The Endowment Effect in Real Estate
The endowment effect is a human tendency to value something more when we own it. Last year, economist Richard Thaler even won the Nobel Prize…
Category: Fundamentals
Caveat Venditor with the buyer’s Due Diligence
I have never worked as an agent in any other state aside from California, so I confess I am not an expert in the practice…
From Santa Cruz to Mount Diablo and Back
I've hiked pretty much all over Santa Cruz county (it took me years to see it all, or most of it, anyway), so this time,…
The 7-10 Year Real Estate Cycle
This morning I watched a new YouTube video that had recently been posted which touched on the 7-10 Year Real Estate Cycle. The video's author…
The Anchoring Effect and Asking Price in Real Estate
There are a number of theories and philosophies when it comes to pricing real estate for sale. Most real estate agents will tell you that…