At least for the number of homes sold! Of the last 5 weeks, 37 has been the number of homes sold 4 times (one was actually 38)! The good news is that we also listed 67, (including the Back-on-Market homes). Newly Listed … Continue reading
Many of us find the need to change our home as our family dynamics change. A common challenge is the financial aspect. The family has grown, more space is needed. The budget has grown; more space is affordable. But this … Continue reading
Inventory continues to be low. In the past we figured a 3-4 month inventory to be normal. At last week’s sales rate that would mean we should have an inventory of about 700 to 1000. Our current inventory is FAR … Continue reading
Although still moving faster than the national average, real estate activity has slowed in our area. We don’t see this as cause for alarm however; with the holidays approaching folks have family get-togethers and other things on their mind. Newly … Continue reading
That’s the word according to the big news casts! I just heard it again last night. That may be correct for the nation as a whole, but NOT for our area! Here are the stats from last week, and the … Continue reading
Inventory is increasing! A quick look at the numbers from last week (and the previous couple weeks) shows that we have been listing more homes than we are selling. So far this month we have closed 137 transactions and listed … Continue reading
Has that home you were thinking about buying? Fifty-seven were sold in our area last week. If not, maybe its price was lowered; 82 homes did! Here are the rest of the numbers. Newly Listed Back on Market Price Increase … Continue reading
For some time now California legislators have been trying to push a bill through that we believe would hurt home owners. While the core problem this bill was trying to address may have been valid, this was the wrong way … Continue reading
Federal Housing Administration (FHA) has announced that borrowers who prepay their FHA-insured mortgages will not have to pay a pre-payment penalty. The new rule goes into effect on loans that close on or after 21 January 2015. Please note that … Continue reading
100 years ago this wasn’t much of a question. One simply added to the home as the family needs increased. On those rare occasions when a new product was introduce that really made sense in the home, one added it. … Continue reading