The February 2021 domestic market showed a slowdown in sales, as compared to January. Although as compared to February of last year, sales were up by about 9%. And, most pundits agree, that the February 2021 domestic market home sales slowdown happened in large part due to the severe winter weather that impacted much of the US. In fact, this …
July 2020 Domestic Housing Market
For San Mateo County housing market, home sales surged in July. And, it’s not the only market seeing such a surge. In fact, the whole, July 2020 domestic housing market surged. Across the country, it trended upward, from June through July. Although, add to that lots of buyer competition. As a result, prices didn’t slip. At the same time, inventory was …
2019 Market Trends General Overview
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 …
Dynamics of Real Estate Bubbles
The healthy state of the domestic real estate industry, over a decade now has some people worried. Although, why? It’s healthy, as current real estate trends show. And, market dynamics remain solid. So, why the worry? Well, it’s just this state of affairs reminds some of the last real estate bubble and crash that followed. That said, it might help …
Confidence in 2018 Housing Holds Steady
Recent data for 2018 thus far shows both home buyers and sellers continue to have plenty of confidence in the housing market. Also, it’s clear that their confidence remains steady in spite of some recent shifts farther away from the ideals. What are those ideals? Well, for a buyer, they include low mortgage interest rates. They include plenty of inventory. …
Understand Current Spring 2018 Market Trends
To understand current 2018 market trends, you need to know what drives pricing and affordability. Also, you need to know more than one factor makes them tick. True, sellers may set a high price But, if it’s more than their local market can bear, they will bring it back down to earth. In fact, to understand current Spring 2018 market …
San Mateo Low Home Inventory Plus High Demand Trends
With inventory at an all time low and demand at an all time high, San Mateo home sellers have the chance to benefit from great trends in a sellers market now. Also, these trends don’t seem to be ebbing anytime soon. In fact, 2018 market reports consistently tell us that home selling prices are also at all time highs. As …
2018 San Mateo County Real Estate Market Trends Through February
Well, here we are headed into the last stretch of 1st quarter 2018. Also, it’s been quite an interesting ride. In fact, it’s been one with a number of upsides. Although, keeping it in perspective, for real estate pros is always the best policy. As a result, for some perspective in details, including graphs and the numbers, have a look …