MorganHomes.com. Drew & Christine Morgan Months Supply of Homes

Housing Market’s Unbearable Heat

By |June 10th, 2021|

The Bay Area housing market is as hot as it’s ever been for sellers, but the real heat is on buyers to get a home as throngs enter the market. It’s no longer race to get a home, it’s a marathon.

Frustrated buyers are using low interest rates which have empowered them to bid higher in […]

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Pandemic Sees Surge in Housing Need

By |March 5th, 2021|

All statistics point to strong housing growth 2021 thus far.

WHAT PROPOSITION 19 MEANS FOR YOU, WHETHER YOU OWN A HOME OR NOT…

By |December 2nd, 2020|

Remember all of those propositions on the November ballot? Number 19 won, and might prove to be your winning number as well…

Some background

Prop. 13 set initial tax assessments on property values beginning in 1978.   

Ad valorem property taxes are currently limited to one percent of a property’s assessed value, plus any voter-approved local taxes such as […]

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Belmont’s Month’s Supply of Homes

By |August 4th, 2008|

The month’s supply of homes is a great indicator of whether it’s a seller’s or buyer’s market, and how bullish the market is in general. This barometer is calculated by dividing the number of homes available for sale by the number of sales per month.

We’ve tried to smooth out monthly anomalies by taking a […]

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