The absorption rate for Tucson held just under the 6 month mark for October. Now we will see what the next couple of months will bring. If we remove Green Valley from the mix it comes in at 5.75 months of inventory.  Not sure why Green Valley is in the 13 areas of Tucson in the first place ... Read more

Today we have a big equity seller -- or equity loser. The bubble was been unkind to banks and heavy-cash buyers from the bubble years. Irvine Home Address ... 821 YORKSHIRE Irvine, CA 92620 Resale Home Price ...... $538,800 GA_googleFillSlot("InPostAd"); Sure y ... Read the full ... Read more

It looks like the spring/summer rally has continued into autumn, as the median price per square foot was up 1.5% from the prior month: read more ... Read the full post ... Read more

The stats are out for October and the closed transactions for the month were strong.  I’ve asked around about the impact of the First Time home buyer tax credit, but no one tracks this data.  Not the MLS and not our brokerage.  From our experience we know of no one using this tax credit w ... Read more

There is still space available for our online real estate career seminar tonight. Don't miss out! This online seminar is geared towards those considering a career in real estate, as well as anyone currently enrolled in the licensing course. We... ... Read the full post ... Read more

Canada Mortgage and Housing Corporation (CMHC) released their monthly "Housing Now" report on new home construction in Edmonton today. For the fourth month in a row new starts in Edmonton increased year-over-year in October. Here are the highlights: Housing starts... ... Read the full post ... Read more

Why do I believe there are market fundamentals? And how do I calculate these numbers? Today we will look at the history of Irvine median home prices, IHB Current Cashflow Value, IHB Fundamental Value from 1975 to present. Irvine Home Address ... 31 DEER Crk Irvine, CA 92604 Resale Home ... Read more

IHB Property Valuation Reports Over the first few years of writing for the IHB, I outlined a number of property valuation principals based on the property's rental cashflow. Pulling together all the financial information about a property into a single report allows buyers to make informed purch ... Read more

The Games Are Afoot This weekend of this festival came before I knew it and I didn’t have a post prepared for this years event.  Then this morning I decided to attend some of the event.  Specifically I wanted to hear the “ Brothers ” from Australia.  I read in the pape ... Read more

Is everyone ready for the our block party on Monday night? Irvine Home Address ... 3 PRIMAVERA Irvine, CA 92614 Resale Home Price ...... $839,900 GA_googleFillSlot("InPostAd"); We sit and we sigh And nothing gets done So right, so clued-up We just get old ... Read the full pos ... Read more