For Buyers / For Sellers / Housing Market Updates / Interest Rates
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 31, 2023
Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and Overall Inflation Shelter inflation is the measure of price...
Buying Myths / Demographics / First Time Home Buyers / For Buyers
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 28, 2023
Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living...
Buying Myths / First Time Home Buyers / For Buyers / For Sellers / Selling Myths
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 23, 2023
Buying Myths / For Buyers / Interest Rates
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 22, 2023
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause...
Buying Myths / For Buyers / For Sellers / Housing Market Updates / Pricing / Selling Myths
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 21, 2023
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may...
For Buyers / Housing Market Updates / Interest Rates / Pricing
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 17, 2023
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And...
Buying Myths / For Buyers / For Sellers / Foreclosures / Housing Market Updates / Selling Myths
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 16, 2023
Buying Myths / First Time Home Buyers / For Buyers
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 14, 2023
Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where...
For Buyers / For Sellers / Housing Market Updates / Infographics / Pricing
by Henry Chu at Golden Gate Sotheby's International Realty · Published August 11, 2023
Some Highlights Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally. If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news. Connect with...
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