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Category Archives: Home Prices

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More buyers paying cash to win bidding wars

Source: Realtor.com Buyers who can make an all-cash offer on a home can stand out when competition is tight. Cash purchases tend to pose less risk that a deal will fall through from a low appraisal, have fewer financing hang-ups, and tend to...

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How the U.S. Housing Market Was Rocked by COVID-19-and Where We...

How the U.S. Housing Market Was Rocked by COVID-19-and Where We Go From Here  (click link to read more) One year into the COVID-19 pandemic, inventory has hit record lows, prices have skyrocketed, and homes that come to market...

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Bidding wars off the charts

Source: CNBC Buyers are increasingly facing fierce bidding wars in their hunt for a home. Even as home prices surge and competition remain tight, house hunters are undeterred. About 40% of potential buyers who’ve been searching for a...

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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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Real Estate Prices Soar During The Pandemic

Source: CalMatters Home prices have soared across the country since the pandemic, and across California, home prices are up by almost 20%. The Central Coast, a tight housing market to begin with, has been squeezed even tighter with prices up...

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