Rising rates may discourage the regular home buyers, but they aren’t the market-makers. All that matters is how many of the desperate-buyers-full-of-cash are left, and with the new listings trickling in, we only need a few! It’s Thursday and thus time once again for Freddie Mac’s weekly mortgage rate survey. An industry standard report dating […more]
The key part of this value is being located next to a more-expensive Davidson tract:
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The owner-occupiers are the crazy bidders, not the investors, so this will have no impact on the current frenzy: House flippers could be taxed 25 percent of their profit under the California Speculation Act, a bill introduced by Assemblymember Chris Ward, D-San Diego. Assembly Bill 1771 aims to discourage real estate speculation that Ward said […more]
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Expensive does not mean good in many cases. People tend to think that things only go up and somehow, things do not correct (ask Meta how that logic goes). Things do correct and they usually do not happen in the way you think. People are cramming into homes stretching their finances to the brink. There […more]
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