First Time Home Buyer Tips Why You May Want To Start Your Home Search Today If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers are making […]
Mortgage Tips and Strategies What’s Actually Happening with Home Prices Today? One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge is […]
Market Trends What Would a Recession Mean for the Housing Market? According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a recession in the […]
Commercial California Issues Guidelines for More Pandemic-Related Retail Openings Rules Also Cover Manufacturing, Logistics and Other ‘Low Risk’ Locations Serving Stores California Gov. Gavin Newsom announced guidelines allowing low-risk retail and industrial facilities to reopen starting Friday. (Gage Skidmore/Flickr) By Lou Hirsh CoStar News May 7, 2020 | 05:47 P.M. California officials issued second-stage guidelines intended to put more retail, logistics and manufacturing companies on […]
Commercial Office Sublease Availability in San Francisco Jumps By 1 Million Square Feet in 2020 CoStar Insight: Further Rise Expected as Tech Firms Slash Payrolls By Jesse Gundersheim CoStar Analytics May 7, 2020 | 02:20 P.M. If you’re currently looking for office space in San Francisco, there’s a good probability that you’ll be considering a sublease option. Roughly 30% of the available space in the market is listed for sublease from […]
Commercial Plunge in Bay Area Leasing Activity Highlights Challenges Moving Forward CoStar Insight: Weekly Figures Showcases Coronavirus’ Effect on Retail Sector By Marco Cugia CoStar Analytics May 6, 2020 | 01:13 P.M. The unprecedented drop seen in new leasing activity around the San Francisco Bay Area is hardly surprising given the limitation on the population under the current shelter-in-place order, which went into effect on March 17 […]
Commercial Retail Loan-To-Value Levels On Steadier Footing Heading Into Economic Downturn CoStar Insight: Retail Properties Facing Major Headwinds, But Debt Levels Are Lower Than Just Before Financial Crisis Retail investors and lenders have been far more conservative in recent years compared to the years leading into the Great Recession. (CoStar) By Marco Cugia CoStar Analytics May 5, 2020 | 02:56 P.M. Retail properties are expected to have […]
Commercial California Moves to Let Next Wave of Retailers Reopen in Pandemic Governor: Clothing, Sporting Goods, Flower Stores to Sell Items Starting Friday Gov. Gavin Newsom said counties in California are being given more leeway to decide the pace of business openings based on local circumstances, provided they file contingency plans with the state. (Getty Images) By Lou Hirsh CoStar News May 4, 2020 | 03:51 P.M. Gov. […]
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Buyer Tips & Strategies Diving Deep into Today’s Biggest Buyer Concerns Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad time to buy” hit […]
Mortgage Tips and Strategies What You Should Do Before Interest Rates Rise In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’s […]
Market Trends 3 Charts That Show This Isn’t a Housing Bubble With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone could […]
Buyer Tips & Strategies Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too? Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs. Working from Home Isn’t a Passing Fad Before the […]
Buyer Tips & Strategies Today’s Real Estate Market Explained Through 4 Key Trends As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage […]
Buyer Tips & Strategies 3 Hot Topics in the Housing Market Right Now If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and Innovation The past year […]
Buyer Tips & Strategies A Look at Housing Supply and What It Means for Sellers One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and likely, more offers. […]
Foreclosure Help 4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households […]
Buyer Tips & Strategies Home Sellers: There Is an Extra Way To Welcome Home Our Veterans Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65% during 2018 through 2019…The share of VA-guaranteed loans has also decreased […]
Buyer Tips & Strategies Key Questions To Ask Yourself Before Buying a Home   Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy […]
Buyer Tips & Strategies With Rents on the Rise – Is Now the Time To Buy? According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than 1% from month to month. In May and […]
Market Trends Sellers: Make Today’s Home Price Appreciation Work for You Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last? Here’s what three leading industry experts […]