Digs & Dwellings

AMERICA'S BEST TOWN TO VISIT IN 2024 - CNN TRAVEL
For late summer/fall travel, here's 10 Hot Spots to check out:
1. Richmond, VA
2. Providence, RI
3. Tacoma, WA
4. Portland, ME
5. San Luis Obispo, CA
6. Flagstaff, AZ
7. Macon, GA
8. Grand Rapids, MI
9. Knoxville, TN
10. Duluth, MN
Sharing summer/fall destinations for your travel plans to help you
make informed decisions. May we help you? Call for a free chat.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilso 323.389.1474 & DJ Grabe 323.389.1781
Mail: [email protected] & Site: digs--dwellings.com
For pics, descriptions, short videos & selection criteria, click below:

https://www.cnn.com/interactive/2024/travel/americas-best-towns-to-visit/

America's Best Towns to Visit CNN is highlighting the best towns in America that aren't already at the top of everyone's travel list. These small destinations have loads of personality and plenty to see and do for a few days or more.

WHAT IS AN 'ADU' EXACTLY?
Source: REALTOR Magazine, Summer 2024 Issue
* ADU - Independent residential dwellings on the same lot as
detached single family residences/SFRs
* aka - accessory apts, secondary suites, backyard cottages,
in-law units or granny flats/mother-in-law units
* Can increase increase housing affordability & inventories
* Accommodate multigenerational living & add revenue income
* SoCal welcomes them to offset the housing shortage
* Other communities fight against their higher density
* 3 primary forms: 1. Internal, 2. Attached, 3. Detached
* 1. Internal - converted portion inside the primary house
* 2. Attached - addition to primary home sharing common wall
* 3. Detached - stand alone independent structure on same lot
* Issues considered: Parking, Renting, Extended Family space
* Check your local Dept of Building & Safety and/or Housing
Sharing housing trends locally & nationwide to help you make
informed decisions. How may we help you? Call us for a free
informed chat about this & all things real estate.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474. & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

WHAT HOME BUYERS SAY THEY LIKED MOST ABOUT
WORKING WITH AN AGENT -
Source: REALTOR Magazine, Summer 2024 Issue - page 6
NAR Home Buyers & Sellers Generational Trends Report
* Helped them understand the process - 61%
* Pointed out unnoticed features/faults with the property - 58%
* Negotiated better sales contract terms - 46%
* Provided a better list of service providers (inspectors) - 46%
* Improved their knowledge of search areas - 45%
* Negotiated a better price - 33%
* Shortened their home search - 23%
* Expanded their search area - 21%
Sharing Buyer/Seller trends & showcasing Realtor value to
help you make informed decisions. May we help you? Call us
for a free informed chat about your options in real estate.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

THE WORST MAY BE OVER FOR HOMEBUYERS
by Samantha Delouya, CNN, Updated Tue, July 23, 2024
* Past 2 yrs buyers faced double whammy of obstacles
* 1) high prices & 2) high mortgage rates, but things change
* Housing market is slowing down in favor of buyers
* COVID saw buyers seeking homes with extra space
* Historically low borrowing costs fueled the frenzy
* The Fed's aggressive rate hikes had adverse reaction
* Seller's stopped listing while Buyer demand remained
* This combination sent home prices surging higher than ever
* Zillow found nearly 1 in 4 sellers offering cuts in June '24
* Average rates for 30 yr fixed mortgages continue to fall
* A jump in new construction plus Sept's Fed meeting could
see cutting interest rates & make homebuying more affordable
* Listings are sitting longer, sellers seeing fewer offers, buyers
insisting on home inspections/appraisals & inventory rising
* Inventory continues to pile up, insurance costs balloon &
the tide may turn in the short term for buyers ahead.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

BORROWING: WAS THAT DISCOUNT WORTH IT?
Source: REALTOR Magazine, Summer 2024 Issue
* Borrowers paying discount point to lower monthly payment
* This practice has doubled over the past two years
* Ex: Borrower with $400K loan, 1 discount pt (1% = $4000)
* This in-turn reduces their interest rate by 0.25%
* Borrowers only benefit if they keep mortgage long enough
* Cumulative monthly savings must outweigh upfront costs
* Each situation is unique & borrowers must factor in details
BOTTOM LINE - Do your homework to determine value against term of property ownership. May need years to recoup.
Sharing trends to navigate the higher interest market of today
to help you make informed decisions. May we help you? Call
us for a free informed chat about your real estate options.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.389.1781
Mail: [email protected] & Site: digs-n-dwellings.com

