Market Statistics
Feeling HOT, HOT, HOT!
It was a very busy Spring after the rains. Demand continues to outpace supply so Buyers must be alert and decisive. Sellers are wise to make a great first impression and price competitively to capture the most interest. Duplexes, condos...
Will Mortgage Rates Fall in 2016?
Not necessarily says Peter Miller in his thoughtful piece included below. Assuming conflicts in the Middle East remain contained, oil prices stay low and interest in Europe and Asia remains low, there will continue to be an influx of dollars t...
2ND HALF RESULTS – 2015
Check out all the latest real estate news from in and around the neighborhood!
Tax-Saving Strategies
What Are Propositions 60 and 90? These propositions provide a one-time property tax benefit by preventing reassessment when those 55 years or older sells his/her existing residence and purchases or constructs a replacement residence worth ...
“Price per Square Foot” is often misleading
Recently our team has had many discussions with home sellers and home buyers on this topic. We have cautioned all in how it should and should not be used when assessing value. This qualitative metric is a fanastic tool to compare like p...
2014 Year End Update
2014 PRICES SURPASS LAST “PEAK” The luxury market drove the market in 2014. There were 90 sales over $2MM versus 53 in the prior year. The average price per square foot was up over 12% largely due the mix of more renovated houses. 11 ho...
Is there seasonality to sales?
On listing appointments we are often asked by prospective Sellers whether there is an optimal time to list a property. Frequently the most salient question should be: "When does actually works best for YOU, the Seller?" Remember ofte...
