Starting in March 2020, economic volatility and shelter-in-place orders caused home sales to plummet. However, lower rates coupled with historically low inventory continue to prop up home prices. Although unconventional, virtual realty has maintained home buyer’s interest Continue Reading
Real Estate Trends – February 2019
1.) Increased Interest Rates Mortgage rates have remained relatively stable over the past couple of years. In 2019 however, it’s expected that interest rates will increase approximately half a percent, coming close to the 5% mark. For sellers, this could mean that homes Continue Reading
San Ramon Market Video update August 2016
San Ramon Market Video update August 2016. San Ramon homes for sale are averaging 17 days of market time with medium sale price of $1.08 million. 100 New listings came on the market in July, 2016 a 12%, increase from last year. Meanwhile 87 listings sold in the same Continue Reading
Castro Valley Market Video Update April 2016
Castro Valley Market Video Update April 2016 Castro Valley real estate is still experiencing low inventory, in fact Castro Valley has the lowest number of homes for sale in the area. The number of homes for sale was down 42% from a year earlier and down 14% from the Continue Reading
San Ramon Market Video Update Apr 2016
San Ramon Market Video Update Apr 2016 San Ramon Market Video Update: Despite an increase of 12% of active listings year over year and 25% month over month in San Ramon, over all inventory is still well below normal market needs. The median sale price of active listings Continue Reading
East Bay Real Estate Updates
Area Real Estate Updates including Alameda and Contra Costa Counties Save Continue Reading
Fast Rising Home Equity in The East Bay
East Bay homeowners found themselves with more home equity than they thought possible During the past year home prices in the Bay Area appreciated at a very brisk pace. Depending on where you live, your home value appreciated between 20% to 35%. In most areas, home Continue Reading
The Ripple Effect of Home Buying on the Economy
Did you know that when you buy San Ramon homes, you add an average of $60,000 of spending into the US economy for each home purchased? Here are a few examples of sectors that are positively affected by real estate. Remodeling/Home Improvement. Whether buying or selling, Continue Reading
East Bay Real Estate-What was Once for the Buyers is Now for Sellers
Last year the East Bay was decidedly a buyers’ market, with inventory low & prices flat. Since then, the real estate market has transformed into a low-inventory & high-price environment - the perfect scenario for sellers. Since there are fewer properties altogether Continue Reading
East Bay Real Estate Video Market Updates
Thinking about buying or selling real estate in the east bay? We provide you east bay real estate video market updates to help you make better decisions including real estate trends you need to know when you buy or sell a home. All data is derived from our local MLS in Continue Reading
