Homebuyer Webinar Recap: Should I Buy Now? Useful Market Info and Homebuyer Tips
Elevation Real Estate recently had another in their series of homebuyer webinars. This session was full of useful information for first-time homebuyers and, frankly, for all homeowners. Lender partners O’Dette Mortgage Group (OMG Lenders) debunk the myth that when the Fed raises the Fed Fund Rate that mortgage rates go up.
For those who were not able to participate in this webinar, we are providing a link to the video on our Youtube channel. This 21 minute video is well worth your time with information for first-time homebuyers, a better understanding of the Fed process for taming inflation and an overview of the current market.
Elevation Real Estate partnered with O’Dette Mortgage Group (OMG Lenders) to create the webinar. Ephraim Schwartz and Leo Stroe of OMG can be contacted for home loans (and pre-approval letters for homebuyers) and to refinance your home. Contact Ephraim at 415.931.2129 or [email protected] or Leo at 530.581.5089 or [email protected]. Contact one of our experts at Elevation Real Estate with any questions you have about the market or to sell or purchase a property.
Stay up to date on the latest real estate trends.
Last month we saw a big upward swing in median sale prices for single-family homes in San Francisco.
Listings are spending a lot more time on the market than they were last year, with single-family listings spending more than 20% longer on the market.
While much of the Bay Area is experiencing inventory issues, the vast majority of areas are seeing inventories begin to pile up. As we know, San Francisco has the oppo… Read more
Median sale prices in the East Bay have fallen for six months straight.
RSVP Below for Webinar Link | Join Us on 9/10 @ 5:30PM for a 1-Hour First-Time Homebuyer Webinar to Learn What it Takes to Buy a Home & More!
Single-family home median sale prices rose by 4.42% on a year-over-year basis, while condo median sale prices rose by 10.52%. Additionally, the average single-family h… Read more
Single-family inventory levels are 20.05% higher on a year-over-year basis, and condo inventory levels are 13.15% higher.
Although many markets have seen a downtrend in pricing, San Francisco has remained incredibly resilient.
Although prices have been incredibly resilient in the East Bay, the future of this stability is very uncertain, as inventories have been growing at a tremendous rate.
You’ve got questions and we can’t wait to answer them.
