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California’s Transition To Electric Vehicles And The Future Of Your Home’s Garage

California’s Transition To Electric Vehicles And The Future Of Your Home’s Garage

California leads the nation Our state is leading the nation again! The state enacted legislation banning the sale of gas-powered cars and trucks after 2035. The motivation of this law is to reduce the emission of gasses that contribute to climate change.  We expect many other states to follow California in this monumental change. The […]

San Francisco Bay Area Market August 2022 Update

San Francisco Bay Area Market August 2022 Update

July is the first month in the recent ten years when all counties median home prices dropped compared to the previous month. In June's data, Solano was the only one that managed to maintain a 1.5% gain Is the economy in recession? The technical answer is yes. It's a widely accepted standard that when the [...]
San Francisco Bay Area Market July 2022 Update

San Francisco Bay Area Market July 2022 Update

The tide is turning. It's becoming more apparent that the seller's market will turn into a buyer's market for the foreseeable months in 2022. June is the 2nd consecutive month where month-over-month sale prices dropped across almost all counties in the bay area. As more media coverage about the home price dropping, more sellers will [...]
San Francisco Bay Area Market May 2022 Update

San Francisco Bay Area Market May 2022 Update

Let's quickly go over April's monthly data. Home prices continue to go up as the Spring real estate season kicks into full gear. San Mateo County, as usual, continues to lead the price scoreboard. On the other hand, Marin County had the highest percentage increase compared to the previous year. In the last month's post, [...]
San Francisco Bay Area Market April 2022 Update

San Francisco Bay Area Market April 2022 Update

There isn't a whole lot of change to the real estate market in the past month. The trend of prices going up continue from last month's trend. Mortgage Demand This month, one of the biggest news is 30-year fixed mortgage interest rate broke 5% for the first time since 2011. Many of our clients are [...]
San Francisco Bay Area Market March 2022 Update

San Francisco Bay Area Market March 2022 Update

Is a Spring collapse coming? As Russia's invasion into Ukraine continued, money flew into the US stock money just as our last month's blog post predicted. This inflow gave temporary support to the stock market. Looking at February 2022's market data, we can see that the % of sales dropped pretty much across all the [...]
San Francisco Bay Area Market February 2022 Update

San Francisco Bay Area Market February 2022 Update

Impact Of The Ukraine Crisis Since Russian forces invaded Ukraine, all eyes around the globe are on this country. Attention is also on how the US will respond to the crisis. Just as most predicted, the US will not have military confrontation with Russia. Instead, the US will only impose the toughest sanctions. As a [...]
San Francisco Bay Area Market December 2021 Update

San Francisco Bay Area Market December 2021 Update

Happy Holidays! We are just days away from Christmas and 2022! Let's take a look at what happened this month in the market. The most significant economic news of December is probably the Federal Reserve's December FOMC meeting. After the meeting, the Fed announced that they would speed up the tapering of the bond purchases [...]