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

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

For Sellers / Housing Market Updates / Infographics / Selling Myths

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight.  If you’re...

More Jobs and Better Pay Leads to More Buyer Demand

For Sellers / Housing Market Updates / Selling Myths

More Jobs and Better Pay Leads to More Buyer Demand

There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house....

Why You Need a True Expert in Today’s Housing Market

Buying Myths / First Time Home Buyers / For Buyers / For Sellers / Selling Myths

Why You Need a True Expert in Today’s Housing Market

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with an...

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

Buying Myths / For Buyers / Interest Rates

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause...

Why Median Home Sales Price Is Confusing Right Now

Buying Myths / For Buyers / For Sellers / Housing Market Updates / Pricing / Selling Myths

Why Median Home Sales Price Is Confusing Right Now

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may...

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Foreclosures / Infographics / Interest Rates

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Some Highlights With ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on...

People Want Less Expensive Homes – And Builders Are Responding

For Buyers / Housing Market Updates / Interest Rates / Pricing

People Want Less Expensive Homes – And Builders Are Responding

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And...

Don’t Expect a Flood of Foreclosures

Buying Myths / For Buyers / For Sellers / Foreclosures / Housing Market Updates / Selling Myths

Don’t Expect a Flood of Foreclosures

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up...

Equity Is a Game Changer for Homeowners Looking To Sell

For Sellers / Housing Market Updates / Move-Up Buyers / Selling Myths

Equity Is a Game Changer for Homeowners Looking To Sell

If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to...