REAL ESTATE BULLETIN - RECENT BANK & CU SCAMS
* Dept of Real Estate/DRE is cautioning about recent scams
* Reports on bank website & credit union smishing scams
* Bank scams include opening fake accounts from websites
* To check a financial institution's website or submit a complaint
* https://lnkd.in/gxKFVHW4 OR call 1.866.275.2677
* Credit Union scams include fake SMS text messages to cells
* Protect yourself from becoming a victim with these steps:
- Don't click on links or call of unknown senders
- Don't follow urgent instructions to visit a website
- Don't give personal info (passwords/account numbers)
- Contact your financial institution if you mistakenly
reply to a smishing message
* If scammed & a DRE licensed or unlicensed person practicing
real estate is involved, file a complaint with DRE
* Find DRE Consumer Alerts & Advisories on DRE's website:
dre.ca.gov/Newsroom
Sharing scam alerts to help you make informed decisions. How
may we help you? Call or contact us for a free informed chat.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

Newsroom - DRE This is the Newsroom home page of the California Department of Real Estate (DRE)

WELCOME SUMMER & A GREAT NEW LISTING2830 E Vincentia Rd, Palm Springs, SFR, 1572SqFt3BD+3BA, MLS #24-407471, $795K - ACTIVEMID CENTURY GEM WITH MOUNTAIN VIEWS. No HOA & Priced to Sell! 1959 architectural chic updated with today's bells & whistles! 3BDs+3BAs in a smart separation from community spaces, the 1572SqFt of living space is laid outto support both privacy and entertaining - inside & out. Thehuge swimming pool showcases the expansive privatebackyard with mature hedges, fruit trees, spacious patio & a newly converted salt water filter & heater for year roundenjoyment. A large 2-car garage features washer & dryer,bonus storage area & direct access. Upgrades include newbedroom carpeting, tankless water heater, leased solar,dual zone central AC/Heat, double panes, remodeled kitchen,SS appliances, dual-fuel self-venting stove to preserve openviews through kitchen/living area. Best value in town! Must see!

Listed by Michael Peters - Contact Michael at 323-899-9362 for information and showings.

Sharing new summer brokerage listings throughout metro Los Angeles to showcase opportunities & help you makeinformed decisions. How may we help you? Call us for a free informed chat about your options in this real estate market. DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781Mail: [email protected] & Site: digs-n-dwellings.com

WELCOME SUMMER & A GREAT NEW LISTING
* 11244 N Alta Lane, Mission HIlls, PUD, 1782SqFt
3BD+3BA, MLKS #24-407273, $799K - ACTIVE
2020 new construction, this luxurious tri-level home boasts
nearly 1800SqFt of living space. Private patio, 2-car attached
garage, this 3BD+3BA features a spacious kitchen with SS
appliances, island & ample cabinetry & storage. Whole house
attic fan, fully owned solar panels, and remaining time on the
builder's warranty for plumbing & electric enhance the value.
Outdoor pest control port limits sprays & maintenance to the
outside, smart doorbell, keyless entry, tankless water heater,
& more garage storage make this opportunity not to miss!

Listed by Laura Twors - contact Laura at 310-919-8375 for information and showings.

Sharing new summer brokerage listings throughout metro
Los Angeles to showcase opportunities & help you make
informed decisions. How may we help you? Call us for a free
informed chat about your options in this real estate market.
DIGS & DWELLINGS - A Full Service Real Estate Market
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

IS A REVERSE MORTGAGE SMART?
Source: REALTOR Magazine, Springs 2024 Issue
* First written in 1961, better known in 1988 as President Reagan
* con't signed Housing & Community Development Act into law
* HUD & FHA have since bolstered with regs, insurance & criteria
* Older homeowners may use to stay in current home or buy new
* Be 62yrs or older, have income to pay RE taxes & insurance+ ...
* Reverse Mortgages not yet available for cooperative apartments
* Best benefit accessing capital without affecting budget/savings
* Borrowers = no required principal/interest payments (live in home)
* Reverses also benefit those outliving their retirement savings
* Amount ranges from 35%-60% of value, age of youngest borrower
* Funds can be left in line of credit & used for variety of needs
* After borrower sells home, leftover $ paid back, 1st to mortgage co.
* Closing fee is 2% of appraised value, plus lending & legal fees
* Not recommended for borrowers living in home less than 10 yrs
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

