Real Estate Market Blog: June 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.

June 2016 Real Estate Update

June 14, 2016
Ginny Kavanaugh
Overall the real estate market performed well in May, some towns and cities faring better than others. Inventory remains one of the bigger challenges in most areas, but has also resulted in some significantly higher prices. Buyer demand remains strong, making it a seller’s market. But even with strong demand, whether you are buying or selling, it is critical that homes are inspected properly and negotiated aggressively to ensure the best results for price and terms of sale. I know exactly what it takes to get theseresults for you. Please ...

Wire Fraud: A Real Threat

June 01, 2016
Ginny Kavanaugh
I want to highlight an area, which is becoming of great concern in the real estate industry. Wire fraud scams continue to affect the real estate industry. Given the ongoing risks of wire fraud, it is imperative to maintain a heighten awareness throughout the transaction process of the real threat of wire fraud. I urge you to insist that all persons involved in your real estate transaction (lawyers, title agent, etc.) use the precautions listed below. ALWAYS PERSONALLY VERIFY wire instructions. DO NOT AGREE to requests to forward ...