Greg's Blog

Summer is typically the time of year that our housing market slows down as buyers, sellers and agents all take time to enjoy the great weather and go on holiday before school resumes. But for the most part, we are still seeing a vibrant market around the Bay as the calendar turns to August and th...

From entry-level homes to the luxury estates, the Bay Area's housing market gained more momentum in March, according to a number of recently released industry reports. March home sales in the region were at their highest level for that month in five years, the result of lower prices, low interest...

2012 has certainly started off on the right foot. Home sales in the Bay Area were up in January. Several key economic reports showed surprising gains. And even the long beleaguered job market turned in positive numbers in the initial weeks of the new year. Bay Area home sales in January jumped to...

After a modest spring, the local housing market has been heating up this summer with strong sales in June and even into July in many areas. Sales activity has been especially robust in the higher end of our markets – over $1 million in much of the Bay Area and $2 million and up in San Francisco. ...

The leaders of a White House commission charged with reducing the federal budget deficit this week laid out a sweeping proposal that would, among other things, scrap tax deductions on mortgages over $500,000, according to the Wall Street Journal and other news media outlets.  Opponents of the mor...

With the Labor Day weekend upon us, summer is finally drawing to a close. And as consumers return home from the last of their summer vacations, market watchers are anxious to see if fall brings renewed interest in the housing market. Most of our offices around the Bay report a fairly quiet market...

With the expiration of the federal tax credit, the housing market is facing a key inflexion point as we head into the summer vacation season. The government stimulus has certainly helped spur a rebound in the real estate market, but the recovery is fragile and observers are watching closely to se...

The CALIFORNIA ASSOCIATION OF REALTORS® praised California Governor Arnold Schwarzenegger for his leadership in signing the Homebuyer Tax Credit legislation into law."We are pleased that Governor Schwarzenegger recognized the positive impact the tax credit will have for families hoping to buy the...

Tax Credit for Homebuyers Extended! First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8...

Opportunities for foreign real estate investors have increased over the last few years due to the strength of foreign currencies against the U.S. dollar and no shortage of deals in the market. California still has one of the strongest economies in the world. The quality of life and the warm weath...