Greg Wolf Homes of Valencia

06/16/2026

06/14/2026

Bye-bye bidding wars? Housing market takes a U-turn
Realtor.com’s latest analysis says the long‑standing U.S. sellers’ market has ended and buyers now have more negotiating power, especially when homes are priced correctly. Single‑family homes are selling close to list price, while condos lag behind due to higher ownership costs.

Key points:

The Realtor.com report released on June 11, 2026 declares that the "bidding war era is over" and the sellers’ market has ended.

Homes that close within four weeks sell for 1.8% above the asking price, whereas those still on the market after 18 weeks sell for 1.3% below ask.

Average single‑family homes are selling for 99.2% of their list price, while condominiums sell for 97.9% of list price.

Condo list prices are 6% lower than in March 2022, whereas single‑family home list prices are 7.5% higher than they were then.

Buyers in the $750,000 to $2 million price range have the greatest leverage, with final sale prices falling the farthest below asking compared to other segments.

06/13/2026

While this article was posted for Realtors, it applies to EVERYONE. https://theclose.com/real-estate-scams/

06/12/2026

Here's your chance to give a shout-out to the vendor/helper who saves the day for you on a continuing basis. Let me know in the comments...

06/08/2026

06/07/2026

Home prices have basically doubled since 2016. What is YOUR home worth? Did its value double as well? Ask me for a free update.

06/06/2026

6 Ways to Cool Down a Too-Hot Second Floor Fast

https://www.bhg.com/how-to-cool-second-floor-11960085
In advance of July…

These simple tricks can help improve air circulation and address a temperature imbalance between your home's first and second floors.

06/04/2026

What is YOUR home worth now?
You'd be surprised! Let's find out together.

06/03/2026

Is buying a home risky?
If the past 30 years repeat, a “typical” 3 bed / 2 bath in L.A. could easily be in the $3.5M–$4M range by 2050.

Here’s the logic:
Today’s ballpark: Median listing price in L.A. County is around $850,000 as of 2026.

A realistic long‑term L.A. appreciation rate (based on the last ~30 years) is 5.5%–6% per year.
If the same pace continues, home prices roughly triple to quadruple over the next 24 years.

An $850k “typical” 3 bed / 2 bath today would likely land around $3.1M to $3.45M by 2050.

Huge caveats: this assumes no major regime change—same kind of long‑run appreciation, no massive tax/land‑use shock, no Japan‑style stagnation, etc. But if you just extend the last 30 years forward, that’s the range you land in.

06/03/2026

https://www.usatoday.com/story/money/personalfinance/2026/06/03/older-americans-homes-estate-plan/90359591007/

Older Americans own a third of U.S. homes. Experts say they need to figure out soon how they plan to transfer their properties to their heirs.