MGS Group

May 28, 2022

Market Update: Week of 5/23/22

Here are some talking points at this weekend's BBQ for you!

National statistics show the start of a slow down. The CEO of Redfin said this week on CNBC, "Rates are probably six percent, inventories are increasing, sales volume will be somewhat fine, but prices are going to soften ...

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May 21, 2022

Market Update: Week of 5/16/22

While out shopping last week I spotted a man in a T-shirt that said “Resilience 2020.” I was so struck by the shirt. The definition of resilience is to be “able to withstand or recover quickly from difficult conditions”, and we have needed this trait so much in the ...

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May 7, 2022

Market Update: Week of 5/2/22

The topic of conversation when people see me these days continues to be: what is going to become of this market? You probably know that (along with most other experts) I believe we are NOT caught in a bubble that is going to suddenly break. It's an appreciation of prices with ...

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April 23, 2022

Market Update: Week of 4/16/22

We're jumping right into this week's blog with a more serious mood than last week, as the real estate market has suddenly taken on a different vibe. Industry experts, including myself, are grappling with what's to come. In fact, economists at Fannie Mae are reporting the following ...

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April 16, 2022

Market Update: Week of 4/11/22

The other night, I was watching one of the many real estate shows on Netflix. I know you've all watched these series showing glamorous agents selling houses in mere hours or days, and then moving on to the next one. It all looks so easy, and those glamorous brokers ...

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April 2, 2022

Market Update: Week of 3/28/22

Showing houses is an exhilarating and well-needed workout! Lots of trips up and down stairways, turning lights on and off, and conducting guided tours. I am constantly talking, selling, counseling and smiling - and we are having fun, that's the good part. On Friday, our online schedule had 24 showings ...
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March 26, 2022

Market Update: Week of 3/21/22

Last week I saw a headline that read, "People are Making More Money on their Homes than their Yearly Salary." That is incredible to think of, really. Up until this time I have always told sellers and buyers, "we can't think of your primary residence as an investment opportunity ...
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March 13, 2022

Market Update: Week of 3/7/22

Wednesday is such a fun day here in Metro West. It's when the Realtors hit send on their computers and release their new listings on MLS. The post is then blasted into the universe for us all to see! Phones and computers all over the world receive alerts that a new property ...
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March 5, 2022

Real Estate Market Update: Week of 2/28

This week was the first time in two years that it began to feel like a "healthy" environment again out in the field. The rush of open houses and showings was attended by buyers, who were for the most part mask-free. I saw smiles and I heard laughter. People took the ...
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Feb. 25, 2022

Market Update: Week of 2/21/22

As I write this week’s blog I am in Los Angeles making the best of being stranded on the west coast as a result of the storm back east. I have heard from many of you who were also vacationing in the south or out west and also couldn’t make ...
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