Tag Archives: Westlake+village

Just How Local Is The Real Estate Market?

Real estate is local.  That’s what they say anyway… usually it’s the final tag line in an article or interview discussing real estate values and market conditions.  Kind of an afterthought really, yet factually just relevant enough that it needs … Continue reading

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Stayin’ Ain’t An Option

For the past couple months I have been of the contrarian opinion that we don’t have a supply problem but rather a demand problem.  That is, here in the Conejo Valley anyway, we are selling a comparable number of homes … Continue reading

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How Do You Know If You’re Overpaying for A Home?

I get asked this question more and more by my clients as the market is rebounding and prices are rising.  Tough question, no easy answer.  So exactly what is “Market Value?”  The academic answer for real estate is, “Market value … Continue reading

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The Complete Book Of Running and Today’s Real Estate Market

I was a kid when the jogging craze exploded.  The year was 1977 and a new book entitled The Complete Book Of Running was taking America by storm.  It advocated running as a way to stay healthy and that active … Continue reading

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Houston, We Have A Problem

What happens when there are no homes to sell?  Seriously, have you ever stopped to consider what would happen if there were literally no homes to sell and no homes to buy? It seems ludicrous to even think about such … Continue reading

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All’s Quiet On The Western Front

All’s quiet all right; quiet on the Western Front, Eastern Front and everywhere in between.  It’s so quiet in fact that most Realtors are quietly freaking out.  Typically at this time of year real estate activity slows a little do … Continue reading

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Want Scary This Halloween? Look At The Government

Thursday’s 4.6% decline in the Pending Home Sales, as reported by the National Association of Realtors, is in stark contrast with the 2.5% growth in GDP.  This is the strongest evidence yet of the effect of Congress’ ineptitude on the … Continue reading

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And Now For The Good News

It’s been a week of less than great news for real estate.  Flat pricing and declining sales numbers cast a pall over much of the housing industry.  Home repossessions were up; home starts were down and rates shot up in … Continue reading

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Gad Zooks! The October Home Data

Well there’s no way to sugar coat the data that came out yesterday on the Southern California housing numbers; they stunk.  Sales activity was very low for this time of year and prices were essentially flat – increasing at the … Continue reading

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Playing With Numbers

In my real estate office, my manager regularly gives us an excel spreadsheet detailing the numbers of sales year to date as well as the inventory. It’s broken down by month, has data at various price ranges and provides the … Continue reading

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