Market News

What is Mortgage Deferment or Forbearance? Homeowners across the country are struggling to pay their mortgage as a result of reduced income/unemployment or other challenges related to the coronavirus pandemic. So what's a homeowner to do? The answer: PAUSE payments; also known as deferment/forbearance .. until they can once again afford their monthly mortgage. Sounds easy enough, right?...

Navigating the economy & housing market through COVID-19 Image courtesy of: Buckhead.com As much as we'd love to predict what the Silicon Valley real estate market will do through the end of this year and into 2021, unfortunately, our crystal ball is on the fritz. We can, however, continue listening to top economic experts, monitor our Santa Clara County real estate stats daily, and be a...

It's been a little over a decade since the United States recession, a result of the 2007-2009 mortgage crisis. This 10 year benchmark has led many to speculate- is another housing crash around the corner? While there can be indicators a bubble is imminent (or in progress) housing bubbles are definitively measured in hindsight, only after there's been a market correction ... and that's what 2019 felt...

If you’re a current homeowner, or in the market to buy, you’re probably curious about the latest trends in home design. Sellers who make strategic updates before listing a property can generate increased interest from buyers and, in some cases, a premium selling price. And buyers should consider which features of a home will need updating immediately (or in the near future) so they can factor...

As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?”It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy.  Fortunately, key indicators point toward a stable housing market in 2019 with signs of modest growth. However, shifting conditions could impact you if...

We've seen a pretty swift shift in the housing market this year, driven by supply and demand. Low inventory earlier in 2018 led to increased buyer competition and higher than normal prices. In March, there were 828 total homes for sale throughout Santa Clara County, compared to October's 2,263+ homes. That's close to 3 times more inventory. February through May was quite favorable for sellers who...