Blog
What Happened With Real Estate Commissions?
So, recently, we’ve been hit with a surprisingly large number of questions about the new real estate commissions rules. It’s kind of like the plot to a bad spy movie with confidential information being exchanged between secret agents, but h...
Real Estate Market Update for July 2024
Real Estate Market Update: What Happened in San Mateo County? The San Mateo County real estate market in July 2024 has slowed down. The number of days on the market increased from 19 days in June 2024 to 21 days in July. Prices per square foot...
Condo Living in Your Detached Single-Family Home: ADU’s
To address the housing shortage in California, bills A.B. 2299 and S.B. 1069 were passed in 2016, requiring cities and counties to allow property owners to build Accessory Dwelling Units (ADUs) in most backyards. However, these bills were tempo...
State Farm Seeking Massive Rate Hike in California
State Farm is looking to raise insurance rates in a massive rate hike for some California customers by more than 50% as the insurance giant weighs its future in the Golden State. In a filing to the California Department of Insurance, the compan...
Lumber Prices Plunge: Good News for Home Building Costs
The twin-peaked lumber bubble of 2021 and 2022 that drove home building costs through the roof and exacerbated inflation is over. Lumber prices plunge 75% from their May 2021 record high of $1,514 per thousand board feet to just $366 this wee...
Home Prices at All Time Highs in Santa Clara County but NOT in San Mateo County
San Mateo and Santa Clara Counties Break Records- Home prices for San Mateo and Santa Clara Counties combined are at all time highs, surpassing the $2-million mark for the past consecutive months. The average single family (SF) home now sells ...
Cooling Labor Market Sets Up September Interest-Rate Cut
September Interest-Rate Cut. The July 5th job reports showed solid hiring in June, plus signs the US labor market gradually cooled in Q2. Unemployment edged up to 4.1% while increases in hourly earning are slowing down. This all could lead to ...
Buying a Home and RSUs in the Bay Area
I know that home prices seem like they are out of control; the average single family home in San Mateo County is selling for $2,700,000. While that may seem insane to most people, Restricted Stock Units (RSUs) make it possible. Homes in the r...