Testimonials for Blog

December 2015 single family home sales showed unseasonal gains in nearly all MLSListings counties, compared to November 2015. Santa Clara had the largest gain of 20%, San Mateo 14%, Santa Cruz sales rose 9%, and Monterey 5%. Only San Benito sales dropped 17%. December year-over-year sales remain above 2014 levels in four of the five MLSListings counties. San Benito sales rose 20%, both Santa Cruz and Santa Clara grew 16%, and San Mateo increased 7%, with Monterey showing the only decline at 2%. Month-to-month inventory tells a different story, continuing to decline across all counties compared to November 2015. Inventory dropped

If you’re planning to sell your house this year, well, you’re in luck.“The 2016 housing market is forecasted to be mainly a seller’s market, filled with increasing home prices, relatively low inventory, and fierce competition between buyers,” says Jonathan Smoke, chief economist for realtor.com®. But you could still make missteps on the way to the bank. Yes, your house will likely sell, but when? Remember, time is money. “For sellers, it’s about understanding the ins and outs of their local market so they can optimize the price of their home and close quickly,” Smoke says. Smoke and his team analyzed market

As real estate-minded people, we’re always trying to predict the future. No one wants to buy at the height of the market, and everyone is scared the rates are going to rise. The more people you ask, and the more research you do, the more opinions you’ll hear. So, what are the real trends in the market, and what does that mean for us as buyers, sellers, investors, etc? First, most experts will agree that extremely hot markets like NYC, San Francisco and Southern California will begin to cool down. These very expensive markets saw less of a hit in the recession

 Auction.com, LLC, the nation’s leading online real estate marketplace, today released its Q3 2015 Commercial Real Estate (CRE) Market Monitor™, which reveals that CRE market activity is continuing to show signs of slowing and stabilizing after several years of run-up and appreciation. Total transaction volume across the five major CRE sectors dipped 6.5 percent on a quarter-over-quarter basis, sitting just 2.6 percent higher than one year ago — down from 24 percent higher in Q2. The slowdown in deal volume occurred amid the patch of U.S. economic softness in late summer, though the overall capital markets climate remains bullish. Cap

The year is about to end but what do investors have to say about next year’s real estate market? Nela Richardson, chief economist for Redfin, a national real estate brokerage firm, said that a rate increase won’t be likely. “Buyers now don’t seem to be all that spurred or driven by a rate increase,” Richardson said. “That lack of urgency will translate into next year’s housing market. There’s interest, but there’s not a lot of inventory to buy,” an article from US News reported. “Buyers now don’t seem to be all that spurred or driven by a rate increase,” Richardson said. “That

Surging rents, skyrocketing real-estate prices and booming tech companies. Sounds like San Francisco in 2015, right? It also describes the city just before the tech bust of 2000, according to a recent report. John Burns Real Estate Consulting of Irvine, Calif., and Pacific Union, a San Francisco real-estate brokerage, say that based on the appreciation (and apparent correlation) of venture capital deals and rent prices, the rise in the Bay Area’s rapid real estate and rent price appreciation today is looking more like a repeat of the dot-com bust of 2000. “The San Francisco Bay Area is on our watch

If you’re a real estate junkie like I am, then you love to watch real estate shows. Love It or List It. House Hunters. Million Dollar Listing New York. These are some of my favorites. Because of my fondness for these shows—and because I recently bought and sold two houses—I can rattle off popular real estate terms. I’m thinking specifically of en suite, chef’s kitchen and open concept, which has people knocking down walls left and right. While many of these terms continue to be used in real estate lingo, a recent Realtor.com survey unveiled some new terms we should probably get

CoreLogic® a leading global property information, analytics and data-enabled services provider, today released its CoreLogic Home Price Index (HPI™) and HPI Forecast™ data for September 2015 which shows home prices are up both year over year and month over month. According to the CoreLogic HPI, home prices nationwide, including distressed* sales, increased by 6.4 percent in September 2015 compared with September 2014 and increased by 0.6 percent in September 2015 compared with August 2015.** The CoreLogic HPI Forecast indicates that home prices are projected to increase by 4.7*** percent on a year-over-year basis from September 2015 to September 2016, but

  A report about the real estate trends for 2016 has been released by Pricewaterhouse Coopers and the Urban Land Institute on Wednesday. According toconstructiondive.com, commercial real estate will soon be dominated by small- scale building firms as companies with less than 50 employees surpass the growth of large- scale construction firms. Mitch Roschelle, a partner at PwC, said “The real estate industry’s traditional focus on big cities and large employers is shifting significantly as small businesses emerge as the growth engine for the U.S. economy. This is creating disruption in the office sector as it finds ways to create