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The California Housing Market: Trends and Forecast 2021

Mar 30, 2021 (0) comment , , , , , , , , ,

The California Housing Market Trends and Forecast 2021

There is little doubt that the California housing market forecast is projected to be positive.  CAR conducted a survey and found the following opinions generally held by most of the experts: Buyers, sellers, and agents agreed that home prices will likely remain on their upward trend in the short term. 60% of agents believe that…

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Reasons We Are Not in a Housing Bubble

Mar 23, 2021 (0) comment , , , , , , , , ,

Reasons We Are Not in a Housing Bubble

With home values appreciating by 10% in 2020, there has been some speculation that we might be in a housing bubble such as we were a decade ago.  California residents, fear not!  Here are some incredibly significant facts that this time is not like the past: Housing supply is extremely limited:  If supply is low,…

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California Counties Home Prices Continue To Climb

Mar 16, 2021 (0) comment , , , , , , , , ,

Bay Area Second Quarter Home Prices

The growth in prices for homes in these major metros has been astonishing compared to last December.  Homeowners who held onto their homes have been rewarded with hefty increases in sold prices.  Still, the supply of pending sales is down.  Let’s look at some of the major metro areas’ statistics: Metro LA:  In December, average…

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San Francisco & North Bay Real Estate Market – review of Jan.2021

Mar 09, 2021 (0) comment , , , , , , , , , ,

Real Estate Market Results for San Francisco Peninsula Areas

Sonoma, Marin, and Napa Counties have seen unprecedented sales numbers since the Spring of 2020. Pandemic conditions which resulted in remote working and distance learning has created a surge of demand for larger homes and bigger lots. Many San Francisco and Silicon Valley homeowners have found the answers to their search for a more compatible…

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Real Estate Experts Biggest Housing Issues for 2021

Feb 23, 2021 (0) comment , , , , , , , , ,

Real Estate Experts Biggest Housing Issues for 2021

A survey was conducted in the fourth quarter of 2020 of real estate professionals to determine the biggest stumbling blocks to growth in 2021.The following are some of the key trends they see as potential difficulties: Inventory shortages:  With levels down 22% from the previous year, this was the main concern of 84% of those…

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What Does Low Inventory Housing Mean to You?

Feb 19, 2021 (0) comment , , , , , , ,

What Does Low Inventory Housing Mean to You

Lack of inventory has been the one constant throughout the real estate market for the past several years.  Depending on whether you are a buyer or seller, this will be a significant factor in how you deal with the process. If you’re a buyer, it may take time to find the right home for you. …

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Investing In Deeds Of Trust Brings Higher Return

Feb 09, 2021 (0) comment , , , , , , ,

Investing In Deeds Of Trust Brings Higher Return

To many a naysayer’s surprise, the 2020 real estate market boomed.  Prices rose, sales increased, and investors continued to grow their wealth.  In a recent article I found in Realtor Magazine, Lawrence Yun, Chief Economist at NAR, stated that even as early as August, 6 million existing and new home sales were recorded in the…

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Real Estate Continues To Be A Great Investment

Feb 02, 2021 (0) comment , , , , , , ,

Real Estate Continues To Be A Great Investment

For a variety of reasons, the predicted recession of 2020 never affected the real estate market segment anywhere in the United States, but particularly in California. Back in March there was much “gloom and doom” with a tsunami of foreclosures expected as we sheltered in place.  Instead, a housing boom has emerged in many of…

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How Did North Bay Real Estate Market End The Year?

Jan 26, 2021 (0) comment , , , , , , ,

How Did North Bay Real Estate Market End The Year

Recession?  What recession?  This word has alluded the real estate market since early spring.  We have only to look at December’s North Bay market numbers to see that there has been little to no effect on the real estate segment in Sonoma, Marin, and Napa Counties.  Here is proof based on data points from the…

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Sonoma County Real Estate Kicks Off In 2021

Jan 19, 2021 (0) comment , , , , , , ,

Sonoma County Real Estate Kicks Off In 2021

If there was ever a question regarding the health of Sonoma County’s real estate market, it was answered during the 2nd week of January 2021. Based on information obtained from MLS data, here are some solid facts to confirm the upward trajectory of the market just as the year is jetting into 2021: Active Listings: …

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