Category Archives: Real Estate
Homeownership as a vehicle to build wealth
Source: USA Today Over the last decade, the median-priced home in the U.S. gained $190,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter, according to a report by the National Association of...
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REALTOR® PARTY PREVAILS AGAINST EFFORTS TO IMPOSE STRICT RENT CONTROLS AND...
REALTOR® PARTY PREVAILS AGAINST EFFORTS TO IMPOSE STRICT RENT CONTROLS AND UNDERMINE THE ELLIS ACT With the collective effort of REALTORS® who sent emails and made phone calls and social media posts, C.A.R. lobbying was effective in defeating...
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Why Bay Area home prices unlikely to drop despite higher mortgage...
Source: SF Chronicle Mortgage interest rates recently exceeded 5% for the first time in more than a decade. However, there are few signs that the sharp rise in mortgage rates will lead to noticeable declines in Bay Area home prices anytime...
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2021 Study: How Much Value Do Granny Flats and other Accessory...
Source: Porch Research Key Findings There are an estimated 1.5 million Accessory Dwelling Units (ADUs) in the United States, making up roughly 2% of all homes in the country ADUs are growing at a rate of 9%, or 100,000 per year An...
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Housing market boom may tempt sellers to overprice
Source: Homelight It’s a seller’s market and homeowners are holding firm on the price. More than half of about 1,000 real estate professionals recently surveyed believe the biggest challenge that home sellers will face in 2021 is the...
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California Housing Market ends year on high note
Source: C.A.R. Despite a global pandemic that lingered most of the year, two lockdowns and a struggling economy, California’s housing market closed out 2020 on a high note, recording solid sales and a fifth record-high median price in...
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