The direction of mortgage interest rates drive the housing market. We’ve been spoiled with ultra-low rates the last few years with many experts predicating 2014 was going to be the year of 5% rates, they were wrong. Here’s why we’re not going to be seeing 5% mortgage rates anytime soon. Ability To Procure Credit Reality […]
The Added Value Zillow brings over sites such as Redfin, Realtor.com or Trulia is the precise estimate of value they call a “Zestimate”. That “Zestimate” is either a triumph of mathematical analysis or complete and utter horseshit. If you look a little below the “Zestimate” you will see something they call a “Value Range” […]
55 were present today. 10 new escrows were opened, 8 were closed, there was one price reduction announced and two properties came back on the market, 12 upcoming listings were mentioned and 8 buyer’s needs mentioned. Of note, three of the newly opened escrows had multiple offers. 9 offers, 6 offers and 4 offers. I […]
And I do mean everything. Water pipe in the kitchen broke 5 years ago? Disclose. Problems with drainage? Disclose. Death in the home? Disclose. Dispute with a neighbor? Disclose. Disclose everything and anything that might affect what a buyer might be willing to pay for the home. Does this mean you are going to get […]
Marin and Sonoma Counties, all property categories. New listings, 99. Back on the market, 31. Price increases, 7. Price reductions, 19. Contingent, 45. Pending, 39. Sold, 34. Expired, 9. Inactive, 14.
First I’ll look at homes, these numbers include SFR, Condo’s and PUD’s as well as “Farms and Ranches” . “Active listings” only. There are 195 homes listed for less than $500K and 42 have been on the market 120 days or more. I found 187 homes listed between $500,001 and $1MM, 69 of those have […]
Marin and Sonoma Counties only, all property categories. New Listings, 70. Back on the market, 37. Price increases, 4. Price reductions, 19. Contingent, 45. Pending, 23. Sold, 38. Expired, 27. Inactive, 11.