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Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our new series Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in t...
Sylmar at a glance. Read more about August Absorption rates here.
Rising mortgage rates have clearly defined the 2022 housing market. With interest rates rising due to the Federal Reserve's Response to inflation- it has undoubtedly reduced housing affordability. But, because the rate increase had occurred during a highly competitive market with very little inventory and record high home prices, this has been the silver lining of the housing market as a wh...
Ideally, we’d like to work in a real estate industry in which everybody wins. Easier said than done. But contingencies, when used in good faith, help us get closer to that goal. What are contingencies? Basically, they’re conditions that can be placed on a transaction that, if not met, invalidate the transaction. This definition probably paints more of an “everybody l...