Archive for March, 2024

A Real Estate Professional serving Silicon Valley since 1993 | Happy April Fool’s Day

Posted on March 31st, 2024 in Uncategorized | No Comments »

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed.
It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market!
Dream on… Happy April Fool’s Day!

A Real Estate Professional serving Silicon Valley since 1993 | Happy Easter

Posted on March 30th, 2024 in Uncategorized | No Comments »

Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related games such as egg rolling and egg decorating.

A Real Estate Professional serving Silicon Valley since 1993 | California Cities Lead 2024’s Fastest Home Sales

Posted on March 29th, 2024 in Uncategorized | No Comments »

As of 2024, California cities emerge in Stacker's list of metros with the fastest home sales.
Bakersfield
– Median sale price: $355K
– Total homes sold: 514

Stockton
– Median sale price: $515K
– Total homes sold: 367

California Mortgage Relief: Eligibility Expanded

Posted on March 25th, 2024 in Uncategorized | No Comments »

California extends Mortgage Relief Program, providing up to $80,000 in assistance.
Aimed at homeowners with missed property taxes, late mortgage payments, or pandemic-related financial hardships

A Real Estate Professional serving Silicon Valley since 1993 | SF-Mountain View Neighborhood

Posted on March 22nd, 2024 in Real Estate | No Comments »

A Real Estate Professional serving Silicon Valley since 1993 | Fed Keeps Key Interest Rates at 5.25% – 5.5%

Posted on March 21st, 2024 in Interest Rate | No Comments »

Fed keeps key interest rates at 5.25% – 5.5%, highest in 23 years.Fed plans 3 rate cuts this year, but waits for inflation to fall more.Inflation is still high, Fed predicts it won't reach 2% target until 2026.

Maximizing California Property Sales: Comprehensive Guide

Posted on March 20th, 2024 in Real Estate | No Comments »

Market overview: Declining inventory, stable demand, and rising home prices in California.
Factors to consider: Lifestyle preferences, family impact, tax implications, and financial planning.

More homeowners feel like it’s the right time to sell

Posted on March 19th, 2024 in Economy | No Comments »

Consumer sentiment toward housing improved for the third consecutive month, with optimism about home selling conditions rising. The Home Purchase Sentiment Index increased, showing a positive trend in the housing market. Expectations of lower mortgage rates and increased home sales are predicted for the upcoming year.

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Signs Your Home Will Drop In Value in 2024

Posted on March 18th, 2024 in Real Estate | No Comments »

Predicting future home values is challenging, but certain signs can indicate a potential decrease. Economic downturns, oversupply of homes, changes in neighborhood appeal, rising interest rates, and environmental factors can all impact property values. Being aware of these indicators can help homeowners prepare for potential market value changes.

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Santa Clara County Commercial Property Owners May See Tax Relief Amid Market Distress

Posted on March 16th, 2024 in Trends | No Comments »

Santa Clara County commercial property owners facing market challenges may receive tax relief through an early Proposition 8 review process by the County Assessor's Office. The office aims to address the distressing market conditions by temporarily reducing assessed values for properties experiencing declining market values. Owners have until August 1 to apply for relief, with detailed documentation required.

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