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Blog Posts By Date: May 2021

05/28/2021

4 Big Incentives for Homeowners to Sell Now

4 Big Incentives for Homeowners to Sell Now

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports 410,000 fewer single-family homes for sale this March than March 2020. The key to continued success in the residential housing market is for more listings to come on the market. However, many homeowners are concerned that selling their homes could be challenging for several reasons.   more...

05/28/2021

Facts About Selling a Home to Your Family

Facts About Selling a Home to Your Family

It’s not uncommon to wish to sell a home to a family member, but it can become a tricky situation. You have to be mindful of not only the personal elements that can come with doing this type of transaction with a relative, but the IRS may also scrutinize the transaction if you don’t avoid certain red flags. It’s perfectly legal to sell a home to a family member as long as you’re not just doing it to avoid taxes. If you’re selling the property at a steeply discounted rate, you might have to pay an estate and gift tax, but beyond that, it’s just like any other real estate transaction.   more...

05/28/2021

Reopening the economy is stabilizing the Bay Area rental market, but to what extent?

Reopening the economy is stabilizing the Bay Area rental market, but to what extent?

It’s no secret that rent prices were dropping quickly during the pandemic – especially in major Bay Area cities. But according to a recent analysis, there are signs the pandemic-weary rental market is edging up just a bit.   more...

05/28/2021

Spring Real Estate Trends to Lookout For

Spring Real Estate Trends to Lookout For

Spring is always an interesting and exciting time in real estate, so what are analysts expecting we can see this year?   more...

05/12/2021

Housing Interest Continues to Fall as Mortgage Rates Drop to a Two-Month Low!

Housing Interest Continues to Fall as Mortgage Rates Drop to a Two-Month Low!

Lower mortgage rates are not prompting homeowners or potential homebuyers to contact their lenders, as other obstacles stand in their way. According to the Mortgage Bankers Association’s seasonally adjusted index, the total mortgage application volume fell 2.5% last week from the previous week.   more...

05/11/2021

Millennials are making their presence felt in the real estate market

Millennials are making their presence felt in the real estate market

Photo by Kindel Media from Pexels   more...

05/04/2021

First-time Homebuyers May Find Success in Slow Condo Price Growth

First-time Homebuyers May Find Success in Slow Condo Price Growth

The hot housing market is not even — and some cities and types of properties are noticing higher price gains than others. Condominium prices, in particular, are rising less than those for single-family homes across the board, according to recent insights from Black Knight.   more...