Our market peaked in May of 2022, began a slow slide until it hit bottom of that year in November, before regaining its traction and the slow pace of recovery.
Though the landscape may appear bleak to some, to others, doors have opened to greener pastures offering new market opportunities.
We guessed correctly that around this time, home prices would start to look more like they did a year ago than two years ago.
Looking in the rear-view mirror, home prices hit their all-time high in April […]
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’s Property Values: A Rollercoaster Tale of Nosedives and Siesta Regrets
All about Real Estate, The Lounge--Rants, Commentary & More
Belmont’s Property Values: A Rollercoaster Tale of Nosedives and Siesta Regrets
By Drew Morgan|August 21st, 2023|
It's just like hopping on a roller-coaster, but with a twist of real estate drama!