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Blog Archives: February 2016

January Market Snapshot

February 16, 2016
The natural ending point that is each December gives way every year to the optimism of January. This is particularly pronounced when the economy is strong and economists across the land are predicting increases in both prices and home sales. Granted, there has been some measured language surrounding the positive thinking. Although we are looking forward to a mostly decent year in real estate, it should be the kind of activity akin to a sure and steady life being lived rather than the jolt of a lottery win, which is just the way we want it....

Smart Home Technology Catching on with Consumers

February 15, 2016
It wasn’t too many years ago that smart-home technology was thought to be the stuff of the Jetsons – sci-fi products that we might see some day in the far distant future. Well, the future is now. And the trend could have widespread implications for those people thinking about selling their home this year or shopping for a new home themselves. Smart home products are quickly catching on with consumers, everything from remote controlled thermostats and lighting to home monitoring cameras and security systems to advanced entertainment systems ...

Bay Area has Three of Five Most “Profitable” Housing Markets in America

February 11, 2016
Ok, by now it’s probably not surprising that Bay Area housing is a whole lot more pricey than real estate elsewhere in the country. But at the same time, an argument can be made that it’s also one of the best long-term investments when compared to other housing markets in America. That’s the finding of a new analysis by real estate analytics firm RealtyTrac, reported recently by MarketWatch. RealtyTrac reported that San Mateo County, Alameda County and Santa Clara County ranked 1-2-3 in the top five most “profitable” housing markets in ...

Bay Area Housing Market Finished Strong in 2015

February 02, 2016
No one can say there weren’t challenges to the Bay Area housing market last year – everything from extremely tight inventory to spiraling prices in some cities to new federal lending rules. But the Bay Area housing market, by and large, shrugged all that off and turned in a stellar performance in 2015, according to new reports. Single-family home sales in the nine-county Bay Area rose 7.6 percent last year compared to 2014, the highest volume since 2012, according to a report in the San Jose Mercury this week. Some of the biggest gains ...

San Francisco Luxury Home Sales Climb in 4th Quarter

February 02, 2016
San Francisco’s luxury housing market finished off 2015 with home sales and the median sale price both climbing in the fourth quarter from the previous three months, according to a new market report by Coldwell Banker Residential Brokerage, the Bay Area’s leading luxury real estate services company. The report is based on Multiple Listing Service data of all homes that sold for more than $2 million during the last quarter in San Francisco. A total of 178 homes sold for more than $2 million in the city during the October through December ...