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North Bay Real Estate Trends for February 2021

Apr 06, 2021 (0) comment , , , , , , , , , ,

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Looking at all the homes and condos for sale in the northern California counties of Lake, Marin, Mendocino, Napa, Solano, and Sonoma Counties at the end of February, there were just 1,431 on the market.  This is the lowest inventory amount since 2005 and 2% below that of January.  This region generally enjoys a Spring…

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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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2021 Housing Forecast Looking Rosy

Dec 15, 2020 (0) comment , , , , , , ,

2021 Housing Forecast Looking Rosy 1

Most of us living in California will be happy to bid, “Good riddance” to 2020.  While much of the hallmarks of this past year will go away, the rising home prices in many California counties which became distinct characteristic of this past year, may be here to stay. Realtor.com’s housing forecast predicts record-high prices will…

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What’s Happening in the Orange County Real Estate Market?

Nov 17, 2020 (0) comment , , , , , ,

Whats Happening in the Orange County Real Estate Market

Orange County’s homebuying rebound continued in September with sales hitting a pace not seen since 2005. A study done by DQNews (a service that provides home sales and mortgage statistics for the U.S.) shows a market fueled by historically low interest rates, coronavirus-led urges for more space, and a limited inventory for house hunters to…

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Have Tax Questions About Selling Your Home?

Sep 29, 2020 (0) comment , , , , ,

Have Tax Questions About Selling Your Home

A recent article posted on Intuit’s Turbo Tax website addressed a series of questions and answers that every property seller should know before engaging in a real estate contract. This is good information to be aware of, thus our sharing.  Providing answers to these questions is “out of bounds” for anyone without the proper legal…

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So Many Mortgage Changes…So Many Myths!

Sep 01, 2020 (0) comment , , , , , , , ,

So Many Mortgage Myths

In an excellent article written by Erica Sweeney for Realtor.com, the author lists common myths that she wishes to debunk.  We feel that this article is so on-point with California mortgage market, that we want to share the essence with you. Recent days have brought on changes unheard of in the past, especially in the…

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