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

Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]

For Sellers / Housing Market Updates / Infographics / Selling Myths

Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]

Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over...

New Homes May Have the Incentives You’re Looking for Today

First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers / New Construction

New Homes May Have the Incentives You’re Looking for Today

According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new...

Buyers: You May Face Less Competition as Bidding Wars Ease

First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers

Buyers: You May Face Less Competition as Bidding Wars Ease

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home...

What’s Actually Happening with Home Prices Today?

For Buyers / For Sellers / Housing Market Updates / Pricing

What’s Actually Happening with Home Prices Today?

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear...

What Does a Recession Mean for the Housing Market? [INFOGRAPHIC]

For Buyers / For Sellers / Housing Market Updates / Infographics

What Does a Recession Mean for the Housing Market? [INFOGRAPHIC]

Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of...

What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

For Buyers / For Sellers / Housing Market Updates / Infographics

What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of...