When you make an offer on a property and it’s accepted by the seller, two things normally happen right away. First, you have to put your deposit in escrow, and second you (or, hopefully, your agent) need to order the inspections. In a typical transaction, we recommend our clients order three kinds of inspections: property, termite and roof. Of all three, the termite inspection is the most important; let’s talk a little about the details so you know what to expect. Read More →
If any recent month served as a reminder of the importance of listening to the market, it was June. The latest data confirms that June was a tough month for many Dublin Ranch homeowners who were trying to sell their homes: The “days on market” median shot up to 34 (a relatively high number when compared to 13 days in May and 18 in April) which reflected a stubborn difference of opinion between sellers and buyers when it came to… read more →
Up until very recently, the housing market in the Richmond Waterfront area — including Point Richmond, Marina Bay, and Country Club Vista — was similar to other parts of the Bay Area: Prices were climbing, inventory was dropping, and the average home only had to spend a relatively brief time on the market before selling. Even back in May, however, there were signs that this could be slowing down in the near future. For example, new properties were entering the… read more →
It seems like it’s impossible to check the local news (or read this blog) without hearing about how the Bay Area’s housing market is heating up. California’s economic growth is drawing workers back into the area in search of homes; growing families are making the transition from rooms and apartments to condos and houses. Perhaps more importantly, people are finally moving on plans that were put off for years (due to the recession). On the aggregate level, many Bay Area… read more →