Real Estate
Inventory insanity: When will this supply shortage end?
Today’s extremes won’t last forever, but there’s no silver bullet to end the crisis, and it’s likely shortages in some form will drag on for years Article Originally Published on Inman.com, written by Jim Dalrymple II There’s something really strange happening right now: There are seemingly no homes for sale, and yet the number of…
read moreAnnual home price growth reaches highest level since 2006
Increased buyer demand and low interest rates continue to push home values up in all 50 the largest US markets, according to Zillow’s latest report Read Marion MacPherson’s full article here: https://www.inman.com/2021/02/19/annual-home-price-growth-reaches-highest-level-since-2006/ Increased buyer demand spurred by historically low-interest rates has pushed annual home value growth to the highest level since 2006, according to Zillow’s latest market report released…
read moreFive Questions for Housing in 2021
Housing Flipped the Script on COVID in 2020. What Will Happen in 2021? A special report from the Wells Fargo Economics Group answered the top questions for the housing market in 2021. Below are the highlights, the entire article can be found here. Special thanks to Mike Ahr, Private Mortgage Banker from Wells Fargo for…
read moreBold Predictions About 2021 Real Estate Market
The coronavirus has impacted the lives of people worldwide, and perhaps the most surprising element has been how COVID has positively affected the U.S. real estate markets. Read the full article here: https://rismedia.com/2020/12/12/buffini-bold-predictions-real-estate-market/ In summary, industry expert, Brian Buffini, founder, and chairman of Buffini & Company made these three bold predictions: 1. Decentralization“People are moving…
read morePending Home Sales: May Posts Record Monthly Gain After Consecutive Declines
Pending home sales reached a 44.3 percent monthly increase in May—a new record, according to the National Association of REALTORS® (NAR). After two previous months of declines, pending home sales are showing a market rebound, with every major region recording a month-over-month increase. This has been a spectacular recovery for contract signings and goes to…
read moreThe Summer Home-Buying Season
May Be Much Hotter Than Expected—Here’s Why Until recently, the prognosis for the housing market was not great. With the economy in a free fall, home sellers swiftly took down their “For Sale” signs and many buyers chose to wait out the coronavirus pandemic. It was like the pause button was pushed on the normally…
read moreMore Buyers Coming to Lamorinda Suburbs…
Companies across the country are re-evaluating the need for a traditional office environment and an increase in remote working opportunities could lead to a boom in buyers flocking to the suburbs. “Moving away from the central core has traditionally offered affordability at the cost of your time and gas money,” The Zillow survey found that…
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