Tag Archives: Housing+sales

The Emperor Has No Clothes; Or Why Aren’t The Pundits Looking At Inventory?

I know, I know, I’m pounding the inventory drum to death.  I guess I just can’t help it; it’s just so painfully obvious.  Do you remember the Hans Christian Andersen story of the emperor who is persuaded by a swindler … Continue reading

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A Looking Local: Assessing Inventory For The Conejo Valley

I’m not usually quite so local in my blog.  That is, I base my thoughts and opinions on what I am seeing locally but since The Real Estate Conversation is now being read from Spain to Australia, Back East to … Continue reading

Posted in Demographics, Economics, Real Estate | Tagged , , , , , , , , , , | 1 Comment

Let’s Get Something Straight

I heard some guy, some housing analyst on CNBC yesterday, tell viewers that homes were more affordable in 2003 than they are today due to the fact that people had better access to adjustable mortgages and interest only financing.  He … Continue reading

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How Do I Sell My House? Becoming A Smarter Seller

In my last blog I wrote about how to buy a house, just some of the basics like prioritizing and making lists.  One of my clients wrote to me, “Great article – how about doing one on selling a house?”  … Continue reading

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Tom Foolery, Pogo And A Market Update

Yes, you read the headline correctly, Tom Foolery.  I really don’t know how else to describe what just transpired in Washington.  I read an LA Times article that said, “We have met the enemy and he is us;” a reference … Continue reading

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The World Is Flat! Thank Goodness… Kinda

There were several interesting items of note it this morning’s paper some good, some not so good.  First and foremost is that it was reported that Southern California prices were flat for the second consecutive month.  Whew!  For a minute … Continue reading

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June 2013: Perception Is 9/10’s Of The Law

Great news for property owners: Case-Shiller, S & P’s housing index, shows home values are up across the nation.  Prices in some areas like Los Angeles Metro, are up for the 15th consecutive month and up over 20% from the … Continue reading

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Some Thoughts On Bernanke, Interest Rates And The State Of The Market

Today, the National Association of Realtors’ pending homes sales data, representing June’s homes entering contract, showed a decline of .04%.  Analysts expected a smaller decline of .01%.  The Decline is being blamed on a combination of low inventory (can’t go … Continue reading

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Thoughts On Interest Rates And Housing

Mortgage rates have risen 1.10% since May and while 1% may not sound like much, it represents an increase of 67% and that does sound like a lot.  Effectively rising interest rates means a home buyer can afford less and … Continue reading

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Something To Keep In Mind

Yesterday was an interesting day for anyone involved with real estate.  Whether you’re a Realtor, mortgage broker, buyer or seller, the events of May 28 were pretty incredible.  As is the story on the last Tuesday of every month, the … Continue reading

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