The Market
For owners at Santana Row, the potential to get back over $1000/SqFt is strong with any market pickup. For buyers with eyes on getting into the most well-known community in the South Bay, with rates low, now is an opportune time to do so.
What if we've hit the peak? We’ve been accustomed to there being no such thing as the Top Of The Market in the Bay Area, California for a very long time. Desirability has been at an all-time high since the dot com boom, the quality of life in the Bay is better than most other parts of the country, and 18 of the world’s Fortune 500 companies have their HQ in the San Francisco Bay Area.
According to the Federal Housing Finance Agency (FHFA), your individual situation will determine your eligibility, whether your monthly mortgage payment will be reduced or paused, and how long the relief will last.
The 88 had a total of 13 sales in 2019 and just 10 in 2018. While 2018 consisted of just 3 2-bedroom units sold, 2019 saw significantly more opportunity to land one of 8 2-bedroom sales at the first sign of lower prices year over year since a slight dip from 2015-16 and before that since 2012.
It is imperative that listing agents fight to retain pre-coronavirus values in all properties selling this month and next. All it takes is one listing to sell for 5-10% below BC value to set the trend of a devalued real estate market.
Axis has seen an average of 20 units sold each year over the past 5 years. 2018 at Axis resulted in just 13 sales and 2019 saw the second-lowest number of sales in the past 5 years.
When the market is on fire and there are multiple offers on nearly every property, getting a ‘deal’ may mean getting your offer accepted at all. There are no gifts in this market.. the bright side of these rapidly appreciating values is that, from the time you get your offer accepted to when you close escrow, you may have already gained some equity.
With the internet dictating how people find homes, there is a baseline amount of exposure the home will get simply by being on the market and the listing is published on the big sites buyers use to search for homes. But is it turning heads?
While condo communities and complexes often allow buyers to get a bit more size or a better location than they would be able to afford in the single-family home market, the concern is valid. People want to know if getting a condo that suits their needs is going to pay off in the long run - especially when compared to buying a single-family residence (SFR) that may be smaller or farther away.
There are major companies being financed to attempt to swallow up the home buying and selling market-based solely on how much (or how little) they are charging. As margins for agent services become increasingly razor-thin, we’re seeing a trend in which agents don’t really care about clients - because they increasingly deal in volume. Thus, who is really winning in this situation?
Kicking off 2020, San Jose’s real estate market is rapidly shifting and showing strong signs of returning to the ever familiar seller’s market from 2013-2018 with buyers galore and inventory lacking across all neighborhoods in virtually every price point.
How to buy discounted property in San Francisco. Play the market timing to your advantage.
As of January 1st, 2020, the entire state of California will be rent-controlled. Assembly Bill 1482, signed by California Governor Gavin Newsom this week, mandates a 5% limit to rent increase year over year, in an attempt to decrease evictions and retain affordability throughout the state.
For realtors, buying a client a birthday card or muffin basket was once considered to be superior service. Such gifts are now largely consigned to the past, as virtual and augmented reality offer realtors a futuristic way to add value to prospective buyers.
What’s a pocket listing? The irony is, off market listings account for a good percentage of sales in most major markets around the U.S. with up to 30% of condominiums selling off market in San Francisco.
Waterfront living in San Francisco exists, and it isn’t as expensive as you think..
Home Owners are cashing in on Ardens first wave of re-sale.