Geek's Number Talk: Does a pool add value to your home?
/One thing’s for sure: a single family home with a pool has more value during a global pandemic!
Read MoreOne thing’s for sure: a single family home with a pool has more value during a global pandemic!
Read MoreIt might seem counterintuitive with many of us spending a lot more time at home, but sales volume and median prices have both increased across the Bay Area during the ongoing pandemic. Just take a look at the numbers...
Read MoreIn 2020, housing affordability for African American and Latinx households in California was half that of white households, illustrating a persistently wide homeownership gap and ongoing wealth disparities. See the charts below, and watch this video to learn more about how to close the gap.
The housing market has seen a quicker recovery from the pandemic than much of the economy thanks to two key factors: a dramatic drop in interest rates, and a significant rebound in the stock market — especially for some of our local high-tech giants. While 30-year fixed mortgage rates have ticked up just a bit in the new year to 2.73%, they’re still well below the nearly 5% rate we experienced in late 2018.
We know single family home sales are up during the pandemic, but how’s it going on the condo and townhome market?
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