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Bay Area Real Estate Outlook

rising-interest-rates

Interest Rates are Rising!

Don’t get caught off-guard, interest rates are quickly rising. If you are in the market to buy a home or refinance your current house, call your mortgage advisor today to better understand how the rise in interest rates impacts your purchasing power. This morning’s Pacific Union Blog provided a great update on where things stand today. Here’s what they said, “MORTGAGE RATES SOAR AS THE...

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Real Estate Market Snapshot, Lamorinda, CA, Dec. 2015

2016 is starting off with historically low real estate inventory levels. Low inventory is typical in January but we are definitely lower than normal and buyers are crushed as they are anxiously awaiting product. Coupled with the drop in the stock market,  many buyers are wondering what this means. We don’t have a crystal ball but we do know there are plenty of buyers waiting...

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Interest Rate Adjustment - Lamorinda Real Estate

What does the interest rate adjustment mean for Lamorinda home buyers and sellers?

After much speculation throughout all of 2015, the Federal Reserve finally made a modest adjustment of 0.25% to its benchmark interest rate. In my world, as a seasoned Realtor, those following real estate want to know what this means and how they should react.     In Lamorinda (Lafayette, Moraga, and Orinda), we still have a severe shortage of inventory. Most home buyers are exhausted,...

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Looking Ahead: Pacific Union’s Real Estate Outlook Presentation is November 18

I am excited to share that Pacific Union has joined forces again with Irvine, Calif.-based John Burns Real Estate Consulting to forecast real estate activity and economic conditions across the Bay Area and the Lake Tahoe/Truckee region over the next three years. Would you like to be among the first to learn the factors that will shape our region’s housing market through 2018? Please plan to...

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