U.S. HOME PRICE GAINS BEST SINCE 2005

Home prices across the nation grew year over year for the 22nd straight month and saw the largest gains in eight years, according to CoreLogic’s December Home Price Index. “Last year, home prices rose 11 percent, the highest rate of annual … Continue reading

$2 MILLION-PLUS HOME SALES SOAR IN BAY AREA

High-end homes throughout the Bay Area sold at a record pace in 2013, according to a recent article in the San Jose Mercury News. Citing figures from research firm DataQuick, the publication reports that 2,604 homes priced above $2 million sold in … Continue reading

Home Prices Are Rising in Palo Alto’s Popular Crescent Park Neighborhood

With handsome homes situated on large lots but still just a short stroll from happening downtown Palo Alto, quiet Crescent Park is one of the northern Santa Clara County city’s most coveted neighborhoods. Separated from neighboring Menlo Park (and San Mateo County) to the north by … Continue reading

Mortgage Rates Will Top 5 Percent in 2014, Bankers Say

Look for mortgage rates to rise above 5 percent next year and average 5.5 percent by the end of 2015, according to the latest forecast from the Mortgage Bankers Association. Those rates are low when compared with historical levels – which averaged … Continue reading

Americans Staying in Their Homes Longer

Americans today are staying in their current homes longer than at any time in at least the past 50 years, and it’s not just a result of the 2007-2012 housing downturn. Data from the United States Census Bureau reveals that Americans in … Continue reading

Real Estate Roundup: Lengthy Government Shutdown Could Stall Housing Recovery

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious: PROLONGED GOVERNMENT CLOSURE MAY HINDER MORTGAGE LOANS The U.S. government shutdown, which began October 1, could prove to be more than just a temporary annoyance … Continue reading

Real Estate Roundup: Home Prices Post Gains for 17th Consecutive Month

Here’s a look at recent news of interest to homebuyers, home sellers, and the home-curious: U.S. HOME PRICES INCREASE FOR 17TH STRAIGHT MONTH Year-over-year increases in U.S. home prices continued for the 17th consecutive month in July, according to CoreLogic. The company’s … Continue reading

Have Low Housing Inventories Hit Bottom?

Tight supplies of homes for sale have stymied would-be buyers in the Bay Area – and in many parts of California and the U.S. – for many long months. And the shortages have spurred bidding wars, driving up home prices … Continue reading

Remodel or Move Up?

Have you noticed lately how it seems that everywhere you look people are either remodeling their existing homes or considering a new one? Not surprising when you look at what is happening in Marin Real estate. The local real estate … Continue reading

California Housing Shortage Holds Back Sales

A typical seasonal slowdown coupled with an exceptionally tight supply of available homes for sale held back California’s housing market at the start of 2013. Home sales in January were down 6 percent from December and 3.9 percent from a … Continue reading