Corporatism Sacred is the Constitution of this United States of America. We are all created equal and have unalienable rights which cannot be denied by anyone WITHOUT MY APPROVAL. Therein lies our greatest weakness: “My approval is easy to get.” Whether you are a frequent or infrequent user of social media applications, they know plenty about you …
Evidence of Bonkers Most Realtors represent buyers and sellers of existing single-family homes. The market provides data that helps navigate the market, up or down. Sellers currently attract eager (“fearful”) buyers who get accommodating appraisers when prices set recurring monthly highs. “Bonkers” is a word frequently used since summer 2020 when the run started. (Funny …
July 2021 – Sacramento Metro Real Estate Market Update Wondering if there’s a sign of slowing? Me too. But it’s hard to tell. The Average Median went up again. Momentum is still way above zero and hasn’t been below zero for 9+ years. Composite Average Median Price and Momentum And Cumulative Days on Market (CDOM) …
Probate and Short Sales These are 2 types of Listings which treat courts and banks as real estate principals. Short Sales are rare in this market when most people have some equity, reasonable or not. Each of these listing types come with unique responsibilities as buyers and sellers. These non-human entities (Courts, Banks) have an …
June 2021 – Supplemental Real Estate Market Update When 1 or just several Highs are achieved for local zip codes, it is normal. When 23 zip codes and 3 counties “hit” new highs in a given month (May 2021), it is not normal. Supply and Demand did this. But there are market forces that influence …
June 2021 – Sacramento Metro Real Estate Market Update Inventory (Supply) is still paltry. Sales (Demand) is not paltry. The best ways to describe this market in pictures are shown below. Cumulative Days on Market (CDOM) represents the TOTAL number of days a seller is waiting for a buyer who performs and becomes the new …
February 2021 – Sacramento Metro Real Estate Market Update We still have less than 1 month of homes available for buyers. We have had markets like this; low inventory, high demand, low rates. What is new, I think, is the migration from urban to rural areas. This migration is driven by remote-access “rights” of employees …
January 2021 – Senate Bill 1079 CA The current market is defined by “Days” of Inventory. The year 2020 will be adorned with an asterisk by historians. We should all agree, now or soon, that 2020 interrupted many lives around the world. We can argue about why, when, and where it started. Changing the year …
January 2021 – Sacramento Metro Real Estate Market Update “Months” or “Days” of Inventory, the year has given us more to ponder. Market resilience and weakness are frequently confused. In any market, someone is selling and / or buying real estate. This market is no different. Rates are low and portfolio choices are motivating the …
December 2020 – Sacramento Metro Real Estate Market Update Emerson Real Estate is my new brokerage, if you haven’t heard. From the day I earned my Broker’s license, it was just a matter of time for me to “fly my own flag”. Some day, there may be sub-agents. Over the years, Steve Galster had been …
