With the Autumnal Equinox just around the corner, we look back a great summer. Now to get caught up on the housing market since we’ve took some much needed time off.
On the national level…we gleam this insight from Standard and Poor’s website…
“Home price gains continue to ease as they have since last fall,” says David […]
July is a great month in Belmont as the wind winds down a bit in anticipation of our Indian summer.
We hope everyone had a great Fourth of July weekend and our slightly warmer than usual weekend.
If you are interested in the local microclimates in Belmont you can visit Weather Underground’s web site where folks like […]
In the summer of 2007 our preferred lender Steve Herbert from the now defunct Washington Mutual called for an emergency meeting in our Belmont office. His agenda, the sky was about to fall on the lending industry. Of course what followed was the collapse of dozens of financial institutions and decline in the housing industry […]
Belmont Home Values for 2013–A Market Re-Cap
This year-end summary is where we bring you the re-cap for Belmont Home Sales. To say the least, Belmont sellers had a good year. After watching their home values drop for five years in a row (until 2011), they finally enjoyed some relief in 2012 and in 2013 as […]
Like a marathon finish before the New Year, Belmont’s home sales hung in there for at least one more month as October’s home sale statistics showed little signs of distress.
It’s actually amazing for us to see just how strong the market is going into what is typically a seasonal slowdown period.
In order to make any […]
Multiple Offers and How to Win the War
With increasing bidding wars in real estate, bidding on a home in the Bay Area can be a challenge at best with exceedingly frustrating closer to the norm. It’s reminiscent of the ugly Cabbage Patch Doll fights that broke out in department stores in the early 1980’s where there […]
Are home values near the top? Thus far this year the media focus has been to highlight the hot local housing market. Now it seems they are looking for any signs of it faltering to present a new angle. And in deed you may have already heard the recent reports from Case-Shiller and others indicating […]
Now that the media is hyping our local market once again with horror stories of multiple offers, and media proclaimed “Bidding Wars”, our attention turns to watching for signs of a change in the tempo of sales and/or over asking offers. Everyone knows the Peninsula housing market is red hot, and has been for more […]
The price of homes in the Bay Area rose 25% or more in the last year. So how does one cope with the rising tide of home values? For that, we offer you a new way of looking at the circumstances.
When gas prices shot up close to $5.00 per gallon a few years back, a […]
One would have to be living under a rock to be oblivious to the reports of the hot Bay Area housing market. The San Jose Mercury released the headline yesterday that in the nine Bay Area counties the median home price rose 33% year over year this June.
June of 2012 was about the time we […]
