Recently, I’ve heard some funny stories about HOAs. I find that clients are very divided on this topic… some people will never live in an area with an HOA, while others are cool with an HOA. Why Some Homeowners Don’t Like HOAs Why does it matter? I understand why people are opposed to an HOA. […]

I’ve talked about Prop 19 before, but the topic has come up a few times recently and I wanted to revisit it. In California, if you sell a primary residence property with the intent to buy another primary residence, you can take the assessment value of the original property with you. How Prop 19 Works […]

On Friday, we received data about existing home sales. There were a few things that popped out to me: Housing Prices Comparison The first data point looks at housing prices in December 2022 vs. December 2021. The numbers show that housing prices were up 2.3%. Obviously, the market has come off the highs (which happened […]

It’s starting to look like the market is moving as we have been predicting: inflation is showing signs of dropping off, and we hope that it will continue to bring rates down. We watched last year: as inflation ran, high interest rates went up. Now, we are seeing inflation coming down and interest rates are […]

There are so many people predicting what to expect in the real estate market for 2023. Of course, we are seeing these conversations, because it happens annually around this time of year. It’s interesting to see the varying opinions – people are all over the board about what is going on. The obvious question that […]

Welcome to the first week of 2023! Happy New Year! At 11am PST, the Fed released their meeting minutes from last month’s meeting on December 12th. This always happens: they have the meeting, then the meeting minutes are released a few weeks later as the official record. As Expected: No Surprises No big surprises in […]

Core Logic puts out a report every month about mortgage delinquencies, which is obviously an important statistic about the heath of the of real estate market overall. Mortgage Delinquencies are Trending Down The main headline shows 30 days past due or greater. On the chart, the green number is 2021 and the blue number shows […]

As we are approaching the New Year, I wanted to share a relevant thought. This a great opportunity to think about our plans for the year and how we intend to act. The idea is that there are 7 key parts to leadership, and we can focus on these characteristics to develop ourselves in 2023 […]

New data was just released for November 2022 for Southwest Riverside County.  I’ve taken the time to go through this report in today’s video. It is a bit longer than my normal video, but for those of you in the Real Estate industry or who have a genuine interest in Real Estate, I think you’ll […]

Today I’m sharing details from a report that Fanny Mae released today: the Home Purchase Sentiment Index (HPSI). The report tries to gauge consumer sentiment about buying a house right now. It brings different factors together: They survey a bunch of current and potential homeowners to collect this information. Comparing 2011 to 2022 Today’s report […]