Search results for: real,estate

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

Read more | 0 comments | Link directly to this article.

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

Read more | 0 comments | Link directly to this article.

How Technology is Helping Buyers Navigate the Home Search Process

Larry O. Doss Friday, April 17, 2020

Some Highlights:
A recent realtor.com survey revealed that buyers are still considering moving forward with the homebuying process, even if they can’t see the home in-person.
While they still prefer to physically see a home, virtual home tours and accurate listing information top the list of tech specs buyers find most helpful in today’s process.
Let’s connect today to determine how technology can help power your home search.... Read more

Read more | 0 comments | Link directly to this article.

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

Read more | 0 comments | Link directly to this article.

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

Read more | 0 comments | Link directly to this article.

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




Read more | 0 comments | Link directly to this article.

2010 a refreshing change

Larry O. Doss Tuesday, June 22, 2010

So this is my blog. A humble start to what I hope will be a place for some good, informative real estate discussions. Please feel free to leave a comment, be it questions, corrections, suggestions or crystal ball readings!

Thanks so much for checking it out.


2010 is turning out to be so much better than 2009, not that things are back to where we were in 2006 but at least people are buying again.
The tax credit really helped get the year off to a good start and since the tax credit expired, we have seen a bit of a slow down.
But interest rates are still low and ... Read more




Read more | 0 comments | Link directly to this article.

What Determines the Value of a Home

Larry O. Doss Monday, June 21, 2010

As a Real Estate professional I get asked this question daily. I have my ideas and opinions and quite frankly they change as the "market" changes. But the one constant for me has been this: Any given property is worth what someone is willing to pay.

If you are trying to sell a property in today’s market put yourself in the shoes of a buyer. Ask yourself this question:


Would I pay what I’m asking?



Today’s buyer studies the market to determine for themselves what a certain property in a certain neighborhood is worth.



... Read more




Read more | 0 comments | Link directly to this article.

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

Read more | 0 comments | Link directly to this article.

Latest Posts:


Categories:





Based on information from the Humboldt Association of REALTORS®, as of 08/14/2020. 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.