The Homeownership Challenge in California If you’re a renter in California dreaming of homeownership, you’ve likely been hit with some daunting numbers. In 2024, the median home price in California has reached approximately $838,200, which is nearly double the national median home price of $439,455. California's housing market has seen a price increase of about 6.9% compared to the previous year,...
The Hidden Truth About New Construction Home Sales (Bay Area Edition) Imagine this: You're cruising through a vibrant Bay Area neighborhood, envisioning yourself in one of those sleek new homes. The sales office welcomes you with open arms, promising a seamless experience and your dream home. But is it really that simple? As experienced Bay Area real estate agents, we've seen firsthand how the shiny...
Wishing You A Happy Holiday Season! Wow! What a year! 2021 was one of our biggest ones yet! Our small, minority, and women-owned business has grown tremendously and we predict that 2022 will be even bigger! We have nearly tripled the number of employees over the past 12 months (pictured here are just a few of us!). Our dedicated staff members take ownership of their roles, making all of our services a...
Fall is in full swing! As temperatures drop and the rain fall begins, we shall be seeing changes in the real estate housing market. This year, you may have noticed a pumpkin shortage and price inflation due to the California drought and lack of labor. The haunting news regarding this seasonal item may have scared you, but that may not be the only spine-chilling fact. Here's a look at September's...
Fall is officially here! Now that the kids are in school, the air is crisper, and PSLs are in full swing, what does this mean for the real estate market? Autumn has historically been a busy time in the industry for the Bay Area. This year, as we continue to face challenges set forth by covid-19, we are seeing sales constrained by low inventory. Are potential homebuyers still looking? Is the inventory going...
The pandemic has truly caused much headache for Bay Area dwellers. A rush of residents moved out of the Bay Area last year, some returning to their home states and some fleeing to less expensive cities. Because of this, many condo units went on the market. Veteran renters snatched up condos and became first time homeowners. But, is a condo the right type of property for you? If you are considering a condo...
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 wonder if the housing market is ticking timebomb like in 2006. My take on this is, no it's not. First-time...
by Lex Shan
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, one interesting fact (as noted in the chart above) is that the higher price segments are seeing a much higher...
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