Realtor®

These are interesting stats…

These are interesting stats…

Did you know?* After peaking at $47.7 trillion in June 2022, the total value of US homes declined by $2.3 trillion, or 4.9%, in the second half of 2022. (Bloomberg)* Of homes purchased in January, 29% were all-cash transactions, up from 28% in December and 27% one year ago. (BARRONS)* The Federal Housing Administration will reduce the fee borrowers pay to have their mortgages insured by the agency by about $800 a year on a typical loan, or 0.3 percentage point. (Bloomberg)* In less than one month the price of lumber dropped over 27%….down over 75% off its 2021 high…….lumber is a good indicator of builder demand….. Compiled by Leonard Steinberg, Compass Manhattan Photo by Collov Home Design on...

Outdoor Kitchen, chapter 3

Last week was huge! Our contractor and his crew were here all week and we now have stucco, a working Argentinian grill, and the construction debris GONE! Our buddies were in town so it was perfect timing to host a dinner. Philip Krumal, winemaker extraordinaire, cooked veggies and Shriner’s sausages for all of us. BTW, Philip’s award-winning wines can be found at Asuncion Ridge winery in Paso Robles. Stay tuned .. coming up .. saltillo tile floor, concrete counters and mounted TV so we can watch the...