Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the […]
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.
Is the Housing Market Cooling? It Could Be Good News for Buyers!
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 […]
Where is the Real Estate Market Really Headed? 5 Factors That Reveal All
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 […]
Can I Buy or Sell a Home Without a Realtor or Real Estate Agent?
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 […]
Buy vs Rent a House: How to Decide What’s Right for You
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 […]
Is the Real Estate Market Going to Crash?
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 […]
2020 Real Estate Market Recap
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 […]
