMING (PUBLIC) SPEAKING GIGS:
10/07/22 Market update with SAR (Sign up here – On Zoom)
10/13/22 Market update in Midtown (12-2pm Sign up here)
10/20/22 How to Think Like an Appraiser (9am-12pm) (Sign up here) QUESTIONS I’VE BEEN ASKED LATELY Are you using comps only within 60 days right now? No. While my preference is to use recent sales, I?...
Nobody is buying today. Everyone has left the market. Or wait, I mean, it’s only buyers at the very highest prices who have backed off. No, maybe it’s first-time buyers who are getting crushed. There are lots of ideas floating around, so let’s take a look at some stats. I hope this is helpful, whether you’re local or not. UPCOMING (PUBLIC) SPEAKING GIGS:
10/07/22 Market update with SAR (9am-10:15am Sign up here)
10/11/22 Folsom MLS Meeting (9:15am)
10/13/22 Market update in Midtown (12...
Nobody is buying today. Everyone has left the market. Or wait, I mean, it’s only buyers at the very highest prices who have backed off. No, maybe it’s first-time buyers who are getting crushed. There are lots of ideas floating around, so let’s take a look at some stats. I hope this is helpful, whether you’re local or not. UPCOMING (PUBLIC) SPEAKING GIGS:
10/07/22 Market update with SAR (9am-10:15am Sign up here)
10/11/22 Folsom MLS Meeting (9:15am)
10/13/22 Market update in Midtown (12...
Real Estate Today Radio - SHOW 512 On this week's Real Estate Today, it's our special show "A Market Shift." This Week's Show Includes: - Top News Of The Week - The Market Shift - Buyers - Market Shift - Sellers - Smart Home Technology - Get REALTOR(R) Become a part of the community at http://retradio.com!
Real Estate Today Radio - SHOW 512 On this week's Real Estate Today, it's our special show "A Market Shift." This Week's Show Includes: - Top News Of The Week - The Market Shift - Buyers - Market Shift - Sellers - Smart Home Technology - Get REALTOR(R) Become a part of the community at http://retradio.com!
The pile of listings is growing, and it’s taking longer to sell. That’s what so many housing markets across the country are experiencing right now. We’re on the cusp of seeing some real change in the stats over the next few months. Here are some things on my mind. Anything to add? Why have we seen a spike in listings? We have almost 3,400 active listings today in the Sacramento region. This is actually still lower than a normal level, but over the past two months there has been a dramat...
The pile of listings is growing, and it’s taking longer to sell. That’s what so many housing markets across the country are experiencing right now. We’re on the cusp of seeing some real change in the stats over the next few months. Here are some things on my mind. Anything to add? Why have we seen a spike in listings? We have almost 3,400 active listings today in the Sacramento region. This is actually still lower than a normal level, but over the past two months there has been a dramat...
This once-in-a-lifetime housing market has rewritten the rules that govern real estate.
“In real estate, people often say the most important thing is location, location, location,” says Yongqiang Chu, director of the Childress Klein Center for Real Estate at UNC Charlotte. “For housing to be affordable, the most important thing is supply, supply, supply. The only thing we have to battle price is to increase supply, and unfortunately we are not seeing that happening fast enough.”
Inven...
This once-in-a-lifetime housing market has rewritten the rules that govern real estate.
“In real estate, people often say the most important thing is location, location, location,” says Yongqiang Chu, director of the Childress Klein Center for Real Estate at UNC Charlotte. “For housing to be affordable, the most important thing is supply, supply, supply. The only thing we have to battle price is to increase supply, and unfortunately we are not seeing that happening fast enough.”
Inven...