Evidence of Bonkers
My composite depiction of “consumption” shows when “bonkers” started. (The beginning of the Scamdemic is marked in March 2020.)
Evidence of Bonkers Read More »
real estate
Sac Metro Real Estate Update 2021 07
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)
Sac Metro Real Estate Update 2021 07 Read More »
Probate and Short Sales
The tasks inserted by the judge NEVER make things work more quickly – adding weeks, at best.
Probate and Short Sales Read More »
Supplement – Real Estate Update 2021 06
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
Supplement – Real Estate Update 2021 06 Read More »
Sac Metro Real Estate Update 2021 06
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
Sac Metro Real Estate Update 2021 06 Read More »
Sac Metro Real Estate Update 2021 02
Momentum has started its charge upward. How long it lasts, nobody knows.
Sac Metro Real Estate Update 2021 02 Read More »
SB 1079 Fails Logic
Foreclosure represents the movement of an asset [and liability] from one who can’t to one who wants to try. Government should not say how that movement happens. The market should decide.
SB 1079 Fails Logic Read More »
Sac Metro Real Estate Update 2021 01
The utter disappearance of housing supply, whether due to the virus or other reasons, caused a flurry of activity from buyers who were NOT at risk and felt the urge to buy. When the urge to buy exceeds the urge to sell, prices go up and appraisers can’t dampen it on their own.
Sac Metro Real Estate Update 2021 01 Read More »
Sac Metro Real Estate Update 2020 12
Now that winter is here, “cocoons” begin to form and listings dwindle. But that has been our market for 9+ months — NO LISTINGS. If you have one, clean it up, price it well, make it available, and have a place to move in 30 days, it will sell.
Sac Metro Real Estate Update 2020 12 Read More »
Negotiating
When an agent is a salaried employee, it begins to erode the exclusive relationships and VALUE that I provide clients. It’s not the salary, per se, it’s a different mindset when you’re getting paid regardless of any value you provide. I’ve been salaried and the mindset can make one lazy.