Blog

Buyers Get More House Eight months ago, economists were predicting that interest rates would rise in 2019—we know that the opposite has occurred. What the majority missed was the trepidation and stagnation that have been caused mostly by geopolitical issues and instability. Inflation has fallen below the predicted 2+%, so buyers benefit with more purchasing […]

Silicon Valley has become so unaffordable that hundreds of recreational vehicles, or RVs as they are more commonly known, are being used as permanent residences for workers who simply can’t pay the local rental premiums or high prices. It’s not a joke, and it’s not fun or funny. There are even laws being passed to […]

It’s a bumpy ride right now in real estate. Some weeks are booming, and some weeks are quiet. Some months are record setting, and some are ho-hum. There are many factors to consider when we try to explain our market—consumer confidence is always the most important driver, and it has fallen and flattened steadily since […]

Amazingly interest rates have remained low—in fact, interest rates are lower now than they were at this time last year! This isn’t the only reason for this incredibly busy market. There are many “stagnant” properties that were on the market at the end of 2018 that are still waiting for their perfect buyer. These properties […]

Millennials and Gen X will be the primary homebuyers this year—no surprise, as they make up pretty much the entire working population! Gen X is still building equity, investing, moving up. But of course, as numbers go, this group will only make up less than 20% of our market. The mid to upper priced housing […]

It’s estimated that one million millennials will buy a home each year for the next ten years! Homeownership is STILL the American dream, and though millennials may want smaller, more environmentally friendly homes, they are NOT going to sacrifice the perfect walkable location. The rate scare has subsided for now, prices have dropped, and inventory […]