For the real estate industry, 2017 promises to be the year when agents embrace technology in a meaningful way. Real estate has remained slow to jump on board the digital revolution, despite technological leaps forward in other industries. Paper flyers, open houses, physical paperwork all remain staples of the business of selling real estate. However,…
Rina Battiata Kunk, a licensed REALTOR at McEnearney Associates, has made the following projections in housing for the new year: Rising interest rates: Interest rates will slowly rise through 2015 reaching 5 percent during the 4th quarter of 2015. Slight increase in listing prices: Listing Prices in popular “close-in” neighborhoods will see only a slight…
The San Francisco Bay Area has recently seen a new population surge on the heels of surging tech sector job growth. With the lack of new housing construction to keep up with the pace, housing affordability has plummeted and the Bay Area has renewed its reputation as the U.S.’s least affordable major metro area. According…
Typical late Spring trends are playing out for the San Francisco Bay Area right now, as sales volume has continued to pick up recently and inventory and sales volume have both nearly doubled since the beginning of the year. The median price paid for a home in the Bay Area also rose to a new…
The 2014 San Francisco Bay Area home buying season is now in full bloom and new listings, sales, and home prices continue to rise. Home prices have continued their upward momentum over the first few months of 2014, the result of continued low historic mortgage rates, a strong San Francisco Bay Area economy, and a…