Author: Henry Chu at Golden Gate Sotheby's International Realty

The Great Wealth Transfer: A New Era of Opportunity

Affordability / Economy

The Great Wealth Transfer: A New Era of Opportunity

In recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer. Historically, the transfer of wealth from one generation to the next was a more gradual process, often limited to smaller amounts of inheritance or family savings. But today, the...

Is Affordability Starting To Improve?

Affordability / Economy / For Buyers / Home Prices / Mortgage Rates

Is Affordability Starting To Improve?

Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association...

Mortgage Rates Down a Full Percent from Recent High

Affordability / Economy / For Buyers / Mortgage Rates

Mortgage Rates Down a Full Percent from Recent High

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the past few weeks...

Helpful Negotiation Tactics for Today’s Housing Market

Agent Value / For Sellers / Selling Tips

Helpful Negotiation Tactics for Today’s Housing Market

If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they’re willing...

3 Reasons Why We’re Not Headed for a Housing Crash

Foreclosures / Infographics / Inventory

3 Reasons Why We’re Not Headed for a Housing Crash

Some Highlights Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time. Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash. Inventory data...