VA HOME LOAN POLICY CHANGE HELPS VET HOMEBUYERS
Source: mymilitarybenefits.com
Updated June 12, 2024 - by Joe Wallace, 13 year USAF Veteran
* The NAR Settlement reaches all segments of the market.
* Old VA rules said Vets couldn't pay agent buyer broker fees.
* A VA circular (valid til rescinded) allows vets to pay their agents.
* In the past, Sellers paid for Vet's Buyer Agent fees in escrow.
* The VA "determines this variance is appropriate to ensure Vets remain competitive buyers in the changing real estate market."
* Change aligns NAR's Settlement on Buyer Broker Fees.
Sharing breaking market news on the NAR Settlement to help you make informed decisions. How may we help you? Call us for a free informed chat about you & the real estate market.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

THE NEXT CHAPTER - ... BOOMERS VS MILLENNIALS
REALTOR Magazine, Spring '24 Issue, by Barbara Ballinger
* Boomers revise the script where they'll be in their final home
* 68.6M in US, born 1946-1964, are staying put vs moving on
* 92% want to age in place, even if not fully thought out
* 2023 saw lowest home sales in 30 years - ticking up in Feb
* Lower interest rates seem only way to bring in more listings
* Boomers may move but downsizing isn't a popular priority
* Multigenerational living has grown more popular recently
* More boomers are using their growing equity for retirement
* Use lawyers, CPAs & financial planners to strategize plans
* Compare SFR, condos, townhomes & other options w/HOAs
* Consider Capital Gains Tax ramifications for boomers equity
* Develop a Plan B, renting versus ownership & health issues
* Harvard study: only 13% of 75yrs+ could afford assisted living
* 3% US housing: single floor living, no-step entry, wide doors/halls
* Consider which to do first: Buy or Sell and follow with Purchase
Sharing Boomer market trends to help this huge sector navigate
life's changes & make informed decisions. How may we help you?
Call us for a free informed chat about your real estate options.
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

WHAT WILL THE FUTURE BRING? by Lawrence Yun
Source: REALTOR Magazine, Spring 2024 Issue
"Pent-up demand settlement agreement will be factors."
* Homes sales in 2023 were worst in 30 years
* Owners locked in low interest rates, low inventory & rising rates
* translated to the fall in sales
* 2023 saw 4M existing home sales - same as in 1995
* However, in 1995, the US had 70M less people living in it
* Huge stored-up housing demand = > home sales next 8-10 yrs
* Feb existing-home sales up 9.5% from Jan
* this after seasonal factors & a leap year
* Increase helped by 10% inventory boost
* One exception was Northeast where sales fell by 10%
* Northeast also had largest home price gain - < supply & multiples
* Watch the rules of the new settlement agreement, still pending
* All-Cash Sales up in February - 33% of market, up from 32%/Jan
* 2nd month of higher all-cash sale & highest share since Mar/2014
Sharing market trends & expectations ahead so you can make
informed decisions. How may we help you? Call for a free chat.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site:digs-n-dwellings.com

MAKING MOVES IN A COMPLEX AGE by Lauren E. Pinch
Source: NAR's CREATE Magazine, Spring 2024 Issue
Annual member vote (Counselors of Real Estate) on 10 big-
picture themes to have the greatest influence on RE in 2024:
1. Geopolitics & Global Economy - Gas prices & commodities,
inflation, high rates, banking debt, tightening liquidity, AI ...
2. Empty Offices - Pandemic peak 62% of office staff worked
at home, now 58%, 29% working hybrid schedules, 13% at home.
3. Housing Shortage - Market improving despite high rates &
inflation, higher construction costs, insurance & property taxes.
4. AI 3.0 - Combines data analysis/new forecasting, probabilistic
modeling & causation modeling to think ahead about the future.
5. Labor Dynamics - Difficult finding skilled willing & able workers,
includes changes in tech, migration trends & worker behavior.
6. Migration Impact - Fueled by housing affordability, mass exodus
from urban, high-cost/regulated states to Sun Belt & US interior.
7. Domestic Economy - RE must look inward vs Fed's mandate:
price stability & full employment. Problems are also within RE.
8. Supply Chain/Logistics - Fine tuning a more resilient, efficient
supply chain with manufacturing boom on interior & So states.
9. Market Pricing Reset - Sellers acknowledge prices dropped,
but holdout vs listing properties. Debt due by 2025 = big impact.
10.Infrastructure Investment - $783B assigned to improvements.
Will it be traditional projects or reimagining product/svc delivery?
Sharing real estate's Big Picture for 2024 to help you make
informed decisions. How may we help you? Call for a free chat.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

