Tag Archives: economy

There’s Never A Bad Time For Negative Headline

“A SPATE OF POSITIVE DATA NEWS PUTS REAL ESTATE BLOGGERS ON SUICIDE WATCH”…  That should be the headline you read today.  The pending homes sales data came out today and it was positive.  I can see the talking heads like … Continue reading

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Case-Shiller’s Latest

As is the case on the last Tuesday of every month, the Case-Shiller Index is published with commentary by Standard and Poor’s.  For the 8th consecutive month, the index posted a decline.  “‘There is very little, if any, good news … Continue reading

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California’s Future

A couple of days ago, a client sent me an article with 5 opinions suggesting the housing market was poised to continue its downward slide.  I responded by saying the future is unclear but that locally at least, the numbers … Continue reading

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Rents Are Rising, Time To Buy?

About 6 months ago I was challenged by a reader to prove it was cheaper to rent than to buy, something I stated right here in TheRealEstateConversation.com.  My point then was that you needed to factor the costs of home … Continue reading

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New Home Sales: A Creative Cure

For several years now, the housing industry has struggled to boost interest in new homes.  Competition from foreclosures and distressed sales coupled with an oversupply of resale homes, has led to the fewest number of newly constructed homes on record.  … Continue reading

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Half Empty, Half Full

As you probably have realized, when it comes to the real estate market, I’m a “Glass Half-Full” kind of guy.  But lately, even I have begun to question some of my core assumptions.  I have been predicting inflation, rising rates, … Continue reading

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Diana Olick Get Your Stats!

Ok, so maybe I’d like to have Diana Olick’s job at CNBC and maybe I wouldn’t.  Diana, for those who don’t know, is the real estate reporter for financial news channel CNBC.  Diana’s role at CNBC has thrust her into … Continue reading

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All’s Quiet On The Western Front… Literally

I have been selling real estate for nearly 21 years.  In all those years there are certain truisms that play out year after year: August is the slowest month of the year for real estate; sellers typically command more money … Continue reading

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Proposition 13

My parents closed on their home in Walnut Creek, California in August of 1966.  For 13 years they saw their home reassessed every year as California property values steadily increased.  In 1978 Howard Jarvis led California in what was characterized … Continue reading

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Case-Shiller for October

Greetings from vacation!  I just couldn’t resist a comment on these numbers…  We knew going in, October was going to post a bad month in the S & P/Case-Shiller Index, and it was, yet not entirely, specifically for California.  There … Continue reading

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