Search results for: ,how,is,the,market

National RE Market Projected to Keep Rising

Larry O. Doss Thursday, October 22, 2020

Home Values Projected to Keep Rising

As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to come.

Due to the undersupply of homes on the market today, there’s upward pressure on prices. Consider simple economics: when there is high demand for an item and a low supply of it, consumers are willing to pay more for that item. That’s what’s hap... Read more

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New Index Reveals Impact of COVID-19 on Real Estate | MyKCM

Larry O. Doss Tuesday, June 30, 2020

New Index Reveals Impact of COVID-19 on Real Estate | MyKCM

Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following:

Housing Demand – Growth in online search activity
Home Price – Growth in asking prices
Housing Supply – Growth of new listings
Pace of Sales – Difference in time-on-market
The index then compares the cur... Read more

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Is a Recession Here? Yes Does that Mean a Housing Crash? No

Larry O. Doss Wednesday, June 10, 2020

Is a Recession Here? Yes. Does that Mean a Housing Crash? No.

On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way:

“A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of economic activity and ends when the economy reaches its trough. Between trough and peak, the economy is in a... Read more

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Will Surging Unemployment Crush Home Sales?

Larry O. Doss Monday, April 6, 2020


Will Surging Unemployment Crush Home Sales? | MyKCM

Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained that the government is trying to find ways to assist those who have lost their jobs and the companies which were forced to close (think: your neighborhood restaurant). In a recent interview he... Read more

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How Trusted Professionals Make Homebuying Easier to Understand

Larry O. Doss Thursday, February 20, 2020

In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns and make the process to homeownership much easier to understand.

A recent survey conducted by Ipson and Freddie Mac reveals the confidence level of Gen Z and Millennial buyers regarding the homebuying process. The graph below... Read more

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Market Update August 2010

Larry O. Doss Thursday, August 12, 2010

With the summer moving on, we are moving into the busier season for Real Estate. Visitors that are considering buying are now winding down their vacations and focusing more on Real Estate. This is why we have seen more showings and offers in the past two weeks than in all of July. This has been a typical pattern for many years now.

Sellers are lowering prices in an effort attract those buyers and get an offer. With interest rates so lows and seller motivation high we are seeing a nice third quarter rally.

There is still a lot of inventory which will continue to keep prices do... Read more




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Coming Soon to the Sonoma Real Estate Market: A Big Wave of REO's

Larry O. Doss Saturday, February 27, 2010

Coming soon to the Sonoma Real Estate Market: A Big Wave of REOs. This was the news in our weekly Monday office meeting. We got word that the Bank of America is planning to introduce about 300 Sonoma County REOs within the next 90 days. We also heard that 30 of the REOs will be Sonoma Valley real estate listings and among them....will be a couple of $2 Million dollar properties.

We currently have 181 residential listings in our market and 14 of those are REOs. You don’t have to be a mathmatician to figure out that the anticipated new REOs would triple our inventory of ba... Read more

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Are You Ready To Get In The Investor's Market

Larry O. Doss Tuesday, February 16, 2010

The Yuba Sutter Area is perfect for a seasoned or first time investor. With many homes available, the variety is vast, from single family homes, to multi-family dwellings as duplexes and apartments, and investor has a large range to choose from. Close to major metropolitan areas as Sacramento, and Chico, and the "road less taken" up to the Sierras, residents enjoy a small town feel, with modern accomodations of larger chain stores.
How to get started:
1. Get educated in the area, the market, and availability
2. Understand terminology REO and Shortsale
3. Decide on your crite... Read more

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Whether To Invest On A Pre Foreclosed Or An REO Property?

Larry O. Doss Friday, January 15, 2010

If you are an investor looking to invest on a foreclosed property, then you may also want to consider whether to buy the Real Estate Owned property or the pre- foreclosed property that is still owned by the borrower. You may feel that investing on an REO property is a fairer deal as you will be assured with the title to the property and the insurance. Also you will have a security of the old owner not returning to claim back the property.

However, these features are not applicable when you buy a pre foreclosed home! But the real problem you will face when you want to invest on an REO... Read more

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Never Sell Your House To A Lender!!

Larry O. Doss Thursday, January 14, 2010

A depression in the economy can cause many home owners to throw up their arms and sell their homes in order to get rid of financial difficulties. But does that mean they can give away their property to a lender only because they cannot afford it anymore! Also those in financial crisis cannot treat their homes as easy to dispose consumer goods. I agree that a real estate investment can also be termed as an illiquid investment. But real estate history has known that selling a home takes much planning and patience for months before a suitable buyer turns up.

The early 1990s saw homes se... Read more

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Predict the Future While Buying a Home

Larry O. Doss Wednesday, January 13, 2010

Whether you are a seller or a buyer in the real estate transactions, you must always thing in the long term of the real estate market. There are several factors that can influence tomorrow’s market and you must be prepared for both ups and downs. To sell your home for a profitable price, you must ensure that your house in good condition. This is because, buyers usually look for homes in to which they can move in immediately without having to get many things repaired. However, if you are relocating, then you must decide whether you wish to sell your current home and buy a new home in the new lo... Read more

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Marketing Strategies for Real Estate Agents

Larry O. Doss Friday, January 8, 2010

Real estate is a very competitive industry where property marketing plays a very important role. Real estate professionals usually consider property marketing as just looking out for clients by placing ads on advertising sites, distributing brochures or newsletters. However, the act of property marketing in real estate has more than just advertising. As a real estate agent you must ensure that you make the most effective use of the resources by investing on the right marketing strategy. The strategy you utilize to market your real estate agency will have a great impact on your commercial image... Read more

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How SEO Experts Determine the Rank of Your Listings for Sale…

Larry O. Doss Wednesday, January 6, 2010

In the age of online real estate marketing, you too want to rank on top in the search engine rankings. To achieve the top rank for your listings for sale, you have to hire the services of an SEO Company or professional to optimize your real estate website. The questions that appear during the selection of a SEO Company make hiring SEO professionals a very challenging task. The most common and obvious question that the realtors are posed is with the list of keywords for which they have to get the desired search engine rankings. This is followed by whether the SEO Company is able to provide refe... Read more

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Based on information from the Humboldt Association of REALTORS®, as of 10/24/2020. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2020 Humboldt Association of Realtors®. All rights reserved.