Real Estate News & Insights

Should renters get first dibs in Bay Area real estate deals?

Should renters get first dibs in Bay Area real estate deals?

Source: The Mercury News --- As the Bay Area grasps for new ways to quell its affordable housing shortage, several cities are considering controversial policies that would give some tenants a shot at buying their homes — a move that’s sharply dividing property owners...

Number Of Homes For Sale In November Hits An All-Time Low

Number Of Homes For Sale In November Hits An All-Time Low

Source: Forbes --- The 2021 housing craze hit new highs as an uptick in listings offered a ray of hope for buyers trying to find a home in a competitive market and lock in low mortgage rates. But like any roller coaster, what goes up, must come down. The...

Are home bidding wars finally cooling down?

Are home bidding wars finally cooling down?

Source: MPA --- While the housing market remains hotter than ever before, homebuyer competition hit its lowest level in almost a year, according to a Redfin report. The report showed that the bidding-war rate dropped from the revised rate of 61.8% in October to 59.5%...

5 tech trends that will move mortgages and housing in 2022

5 tech trends that will move mortgages and housing in 2022

Source: Bankrate --- In the Amazon age, consumers are more pampered – and less patient – than ever. Tap your phone and, voilà – hot food from your favorite restaurant arrives in minutes. High-end electronics appear on your doorstep in hours. However,...

Economic Forecast: Real estate stays hot

Economic Forecast: Real estate stays hot

Source: WBJ --- The future of office and retail space is still uncertain as remote work and e-commerce maintain strong holds on the economy, even in our new normal. One thing that seems certain: the housing market has perhaps never been hotter in Central...