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 […]
Fed Up Buyers Take Action
Buyers, tired of multiple offers, are forming an alliance in an effort to alter the current inequitable supply and demand of housing inventory. Known as Buyers Usurping Real Property, or BURP, Their grass roots movement is gaining momentum as their “just sit on the fence” attitude is resonating with other frustrated […]
Are Home Prices Rising Too Fast?
DAILY REAL ESTATE NEWS | MONDAY, APRIL 15, 2013
Some housing analysts are concerned that the sudden rise in home prices could make homes more unaffordable again if the price increases outpace income growth, The Wall Street Journal reports.
Average housing costs for home buyers who took out a mortgage were around 22.5 […]
It seems there’s even more pent-up demand for housing than there was after the 1989 housing crash. The lower than usual interest rates is undoubtedly a contributing cause for the frenzied activity but what else is creating the stratospheric rise in housing activity?
It’s becoming a common event for a home to have 10-20 offers submitted […]
Another new listing in Belmont for April 20th 2012
If you’ve missed this spot it’s not too late. Making a price reduction quickly can thwart the dreaded doomed house syndrome tip the scales your way and bring a fresh batch of buyers to the bargaining table.
With the real estate landscape changing almost daily it’s admittedly hard for Real Estate Agents and Lenders to keep up with all of the new programs and limitations. Recently, you may have heard on the news or read in the media about the $8,000 tax credit extension for first-time homebuyers. But are you aware you may easily […]
We thought we'd update this graph depicting the median price in several peninsula cities. Note that while in Q4 of 2007 the median price in Menlo Park was still rising, it had started to fall off dramatically in Daly City. Prices appear to have hit bottom–for now. The real estate landscape has changed so dramatically […]
As part of our Real Estate REVEALED series we answer another Frequently Unasked Question in our latest Podcast—how do you know when a home is priced right? In addition to this latest Podcast, we’ve added a web page that makes finding the entire series of archive issues in one place.
Podcasts
Drew & Christine Morgan
"Helping People […]
Belmont’s housing market is experiencing slower than usual seasonally adjusted sales as other harder hit areas in our nine county region are experiencing large increases. This sounds worse than it is as Belmont’s home values are holding up rather well.
Listen to our Podcast to get a review of November’s housing market nuances.
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NEW LISTINGS
1309 […]
