Wage growth remains sluggish. The stock market continues to be volatile. Target, Macy’s and many other big retailers are struggling — and the recent spike in oil prices could further dent consumer spending. But there is one part of the economy that is undeniably strong — the housing market. http://money.cnn.com/2016/05/25/investing/housing-market-economy-stocks/index.html?iid=SF_River
Ultra-Luxury Sellers Are Slashing List Prices (April 14, 2016)
“More luxury home owners are receding from “aspirational pricing,” which will help more deals move through, says Jonathan Miller of the appraisal firm Miller Samuel in New York. “The high-end of the market peaked well before the balance of the market.”” http://realtormag.realtor.org/daily-news/2016/04/14/ultra-luxury-sellers-are-slashing-list-prices
SoCal home buyers face fierce competition this spring (March 28, 2016)
“Packed open houses. Bidding wars. Rising prices. That’s the landscape for much of the Southern California housing market as the spring selling season gets underway. Competition is as fierce, or even greater, than last year in many corners of the Southland, and would-be buyers can expect a pitched battle if they want to close a … » Learn More about SoCal home buyers face fierce competition this spring (March 28, 2016)
