Local Real Estate Market Reports

Belmont’s Housing Market Woes

By |April 11th, 2017|

Is the local Belmont housing market slowing?

We’re hearing a few rumblings from sellers thinking it might be a good time to cash out before there’s a full market correction. We’ve also heard from buyers that they might try and wait out the market, and see if there’s a decrease in home values anytime soon. And […]

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Housing May Be Approaching Equilibrium

By |January 19th, 2017|

A lot transpires at the end of the year. There are resolutions for the new year, and reflection upon the year just passed. There’s wrapping up the holiday decorations and reflecting upon the celebratory memories.

And then there’s wrapping up the year-end business for us. Surveying what happened in our local housing market and taking a […]

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Shifting Market in Play

By |December 17th, 2016|

NOTE: Shifting Market in Play is an article we did for the Examiner in December, when asked to comment on 2016—A Year in Review: This is a link to the original article.

In order to understand our current housing market, one must appreciate that markets are constantly in flux. In our town of Belmont, we looked […]

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Know What Changed our Housing Market

By |September 1st, 2016|

In order to know what changed our housing market, one must understand that markets are constantly in flux, it’s just hard to see when you are in the middle of one.

We took a look at homes in Foster City for a client recently. The premise was they wanted to know if the housing market was […]

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Belmont Home Sales Suffer From A Stall

By |July 18th, 2016|

Belmont home sales this June suffered from the stall we predicted in this post back in May.

Comparing Belmont July of 2015 sales statistics to July of this year, they might look rather benign, but when you look a little deeper, you can see indications of what could be a slowing trend.

There were only two more […]

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How Low Can Housing Inventory go?

By |February 24th, 2016|

The year is just getting started but already there’s a problem with the housing inventory levels. Belmont’s housing inventory consisted of five homes for the month of January 2016. To put that into perspective, Belmont’s housing inventory has averaged 41 homes a month since 1998. In 2015 the average for the year was 12 homes […]

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Are December Home Values Real?

By |January 22nd, 2016|

Are December Home Values Real? Can we trust what we hear?

Being REALTORS, we’re used to being asked “How’s the market?”, but never more than during holiday social events.

Real estate is the topic of conversation at a lot of social gatherings—we overhear conversations when we are out and about quite frequently. Usually it’s one person telling […]

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Belmont Housing Forecast—-Are We in For Another Bubble?

By |January 8th, 2016|

2015 Real Estate in Review and 2016 Forecast–Are we in for another housing bubble?

Our Peninsula housing market certainly has a life of its own.

While the nation’s housing sector has been slow to climb out of the doldrums, the SF Bay Area housing sector has been catapulted into the stratosphere fueled by historically low interest rates […]

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Belmont Home Sales Drop, But Values Rise

By |November 5th, 2015|

Any way you slice this month’s statistics for Belmont home sales, seller’s really made out this October.

October is historically not a great month for home sales, but in recent years with warmer fall weather, it’s been possible to market homes well into the winter months.

Let’s look at the numbers for October 2015…

 

SALES

Belmont home sales (the number of homes […]

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Uncertainty in the Housing Market

By |October 17th, 2015|

October brings to mind images of Jack-O’-Lanterns, will-o’-the-wisps, spider webs, creative costume expressions on All Hallows Eve, and the gentle stir of leaves falling from the trees. But there’s more rustling around in the wind than dry leaves right now—it’s the sound of uncertainty in the housing market. Are we headed for a crash? Or […]

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