Mortgage interest rates remain low. And, their historic low has a lot to do with a heightened level of home buyer incentive. In fact, many pundits expect that to continue through at least the first few months of January. As a result, those thinking of selling should find plenty of incentive in the new year. They should anticipate a healthy …
The 4th quarter 2020, picking up in October showed a strong start for real estate in San Mateo County. And, that included the resale condo market. Although, San Mateo County condos October overview shows the market had its own unique and similar trends, as compared to single family. In fact, like single family homes, condo sales rose, year-over-year (YoY). It …
Millions of Americans may want to know what direction the domestic real estate market is heading. And, if previous months’ indicators are accurate, it’s heading positively. In fact, home sales continue on a strong trend, in all four domestic sectors. Although, that has put pressure on new home developers to step it up. After all, existing home inventory has comes …
August 2020 San Mateo County market activity was marked with plenty of up-trends. And, it was a continuation of similar activity in July. In fact, August trends showed rises in activity, from home sales and home pricing, to sales to list price ratio and home inventory. All that as it relates to single family, resale homes. Although, there were a …
Well, here we are, in the heart of 3rd quarter 2020 already. And as with previous months this year, it’s a unique market situation. It’s thrown us some curve balls. Although, many have risen to the challenge. They’ve responded with innovation and new ways of doing business. With them, no less results and success have been possible. In fact, while …
With May behind us, we can look at the numbers and summarize the month’s activity. And, those numbers tell us a lot about how the market behaved, with resale, single-family home sales. In fact, May San Mateo County home sales continued on a downturn, by 44.9%, compared to last year. Although, sales were up by 19.6%, compared to April 2020. …
San Mateo County April 2020 home sales data settled on some key takeaways. And, while indicating a downtrend in the market, they were not unexpected. In fact, some pandemic panic took its toll on sales and inventory, for resale, single-family homes. Seeing the downturn in both areas also indicates generally subpar participation by both buyers and sellers, for April. Below …
Now that March has come and gone, its real estate data is available for review. And, that gives us an opportunity for insight into a rough, stock market ride. Although, March San Mateo County real estate trends held their own. In fact, while the stock market may have behaved more like the ‘shock market’, it’s trading uproar acquiesced some. At …
On a domestic level, low mortgage rates had a real impact on the housing market. And, November data affirms the rates helped revive a general slow down. In fact, data for new home sales showed an uptick to the tune of 733,000, just in October. Now, that’s only one indicator. Other months in summer and fall 2019 also showed upticks …
