Housing Shortages and Rental Prices in California
I just attended the Monterey Peninsula Chamber of Commerce Annual Leadership Luncheon. We had many of the local mayors, supervisors and...
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Homeownership and Housing Advocacy!
The California Association of Realtors works continuously to advocate for housing and home ownership. Much is at stake both at the state...
Rising Interest Rates....It's All Relative!
Interest rates just hit their highest weekly average since 2008 but relatively speaking....they are still far below historic numbers. Can...
List High or List Right? That is the Question!
When the real estate market cools, pricing a listing correctly becomes especially critical so it's important to listen to your real...
The First Steps Towards Buying A Home... Find Professionals and Get Pre-approved!
Before searching for your new home, you'll want to do the following: Choose two professionals: Find a Realtor® that can help you navigate...
Are We Heading for a Housing Crash?
People are wondering if this current housing re-balancing is going to be the same as the 2007-10 housing crash? It seems very unlikely...
Housing Market Highlights- August 2, 2022
The market continues to change and inflation and recession continue to be the hot topics of the summer. The Feds’ raised the interest...
A Quick Update on the Monterey Peninsula Housing Market - July 19, 2022
Here is a quick summary of our local market: In the area I monitor, inventory is beginning to incline but still tracking below...
3 Good Reasons to Get a Home Inspection
Inspections are an added expense and in a competitive market, buyers often waive the investigation contingency in order to secure the...
Items that Might Show Up on Your Title Report
During the sale of a home, a preliminary title report is prepared prior to issuing a policy of title insurance. It shows the ownership of...
A Quick Update on the Monterey Peninsula Housing Market - May 17th, 2022
Here is a quick summary of our local market: In the area I monitor, inventory is beginning to incline but still tracking below...
You Earned How Much in Commission? Breaking Down an Agent's Pay Out...It's Not All That!
Commission pay outs can be great and I appreciate every sale I get. At first glance, an agent's pay out can seem impressive especially in...
The History of US Interest Rates
Interest rates have started to climb and with each 25 basis point increase, affordability for home owners will be impacted. Everyone is...
A New Assembly Bill Might Impose Additional Taxes on Properties Sold Within 3 Years of Purchase!
Here's something to keep an eye on......Assembly bill 1771 (The California Speculation Act) introduced in 2022 would impose a 25% tax on...
Home Features That May Boost Sales Values
I was just reading an article from Angi about home features that are currently yielding the most profit when selling a home. They combed...
Pre-qualified vs Pre-approved
If you need a loan to buy a home, your first order of business is to sit down with a lender and find out how much you can afford....
Million Dollar Houses - The New Normal
I think it's no surprise to any Californians that million dollar homes are becoming the norm not the exception. On the Monterey...
A Quick Update on the Monterey Peninsula Housing Market - March 8th, 2022
Here is a quick summary of our local market: In the area I monitor, inventory continues at an all time low tracking at about 35% of March...
What Happened to All Our Inventory?
I report on our local real estate market each week and this year, it's been an interesting study! Inventory is seasonal and winter is...
Why Own Your Own Home?
For many of us, owning our home is the "American Dream", a goal we set when we are young, and a place to put our money for long term...