Market data as of February 2025. For the latest numbers in your area, see my live Altos Research market report. Let’s dive into the latest market stats and see what’s happening in the California real estate landscape. Sales Dip, Prices Climb (Year-Over-Year) January 2024 presented a mixed bag for California’s single-family home market. Here’s the […]
Tag: Market Insights
The Great Real Estate Shake-Up That Wasn’t (Yet)
Market data as of February 2025. For the latest numbers in your area, see my live Altos Research market report. Last summer, there was a lot of buzz about the new National Association of REALTORS® (NAR) rules and how they were supposed to revolutionize real estate commissions. Experts predicted a significant drop in fees, potentially […]
The Shifting Sands of Commercial Real Estate: Navigating the New Normal
The commercial real estate (CRE) market is undergoing a significant transformation, driven by evolving demographics, technological advancements, and shifting consumer behaviors. While some sectors remain robust, others, particularly office and retail spaces, are facing headwinds. Let’s explore the key trends shaping this dynamic landscape and discuss what they mean for investors and businesses. 1. The […]
Demographic Trends Fueling Housing Market Growth: Why the Next 5 Years Look Bright for Residential Real Estate
The housing market is demonstrating remarkable resilience, largely thanks to several powerful demographic currents. Let’s delve into these factors and explore their implications for the future of homeownership. 1. Millennials and Gen Z: The Rise of Young Buyers Millennials (born 1981-1996) and Gen Z (born 1997-2012), the largest generations in history, are entering their prime […]
Super Bowl LIX: Kansas City Chiefs vs. Philadelphia Eagles
Super Bowl LIX: Kansas City Chiefs vs. Philadelphia Eagles Tale of Two Markets (Real Estate Edition) Category Kansas City Chiefs Philadelphia Eagles Market Value Index 39 (Advantage Seller) 33 (Balanced Market) Home Prices Median List Price: $235,000 Median List Price: $259,900 Speed of Sales Median Days on Market: 84 Median Days on Market: 98 Inventory […]
Inman Connect NY 2025: A Glimmer of Hope and a Call to Action
Just back from Inman Connect New York 2025, and wow, what a whirlwind! This year’s event felt different. The shadow of the 2024 antitrust lawsuits seems to be lifting, replaced by a sense of cautious optimism. While challenges undoubtedly remain, the conversations buzzed with potential opportunities for real estate professionals. Hot Topics Dominated the Conversation: […]
Navigating Today’s Real Estate Market: A Guide for Real Estate Professionals
Market data as of January 2025. For the latest numbers in your area, see my live Altos Research market report. Today’s market is tough on everyone: buyers, sellers and agents. Affordability is stretched and uncertainty is high. But people still need a place to call home, and that never changes. What Clients Are Worried About […]
The Next 2 Years?
Market data as of November 2024. For the latest numbers in your area, see my live Altos Research market report. My acquaintance Lawrence Yun posted some stats about the next two years a while ago. I’ve updated those stats below. An interesting way to think about the next 24 months: Think about it: New Beginnings: […]
The Great Stay, Why Homeowners Are Staying Put
Market data as of October 2024. For the latest numbers in your area, see my live Altos Research market report. The Great Stay, Why Homeowners Are Staying Put For our recruiting and attracting clients, the future is bright for agent growth. As my business partner Ben Hess, a sailor, says: “fair winds and following seas:” […]
Inman Connect Las Vegas
In today’s fast-paced world, there are countless conference opportunities for agents, team leaders, and broker-owners. Among them, Inman Connect events in New York and Las Vegas. This year’s Las Vegas event was no exception, offering a wealth of learning and networking opportunities. The main topic? Co-op commission sharing is dead, and how to move forward […]