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Bay Area California Real Estate Blog and News

What Record-Low Housing Inventory Means for You

What Record-Low Housing
Inventory Means for You | MyKCM

The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR)...

Why Moving May Be Just the Boost You Need

Why Moving May Be Just the
Boost You Need | MyKCM

As we look back over the past year, we've certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and well-being. This is no surprise since the U.S. Census Bureau reported an increase in the percentage of adults with symptoms of anxiety and depression in a recent ...

Prop 19 - Big News for Homeowners

Prop 19 Passes in California - transfer tax base
Proposition 19 was approved by voters in November of last year, but it will soon take effect. Many homeowners in our area have expressed interest in this new proposition since they could be eligible for fairly significantly property tax savings when they move, especially if they have lived in their home for some time and the value of their home has increased substantially since it was originally purchased.

A practical example of Proposition 19

Before Proposition 19, if Barry Buyer bought a home in 1975 for $200,000 and the property was now worth $1...

Consumer Warning: When an Agent Says They Have a Buyer for Your Home

i may have a buyer letter

Several times a year (usually beginning in late winter or early Spring), we have homeowner clients contact us because they received an eye-catching letter in the mailing from a local real estate agent claiming, “I may have a buyer for your home” (even though their home is NOT even listed for sale).

CONSUMER WARNING: In most cases, “I Have a Buyer for Your Home” letters are poorly disguised solicitation letter from agents wanting to LIST YOUR HOME FOR SALE --- NOT because they have actual buyers for your home. Your best response is to call a trusted local Realtor, not reply to the solicitation letter....

Is This the Year to Sell My House?

Is This the Year to Sell My
House? | MyKCM

If one of the questions you're asking yourself is, Should I sell my house this year? consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here's why.

According to the latest Home Purchase Sentiment Index from Fannie Mae,...

3 Must-Do's When Selling Your House This Year

3 Must-Do's When Selling Your
House This Year | MyKCM

It's exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what's to come, we can still have deep sentimental attachments to the home we're leaving behind. Growing emotions can help or hinder a sale depending on how we manage them.

When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it's time to move. Being mindful and prepared for the process can help you stay on the right track when selling your house this year.

1. Price Your Home Right

When ...

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