Buyers are scrambling all over the market trying to find houses to buy. Inventory remains low which means that demand remains sky-high. Take a look in this months’ Market Update to see what is causing this market rush and why houses are flying off the shelves. With an in-depth look at the numbers from year-to-year, as well as what the market looks like after two years of the pandemic, Linda will help you stay informed and ready to make the best decision for you and your home!
Rising rates may not normalize the housing market, but they may help inflation Quick Take: -Record high home prices aren’t going away, even with rising rates. However, the rising rate environment will prevent a significant amount of money from entering the economy.-With nearly full employment, the Fed is hyper-focused on price stability — the other […]
The Big Story Will rising rates normalize the housing market? Quick Take: Home prices in the United States hit a record high. Historically low inventory, coupled with an urgency around rising interest rates, incentivized homebuyers to buy sooner rather than later. Inflation is driving the Federal Reserve’s (the Fed’s) monetary policy. The Fed indicated at […]
The ability to transfer your property tax basis to any county in the State of CA opened up March 2021, but sellers are still figuring how it will benefit them. California Assoc of Realtors put together a great website to provide more information for sellers to calculate how your property tax bill will change. The […]