Archive for December, 2024

Bay Area Housing Market: Prices, Trends, Forecast 2024-2025

Posted on December 17th, 2024 in Uncategorized | No Comments »

The Bay Area housing market remains strong, with significant year-over-year price increases and robust buyer interest. In March 2024, the median sold price for single-family homes reached $1,386,500, marking a 15.5% rise from the previous year. While sales activity surged 31.7% month-over-month, there was a 5.4% decline year-over-year. Regional trends show varying price increases across counties, with Marin County experiencing the highest growth. The market is slightly favoring sellers, but experts do not predict a crash, citing strong economic fundamentals and ongoing demand.

Continue to full article

Why Buying a Home in California Outweighs Renting | A Real Estate Professional serving Silicon Valley since 1993

Posted on December 16th, 2024 in Uncategorized | No Comments »

With a rental cost of $161 per 100 sq ft, California has one of the highest rental prices in the US, with avg rents ~$3K/mo.
California homes are spacious, averaging 1,860 sq ft, but buying a home offers better long-term value than renting.

California Realtors Predicting a Rosier 2025 | A Real Estate Professional serving Silicon Valley since 1993

Posted on December 9th, 2024 in Uncategorized | No Comments »

Home Sales Increase: Projected rise of 10.5% in single-family home sales, reaching 304,400 units in 2025.Price Growth: Median home price expected to rise 4.6%, reaching $909,400 in 2025 due to high demand.

California: Positive Outlook for 2025 | A Real Estate Professional serving Silicon Valley since 1993

Posted on December 2nd, 2024 in Uncategorized | No Comments »

Home Sales: Projected to increase by 10.5%, reaching 304,400 units as interest rates drop and more homes enter the market.
Median Home Price: Expected to rise 4.6%, bringing the median price to $909,400, supported by high demand and limited supply.