Northern California Real Estate Is Changing. Sonoma Buyers Notice
Thursday, June 04
For the last several years, buying a home in Sonoma County often felt like a race. The goal wasn't necessarily finding the perfect property, the goal was finding a property before somebody else did. Buyers rushed to showings. Offers came in quickly. Multiple offer situations became common. In som...
A Reminder That Mortgage Rates Don't Move in a Straight Line
Tuesday, June 02
Mortgage rates took a small step backward this week after several weeks of improvement. The trigger wasn't real estate related at all. News surrounding the ongoing conflict in the Middle East caused bond markets to react, which in turn pushed mortgage rates slightly higher. Fortunately, the impac...
California Real Estate Is Shifting Again. Here’s What It Means for You
Thursday, May 28
Something is happening again in California real estate, and it is not just another small policy change. It’s the kind of shift that starts quietly, gets discussed behind the scenes, and before long begins to influence transactions across the entire state. Right now, that shift is centered around ...
More Sellers Than Buyers, What That Means for Your Next Transaction
Tuesday, May 26
There has been a lot of noise around the market lately about rates, global events, and just general world economic uncertainty. But when you look at what is actually happening on the ground, the picture is a little different. We are starting to see more activity in the real estate and mortgage ma...
Does Income Determine Homeownership? The Data Says Otherwise
Thursday, May 21
For a long time, the assumption has been simple: The more you earn, the easier it should be to own a home. But when you step back and actually look at the data, that assumption starts to break down. Across major occupations in the U.S., homeownership rates do not increase evenly with income. In ...
The Next Wave of Buyers Isn’t in the Market Yet
Tuesday, May 19
There has been some encouraging movement over the past couple of weeks as rates have started to ease after pushing toward recent highs, giving buyers a bit more breathing room. Though it’s not a full shift and it may not last, it does create a window. Underneath that, there is a much bigger sto...