house prices

https://youtu.be/aoD3oRJGQtY Here is some of the information Lex is referring...

Hey there, fellow real estate enthusiasts! As the sun shines bright and the summer vibes hit full swing, it's time to dive into the latest buzz in the San Francisco Bay Area real estate market for June 2023! Like summer vacations and parties, the market has been quite the rollercoaster ride with a mix of price movements compared to the previous month and last year. Hang tight as we break it down with a...

Watch Lex Shan's Insight video about the Bay Area's March 2023 real estate market. Here is the data that Lex...

Watch Lex Shan's Insight video about the Bay Area's real estate market.     Here is the data that Lex...

Exciting development and good news for home buyers. Watch this video by Lex Shan. You will get a better grasp of the current Market. And to stay updated, read our...

We are living now fully in the Fall season of 2022. Temperatures are falling steadily, and our parks and gardens are less lush. People are busy planning their end-of-year holidays or finalizing their financial projections and budgets for 2023.  Is such a family and professional environment the right time to consider buying a home? The answer is that yes, it is! There are many reasons why the Fall...

A new normal It's undeniable that the real estate market has been through a very abnormal period since the pandemic started. The graph below shows the % change in pending sales every month from Jan 2018 to Aug 2022. You see a big dip in April of 2020 when the stay-at-home order was implemented. You also see the pending sales dwindling as the interest rate started to rise in 2022. The Bay Area...

A looming slowdown The national housing market is sending signals of a slowdown, including in the Bay Area. As I mentioned in my last blog post, the real estate market fundamentals are changing very fast, and I want to keep you well informed to adapt to these changes.  The trends are changing. More homes are available for sale and potential buyers now have increased negotiation power. In San...

The end of inflation is not near The end of high inflation does not seem to be anywhere near. In June 2022, the rate of 9.1% was the highest since November 1981! This increase is above the forecast of 8.6% that most economists were expecting for this year.  No sector of the economy is untouched. Food, construction materials, and energy prices have gone through the roof. The majority, 71% to be...

Is this housing solution right for you? Finding affordable apartments has become a challenge, especially as inflation continues to affect home and rental prices. This is especially true if you’re a first-time renter, like a student or a new professional. As prices continue to increase, people are looking for smaller apartments to stay within their budget. A popular option for many people is the...