Local Market

May 24, 2018

Mortgage Rates: Week ending 5/24/18

Mortgage Rates: Week ending May 24, 2018

 

Fast Facts

 

Mortgage rates continue to climb.  We're now up to 4.66% with .4 pt on a 30 year mortgage. It seems the only way to make things more affordable is to build more homes for Californians. #bayarea

If you're on the fence about ...

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Posted in Local Market
May 19, 2018

The "B" Word: Are we headed into another housing bubble?

I completely love when a client comes up with a great question. Even more, I love when the California Association of Realtors hands me like a million graphs and opinions formulated from economists to answer their questions. HA! It's super cool having a brand like "Realtor" behind me, making ...

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Posted in Local Market
May 17, 2018

Mortgage Rates: Week ending 5/17/18

Mortgage Rates: Week ending May 17, 2018

Fast Facts

Wha!  Mortgage rates are the highest they've been in 7 years.  It had sort of stayed steady in the last couple of weeks, and now they're all of the way up to 2011 levels.

If you're on the fence about getting prequalified to ...

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Posted in Local Market
May 17, 2018

2020 Proposed Solar Mandate: My commentary...

2020 Proposed Solar Mandate: My commentary...

Did you hear about how the new proposed solar mandate could cost you an extra $10,500 to the purchase of your new home?  Yep, as it stands, California might be the first and only crazy state in the nation to make ALL ...

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Posted in Local Market
May 12, 2018

Market At A Glance - March 2018

Market At A Glance - March 2018

The figures were just released.  Here's the current sneak peak of California's market.  I have started publishing local information too.  Here are a couple of links:

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Posted in Local Market
May 10, 2018

Mortgage Rates: Week ending 5/10/18

Mortgage Rates: Week ending March 3, 2018

Fast Facts

Basically folks, things are about the same, as compared to last week.

Mortgage Rates: Week ending 5/10/18:

  • 30-year fixed: 4.55%
    • Fees/points: 0.5%
  • 15-year fixed: 4.01%
    • Fees/points: 0.4%

If you enjoy gathering the interest rates for your calculator, you might also ...

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Posted in Local Market
May 5, 2018

Walnut Creek Listings and Sales for May 2017 to April 2018

Is Walnut Creek becoming a buyer's market?

I was visiting with a client, and I asked him if he was curious about how the market is doing? He said, yes actually!

I want to know if now is a good time to purchase a home in Walnut Creek?

How ...

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Posted in Local Market
May 3, 2018

Mortgage Rates: Week ending 5/3/18

Mortgage Rates: Week ending March 3, 2018

Fast Facts

Mortgage Rates: Week ending 5/3/18:

  • 30-year fixed: 4.55%
    • Fees/points: 0.5%
  • 15-year fixed: 4.03%
    • Fees/points: 0.4%

If you enjoy gathering the interest rates for your calculator, you might also enjoy reading my blog about how rising mortgage interest rates could ...

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Posted in Local Market
April 26, 2018

Who caused the Bay Area's housing shortage? Hint: It's not just tech

CALIFORNIA ASSOCIATION OF REALTORS® sent over a wonderful article:

Everyone has a theory about who's to blame for the housing shortage that's driving up prices and chasing Bay Area families out of the region.

A new poll offers surprising insights into where most of us point the finger ...

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Posted in Local Market
April 24, 2018

Oakland and Berkeley Inventory vs Sold 2018

Oakland and Berkeley Inventory vs Sold 2018

So, I'm sitting here this morning, wondering why my front lines are so quiet (no closings in 30-days).  I mean, what's happening?  After scouring my pipeline's activities, scrutinizing my assistant's notes, studying my website on Google Analytics ...

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Posted in Local Market