R.I.P. Pocket Listings

R.I.P. Pocket Listings

In May the National Assoc. of Realtors (NAR) implemented what they euphemistically called the Clear Cooperation Policy, a crackdown on off-MLS (Multiple Listing Service) “pocket listings.” To reiterate: May 2020 was NAR’s choice of timing to restrict...
What Will 2021 Look Like?

What Will 2021 Look Like?

In late October each year, The California Assoc. of Realtors (C.A.R.) releases their predictions for the following year. After gathering data and crunching numbers, here are their thoughts on 2021… C.A.R.’s forecast points towards a modest increase in existing...
Will the Market Surge This Season?

Will the Market Surge This Season?

Mortgage applications to buy homes fell by 2% last week from the week prior, according to the Mortgage Bankers Association (MBA). The MBA metric, known as the purchase index, was still up year-over-year, making it the 21st week the index has posted annual growth. But...
Stand and be Counted, Counties

Stand and be Counted, Counties

Stand and be counted, Counties! As another pandemic-related milestone dominates the headlines, SoCal’s home prices are garnering attention, too. Our 6-county region’s median price reached $600,000 in August, up 12.1% from a year earlier, according to data released...
Where do I put my…?

Where do I put my…?

While California made huge strides in 2017 with favorable Accessory Dwelling Unit (ADU) legislation, a new series of state bills, signed into law by Gov. Newsom in early 2020 further lowered barriers to creating ADUs, a.k.a. Granny Flats or garage conversions. Here...