Henry Chu | Golden Gate Sotheby's International Realty

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

For Sellers / Housing Market Updates / Infographics

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in...

How Inflation Affects the Housing Market

For Buyers / For Sellers / Housing Market Updates / Interest Rates

How Inflation Affects the Housing Market

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...

Buyer Traffic Is Still Stronger than the Norm

Demographics / For Sellers / Housing Market Updates / Selling Myths

Buyer Traffic Is Still Stronger than the Norm

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it. The ShowingTime Showing Index is...

Gen Z: The Next Generation Is Making Moves in the Housing Market

Buying Myths / Demographics / First Time Home Buyers / For Buyers

Gen Z: The Next Generation Is Making Moves in the Housing Market

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...

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

For Sellers / Housing Market Updates / Infographics / Selling Myths

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight.  If you’re...

More Jobs and Better Pay Leads to More Buyer Demand

For Sellers / Housing Market Updates / Selling Myths

More Jobs and Better Pay Leads to More Buyer Demand

There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house....

Why You Need a True Expert in Today’s Housing Market

Buying Myths / First Time Home Buyers / For Buyers / For Sellers / Selling Myths

Why You Need a True Expert in Today’s Housing Market

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with an...

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

Buying Myths / For Buyers / Interest Rates

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

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...

Why Median Home Sales Price Is Confusing Right Now

Buying Myths / For Buyers / For Sellers / Housing Market Updates / Pricing / Selling Myths

Why Median Home Sales Price Is Confusing Right Now

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...