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 […]
There are new rules for taxes on home sales you will want to understand. We know taxes are not the most sexy subject, but they’re important for one to understand when it comes to the disposition of real property assets.
First, what is FIRPTA? The IRS defines it as the, “Foreign Investment in Real Property Tax Act […]
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 […]
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 […]
Don’t Wait—Beat the Crowds and Buy This Winter
We’ve been saying this for years, the best time to buy a home is when it’s not the best time to sell–and the statistics back us up. But we’re not telling you anything you shouldn’t already know. However, there’s even more compelling reasons this year, with the much ballyhooed talk […]
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…
Belmont home sales (the number of homes […]
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 […]
When is the best time to sell my home is perhaps one of the top five questions we are frequently asked. On my desk I have a crystal ball—literally. And often when I am asked to venture a guesstimate as to how the real estate market will perform, I simply stare down at the glass […]
How to Buy a New Home and Keep Your Tax Base. If you’ve thought of moving but are frightened at the prospect of a property tax increase we have a few propositions for you—60, 90 and 110. You may already be aware of these but we have some new information which might make them more […]
This you already know: Parents want to send their kids to good schools. So that’s why they flock to neighborhoods—sometimes paying hundreds of thousands more to live there—that purport to have them. But what does “good school” really mean? Is it really all about the test scores?
Increasingly, educational experts say: not really. These days, many […]