Low Unemployment Helps Raise Values

As regular followers of this blog already know, one factor that helps improve home values is low unemployment rates.  The reason is simple!  If someone’s got a job, they logically have the funds to buy a home.  Well, people, with that in mind, I have good news...

There are many reasons that home values can and do increase. General economic situations; quality of schools; increased demand–they all have positive effects on the value of residences.  However, another category can also have major effects:  amenities.  What...

Values Continue to Climb

Just when it seems impossible to see values go much higher any time soon, new stats come out showing that new highs continue to be reached, and very likely followed by higher ones yet!  Interested?  Read on. Executive Summary: The Bay Area’s median home price reached...

Your Wealth Is Concentrated in Your Home

This may not be surprising, given the cost of houses these days, but surprisingly few people actually realize exactly how much of their net worth or asset total is concentrated in the value of their home.  Therefore, you’ll probably find the following...

Interest Rates–Where Are They Going?

Since the Fed started raising rates last year, the ‘ripple effect’ has followed suit.  Rates for a mortgage have risen and continue to do so.  This means that it will cost you more to buy a house today than this time a year ago.  More important: WHERE will...

Marin Values Hit New Record High!

Well, it was inevitable.  Bay Area median values have continued their ‘ride to the moon’ and once again hit new record highs!  Better Yet: for all of you fellow Marin owners, the Marin median has also hit a new all-time high level: $1.385 MILLION! ...