Are Bay Area Real Estate Statistics Fluctuating?
Have you been wondering what happened in the real estate market last month? Below find some interesting facts regarding average sales prices for single family homes that might either surprise you or confirm your suspicions: San Francisco: $1,840,343. Down $126,907 from July Menlo Park: $2,744,629. Up $159,895 from July Foster City: $1,900,846. Down $29,862 from…
Read moreHow Is The Recession Going To Affect Real Estate & Mortgage Markets?
Lately, we have been bombarded with the doom-and-gloom messages about the “inevitable” Recession at our doorstep. As professionals, we have the obligation to inform and educate our clients about the financial climate, and this means giving them the “real scoop” as it affects their investments. Steve Harney, a spokesman for Keeping Current Matters, delivered a…
Read moreHome Improvement Ideas That Won’t Break the Bank
Keeping costs down while improving your property is a definite “must”, especially for a rental. Some of the more cost-effective ways to achieve the best return on your investment may be the following: Paint: You can change the entire perception of a property with the right paint color choice. For example, paint can make a…
Read more7 Useful Things You Might Not Know About
Arrow by your gas gauge: Next to the gas gauge of nearly every car that’s been manufactured since 2010, there is an arrow that either points to the left or the right. A lot of people might never have noticed it, but it identifies the side of the car where you will find your gas…
Read moreThe Housing Market In The Next Economic Slowdown
Recent reports seem to hint at the dreaded economic “Big R” [Recession]. According to the 2019 Zillow Home Price Expectations Surve, released June 5, 50% of the surveyed economists, investment strategists and housing market analysts believe the next recession will begin in 2020, with 19% predicting it will begin in the third quarter. When asked…
Read moreNo Surprise! Pet-Friendly Homes Are in High Demand
In a recent study, it was reported that $72 billion (with a “b”) was spent on pets in the U.S. in 2018. This statistic makes it easier to understand that when someone buys a home, they are considering the needs of their whole family, and that includes the family pet(s). 89% of pet owners say…
Read moreHow Effective Are Your Negotiating Skills?
There is no better way to secure your effectiveness as a negotiator than by truly being the guy in the “white hat”. To distinguish yourself from the “black hats”, you must communicate your honesty and integrity to potential clients. You prove your dependability by quickly returning phone calls, turning around paperwork in a timely manner,…
Read moreTips To Get Your Home Purchase Offer Accepted
Real estate availability may be loosening up, but if you encounter a good buy and want to strengthen your chances of snagging it, here are some tried-and-true tips to remember when presenting your offer: Increase Your Budget: First-time buyers may be looking in a lower price range, which is one of the most competitive markets. …
Read moreAccessory Dwelling Units: Do Your Homework First!
The housing crisis, especially in California, has worsened over the past decade. There is a report that states California is short three million housing units. This accounts for the additional pressure on home and rent prices. To alleviate this disparity some cities are reducing the red tape required to build these attached or detached structures…
Read moreBay Area Second Quarter Home Prices
Except for San Francisco and San Mateo Counties, home prices in the Bay Area remained relatively flat according to data provided by local Multiple Listing Services. Year-over-year prices flatlined across the Bay Area, except in Santa Clara and Sonoma Counties where prices retracted. All four of these counties, however, have reached historically high real estate…
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