There are many things that can go wrong when buying home. And while I’ve always believed the best way to learn is through experience, most homeowners would probably prefer to avoid costly mistakes at the outset, without having to learn hard lessons firsthand. Here are four common mistakes that immediately come to mind: Continue reading “4 Common Homebuying Mistakes”
Single Family Homes
Number of Homes Sold: 96 (+1.1% YOY)… more homes sold
Median Sales Price: $1,376,500 (+3.5% YOY)… higher prices
Average Days on Market: 41 (+24.2% YOY)… homes took longer to sell
… In other words: more homes sold at higher prices, but homes took longer to sell, compared to a year prior.
Number of Homes Sold: 92 (-27% YOY)
Median Sales Price: $989,818 (-5.7% YOY)
Average Days on Market: 54 (+8% YOY)
… In other words: fewer condos sold, at lower prices, and took longer to sell, compared to a year prior.
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Some might think selling a home is pretty straightforward. Yet, all too often, we see homeowners giving away their hard-earned equity when selling. Here are some ways I think homeowners leave too much money on the table — and how you can avoid being one of them: Continue reading “3 Biggest Mistakes When Selling Your Home”
It seems that there are real estate agents everywhere. Maybe it’s because I’m surrounded by it every day, but I feel like every time I turn the corner, there is another real estate agent. This feeling is confirmed by the fact that, as of April 2018, there were over 400,000 real estate licensees in California. Given that there are somewhere around 39-40 million Californians, this means there is 1 realtor for every 100 people in California!
It’s a no-brainer that picking a good real estate agent to work with should be a top priority when buying or selling your home. But, with so many choices, how do you pick the right one for you?
In today’s video, I discuss whether we are in a seller’s market or a buyer’s market. Continue reading “Are we in a Buyer’s Market?”
There’s been a lot of chatter recently about the state of the real estate market: Is the market softening? Is the bubble about to burst? Are we seeing the first signs of another recession? Incredibly curious to see some hard facts myself, I dug in… Read on to hear more about my observations… Continue reading “Is the Real Estate Market Softening?”
If you live in a condo or TIC, like the majority of homeowners in San Francisco, you probably have a homeowners association (“HOA”). HOA management can be complex, but with some planning and organization on the front end, can lead to a more peaceful living arrangement for years to come. Here are some best practices for managing your HOA. Continue reading “Best Practices for Managing a Homeowners Association”
There’s been a lot of talk lately about “off-market” listings (also referred to as “pocket listings”). You might be wondering how homes are being sold before they even show up online, without a “For Sale” sign or an open house, or you want to know how to get your hands on these opportunities. And if you’re a homebuyer who has been searching for a while and getting outbid, you might be thinking off-market listings could really change your home search strategy.
Once reserved for luxury properties and high-end clients who valued the utmost privacy, off-market sales are becoming more common even in the middle range of the real estate market. Continue reading “On Market vs. Off-Market: What’s All The Fuss?”