by Peter Richmond | Jul 6, 2018
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...
by Peter Richmond | Jun 29, 2018
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...
by Peter Richmond | Jun 22, 2018
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...
by Peter Richmond | Jun 14, 2018
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...
by Peter Richmond | Jun 1, 2018
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...
by Peter Richmond | May 25, 2018
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! ...