While elevated mortgage rates have continued to dampen the pace of home sales and affordability, there have been some positive developments for frustrated homebuyers. Nationwide, the inventory shortage is starting to ease, and an uptick in starter homes coming on the market has helped to slow the median home price growth rate, presenting some relief to cash-strapped buyers....
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All market offer opportunities for buyers and sellers but the unique market we are currently experiencing has some tangible benefits for both sides....
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Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately...
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10 Step Home Buying Guide 10 Step Home Buying Puzzle resolved Launching into the home buying process can be daunting and may feel like one of those crazy jigsaw puzzles you tackled as a kid. So many pieces - where do I start? This 10 Step Home Buying Guide, in the next 11 posts, will ease your mind. Following will be a step by step guide to propel you from start to finish and get you into your next home! Whether you are a first time home buyer, getting...
View MoreCome see me and Gabe! We are here until 4pm at this beautiful property! http://Www.66grovehillsouth.com http://4sq.com/iNcKcp # Me and my assistant are fueling up for our open house! (@ Crepevine - San Rafael) http://4sq.com/l8VQHS # Beautiful drive! (@ Hwy 37) [pic]: http://4sq.com/lwAgg6 # I'm at The Press Bistro (1809 Capitol Ave, at 18th St, Sacramento) http://4sq.com/mlTe4J # Super cool vintage stuff! 2nd Saturday in Sacramento! (@ Scout Living) http://4sq.com/kkqW41 # Fave Friday am #bikram class and was greeted w a closed door and sign that said "full class". 1st time in 9 yrs :(...
View MoreHow is the Real Estate Market in Marin County, CA? This is the number one question asked by friends, family and strangers. Are they just making polite conversation or is just about every person looking for answers in this crazy fluctuating and ever-changing market? Maybe both? My direct market, Marin County, CA with 20 distinct areas as designated by BAREIS, our local MLS (multiple listing service) produces an equal amount of "Markets". Meaning, you will get a different answer to the question, "How's the market" depending on what city, area and price...
View MoreMarin County Real Estate - Luxury Living in San Rafael, Yes it's True!; Real Estate Porn Week 3! Who says you can't find luxurious living in San Rafael! San Rafael, CA 94901. My hometown and now my place of business. The appeal of San Rafael to me today is the same as it was 35 years ago. It's the melting pot of Marin, the most diverse city, by far, in our extremely affluent county and the last City before hitting the most Northern city of Marin, ...
View MoreMarin County Real Estate - A Stunning Transformation: Real Estate Porn Week 2 Broker's tour on Thursday, February 24, 2011 brought me to a home in Corte Madera that was previously on the market. I have a few clients and several friends in Corte Madera so when a house comes on the market, or in this case, back on the market I must see it. This home by itself would probably not be classified as "Real Estate Porn" but it's listing history tells an important story and...
View MoreBuying A Home in Marin County - Home Buyer Success Story Real Estate is a challenging business to be in, especially in today's market with the ever changing rules, regulations, laws and statutes surrounding Real Estate transactions. It has become a mine field of disclosures and compliance. However, for me the most important and most rewarding part of the Real Estate business hasn't really changed that much and that is Client Care. It's true, younger Gen X and Gen Y clients now entering the market are tech savvy and better...
View MoreHomes for Sale in Marin County, CA - Average home price 2010 to 2011 up or down? Turns out in Marin County, like home prices, inventory levels, Days on Market and sale price vs. list price it all about location, location, location! In two cities the average home price is up from 2010 to 2011 Year to Date in all others it's down. Makes answering the questions, "have we hit the bottom", or "hows the market" or "are prices going back up" difficult to answer. Check...
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