Bay Equity News
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In a shifting housing market a growing number of homes are selling for less than their original asking price. In February nearly two-thirds (64.2%) of homes sold below list price up from 60.9% the year before. Meanwhile just 20.5% sold above asking a slight drop from 22.8% a year ago.
One key reason for this trend?...
Relaxing in your own hot tub is one of life’s simple pleasures but requires commitment maintenance and future planning.
Finding a hard flat surface is the first priority. Indoor installation brings privacy and protection from the elements though outdoor hot tubs are easier to deliver and install. Many hot tubbers also enjoy the connection to nature...
While it's natural to hope for lower mortgage rates before buying a home the reality is that market conditions can be unpredictable and rates may not decrease as expected.
Instead of focusing solely on timing the market it's more important to consider whether buying a home makes sense for you right now based on your...
President Donald Trump’s tariffs on goods from U.S. trade partners are already showing signs of driving up new home prices.
During the first half of April the president has launched a series of sweeping levies intended to eliminate the American trade deficit. Immediate effects included a massive stock selloff and more bond buying leading to...
Average rates remained relatively flat throughout March continuing weekslong narrow path as bond yields undulate with traders’ economic concerns.
The current rate stability is expected to draw more buyers back into the purchase market in late spring or early summer.
The weekly average mortgage rate dipped to its lowest level of the year in March. Additionally...
Home equity remains one of the key financial advantages of homeownership. It’s how many homeowners build wealth and when accessed it can provide funds for a range of uses.
According to CoreLogic the average homeowner is now sitting on approximately $311 000 in equity. On average each gained about $5 700 in equity in 2024...
