As mortgage rates fluctuate in the 6% range, we are experiencing severe inventory shortages in the real estate market. Buyers are affected by rising rates, but donāt forget many buyers are sellers who are upsizing or downsizing. Because Silicon Valleyā¦
TOP 3 House Shopping Tips šš„There are many different suggestions and tips about shopping for homes. I wanted to narrow the focus down to what I believe to be the top 3 house shopping tips. The ones that matter the most from years ofā¦
Many buyer think about the number of bedrooms and square footage, but donāt take into consideration the other features which can have huge implications about final sale price. These intangible but permanent features can perhaps be the most important pricing factor. ā¦
Multiple Offers and Offer Dates are Back šš
Inventory is extremely low and mortgage rates have been falling consistently for more than a couple of months. This is the setting for increasing buyer activity as they have acclimated toā¦
As I mentioned the other day, we are feeling a change here in Silicon Valley as we see more buyer activity than we have seen since the market shifted in early summer of last year.
š¤ Something is changingā¦Something is happening in the real estate space right now. Historic low employment numbers, mortgage rates on a downward trend for more than a couple of months, mortgage applications rising, increased activity fromā¦
