Category: The Trendline
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4 Hacks For High Interest Rates
Are you ready to fire your landlord? Or upsize? Or downsize? Or relocate? Are high interest rates holding you back? I’ve got four hacks to help. Except I’m an overachiever and added five bonus hacks. Your opportunities await! Before we launch in, let’s just take a minute to talk about…
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Housing Price Free Fall?
The monthly MLS data dropped a couple days ago and I noticed an interesting phenomenon when looking at the numbers for Westchester single family home prices. Below is the chart showing median price month over month. Looking at that chart, you might think Westchester prices were in a free fall.…
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Tell Me Again Why You’re Not Buying
Tell me again why you’re not buying real estate right now. High rates, you say? Well heck yes rates are crazy high and nobody saw this coming not that many months ago, but should you put your homebuying plans on hold? No. In fact, I argue that right now is…
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The Trendline – Venice – August 2022
The MLS just dropped its July listings data earlier this week and I’m seeing a continuation of interesting trends in Venice. Trendline says → market is continuing its shift in favor of sellers after a very long run for buyers in Venice. New listings have fallen off a cliff in…
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The Value Of Sold Listings Data
Sold Listings. If you google the term, what comes up is all the celebrity agents and lists of their own personal sold listings. They all seem to use the same social media consultant. The results are pretty much identical. Bragging about all the listings they got people to sell under…
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The Trendline – Westchester – July 2022
The MLS dropped its June listings data today. Westchester prices continued their relentless march upward. New listings were up a smidge month over month, but on a rolling 12 month average, they were down dramatically. Inventory is around the 2.1 month mark and days on market continued at about 10…
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The Trendline – Manhattan Beach – July 2022
The MLS just dropped its June listings data today and I’m seeing a continuation of the same real estate trends we’ve seen for most of the year in Manhattan Beach CA residential real estate – drastically low inventory and another drop in new listings. How’s the market in Manhattan Beach?…
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The Trendline – Venice – July 2022
The MLS just dropped its June listings data today and I’m seeing a continuation of interesting trends in Venice. Trendline says → market is shifting more in favor of sellers after a very long run for buyers. Listings are down almost 20% month over month, continuing a trend in the…
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Interest Rates! What Just Happened?
The big conversation this week is all about interest rates. 😱 If you’re planning on financing your next home purchase, I’m sure this news caught your attention. Did you know? Fed funds rate increases do not equal mortgage rate increases? In fact, mortgage rates pulled back slightly this week. How…
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Mid-Year Market Update
2022 is flying by in a blur! Can you believe we started the year with mortgage rates a hair above 3%? It’s been a year… The good news is that our relentless rate hikes appear to be plateauing. While we may all be wishing for the “good old days” of…