Despite slowing activity in the housing market, supply remains tight. Plus, the Fed’s latest rate hike caused volatility in the markets. Here’s what you need to know: Fed Hikes Rates Another 75 Basis Points Low Housing Inventory Remains Supportive of Prices Household Formations Continue to Outpace Completions More Home Builders Offering Incentives as Confidence Wanes
I was honored to be recognized as the number 1 agent among over 150 others at Bayview Residential for highest earnings and dollar volume for Real estate & home Finance with closings in excess of 104 million dollars of combined transactions in 2020. I thank all my clients who trusted me in helping them achieve
Presented buyer on a beautiful condo in Sausalito, purchase price $600,000. Buyer’s review: Behzad was fantastic throughout the whole process! As a first-time homebuyer , it was very comforting to encounter his professionalism and responsiveness as I searched for, negotiated, and eventually closed a purchase on a home that I love! Mante Presented buyer on
One of the least reported facts about the recent growth of the housing market is that single women have had a huge impact in the number of homes being sold. According to recent studies, single women are the second largest group of homebuyers over the past 12 months. Single women were 17% of all homebuyers
Every month mortgage lender Fannie Mae releases its Home Purchase Sentiment Index (HPSI), which measures attitudes of prospective homebuyers. The May results indicated an all-time high in consumer sentiment. This is especially good news since back in March the survey hit an 18-month low and because the spring and summer months are traditionally the strongest
The housing market has always been more of a collection of regional markets than a true national market. The trend over the past decade has been that the housing market is become even more fractured. While this trend is likely to continue, there is one demographic that is increasingly important everywhere. Single women are a
(Post image by Decker Bullock Sotheby’s International Realty) Reports from both California Association of Realtors (C.A.R.) and the National Association of Home Builders (NAHB) point to further appreciation in the housing market for 2016. As I stated in my interview with Marin IJ, the low inventory is one of the main factors for the increase in
As reported this morning by TBWS Group, the world’s second largest economy; China’s official manufacturing purchasing managers index for August fell to 49.7, from 50.0 in July, marking its lowest level since August 2012. A number below 50.0, just like our ISM index, implies a contraction. Also the Caixin manufacturing purchasing managers index, a gauge
While employment and housing are improving, global economy, specially China seems to be in trouble and the Fed is caught wondering what it should do. I believe if China problems persists and its growth is further hampered then we could see lower rates in coming months despite indications by the Fed that it could start increasing