Real Estate Market Update · 10. August 2022
Those with no mortgage have stayed put the longest, with about one-third living in their homes for 30 or more years, compared to 11% of those with a mortgage, and 2% of renters. On average, high-equity homeowners with no mortgage are more educated and have higher incomes than renters, but they tend to be less educated and have lower incomes than those with a mortgage.
Real Estate Market Update · 04. July 2022
July 04, 2022 – With mortgage rates steadily coming down after reaching a recent peak in mid-June, the market began to show some signs of stability as purchase mortgage applications remained unchanged from the prior week. Home sales remained depressed from the prior year, however, as economic uncertainty and higher borrowing costs continued to expand their role in homebuyers’ decision to purchase.
Real Estate Market Update · 13. June 2022
Bay Area rental rates among the highest in nation
According to Realtor.com, the Bay Area ranks among the top region with the highest renal rates. The overall median rent comes in at $3,000 per month in the San Francisco-Oakland-Hayward area and an average of $3,165 monthly rent for the San Jose-Sunnyvale-Santa Clara area.
Real Estate Market Update · 20. March 2020
Is it a good time to sell? The answer is "YES" it is an excellent time to sell now. Of course, market activities are limited now, but low-interest rates, fewer inventories, and solid buyers are looking for a home
Real Estate Market Update · 29. February 2020
Often realtors need some handyman' skill to help clients, and save their money. I just help installed window covers to update the home to sell.
15. February 2020
A major economic blow for San Francisco on Friday as Facebook announced it is canceling next month’s global marketing summit because of growing fears of the coronavirus. Source: Facebook cancels annual global event due to growing coronavirus fears When I came back from Japan on Feb.07, it has not been huge impact yet, but a week later, now coronavirus impact became huge issues in Bay Area.
Real Estate Market Update · 12. February 2020
Jeff Bezos has reportedly broken California's record for the most expensive home sale of all time with his purchase of a $165 million Beverly Hills mansion..
Real Estate Market Update · 22. November 2019
California Realtor Association published October Buyer's Guide Report.
The Buyer's Guide is meant to provide our REALTOR® members, or their clients, with a current market snapshot of their local area of business in the state of California as seen from the perspective of a buyer. Reports are updated with last month's data by the third week of the current month.
Real Estate Market Update · 21. November 2019
The City Market Overview reports are meant to provide our REALTOR® members, or their clients, with a current market snapshot of their local area of business in the state of California. Reports are updated with last month's data by the third week of the current month.