(even if you have no plans to sell it) If you want to get the best sale price when you sell your home, you need to prepare it for sale. But what does that mean exactly and how much preparation is necessary? Preparation fits into 3 categories, repairs, cost-effective improvements, and staging. The first step is to fix anything that you know needs fixing. Then have home and termite inspections and fix anything significant that arises from these. This avoids any problems that arise as … [Read more...] about Why You Should Give Your Home A Make-Over
Real Estate Information You Can Use Existing-home sales fell 6.4% in December from the previous month to a seasonally adjusted annual rate of 4.99 million (National Association of Realtors). Compared with a year earlier, sales in December declined 10.3%. While these housing figures came out yesterday, its important to acknowledge the following: Affordability is no longer getting worse. In December, it actually improved marginally thanks to a softening in new home prices, slowing gains … [Read more...] about Did You Know?
Looking Back on 2018 There were almost too many local, national and international political, economic, social and ecological factors impacting the 2018 Diablo Valley & Lamorinda real estate market to count. In the first half of the year, market conditions were very hot, and there were strong year-over-year appreciation rates. Come summer/early autumn, real estate and financial markets began to shift distinctly cooler. Looking at 2019, there are many wild cards whose impacts are difficult … [Read more...] about Diablo Valley & Lamorinda Real Estate
A number of people have asked me why I moved to Compass after being with my previous brokerage for so long. Compass really is a different kind of real estate company, both in the way it treats its agents and the fanatical desire to provide the best experience for home buyers and sellers. This video shows Robert Reffkin, our CEO, announcing Compass Cares - a new initiative whereby a proportion of every transaction will be donated to a local charity. This was at our annual event, this year … [Read more...] about The Launch Of Compass Cares
Since it reflects a 3-month rolling figure, and October sales generally reflect September's accepted offer activity, the latest Index reflects market dynamics 3 to 5 months ago (or roughly mid-summer to early autumn). The Index is broken into 3 price tiers: Over that period, according to Case-Shiller, the high price tier has plateaued - it has basically been flat since early 2018 - and the low and mid-price tiers have begun a modest declines, after seeing significantly higher appreciation … [Read more...] about New Case-Schiller Report (Bay Area)