I've decided to go back to the Keeping Current Matters (KCM) well again this week. The folks over at KCM do a mini-deep dive into rapidly growing home equity throughout the country. Nationally, there was a 6% increase in equity over the past year which - in real dollars - is about $33,000. In California, … Continue reading
(More) Things to Consider When Writing an Offer
Every so often, I run across an article from the folks over at Keeping Current Matters (KCM) that I think is worth sharing. As I'm sure you know, there is a severe inventory crunch within the region making things extremely competitive for buyers. The market is extremely fast and most homes are selling within the … Continue reading
In Memoriam
We Remember, Today and Always We remember and honor those who gave all.
Where are we going? Where have we been?
There's a lot of handwringing at the moment. What's going to happen with the Real Estate market? Are we headed for a crash? Many of the metrics that we traditionally have used are now completely out of whack. When the pandemic shut everything down last March, it also shut down the real estate market. Therefore, … Continue reading
Don’t Expect Another Wave of Foreclosures
Many potential buyers that I speak with often tell me that they are waiting for another wave of foreclosures after the moratorium lifts. According to leading economists at Keeping Current Matters, don't expect a glut of distressed properties on the market this year (or the beginning of next year if the eviction moratorium proposed by … Continue reading
April 2021 Market Update
Every month I feel like I say the same thing. Mortgage rates are still near historic lows, there isn't enough inventory, there are a lot of buyers, housing prices continue to rise significantly. Still in a seller's market... In fact, the median home price in American Canyon rose by 23% and the number of homes … Continue reading
Weekend Book Read for April 9, 2021
Ah yes...best laid plans for a weekly book recommendation. So monthly it is! And to that end, since April is National Poetry Month, I thought that I'd sing the praises of Safia Elhillo's new story, Home is Not a Country. It would be easy to promote The Hill We Climb, because it was so amazing … Continue reading
Are We in a Housing Bubble?
As a real estate professional, it's important that I stay on top of current trends. Keeping Current Matters (KCM) is one of those companies that I follow very closely. Understandably, both buyers and sellers are interested in whether or not we are in a housing bubble. KCM digs deep on a continual basis, looking into … Continue reading
Your Weekend Read
Reading feeds my soul, so I read a lot. I thought that I'd start letting people in on some of the best books that I have the opportunity to read over the course of the year. Some of these are newer titles; some of the titles are classics. I will be reviewing both fiction and … Continue reading
March Market Update
New homes for sale started to bounce back in February. The name of the game for American Canyon and the surrounding areas continues to be a severe shortage of inventory. There are only 5 active homes on the market in AC this morning, only 55 in Vallejo, 47 in Fairfield, 9 in Benicia, and 9 … Continue reading
