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MARKET UPDATE Overall the trends from last month continue (read last months report). As we anticipated, sales slowed in September but only a little. The market is down 7.5% or 12 fewer sales in September 2018 compared to 2017. What continues to surprise us is how active the market continues…
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MARKET UPDATE Overall, our market is active and consistent through a number of changes this year. Sales for the month of August 2018 are up compared to August 2017. Total year to date 2018 sales are down just slightly compared to last year. The changes we see: Inventory is rising modestly. Price…
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MARKET UPDATE On a national level existing home sales slowed for the fourth consecutive month in July, except in the West. In our local market, after the awful events in December and January, which did adversely impact sales in January and February, total sales activity for the year has remained…
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Jan ’18 Highest Sale 940 Via Tranquila 6 BD / 6.5 BA / $5.400.000 Jan ’18 Lowest Home Sale 1114 San Pascual St 3 BD / 2 BA / $660.000
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Merry Christmas! This is one of our favorite times of year, but this year is sure different. With the Thomas Fire still burning in the back country, it has altered the normal holiday cheer. In many respects it’s a great reminder as to what’s really important in life. We both…
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With three quarters of the year behind us, the market has surprised many. Sales are up. Median Sales Price is up. Inventory remains lean. Interest Rates have remained remarkably low but now rather suddenly seem on the move. Rates are up .25% from the beginning of September – half that…
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With three quarters of the year behind us, the market has surprised many. Sales are up. Median Sales Price is up. Inventory remains lean. Interest Rates have remained remarkably low but now rather suddenly seem on the move. Rates are up .25% from the beginning of September – half that…
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We are always mindful to pay attention to questions people are asking. One question that comes up often is, where is the housing market headed? Are we at the top of the market? Is it going to keep going up? That is a good question, and one that we continue…
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The big story this month is activity. Our sales and pending volume spiked. For the month, we experienced an increase from June 2016 of almost 16%. Notable in all the activity was the $5M plus market. In June there were 10 sales, which brings the total for the year to…
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OUR LOCAL MARKET Our market is active! Like make your head spin, I can’t believe it active – it’s hard to believe just how competitive it is at some price points. Buyers looking for a home under $1,000,000 are experiencing a lot of competition, and the story is not much…
Author Archives: Jon-Ryan Schlobohm
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