The total number of sales was 1,635, which was down 50%! (All numbers are comparing May, the last full month available, 2020 and 2019). Single-family resales came in at 1,043, also off 50%. Condos had 427 closed sales down 54%,...
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Inman reports “Summer Outlook: Real Estate Heads Into Buying Season On Firm Footing” The US housing market, after understandably sputtering this spring due to COVID-19, is showing resiliency as the market picks up substantial steam all over the country. Realtor.com reported...
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Commissions are a big expense of selling a home; although it is most people’s largest single investment so the sale of it is hardly something to be trifled with or a place to pinch pennies and end up under selling...
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Welcome to the new normal. If you are a seller and have concerns about people in your home during this pandemic, there are plenty of ways to have your listing appointment without anyone entering your home. You can take your...
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This will be a very fluid situation as the crisis blooms, crests and hopefully burns out, so you must rely on professionals to guide you. THIS IS NOT THE TIME TO BE A FOR SALE BY OWNER! The California Association...
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Tight Inventory, ever rising rents, killer interest rates, the market is really a little crzy! Tenants are struggling with 9 straight years of rent hikes, as we continue to have a housing crisis of epic proportions. That may sound dramatic,...
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This is an extremely personal decision, based on family, personal goals, likes, hobbies, etc. However, how much should economics play in this decision? For some couples, it’s everything, because they have priced themselves out of California, even though they would...
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Millionaire David Bach has a message for Millennials, don’t wait to buy. It is nearly impossible to build retirement and personal wealth without home ownership. For example, if one rents a 2 bedroom apartment for the approximate average rate of...
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Recently this column focused on tips for selling; this month we look at buyers. 1) Understand how much you can afford. Don’t make an offer on something you won’t qualify for, wasting the time of the seller, and more importantly,...
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There are many differences between a mortgage broker and a bank. Brokers offer you choices and are also your advocate. Wouldn’t you want a personal shopper who is looking out for your best interest? Watch this video and then...
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This is a complex question with several different answers. Firstly — short and to the point is, if you look purely at interest rates and the added purchasing power as
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