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abnormal

The New Abnormal

Way back when the Earth was still cooling, when I was in my 20's and single, my buddies and I spent a ridiculous amount of time trying to find a good party on weekends. The frustrating part was that almost every party we went to was WAY disproportionately … Read More...

Recent Posts

carrott

The New New Normal

A couple of years ago I wrote a post about the market's "new normal". That normal is old now. We have a new new normal now. This could be as strange a new normal as I've ever seen. Maybe even as strange as that carrot up … Read More...

up-flying-balloon-house

What Goes Up….

    So a few weeks ago I noticed a Realtor friend of mine on Facebook was touting the wild, overbidding experience she had just had selling a house she had listed. One of her friends commented "I … Read More...

diaspora

Real Estate Diaspora

Sort of coming on the heals of that last post I wrote about changing criteria is the also new phenomenon of buyer flight to the East Bay and South San Jose. It's a veritable Real Estate Diaspora. Folks that would just as … Read More...

Path across labyrinth

Altered Criteria

One thing that always happens in hot markets is a buyers criteria gets reduced. In a slow market a buyer can afford to be picky and bad locations, plenty of needed improvements or schools that don't have API scores over … Read More...

reaching

Over Reaching

Last week, a 2 bedroom townhouse at CityHomes listed for $758,000 got 21 offers and launched all the way up to $925,000. It was a cash offer, good since the last comparable for this floorplan was 3 weeks old and came in … Read More...