A Glimpse of Home as Sales Perk Up
Looking at the numbers today, it's not a wonder why housing markets are doing so well in the second half of the year. I mean, mortgage interest rates are the lowest they have been in three years! Statewide, existing ...View More
Hello to all of Tim and Elizabeth's favorite clients!
Interest rates have DROPPED in the past several weeks to their lowest levels in over 2 years! That is good news if you're going to enter a real estate market that seems to be going through a correction. If ...View More
A New Peak … but Will Home Prices Continue to Rise?
California home prices continued to rise as the market approached the peak of its home buying season. After setting a record high in April 2019, the state median price inched up again and reached a new peak in May ...View More
Top 5 Reasons You Should Become a Homeowner
Buying a home is a complicated process. Even finding the right home can be difficult in California’s inventory constrained market. Once you do, there is the negotiation process, contracts, inspections, appraisals, financing, and myriad other issues that pop up along the way ...View More
Goldilocks Housing Season – Good Time to Buy and Sell?
The housing market in California remained soft in March with sales dropping and prices leveling off at the end of the first quarter. Home sales have been declining on a year-over-year basis for 11 consecutive months and the average decrease ...View More
Interest rates have dipped slightly in the past several weeks which is good news for you in a real estate market that seems to be going through a correction. If you got a loan in the late summer 2018, you may want to explore ...
Tight Supply » Low Affordability » Outmigration
Outmigration continues to be a big concern for the California housing market. Caused by the state’s housing affordability issue, outmigration has resulted in about 800,000 people leaving California since 2010. As of the fourth quarter of 2018, only 28 percent of California ...View More
2018 was a lackluster year for the California housing market. While remaining above the 400,000 benchmark, home sales fell 5.2 percent to 402,750, the state’s first decline in four years. Sales have been declining on a year-over-year basis for eight ...View More
Interest rates have dipped slightly in the past several weeks which is good news for your buyers in a real estate market that seems ...View More