Jeff’s Blog
Homebuyers Regaining Some Leverage
New data released by Redfin shows that homebuyers are regaining some leverage in negotiations as the housing market slows. The Redfin report shows that U. S. homes purchased during a four-week period in August, on average, sold for less than what sellers were asking....
Bay Area Home Sales & Price Report – July 2022
Rising interest rates and affordability crunch drag down July home sales and prices, C.A.R. reports. - Existing, single-family home sales totaled 295,460 in July on a seasonally adjusted annualized rate, down 14.4 percent from June and down 31.1 percent from July...
Napa Market Report August 15
The Napa real estate market is shifting, and the buying frenzy has definitely cooled as homes coming on the market for sale are outpacing the number of homes that are closing. Over the past month for the City of Napa there have been 187 homes come on the market for...
California home sales steady in June among drop in home sales price, C.A.R. reports
Existing, single-family home sales totaled 380,630 in June on a seasonally adjusted annualized rate, up 1% percent from May and down 14.4 percent from June 2021. June’s statewide median home price was, $863,390 down 4.0% percent from May and up 5.3% percent from June...
Is the housing market cooling a little?
Housing activity has undeniably cooled. Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average, according to the National Association of Realtors. After a string of steady interest rate increases, mortgage rates fell this week — a mixed...
Do These 8 Things Before Putting Your Home on the Market
Not sure how to get your house ready to sell? Fortunately, there are steps you can take before putting your home on the market to increase your chances of receiving a solid offer from a buyer. How to Get Your House Ready to Sell Stage your home According to multiple...
