Higher interest rates and demand predicted in coming few years

Posted Leave a commentPosted in 55+, Buying a new (to you) home., Market Direction, Selling your home.

Global markets are stabilizing, which will cause interest rates previously held in check by cautious investors to increase. This predicts a slight downtown in 2018, since currently sales volume is low and prices are high, so rising interest rates will initially decrease demand from prospective buyers who can no longer afford to qualify for what […]

Home-sales-per-household ratio remains flat despite inventory concerns

Posted Leave a commentPosted in Buying a new (to you) home., Housing shortage, Market Direction, Sales Data, Selling your home., uncategorized

The following article is reprinted from first tuesday journal, and was written by Carrie B. Reyes.  We seldom reprint entire articles, however this contains a unique interpretation of statistics worthy of being widely distributed.  Our thanks to first tuesday journal and Ms. Reyes. On a monthly basis, 2.9 homes sold per 1,000 households at the […]

Monthly Market Direction – December 2017

Posted Leave a commentPosted in Buying a new (to you) home., Market Direction, Sales Data, Selling your home.

To give you the most current information, we personally chart sales activity in the LA South Bay.  This hyper-local information often involves very small numbers of sales to work with on a monthly basis. This December 2017 chart shows the daily changes in the number of homes available in blue, and the trend line in […]

How Does Retail Marijuana Affect House Prices?

Posted Leave a commentPosted in Sales Data, Selling your home.

Voters, policy-makers, and economists are interested in the ways recreational marijuana legalization affects communities. Similarly, economists and homeowners are interested in how marijuana sales impact the value of their most prized possession … their home. Using publicly available data from the city of Denver and the state of Colorado, business analysts from the University of […]