"August is like the Sunday of Summer." -- Kelly Dwyer Growing up, I didn't particularly like Sundays because it meant that the next day will be Monday--a school day. Now, as an adult, I love Sundays! I get to spend time with my wife and daughter. Then, the next day, my week resets and I [...]
We are already halfway through summer! I'm here to bring you an update on June's market activity. Inventory Trend First of all, let's check the inventory trend. According to the data collected by the California Association of Realtors, the Bay Area housing inventory is hitting an all time low at 1.4 months of supply in [...]
California has officially re-opened! We saw a lot of ups and downs this past year and the housing market was no different. Now that it is summer time, are you staying in town to shop for a new house or joining the crowd for some "revenge travel"? For those of you who chose to stay [...]
The first day of the summer solstice for this year will be on Sunday 6/20, which happens to coincide with Father's Day. As we approach the official summer date, here's how the Bay Area housing market is looking. As prices continue to climb 10%, 20% and even 30% year over year, many of you may [...]
If you are in the market for a home in the bay area, you are definitely one of the better offs. As prices continue to climb, a bright prospect of more and more of the economy opening up, this year's Spring housing market is expected to be quite hot. Data from CAR.org In California alone, [...]
San Francisco Bay Area Market March 2021 Update With the daylight saving spring forward and the warmer weather, it definitely feels like we are out of the winter season completely. The real estate numbers seem to reflect the same. Sales volumes and prices are up in almost all counties in the Greater Bay Areas with [...]
It's the time of year when everyone is looking for some housing market prediction of 2021. Instead of the monthly market update, I'm throwing the boring numbers aside and want to write about my 2021 real estate market prediction. If you are so addicted to monthly number, you can still find the January sales number [...]
"Winter is coming" no longer carries the same chill as it did as Jon Snow famously said it in Game of Thornes. This winter, the real estate market is not cold at all, at least not for single family homes. Our clients took a short break during the Christmas-New Year and came right back into [...]
Do people still care about winter real estate prices? Well, the data shows that people do, as evidenced by the fact that you are also reading this post. Let's dive into the numbers. Various markets' prices are holding up from October, while most markets saw a drop in sales quantity. This is a sign of [...]
Looking at the home prices of October, it's as if bay area home buyers weren't deterred by the uncertainty of presidential election. Median home prices generally see a substantial increase from 5% to 17% year-to-year, consistent with the previous month's. In terms of the winter inventory, California Association of Realtors reported the demand outpaced the [...]
by Lex Shan
