I am sure you have heard about how NAR (the National Association of Realtors®) made a mistake in their calculations. The headlines NAR overestimated real estate sales by 14% have been splashed around a lot. Funny how the bad news … Continue reading
Great News! It looks like the national scene is beginning to see what we have watched here for some time. The big “news” guys at least are beginning to report that maybe the housing industry is not in a perpetual … Continue reading
Many, many loans are out there that have set to an interest rate much higher than what is currently available today. While a lower interest rate can save thousands of dollars a year (we’ll get into the numbers later) many … Continue reading
Want to keep up with what is really going on in the real estate market? For a look at the actual stats for last week click on over to Over the Back Fence. … Continue reading
Thank you for returning for part 2. And for those of you that didnt catch it, part 1 was posted last Wednesday and can be read below todays post. Our last session ended with the questions about how this shadow … Continue reading
You may have heard that the “shadow inventory” is going to destroy our market. Just what is this shadow inventory? How does it affect the real estate market and the economy in general? Do we really need to be alarmed? … Continue reading
Home prices have fallen substancially since 2005. In fact the Wall Street Journal reports that drop to be 31% nationally. That’s is hardly news to many of us. Something that may be a bit more difficult to understand however is … Continue reading
Yes, you are reading that correctly! In Yuba & Sutter Counties alone there were more than one hundred homes either newly sold or whose contracts closed (keys handed over). Get the rest of the stats at Over the Back Fence … Continue reading
The Real Estate Market is in the dumps! How often we hear such things! But how often do these utterances come from people actually in the business? And how is the general public to know? Consider this: A common complaint we hear … Continue reading
Did you know there are 571 homes currently for sale in the Yuba Sutter MLS? Do you know how many of those are bank owned? Short sales? Is you next home there? Get all the numbers and more on Over … Continue reading