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Pending home sales reached a 44.3 percent monthly increase in May—a new record, according to the National Association of REALTORS® (NAR). After two previous months of declines, pending home sales are showing a market rebound, with every major region recording a month-over-month increase. This has been a spectacular recovery for contract signings and goes to…

May Be Much Hotter Than Expected—Here’s Why Until recently, the prognosis for the housing market was not great. With the economy in a free fall, home sellers swiftly took down their “For Sale” signs and many buyers chose to wait out the coronavirus pandemic. It was like the pause button was pushed on the normally…

Companies across the country are re-evaluating the need for a traditional office environment and an increase in remote working opportunities could lead to a boom in buyers flocking to the suburbs. “Moving away from the central core has traditionally offered affordability at the cost of your time and gas money,” The Zillow survey found that…

“What’s not likely is that the bulk of potential home sellers and buyers simply throw up their hands and pull back from the market entirely”, Zillow report shows. A new report shows that what was poised to be ‘the most competitive’ spring market in years instead ended up with plummeting numbers of new listings. A…

As of Friday, March 20th, the Lamorinda real estate market is on a firm “pause” while we are observing the necessary SIP (shelter-in-place) until April 8th. We have all heard rumors that this could go on in some form another 30+ days after April 8th. Homes currently on the market that buyers have already viewed,…

Some “Shelter in Place” strategies…:   It is critical that we be as creative as possible to keep all of us engaged. This is a time to be hyper aware of people being lonely and disconnected. Taking care of ourselves is hugely important, and maintaining the social connections that keep our brains happy and communities strong…

Recently there has been a noticeable shift in the Lamorinda market. Buyers are waiting to find the right home at the right price with no urgency to pull the trigger, submit an offer and sign a contract. The “just bring your toothbrush” listings are moving, if price reflects current market values. Overpriced, outdated homes sit…