Heading into its slowest sales period of the year, the San Francisco Bay Area saw a significant spike in home sales in October (vs. September) and inventory dropped for the 3rd straight month. Inventory is still close to “double” what it was at the beginning of the year, but it has dropped by nearly 40%…
Are you worried about taxes eating away too much of the profit from the sale of your home? As you probably already know, as a result of the Tax Payer Relief Act of 1997, a single person (or married person filing separately) can exclude as much as $250,000 of the gain from the sale of…
While the San Francisco Bay Area Real Estate market has begun its typical Fall (seasonal) sales cycle, you have probably been watching the news lately and wonder how the recent Federal government shutdown and impending debt ceiling deadline will affect the San Francisco Bay real estate market. As you may know, the Federal government runs…
As the hottest buying season of the year winds down for the San Francisco Bay Area, home prices continue to climb while inventory also continues to rise and interest rates have stabilized. The median price paid for a San Francisco Bay Area home rose at its fastest pace on record in June, the result of disappearing…
With the housing market on its way to prosperity again, consumers are contemplating whether it’s more beneficial to buy a property now or continue renting. To assist with this decision, C.A.R. (California Association of Realtors) has looked at the costs and benefits of renting versus owning property in California and 8 of its local regions…