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Will Mortgage Rates Remain Low in 2021?

Will Mortgage Rates Remain Low in 2021?

Will Mortgage Rates Remain Low Next Year? In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When […]

Real Estate is Driving Force in the Economy

As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new meaning, causing many of us to consider buying or selling sooner rather than later. Housing, therefore, has thrived in an otherwise […]

Selling Your House Is the Right Move, Right Now

Selling Your House Is the Right Move, Right Now

So many homeowners are sitting on the fence not knowing if they should sell now or wait… Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the […]

10 Bay Area Haunts to Visit This October

10 Bay Area Haunts to Visit This October

Take a socially distanced walk around some of these famed Bay Area haunted houses, parks and landmarks this spooky season. BAY AREA, CA — Spooky season is still very much alive, despite the COVID-19 pandemic putting a damper on some festivities. Costume parties and trick-or-treating in mass groups might not be such a great idea […]

Is Now a Good Time to Move?

Is Now a Good Time to Move?

How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time to time to be […]

Homebuyer Demand Is Far Above Last Year’s Pace

Homebuyer Demand Is Far Above Last Year’s Pace

Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming […]

Silicon Valley Market Update – August 2020

Silicon Valley Market Update – August 2020

Welcome to our August newsletter. This month, we take a look at the conditions of the U.S. and global economies in relation to the local, state, and national real estate markets. In particular, we examine some crucial economic indicators, Real Gross Domestic Product (GDP) and the unemployment rate. Although COVID-19 is still surging through California […]

Current Buyer and Seller Perks in the Housing Market

Current Buyer and Seller Perks in the Housing Market

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: Low Mortgage Rates The […]

How Is Remote Work Affecting Silicon Valley Real Estate Market?

With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout Silicon Valley are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? All of […]

Guidance and Support Are Key When Buying Your First Home

Guidance and Support Are Key When Buying Your First Home

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending […]