Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Sept. 4, 2019

Forecast: U.S. home prices will rise 5.4% by July 2020

According to Corelogic's latest forecast, home prices will likely jump 5.4% by July 2020, due to low mortgage rates, low inventory, and increase in household income. Contact us for more knowledge and strategies.

CoreLogic: Home-price gains will pick up speed
"Low mortgage rates coupled with a scarcity of inventory are driving gains in home prices because lower financing costs mean borrowers can qualify for bigger mortgages. A shortage of homes for sale, especially in lower-price segments of the market, are giving sellers the opportunity to hold out for the prices they want. Also supporting home-price gains is an increase in U.S. household income, said Frank Nothaft, CoreLogic’s chief economist."
Posted in Tips & Strategies
Sept. 3, 2019

October/November housing market trends

Stay up-to-date with these housing market trends! Contact us for more knowledge and strategies.

HOT or NOT October/November: What's trending in housing right now "Refinances: The refi volume probably will grow to $180 billion in 2019’s third quarter, the highest since the $265 billion of refis in 2016’s fourth quarter, according to MBA data. Build to rent: Homebuilders are now catching onto the trend and building homes for rent, rather than building to sell. Buyer's market: First American Chief Economist Mark Fleming explained that as interest rates decline, which he predicts they will throughout 2019, homebuyers’ house-buying power would increase to 13.35, the highest in the history of the series, which dates to the year 2000."
Posted in Tips & Strategies
Aug. 30, 2019

MaxReal Open Houses: Sat 8/31 & Sun 9/1

Click on each property image or address to view more details!


5640 Kimberly St
San Jose, CA 95129

$2,868,000
Sat 8/31, 1:30PM - 4:30PM
Sun 9/1, 1:30PM - 4:30PM



20697 Scofield Dr
Cupertino, CA 95014

$2,300,000
Sat 8/31, 1:00PM - 4:00PM
Sun 9/1, 2:00PM - 5:00PM



20436 Via Palamos
Cupertino, CA 95014

$2,038,888
Sat 8/31, 2:00PM - 5:00PM
Sun 9/1, 2:00PM - 5:00PM



414 Crystalline Dr
Fremont, CA 94539

$1,899,000
Sat 8/31, 1:30PM - 4:30PM
Sun 9/1, 1:30PM - 4:30PM



871 Lakehaven Dr
Sunnyvale, CA 94089

$1,888,888
Sun 9/1, 1:45PM - 4:45PM



7076 Anjou Creek Cir
San Jose, CA 95120

$1,698,000
Sat 8/31, 1:30PM - 4:30PM
Sun 9/1, 1:30PM - 4:30PM



1171 Culligan Blvd
San Jose, CA 95120

$1,425,000
Sat 8/31, 1:00PM - 4:00PM
Sun 9/1, 1:00PM - 4:00PM



4226 Tobin Cir
Santa Clara, CA 95054

$1,398,000
Sat 8/31, 1:30PM - 4:00PM



2083 Purcell Pl
San Jose, CA 95131

$1,320,000
Sat 8/31, 2:00PM - 4:00PM



1695 Salamoni Ct
San Jose, CA 95133

$1,199,000
Sat 8/31, 1:00PM - 4:00PM
Sun 9/1, 1:00PM - 4:00PM



458 Curie Dr
San Jose, CA 95123

$1,150,000
Sat 8/31, 1:30PM - 4:30PM
Sun 9/1, 1:30PM - 4:30PM



1580 Mission Avenida
Morgan Hill, CA 95037

$1,145,000
Sat 8/31, 1:00PM - 4:00PM
Sun 9/1, 1:00PM - 4:00PM



471 Wainwright Ave
San Jose, CA 95128

$1,088,000
Sat 8/31, 1:30PM - 4:30PM
Sun 9/1, 1:30PM - 4:30PM



1951 Dry Creek Rd
Campbell, CA 95008

$1,028,000
Sat 8/31, 1:30PM - 4:30PM
Sun 9/1, 1:30PM - 4:30PM



350 N 2nd St #123
San Jose, CA 95112

$688,000
Sun 9/1, 1:30PM - 4:00PM



1572 Four Oaks Cir
San Jose, CA 95131

$599,998
Sat 8/31, 1:30PM - 4:30PM
Sun 9/1, 1:30PM - 4:30PM



1928 Messina Dr
San Jose, CA 95132

$569,000
Sat 8/31, 1:30PM - 4:30PM
Sun 9/1, 1:30PM - 4:30PM



3695 Stevenson Blvd #E301
Fremont, CA 94538

$459,000
Sat 8/31, 1:00PM - 4:00PM
Sun 9/1, 1:00PM - 4:00PM


Posted in Open Houses
Aug. 29, 2019

Did you know? Homebuying power is at an all-time high!

According to First American's data, consumer house-buying power is the highest it's ever been, due in part to the drop in mortgage rates. Don't miss out on this opportunity!

First American says consumer house-buying power is highest its been in nearly two decades: In June, consumer buying power increased by 12.2% from the previous year
"Two of the three key drivers of the RHPI, household income and mortgage rates, swung in favor of increased affordability in June, said First American Chief Economist Mark Fleming. [...] 'The net effect of these dynamics? Consumer house-buying increased by $44,000 in June compared with one year ago, more than enough to overcome the 7% increase of nominal house price appreciation," Fleming said. "In fact, house-buying power is the highest it’s been since we began tracking it in 1991.'"
Posted in Tips & Strategies
Aug. 28, 2019

Three inexpensive steps to de-clutter your home for buyers

When it comes to putting a home on the market, are you ready to put your best foot forward? Many homeowners think they have to spend a fortune to make their properties more inviting to home buyers. Not true! In fact, two of the most important things you can do before you list your home don’t cost much at all.

The No. 1 pre-selling task? De-cluttering. Getting rid of the clutter is so important because home buyers are turned off by it. Broken toys, piles of magazines, books and mail, lots of knick-knacks and crowded countertops — they all detract from the ability of a buyer to envision themselves in your home. And don’t neglect the areas behind closed doors! Go through your closets and shelves. Home buyers look in there. This is a great time to haul out the dumpster and get a load ready to donate to a worthy cause. But if you can’t bear to part with all your stuff, renting a storage unit can be a great way to go.

After you’ve de-cluttered, it’s time for a big cleaning. That means baseboards, walls, the inside of your refrigerator and especially your bathrooms. Steam clean the carpets. Clean and polish wood furniture. Make sure to have your windows cleaned. Home buyers form opinions about dirty homes, windows included, and it isn’t a good one.

Don’t forget to clean the outside of your home. When was the last time you cleaned your front door? If you aren’t raking up leaves and keeping your yard clean and tidy, prospective home buyers may wonder whether you are keeping up with routine maintenance and repair of your property. You’ll want to make sure your entryway is clear and creates a warm, inviting feel for prospective buyers.

Posted in Tips & Strategies
Aug. 27, 2019

Bank Statements

Posted in Program
Aug. 26, 2019

When it comes to selling your home, honesty is the best policy

If you’re struggling to sell your home, you might be tempted to sugarcoat your listing or sweep imperfections under the rug. Savvy homebuyers won’t be fooled; deception will catch up with you. At the end of the day, honesty is always the best policy.

11 Things You Can't Hide When Selling Your Home
"If you're getting ready to sell your home, or have already put it on the market, it can be tempting to gloss over a few of the negatives. [...] Hiding any kind of problem that will cost the new owners time and money to fix, or make them regret buying the house, could land you in hot water. You may even be sued for substantial damages. Here are some of the biggest offenders."
Posted in Tips & Strategies
Aug. 23, 2019

MaxReal Open Houses: Sat 8/24 & Sun 8/25

Click on each property image or address to view more details!

 


18110 Constitution Ave
Monte Sereno, CA 95030

$4,999,000
Sat 8/24, 1:30PM - 4:30PM
Sun 8/25, 1:45PM - 5:00PM



5640 Kimberly St
San Jose, CA 95129

$2,868,000
Sat 8/24, 1:30PM - 4:30PM
Sun 8/25, 1:30PM - 4:30PM



20697 Scofield Dr
Cupertino, CA 95014

$2,300,000
Sat 8/24, 1:00PM - 4:00PM
Sun 8/25, 2:00PM - 5:00PM



20436 Via Palamos
Cupertino, CA 95014

$2,140,000
Sun 8/25, 2:00PM - 5:00PM



871 Lakehaven Dr
Sunnyvale, CA 94089

$1,988,888
Sat 8/24, 1:45PM - 4:45PM



7076 Anjou Creek Cir
San Jose, CA 95120

$1,698,000
Sat 8/24, 1:30PM - 4:30PM
Sun 8/25, 1:30PM - 4:30PM



4226 Tobin Cir
Santa Clara, CA 95054

$1,398,000
Sat 8/24, 1:30PM - 4:30PM
Sun 8/25, 1:30PM - 4:30PM



2083 Purcell Pl
San Jose, CA 95131

$1,350,000
Sat 8/24, 2:00PM - 4:00PM



684 Tarrytown Ct
San Jose, CA 95136

$1,299,500
Sat 8/24, 1:00PM - 4:00PM
Sun 8/25, 1:00PM - 4:00PM



110 Ivory Palm Ter
Sunnyvale, CA 94086

$1,250,000
Sat 8/24, 2:00PM - 4:00PM
Sun 8/25, 2:00PM - 4:00PM



1580 Mission Avenida
Morgan Hill, CA 95037

$1,145,000
Sat 8/24, 1:00PM - 4:00PM
Sun 8/25, 1:00PM - 4:00PM



471 Wainwright Ave
San Jose, CA 95128

$1,088,000
Sat 8/24, 1:30PM - 4:30PM



5111 Rowan Dr
San Ramon, CA 94582

$1,051,000
Sat 8/24, 1:00PM - 4:00PM
Sun 8/25, 1:00PM - 4:00PM



1951 Dry Creek Rd
Campbell, CA 95008

$1,028,000
Sat 8/24, 1:30PM - 4:30PM
Sun 8/25, 1:30PM - 4:30PM



2567 Village Dr
Union City, CA 94587

$698,000
Sat 8/24, 1:30PM - 4:30PM
Sun 8/25, 1:30PM - 4:30PM



350 N 2nd St #123
San Jose, CA 95112

$688,000
Sat 8/24, 2:00PM - 4:00PM
Sun 8/25, 2:00PM - 4:00PM



17166 Creekside Cir
Morgan Hill, CA 95037

$675,000
Sat 8/24, 1:30PM - 4:30PM



1572 Four Oaks Cir
San Jose, CA 95131

$599,998
Sat 8/24, 1:30PM - 5:30PM
Sun 8/25, 1:30PM - 5:30PM



20115 Redwood Rd #23
Castro Valley, CA 94546

$518,888
Sat 8/24, 2:00PM - 5:00PM
Sun 8/25, 1:30PM - 4:30PM



3695 Stevenson Blvd #E301
Fremont, CA 94538

$459,000
Sat 8/24, 1:00PM - 4:00PM
Sun 8/25, 1:00PM - 4:00PM


Posted in Open Houses
Aug. 22, 2019

Essential steps to buying a house

The homebuying experience can seem intimidating. That's why we are here to help, every step of the way! Contact us today to see what we can do for you.

The 7 Essential Steps To Buying A House
"Especially if you've never gone through it before, the process behind buying a home can seem long and complicated. In light of that I've decided to break it down, step-by-step. Below are the seven essential steps to buying a house. Read them over so that you know what to expect from start to finish."
Posted in Tips & Strategies
Aug. 21, 2019

Buying a home to include your fur family

Millennials love their pets. In fact, a recent survey found that more than one-third of young adults purchased their first home so that their dog could have a yard.

Looking for a home with some space for your pets? Put us to work finding the right home for you and your family.

Posted in Tips & Strategies