Real Estate Market Blog: March 2016

 

Insights on the real estate market trends on the Mid-Peninsula: Portola Valley, Woodside, Atherton, Menlo Park, Palo Alto, Los Altos and Los Altos Hills.

National Home Prices Edge Higher in Janaury

March 29, 2016
Wells Fargo Economics Group
I received the following report from the Wells Fargo Economics Group, and found it quite interesting. Hope you enjoy, you can also download it here. "U.S. home prices rose in line with expectation in January, with all three S&P/Case-Shiller Home Price Indices (HPI) rising modestly during the month. Nationally, home prices are up 5.4 percent from their year-ago level."

March 2016 Real Estate Update

March 15, 2016
Ginny Kavanaugh
At this time of year, we have spring breaks occurring at schools, which often keep both buyers and sellers preoccupied. I anticipate that the “normal” spring market will be upon us soon and we will see more activity. While there has been stock market volatility this year that very well could be affecting our market, local experts are still predicting a good year overall. I encourage you to read the articles below for more information. And, of course, it would be my pleasure to provide you with an in-depth consultation on your local market at ...

Tips for Homebuyers in a Hot Seller's Market

March 11, 2016
Ginny Kavanaugh
This may be a really good time to be in the housing market - if you are a seller, that is. There just aren't enough homes on the market, so if you are selling right now, you may find yourself in a more favorable position. Multiple offers and bids over list price for some properties aren't unusual these days. But what if you're a buyer - one of many out there in the trenches looking right now? With lots of competition from other buyers, how do you "survive" the house-hunting wars and, hopefully, land that home you're after? While there are n ...