Watch Lex Shan's Insight video about the Bay Area's 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...
How to Minimize Security Deposit Deductions When Moving Out Minimizing security deposit deductions when moving out of a rental property is crucial to ensure you receive the most money back. Here are some steps you can take to help protect your security deposit: Review your lease agreement: Before you start the move-out process, thoroughly review your lease agreement to understand the specific terms...
As many know, California's Department of Financial Protection declared Silicon Valley Bank (SVB) insolvent on March 10th. The same Department named the FDIC as a receiver. Although SVB was better known for financing tech companies, this financial institution was also a significant mortgage lender, and its collapse may affect the Bay Area’s real estate market. A brief history of SVB SVB was...
The best season for real estate Spring is often considered the best season for homebuyers. In fact, 40% of all home sales occur between April and July. Â There are several reasons for this to happen: Better weather conditions: Spring is when the weather is usually mild and pleasant. This means homebuyers can comfortably visit open houses and take tours of properties without worrying about extreme...
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...
Eviction moratorium instituted in Alameda County are laws put in place to protect tenants from being evicted during specific periods, such as during the pandemic. The purpose of these laws is to ensure that people have a safe and stable place to live, particularly during times of crisis. While these laws may have positive effects for tenants, they can also impact landlords who rely on rental income to pay...
A demanding career choice As a career choice, real estate is very demanding. Not only do you have to manage many essential details. You also have to mix your needs with those of your customers and the brokerage firm you work for. Realtors learn that there is little you can do about customers. Each home seller and buyer are different and have very particular needs, schedules, and situations that...
A massive challenge for every Californian Californians have a huge challenge when they want to become homeowners. The average home price in our state is $760,800, significantly above the national average of $428,700. In the Bay Area, it is even worse: $1,084,500 is our regional average. With these numbers, becoming a homeowner for the first time might seem nearly impossible. On top of that,...
A family-only project no longer Buying a home is a big decision and usually involves a couple or family. This is because the family life cycle usually triggers housing investments: from an apartment for a young couple to a large house with a backyard for a growing family to a condo in a sunny destination for retirement. Family is the biggest motivator for home buying. So, it might be a surprise...
The "slow" months for real estate are here! Winter will officially begin in our part of California on December 21, 2022. We all have noticed lower temperatures and an end-of-year mood and decorations. We tend to think Winter is a slow season for real estate sales. But a tight inventory of homes across the country, especially in California, has changed market trends. And there are some reasons why...
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