Local Market

April 5, 2019

Market Update: March 2019

California Association of Realtors Market Snapshot

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
Posted in Local Market
March 8, 2019

Market Update: February 2019

California Association of Realtors Market Snapshot January 2019

2019 Market Outlook - Sales Soften, Prices Flatline

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
Posted in Local Market
Feb. 8, 2019

Mortgage Industry Update January 2019

Here's a friendly letter from a long time loan agent. 

I thought you'd enjoy the read, if you're looking for loan advice.

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
Posted in Local Market
July 6, 2018

#SignsYouAreAMillennial

You are being targeted to purchase a home, because we count on you for economic growth moving forward.

Local Market Update - 7/6/18: Mortgage rates are getting better!

All Spring, when we're suppose to be setting the prices for the Summer, I was at a loss as to ...

View More
Posted in Local Market
June 26, 2018

Market Update: 6/26/18 - Is this a buyer's market yet?

Market Update:  My thoughts on the whole thing :-)

Everywhere I read and in my personal experience, there's just not much inventory moving. Sales came to a screeching halt about 5 months ago.  The theme is due to the super low supply levels, and it certainly doesn't ...

View More
Posted in Local Market
June 17, 2018

Mortgage Rates: Week ending 6/14/18

Market Update:  My thoughts on the whole thing :-)

Rates are the second highest they've been all year.  My clients now seem to be finding homes they like and are willing to make the bid. There's just more inventory to choose from. 

  • On one side of the ...
View More
Posted in Local Market
June 7, 2018

Mortgage Rates: Week ending 6/7/18

Market Update:  My thoughts on the whole thing :-)

Good news! Mortgage rates are continuing to slide.  They've been moving down for about two weeks now.  You really should take advantage...  The lower rates mean your mortgage payments will be lower, and you can qualify for ...

View More
Posted in Local Market
June 2, 2018

Buyer's Market for East Bay to San Francisco Commuters

If you're doing the #SanFrancisco to #EastBay commute, see how the market is turning in your favor, based on inventory and sales. Individual graphs for: #Concord #Oakland, #Martinez, #WalnutCreek, #Lafayette, #Berkeley, #Pittsburg, #SanRamon -

There's not a lot of competition for buyers!  In this blog post, you'll ...

View More
Posted in Local Market
May 31, 2018

Mortgage Rates: Week ending 5/31/18

Mortgage Rates: Week ending May 31, 2018

Fast Facts

Mortgage rates fell just a little.  Maybe you should start watching the housing market too?  As predicted, homes are starting to lower their prices. Just click, Personalize Your Search at the top of my website.

Mortgage Rates - Week ending 5/31/18:

  • 30-year fixed: 4.56 ...
View More
Posted in Local Market
May 27, 2018

3 Interesting Real Estate Graphs for Concord, CA

This might be one of the best times to sell your current home and purchase a replacement home in #Concord CA #EastBay

Today, I'm headed out to visit a client that's considering selling their home in Concord, CA.  I thought you might also find some of the ...

View More
Posted in Local Market