According to U.S. Census Bureau data, about 130,000 more residents moved from California than to California in 2017. While foreign investment in California real estate continues, many California residents chose to sell while home prices are high and buy in less expensive states. The five most popular states for people moving from California were Texas, […]
Chinese Are Still Buying California Properties and Will Continue To Do So
There has been much speculation that mainland Chinese homebuyers will pull back their California property purchases amid China’s economic slowdown as the country’s escalating trade war with the U.S. dampens growth. These concerns were fueled by reports from Beijing recently that China’s economic growth slowed to its weakest pace since the first quarter of 2009 […]
The Reasons Why People Move
What are the reasons why people move? Life events are often the catalyst for moving and changing where we call home. While I may have knocked Zillow on their Zestimate accuracy, I do admire their extensive research on trends in the real estate market. One of the highlights in their 2018 report, they talk about a […]
UBS Global Real Estate Study Finds Only One City Undervalued
Only 1 of 20 global housing markets is considered undervalued in a recent UBS Global Real Estate study. Chicago was this city. UBS surveyed 20 cities around the world to assess which are at the greatest risk of a housing bubble. 16 of the 20 cities fell into the overvalued and bubble risk categories. What is […]
The Starbucks Effect – How Starbucks Stores Affect Home Values
Having a Starbucks location nearby is great for coffee drinkers. However, did you know the benefit it has for homeowners? The Starbucks effect adds value to help homeowners maximize their real estate investment. While people can have differing opinions about Starbuck – see all of the mania surrounding their Christmas, I mean holiday cups – one […]
In the Most Expensive Cities to Buy a Home, You Need a Salary of $100,000
Home prices have jumped since the real estate market crash during the Great Recession. Since the market bottomed in 2011, home prices have recovered nicely. They have recovered so nicely that in the most expensive cities to buy a home, many of us are now priced out. In October of 2015, home prices surpassed the […]
Home Price Reductions Becoming More Common in the National Market
A recent Zillow analysis discovered a trend of home price reductions across the United States. The number of homes on the market that have reduced their price to be more appealing to buyers is growing. In June of this year, 14.2% of U.S. homes listed for sale on Zillow had at least one price cut. That’s […]
When Will the Housing Market Crash?
With U.S. home prices appreciating rapidly and the memory of the great recession not that distant, it’s natural to ask, when will the housing market crash next? According to a recent report by Zillow, more than half of U.S. homes are valued more than their peaks before the Great Recession. The median home sales price in […]
San Diego Rents Continue to Increase, but at Slower Rate
When searching for a new place to call home, it’s important to know what’s happening with rent prices in your city. As peak renting season begins, Apartment List analyzed rent growth rates from 2015 to 2018 in a new research report to see which cities have seen the biggest changes. This article will look at […]
San Diego Ranks 4th for Location-first Movers in U.S.
According to a recent study done by my friends at Apartment List, 65.7% of San Diego metro renters are location-first movers who are choosing to move to San Diego prior to searching for a job. San Diego has the 4th highest percentage of location-first movers in their national study. What exactly do we mean by “location-first” […]
