Category: Silicon Beach Insider
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Should You Let The Listing Agent Write Your Offer?
Dual Agency Generally Sucks For Buyers Some buyers think itās a good idea to use the listing agent to write their offer. They might think theyāll get a better deal or they simply donāt understand the concept and availability of an independent buyer representative. Picture this. You don’t yet have…
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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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Take Advantage of Today’s Market
Are you ready for a blast of optimism in a bleak landscape of dire real estate news? If you listen to the national mainstream news and a lot of real estate agents right now, you might think the sky is falling and real estate is crashing. We are bombarded with…
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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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3 Data-Driven Reasons To Buy Real Estate Now
Right now is the best time to buy! Sounds exactly like something a real estate broker would say to you as rates are inching toward 8%, right? š Well, I’m putting my data where my mouth is. 1| It’s Seasonal As we head into the holidays, home sales slow and…
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The Trendline ā Westchester ā 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 ā Manhattan Beach ā 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 ā Venice ā July 2022
The MLS just dropped its June listings data today and Iām seeing a continuation of interesting trends in Venice. Trendline says ā market is shifting more in favor of sellers after a very long run for buyers.Ā 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. š± 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…