1st-TIMERS, MILITARY/VA, BOARDROOMS-BEDROOMS, AI
Source: REALTOR Magazine, Spring Issue 2024
* Top Markets 1st-Timers '24, city/median list $ - realtor.com
* Irondequoit/NY $187K, Benton/AR $197K, Winterset/IA $269K
* Newington/CT $290K, Council Bluffs/IA $200K,
* Cheektowaga/NY $199K, Grand Rapids/MI $260K
* 1/4 of veterans are unaware of VA loans & their qualifications
* VA loans offers 0% down loan with a government guarantee
* DJ is a 5yr Vet/Capt USAF, experienced in VA loan programs
* Unprecedented conversion of former office bldgs into apartments
* Marks fourfold increase since 2021 reaching record high 55K+
* Cities transforming office building conversions to apartments
* Trend most active in Washington DC, New York and Dallas
* AI being compared to Industrial Revolution - unfolding quicktime
Sharing market trends to keep you prepped for informed decisions
ahead. Don't rely on inexperienced agents to do your bidding.
We have 19+ years experience as REALTORS in the nation's
largest, most competitive & challenging real estate market.
We pride ourselves, our knowledge & expertise, understanding
the details of our local, statewide & national market. How may
we help you? Call us for a free informed chat about your options.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.389.1781
Mail: [email protected] & Site: digs-n-dwellings.com

HOME PRICES STILL TICKING UPWARD by Ruben Caginalp
Source: Case-Shiller Index US National Home Price NSA Index
* With tight inventory & high % rates, housing prices are rising
* April 30th's report shows home-price growth up 6.4%/Feb '24
* That's up from a 6% gain in Jan, fastest yr over yr since 2022
* All cities reported increases in annual prices - Top 8 below:
1. San Diego 11.4% - 2. Chicago 8.9% - 3. Detroit 8.9%
4. Los Angeles 8.7% - 5. New York 8.7% - 6. Charlotte 8.2%
7. Boston 8% - 8. Miami 8%
NOTE: San Diego was hit hard during the recession
Cities with the slowest growth: Portland 2.2% & Denver 2.7%
Sharing market trends around the country to help you make
smart informed investment decisions. May we help you?
Call us for a free informed chat about your real estate options.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

BUYERS HAVE AN ADVANTAGE IN THESE 10 CITIES.
HERE SELLERS SLASH LISTING PRICES THE MOST!
Source: businessinsider.com by Alcynna Lloyd, April 30, 2024
* Sellers slash prices in cities with surplus housing inventory
* Florida & Texas cities saw some of the highest price drops
* Sellers lower prices, Builders offer concessions = Buyer power
* Concessions: $ for home repairs, mortgage rate buydowns
* 6 mths ago Comps don't apply = Below market values possible
* Redfin measured Metros 750K+, Top 10 Mar '24, Median prices
* #10 (tie) Jacksonville, FL $315K - #10 San Antonio, TX $269K
* #10 Houston, TX $339K, #7 Portland, OR $498,750
* #6 Orlando FL $395,000 - #5 Denver, CO $600K
* #4 Cape Coral, FL $390K - #3 Indianapolis, IN $240K
* #2 Tampa, FL $422,500 - #1 NorthPort-Sarasota, FL $353,950
* For those willing to move for more affordable housing and/or
investors looking to cash in on markets that are lowering prices.
Sharing market trends that support a move or possible out of
state investment purchase. May we help you? Call us for a free
informed chat about your options ahead in real estate.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

NIMBYism RETHOUGHT? - Affordable Housing
REALTOR Magazine, Winter 2024 Issue
NIMBY defined: Not In My Backyard
* A study of Los Angeles - GA Tech's School of Public Policy
* In Low Income Housing Tax Credits developments in LA
* Contradicts negative assumptions on affordable housing
* Assumption are this housing lowers nearby property values
* Studies property values before & after new affordable housing
* Compares value changes to similar neighborhoods without it
* Showed affordable housing may increase prices by 3% to 5%
* Study challenges stigma associated with affordable housing
* Stigma opposes affordable housing in many communities
Sharing some refreshing news that dispels unhealthy myths
about adding affordable housing to neighborhoods. May we
help you? Call us for a free informed chat about your options.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

