Here you will find the updates I put out about the market and the changes we are seeing.
As a follow up to last week’s market update, today, I want to show you some data from the California Association of Realtors (CAR) which I found absolutely fascinating. The general trend? Things are definitely getting better and there’s some really good data that indicates very positive things–but don’t celebrate just yet.
Bay Area Real Estate Market Update 2021 – Don’t Celebrate Just Yet! Read More »
Inman, a real estate news publication that talks about real estate industry-related news, recently put out a series called “Bubble Trouble.” This series shared four stats that will give us hope and four stats that won’t. In this market update, I’m really excited to share with you some of those stats that I found really interesting, as well as some anecdotes about what I see on the ground in this local market so let’s get into this!
Bay Area Housing Market Update Q2 2021 – Bubble Trouble?? Read More »
Today, we’re going to talk about something a little different than what we usually talk about—the distinction between market price and market value. I wanted to do this as sort of a market update because I think it’s a really important psychology that you need to understand if you’re going to enter the real estate market as a buyer, seller, investor, or even a renter. Right now in our real estate market, these two things are in a real big conflict, and it seems like one is a little bit out relative to the other.
Market Price Vs. Market Value | Bay Area Market Update Q2 Read More »
“A housing bubble is started by excessive demand, then it leads to inadequate supply, and then exuberant spending really pushes and inflates the housing bubble further.” With all these bidding wars in our market, everyone’s been wondering when is the bubble going to pop? Unfortunately, I don’t have the answer to that. But what I do have is some evidence and some anecdotes to share with you today—more specifically, about exuberant spending—that will give us a better view of what’s really happening with the health, or lack thereof, of our market.
Exuberant Spending | Bay Area Housing Market Update Q2 2021 Read More »
I am seriously nauseous from this market. It’s out of control. In this market update, I want to talk about some of the things I see on the ground– some actual stories of bidding situations that I’ve been in personally through representing buyers and sellers. Let’s also talk about the mortgage interest rates, specifically, how they’ve gone up and what that’s actually done to our real estate market. Let’s go.
Last Wednesday, ABC7 news anchor Reggie Aqui invited me over to his show to talk about the state of real estate in the Bay Area. Are we in a real estate bubble? Here’s a summary of what we talked about and what buyers and sellers in the Bay Area really need to know.
Real Estate Bubble: Are we in one? Here’s what buyers and sellers should know Read More »
What the f—? A couple of months ago, I put out a video on YouTube talking about the housing bubble and how I didn’t think we were in one. At the time, I had some good reasons to think that. However, the numbers I was just looking at, and some anecdotes that I want to share with you have me feeling different today. So today, I’ve got two stories and a little bit of data that I want to share with you which I think you will find interesting. Hopefully, this will be able to help you make a good decision when it comes to buying or selling your home.
I think WE ARE in a housing bubble | Bay Area Housing Market 2021 update Read More »
Something in yesterday’s Alameda Journal just caught my attention. It’s an article out of the December 18 edition called “Renter’s Hunt for Deals and Short-Term Commitment.” Why do we care? It’s renters. It’s not homeowners, it’s not buyers, not interest rates, right? Here are the things I got from the article and my Bay Area Real Estate Market 2021 Prediction.
What is home? A simple question with a very complex and varied answer depending on who you ask. And while it might seem that this discussion belongs in the “Personal Stuff” down below, it’s my opinion that the way people are answer this question for themselves is really driving East Bay’s housing market. Let me explain.
As we have all experienced, the Pandemic has changed nearly every facet of our lives. From how and when we shop to who we see to what we wear, it’s all our new normal. Jobs, offices, commute, and lifestyle have obviously not escaped the grip of change that comes along with this new normal.
As recently as last year, late September is usually the time that things start to slow down and start to sleep as we approach the holidays. As we get closer to October, there is typically less buyer activity and less inventory. This year, however, the air has just recently cleared out and instead of things starting to slow down, it seems like we’re actually picking up a bit. For today’s post, I will be giving an East Bay real estate market update for late September 2020 and share with you the reasons why we’re seeing a different trend.