RE/MAX

Shifting Market in Play

By |December 17th, 2016|

NOTE: Shifting Market in Play is an article we did for the Examiner in December, when asked to comment on 2016—A Year in Review: This is a link to the original article.

In order to understand our current housing market, one must appreciate that markets are constantly in flux. In our town of Belmont, we looked […]

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Local Housing Market Shows Signs of Change

By |October 26th, 2016|

BELMONT (AND BAY AREA) MARKET SHIFT

In order to know what changed in our housing market, one must understand that markets are constantly in flux, it’s just hard to see when you are in the middle of one—sort of like being in the eye of a hurricane. We looked at home sales in Belmont and compared […]

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Days on the Market—What’s in a Statistic…

By |September 24th, 2016|

How long it takes when selling one’s home to get into contract is one of the most nerve racking periods during the home sale process—for sellers, but how long should it take to sell a home?

Don’t gamble on the outcome. Our study shows that selling a home too fast or having it take too long can be […]

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Belmont Home Sales Suffer From A Stall

By |July 18th, 2016|

Belmont home sales this June suffered from the stall we predicted in this post back in May.

Comparing Belmont July of 2015 sales statistics to July of this year, they might look rather benign, but when you look a little deeper, you can see indications of what could be a slowing trend.

There were only two more […]

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Homeowner’s Face Mandatory Upgrades

By |July 13th, 2016|

Homeowner’s face mandatory upgrades as the state legislature has determined that it’s time for us all to remodel our bathrooms. Well, not just bathrooms, actually any part of your home that contains older plumbing fixtures. Now there’s no excuse to put off that bathroom upgrade you so desperately needed. Of course, everybody knows that changing […]

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Making Heads or Tails of The Housing Market

By |April 10th, 2016|

Making Heads or Tails of The Housing Market

Whenever the real estate market has been heading in an upward or downward direction for an extended period of time, people naturally begin to question when the current trajectory will end—and we are not immune to that natural tendency.

We live in Belmont and our real estate office is in […]

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Free Solar Panels May not be Such a Bright Idea

By |March 12th, 2016|

Solar power leases may have pitfalls. We’re seeing more and more solar panel popping up on home these days and with them come issue when trying to resell one’s home. Studies have suggested that the addition of solar panels on a home can boost a home’s value. But sometimes those solar panels can sabotage a deal […]

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How Low Can Housing Inventory go?

By |February 24th, 2016|

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 […]

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New Rules For Tax on Home Sales

By |February 24th, 2016|

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 […]

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Are December Home Values Real?

By |January 22nd, 2016|

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 […]

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