5 WAYS TO HELP YOUR CLIENTS CLEAR INSURANCE HURDLES
To offset this national challenge, try these business practices:
1. Treat Insurance As You Do The Mortgage Pre Approval
* Talk to clients & set expectations early - Refer them to experts.
* Be honest about the challenges & complications ahead.
2. Encourage Seller Clients To Get a Presale Inspection
* Beyond property disclosures, know the home's challenges.
* Make the repairs you can & be upfront about the other issues.
3. Encourage Buyers to Perform Due Diligence
* Ask Sellers about previous insurance property claims.
* Request a Comprehensive Loss Underwriting Exchange/CLUE
4. Suggest Buyers In Disaster Areas Get Insurance Binder
* Do this during contingency period to verify insurance/cost, etc.
* And then verify if they can still get a loan in lieu of a disaster.
5. Help Buyers Find Options
* Secure your relationship with insurance brokers for answers.
* Serve up honest, timely information to clients ahead of time.
Sharing strategies to overcome insurance challenges around
the nation - especially in disaster prone areas. May we help you?
Call us for a free informed chat about your real estate options.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grbe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

WHAT BUYERS TRULY NEED - REALTOR Mag, Winter '24
A focus on inventory - not jeopardizing client experience.'
* 2023 one of the best for new-home sales (33% more inventory)
* Conversely, 2023 saw worst existing home-sales since 2008
* Existing home-sales saw inventory at 1/2 pre-pandemic levels
* 1/3 of existing home-sales saw multiple offers
* 75% of buyers who closed transactions would use agent again
* Addt'l 15% of buyers said they'd probably use same agent too
* Since 2000, there's been 127M existing home-sales
* Extrapolate that to 114M content buyers
* Over 100,000 new agent-entrepreneurs joined NAR in '23
* Consumers have over 200K brokerages to choose from
* They include full service, fee-for-service, do-it-yourself & more
* Some lawyers want to litigate cooperative compensation
* They could choose to see the industry's competitiveness
* A quick settlement included NO GUILTY admission from NAR
* Who loses from the lawsuits - 1st generation/1st time buyers
Sharing ongoing industry thoughts about the midwest court decision changing the rules of realtor compensation. Our job remains the same however - very detailed & thorough.
May we help you? Call us for a free informed chat on options. DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

Correcting the Record: NAR DOES NOT SET COMMISSIONS
Source: National Association of Realtors/NAR - Mar 19, 2024
* Following recent media inaccuracies, NAR issue a statement:
* NAR does not set commissions - they are negotiable
* Commission remain negotiable - as they have been
* Boards & associations of REALTORS & their MLSs shall not:
1. Fix, control, recommend or suggest the commissions or fees
charged for real estate brokerage services
2. Fix, control, recommend or suggest the cooperating
compensation offered by listing brokers to potential
cooperating brokers
We will stay on top of this settlement and report the relevant
updates real time to help you make informed decisions. How
may we help you? Call us for a free chat for help & clarity.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com
https://www.nar.realtor/newsroom/correcting-the-record-nar-does-not-set-commissions

Correcting the Record: NAR Does Not Set Commissions The rule that has been the subject of litigation requires only that listing brokers communicate an offer of compensation. Other rules throughout the MLS Handbook and NAR policy expressly prohibit setting or suggesting any such amount.

WHEN DOES SCHOOL ADVICE GO TOO FAR?
Source: CA Real Estate Magazine, Q1/Winter 2024 Issue
by Elizabeth Ackerman
* This is of the the 1st questions Buyers often ask during searches
* This question presents pitfalls in the way it is answered
* The REALTOR Code of Ethics & Fair Housing Act guides answers
* Bias assumes safety, quality, IQ of a group or relevant population
* Can result in bias on race, religion, ethnicity, language, family ... +
* Clients rely on REALTORS to be their trusted advisors ... so ...
* REALTORS must stick to objective factors & not overextend ...
* Best thing is to point clients toward helpful experts/resources
* Advise clients to visit schools, assess their programs & more
* Advise clients to consider 3rd party resources, talk to parents
* Advise clients to visit schools robust websites & data bases
* Clients need to respect the scrutiny REALTORS are under
* Define what parents are looking for & zero in on that criteria
Sharing difficult school related information to help you respect
the challenging situation REALTORS are put under to not only
provide answers to school related questions but avoid bias in
their answers. We hope this helps you make informed decisions.
May we help you. Call us for an informed free chat about options.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

