Red hot California November Real Estate sales may have cooled from October, but overall continued its uphill trend with NorCal and the Central Valley seeing 8.5% price growth! That’s a huge increase from last year. How do you think 2017 will fare?
Tag: California Housing
California Rated Worst Market for Single-Family Rental Investors
A combination of high demand, low inventories and rising property prices means that California is now home to seven of the top ten worst markets for investing in single-family rentals. My experience is that renters can’t believe renewal rates, even when they have a great history of paying rent on time and keep work orders to a minimum. Read more here—>
California July 2016 Home Sales Report
June, July and August are considered peak sales months for real estate so it is a surprise that sales cooled in July of this year. As VERY strong demand in rentals persists, this might be an early sign of buying demand weakening by California house consumers.
California June 2016 Home Sales Report
California real estate moves higher in June. Is the economy getting stronger or is lending getting easier?
California May 2016 Home Sales Report
May sales moving higher, California real estate getting hotter into summer!
California April 2016 Home Sales Report
Take a look! Home pricing is getting MORE expensive! The median price of a home has now reached over $500K statewide! What is driving the growth in pricing? Take a closer look! Sales of single family homes DECREASED from last year and the previous year! From my conversations more homeowners are staying put, making housing more scarce and driving prices of existing homes higher. Many homeowners are taking advantage of lower property taxes by holding onto what real estate they have instead up trading up or down. Questions? Email me for more assistance on how to buy or sell a home in this market!
California March 2016 Home Sales Report
California February 2016 Homes Sales Report
California January 2016 Home Sales Report
2008 Housing Bubble Explained
This is an honest explanation of how the 2008 housing crises was able to happen from a home buyers perspective and challenges traditional thinking about buying houses as investments.2008 Housing Bubble