Real Estate November 2022 Report
October 2022 had the lowest number of October home sales since 2011, on a year-over-year basis, higher-price home sales of $3 million+ fell further (-43%) than the general market (-38%). And the marke...
The Fang Report
Real Estate October 2022 Report
Bay Area median sales prices retreated dramatically from their spring peaks, and SF was hit harder than most area markets. Changing market conditions prompted by shifts in interest rates, inflation, stock markets, and consumer confidence. After...
September Monthly Report 2022
As of early September, interest rates have increased again and stock markets declined once more: They continue to see substantial short-term volatility and it remains difficult to confidently predict their future movements and effects on real e...
August 2022 Report for the Real Estates
As of early August, the average, weekly mortgage rate for a 30-year fixed rate loan fell below 5% for the first time since April, and stock markets have seen large rebounds since early July – but these and other indicators have been subject t...
July 2022 Report for the Real Estates
The impacts of this year’s severe economic headwinds – soaring inflation and interest rates, stock market declines, fears of recession – on Bay Area real estate markets are speeding up. The first effect was on buyer demand (fewer buyers, ...
Demographic, Economic & Real Estate Market Snapshots for June 2022
Per Freddie Mac (FHLMC), on June 9, 2022, the weekly, average, 30-year interest rate was 5.23%. At the end of 2021, the 30-year rate was 3.11%. The historic low of 2.65% was in January 2021. In November 2018, the rate was 4.94%.
While the week...
Demographic, Economic & Real Estate Market Snapshots for April 2022
The 2020 US Census estimates were released on March 17, 2022. Within this report are analyses using data from this release, as well as from earlier releases, and many other data sources besides. All these numbers should be considered approximat...
5 Negotiating Strategies When Selling Your Home
Selling your home is likely one of the biggest financial transactions you’ll undertake in your lifetime, and the price you agree on with a buyer, along with the real estate commissions you pay, will determine how much money you walk away with...
Find Your Bay Area Dream
Santa Clara and San Mateo counties have a lot to offer home buyers. Both are in the Bay area which includes the cities of San Francisco, Oakland, and San Jose. Along with shopping, restaurants, and plenty of outdoor activities, the Bay area is ...
First-time Buyers: 5 Things You Need To Know Before Submitting the Offer
July 24, 2021
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is that in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows a...