FORGET CA EXODUS. NJ RESIDENTS LEAD INFLUX BACK TO CA
Source: LA Times, Feb 29, 2024 by Terry Castleman
* After 1/2 a decade of CA's moving to TX & FL, NJ moves to CA
* NJ, similarly expensive & densely populated, saw reverse in '22
* It became one of only 8 states part of reverse exodus scene
* Recent yrs of CA's exodus to other states from high housing costs
* In 2022 818K CAs left while 476K moved in = loss of 342K
* Most arrivals from CA = TX, AZ, NV, FL & Idaho
* This = 20K-60K more arriving in these 5 states than leave for CA
* Size of net exodus much larger than # of transplants moving to CA
* Illinois was second behind New Jersey with Nebraska third
* 41 of 49 states saw more CAs arrive than depart for CA
* Experts point to CAs housing & affordability crisis as reason
* NJ experiences more 4 seasons than most of CA
* But CA has more atmosphere, ambiance & job opportunity
Sharing CAs in & out resident migration to keep you posted &
help you make informed decisions. May we help you? Call us
for a free informed chat about your options in real estate.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

SELLERS WHO REGRET NOT USING A REAL ESTATE AGENTREALTOR Mag, Winter 2024 Issue by Melissa Dittmann Tracey
* Mistakes from FSBOs & sellers using an IBuyer vs a REALTOR
* Clever Real Estate survey says 1/2 weren't satisfied overall
* ForSaleByOwners found the process more difficult than expected.
* Buyers distrusted FSBOs 43%, FSBOs struggled with contract 40%
* They also made legal mistakes without a REALTOR 36%
* Lower Sale Price - 3 times more likely to say they lost $
* Longer Selling Process: 2 times says 3 mths to accept offer
* Realtor assisted sales accept offer within 1 mth of listing
* More Stress: Felt overwhelmed by process & cried
* 77% of respondents using a REALTOR were satisfied
* 72% said they'd use a REALTOR again
* 89% of Buyer & Sellers used an agent - up from previous yr
* Only 7% of homeowners sold a FSBO over the year - down
* FSBOs sold median price $310K vs Agents sold at $405K
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839l.1781
Mail: [email protected] & Site: digs-n-dwellings.com

INTERIOR DESIGN TRENDS THAT WILL DEFINE 2024
Source: Architectural Digest by Sarah Archer, Dec 6, 2023
These 5 design trends are expected to dominate 2024:
1. Stone Fruit Chic: Peach & Apricot - Colors of 2024
* AD PRO - Chromatic bedfellows from opposite sides of chart
* Ex: Peach & Turquoise tones as primary & accent hues
2. That's So Metal: Chrome, steel & aluminum return to scene
* Metallic finishes amplify whatever vibe the room is giving
3. Dark & Deep Jewel Tones: Precious gem hues stepping up
* Discover color in homes vs all-neutral palette of recent years
4. The New Romantics: Unspool ribbons, lace, florals, pinks/reds
* Botanical inspiration creeps into textiles, big blooms & floral+
5. Now&Then: Mixing&Matching Historical Eras: Material culture
* Made by craftspeople of color, marginalized, women & girls
* Avante garde mixing pieces of Americana into modern interiors
* Blend Americana with minimalist, formalist expression of design
Sharing design trends for 2024. How may we help you? Call us!
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com

RARE FIND NoCAL HOME IN PINE TREE RURAL SETTING
* 11084 UPPER PREVITALI RD, JACKSON, CALIFORNIA
* Just past Jackson Rancheria Casino - off Hwy 88
* Pines & Oaks dominate this rolling hill 2 acre setting
* Pristine Manufactured Home on Permanent Foundation
* 3BDs+1Den+2BAs - 1680SqFt of Living Space
* Private paved road through Secure Electric Gate
* Abundant Parking/Storage Space - Oversize 2-Car Garage
* $100K in Upgrades last 5 years, List attached on MLS
* 3 Sheds, 4000 gal H2O tank w/fire department hookups
* H2O Softener/Home Osmosis System, Generac Generator
* Oversized 2-Car Garage, Carport, Front/Rear Decks
* Propane - Septic & Well Onsite - > $500 Firewood
* MLS #223115889 - APN # 036-020-107-000 - Built in 2003
* Adjacent Property (1.05 acres) also available For Sale
Contact our NoCAL affiliate Agent: Floriana Faciana for more.
Floriana Faciana - 916.534.3184 - [email protected]
May we help you? Call us for a free informed chat on options.
DIGS & DWELLINGS - A Full Service Real Estate Brokerage
Doug Wilson 323.839.1474 & DJ Grabe 323.839.1781
Mail: [email protected] & Site: digs-n-dwellings.com