Henry Chu at Golden Gate Sotheby’s International Realty

May 25, 2023

The Benefits of Selling Now, According to Experts

If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes...

Owning a Home Helps Protect Against Inflation

First Time Home Buyers / For Buyers / Rent vs. Buy

May 24, 2023

Owning a Home Helps Protect Against Inflation

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may...

Why Buying a Vacation Home Beats Renting One This Summer

For Buyers

May 23, 2023

Why Buying a Vacation Home Beats Renting One This Summer

For many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and restful. If that sounds like you, now’s the time to think about your plans and determine if buying a vacation home this year makes more sense than renting one again. According...

Why Buyers Need an Expert Agent by Their Side

First Time Home Buyers / For Buyers / Move-Up Buyers

May 22, 2023

Why Buyers Need an Expert Agent by Their Side

The process of buying a home can feel a bit intimidating, even under normal circumstances. But today’s market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and driving home prices back up as buyers compete over...

The Impact of Changing Mortgage Rates [INFOGRAPHIC]

For Buyers / Infographics / Interest Rates

May 19, 2023

The Impact of Changing Mortgage Rates [INFOGRAPHIC]

Some Highlights If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power. These charts show how rates generally affect your monthly payment. The best way to navigate changing mortgage rates and make an informed buying decision...

Powerful Job Market Fuels Homebuyer Demand

For Sellers / Housing Market Updates

May 18, 2023

Powerful Job Market Fuels Homebuyer Demand

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime...

What You Need To Know About Home Price News

For Buyers / For Sellers / Housing Market Updates / Pricing

May 17, 2023

What You Need To Know About Home Price News

The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price...

The Worst Home Price Declines Are Behind Us

For Buyers / For Sellers / Housing Market Updates / Pricing

May 16, 2023

The Worst Home Price Declines Are Behind Us

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The...

Homeowners Have Incredible Equity To Leverage Right Now

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

May 15, 2023

Homeowners Have Incredible Equity To Leverage Right Now

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of...

The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]

For Buyers / For Sellers / Housing Market Updates / Infographics / Pricing

May 12, 2023

The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]

Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what...

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