Worried About Interest Rates? Just Be Glad It’s Not the 1980s
Rising interest rates are a real concern today, but a recent blog post on Freddie Mac’s website helps put the topic in perspective. The average interest rate on a 30-year, fixed-rate mortgage this week was 4.4 percent, up from 4.32 percent last week … 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
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
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
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
Survey: Americans Give Their Homes High Marks
Most Americans are happy with their living arrangements, with 71 percent rating their homes highly – from eight to 10 on a 10-point scale – and 29 percent giving their homes the “best” rating of 10, according to a broad … Continue reading
Enthusiasm in Marin Market
The first two weeks of January we are noticing unprecedented enthusiasm in the market as buyers are sensing that we are at the bottom. There is a notable lack of seller inventory and a pent up demand for buyers who … Continue reading
