The housing market in California has been red hot since last July (2020) with home sales for the first half of 2021 surging above last year by 34 percent. Home prices, meanwhile, continue to climb with the statewide median price-setting record a high of $811,170. However, statewide median price dipped from the record high in […]
Articles about the Real Estate Market
We feel that it is important for everyone to understand what is happening in the real estate market.
While many of our articles focus on California, we also share information about the market in the United States as a whole.
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country. News website The Atlantic summarized the sizzling home […]
One of the most common questions that Realtors get is, “Can I Buy or Sell my Home Without Using a Real Estate Agent?” Here’s what we have to say on the subject. Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, including our own, we’re […]
To Rent or to Buy, that is the question. – William Shakespeare OK, Bill Shakespeare never said that, but if he were alive today, he might. 😉 Since there is no one answer to the question, “Should I buy a house, or continue to rent a house (or apartment)”, we will try and give you […]
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March 2020, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated […]
Well, folks, it’s been a long and difficult year for everyone. We will certainly be glad to ring in the New Year, and I’m sure you feel the same way. With 2020 wrapping up and 2021 only a few weeks away, we thought it would be a good idea to do a year-end wrap-up post […]
2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies.” ~ Daryl Fairweather1 And he’s right: most of us would have expected the housing market to suffer from circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages. But, rather than […]