Bay Area California Real Estate Blog and News

I recently received a call from a young couple who was relocating their family to the Bay Area from Los Angeles due to a job transfer. They were under a time crunch because they were in the process of selling their current home and needed to make a contingent offer on a new home. After spending just two weekends in the car with in order to familiarize themselves with the various Marin neighborhoods, I had a pretty good idea of what they were looking and they had decided on a couple of areas that would be suitable both for their children's school but also for the daily commute to work.

It didn't take long for us to find this gorgeous 4BD/3BA, two story home with over 2500...

We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these two situations will have on home values.

Many of these headline writers will confuse “softening home prices” with “falling home prices,” but there is a major difference between the two.

The data will begin to show that home values are not appreciating at the same levels as they had over the last several years (softening prices). This does NOT mean that prices are depreciating (falling prices).

Here is an example: Over the last...

Where Are Mortgage Interest Rates Headed In 2019?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.

Below is a chart created using ...

38 Lusk Street, #4 San Francisco CA 94107 – Just Listed

Welcome to the Penthouse at 38 Lusk! Live/work loft space in a quaint 6-unit building in the hip, happening and vibrant South Beach neighborhood. Located down a small side street, off Townsend between 3^rd and 4^th. Live in-the-mix and enjoy Pac Bell Park; Lucky Strike Bowling; District Wine Bar and soon to arrive Warriors Stadium! Easy access to the 4^th& King Caltrain Station and freeways. 

38 Lusk Street,...

340 Olema Road Fairfax CA 94930 - Sold Off Market!

This home has it all! Located on .955 acre lot in the flats of Fairfax. The one level ranch style home is the centerpiece for this gorgeous, smart and well thought out property. Imagine living in a landscaped park with solar heated pool, changing room/full bath and storage, open platform tree house, expansive lawn, raised bed gardens, greenhouse, multiple decks, fire pit, detached guest house, over sized two car garage and ample off street parking! Really! What else could you possibly want in a home?

Main house offers 4 bedrooms, 2.5 baths with open concept kitchen/living/Dining. Rustic wood features and...

If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and demand, so we understand that the best time to sell something is when the supply of that item is low and demand for that item is high. That defines today’s real estate...

For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012.

With this being said, three of the four major reports used to measure buyer activity have revealed that purchasing demand may be softening. Here are the four indices, how they measure demand (methodology), what their latest reports said, and a quick synopsis of the report.

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Your New Lifestyle Begins on This Sunny Patio in Lucas Valley Estates, San Rafael! Offered at $1,150,000.

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Beautiful, light and bright contemporary 3 bedroom, 2.5 bath Lucas Valley Estates home. Perched gracefully on a large corner lot. Fenced, landscaped yard with views of the surrounding hills, perfect for entertaining or relaxing at home. Main level open floor plan features living room with cathedral ceiling, and two-way fireplace serving living room and family room. Ample master suite with walk-in closet and a small balcony. Master bath with spa tub. Close to hiking and schools. Check out the exclusive Property Website. Don't miss this one!

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We all realize that the best time to sell anything is when the demand for that item is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that right now continues to be a great time to sell your house.

Let’s look at the data covered in the latest Pending Home Sales Report and ...