real estate market

housing trends in 2020

10 Trends to Watch in 2020

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With just a few more weeks left in 2019, we are looking ahead to 2020 and what it will bring the real estate industry. In the annual Emerging Trends report from the Urban Land Institute, we get a sense that we’re in for a soft landing, not a sudden crash. While economic and political uncertainty…

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3 Tips to Help You Beat the Home Buying Market

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If you are looking to buy a home, it can be tricky in a seller’s market. With home prices continuing to reach new highs and mortgage interest rates remaining low, it is a challenging time to be in the market for a new home. What if you had a couple tips that could help you…

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real estate market

Predictions for the 2020 Real Estate Market

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With just a few more weeks left of 2019, it’s time to look ahead to 2020. This past year has brought a surprising amount of highs and lows for the real estate market, however, the past few months have steadied out. What should we expect in 2020? More of the same? In a recent article from…

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New Home Sales Will Reach 13-Year High

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It’s hard to believe that 2019 is almost over and we are just a few weeks away from 2020. As we near the new year, experts in the real estate industry are already predicting 2020 to be a great year for home buying and selling. The National Association of Realtors is predicting that new home…

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Homebuilders Confidence Increases as Demand Rises

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Good news for homebuilders throughout the country, the demand for newly-built single-family homes rose three points to 71 in October.  One of the biggest contributors to the increase in demand is low mortgage rates. A recent article from the National Association of Home Builders states: “The second half of 2019 has seen steady gains in single-family construction,…

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Sonoma County Housing Pricing Increases

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The fires in October 2017 in Sonoma County have many residents that were affected re-evaluating their housing situation.  Instead of rebuilding homes that were lost in the fire, many are opting to buy a pre-existing home. This wave of buyers is driving up the costs of single-family homes and putting pressure on an already dwindled…

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Are Rate Cuts Coming?

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Good news for homebuyers. The Federal Reserve is going to be dropping rates once again. Federal Reserve Chair, Jerome Powell, stated that the Fed would act “as appropriate” in order to maintain the current economic expansion. As we near 2020, it is predicted the Fed will continue dropping rates to keep up with the longest economic…

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Bank of America and USA Today recently released their Better Money Habits Millennial Report for Fall 2015. The report reveals the attitudes, priorities, and concerns millennials have regarding their financial lives. Among their findings are the following interesting statistics: Regarding their financial future: Factors affecting their choice of where to live: The following percentages reflect…

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What Amenities Are Luxury Home Buyers Most Interested In?

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What amenities are most desired by home buyers who plan to spend more than $500,000 on their home? That was a question recently posed in a National Association of Home Builders’ study. Below is a graphic showing the percentage of buyers who rated each amenity as a strong preference. What about you? Which of these…

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Home Staging on a Budget

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Home Staging on a Budget It’s no secret that home staging is a key component to selling a home quickly and for top value. But what if you don’t have the budget to hire a professional home stager? Here are some simple tips to help you stage a home attractively: Choose Wisely If you cannot…

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