Our Market News Blog
Mareijke shares the latest trends in the local San Francisco Greater East Bay area residential housing markets and tips for navigating this competitive landscape for home buyers, home sellers and investors.
In the hustle and bustle of the San Francisco Bay Area's housing market, making the right move can be daunting. If you're on the hunt for your dream home or planning to sell your property, the stakes are high, and the process can be overwhelming. That's where we come in. Mareijke W – your trusted realtor and CPA, dedicated to not only simplifying the process but also helping you make...more
The search for the perfect home – it's like finding the missing piece to your life's puzzle. But in a market that moves faster than a hummingbird's wings, and with an abundance of options to consider, where do you even begin? Fret not, because we're here to guide you through this exciting journey with actionable steps that put you on the path to your dream home. Meet Mareijke W, your go-to...more
Buying your first or forever home is an exciting journey, and it can also be a daunting one. Amidst the flurry of homes for sale and dizzying mortgage rate options, there's one step that can significantly smooth your path ahead – choosing your dream team. Let your real estate journey be guided by experts who understand your needs, goals, and the complex financial landscape. Let's dive into why assembling the right experts is essential and...more
Hey there, future San Francisco Bay Area homeowner! So you've decided it's time to make your move into the world of real estate – congratulations! Whether it's your first cozy apartment or your forever dream house, we're here to guide you through this exciting journey. I'm Mareijke W, I am a CPA and I'm not your average realtor, here to offer you a unique blend of financial strategy and real...more
Are you ready to embark on a journey towards financial freedom? If you've been contemplating a venture into the real estate market, you're in for a treat. Rental properties offer a golden path to passive income, and here's why you should consider it:more
I hope you and your family are able to get away and enjoy some fun! We returned from our annual biking trip in Whistler. It was eventful with Craig taking a spill off the bike, and me returning home with possible lyme from a tick bite! Here's a pic for you! Please let me know what you are getting up to?more
As Craig and I are getting ready for our annual mountain biking trip to Whistler B.C., I wanted to share some residential housing market info as we all head into what we hope will be a Great Summer!
In this month's issue:
- Housing is bigger than the stock market here in the US
In my work, I come across this situation all too often. The kids have left the nest, and it's Mom and Dad in a 4-bedroom home all by themselves. Or, the kids have moved to another state, and now there’s a grandchild, and it takes a long plane ride to see him or her. If only you could buy your retirement home, before having to pack up and sell your current home that keeps memories from the past 3 decades. With the right strategy, and...more
Are you thinking about a home renovation project? If so, here are the top home upgrades that will give you the best bang for your buck if you ever want to sell your home down the road:more
How is the Bay Area housing market in 2023?
The Bay Area housing market is going through a transitional phase as home prices adjust to changing economic and housing trends. Tight home inventory available for sale is driven by homeowners locked into 3% average mortgage rates, leaving homebuyers with limited options. This dynamic, while partially impacted by higher interest rates, continues to keep prices high in the San...more
On this Memorial Day Weekend, we are bringing you the May 2023 housing market update in charts. Our local Bay Area Market performed well last month, with homes selling sooner after hitting the market, than they did just a couple months ago. (see the end of this newsletter for area specific numbers).
While mortgage for loans less than $1,089,300 (jumbo loans) again touched 7% * this past week, we are not in a crashing...more
Buying a home sounds simple in theory, but there are many misconceptions that can make the process complicated and difficult to navigate. To help you avoid some of the most common home-buying pitfalls, Mareijke Weidemann and the East Bay real estate professionals at Homes With M are here to debunk a few popular myths. Find out the truth below, then...more
A rent-back is a short-term lease agreement that lets you stay in your home after selling it to a buyer. This makes it an extremely appealing option for many homeowners in the Bay Area who are eager to sell their home but perhaps haven’t found the perfect place to move to just yet. In this blog, Mariejke Weidemann and the team at...more
Selling your home in the Bay Area in 2023 is a profitable experience if you follow the right steps and strategies. However, it is also a complex process that requires the appropriate level of planning, preparation, and expertise.
That’s why you need a trusted and experienced partner who can guide you through every stage of the journey and help you achieve your goals. That’s where...more
Spring has kicked off with a BANG and so has the Bay Area housing market. Multiple offers are the norm, as homebuyers compete for the very limited homes available for sale in one of California’s most desirable areas. Credible industry experts, such as Mareijke Weidemann at Homes With M, are saying that housing bottomed out last month and our clients have been experiencing this firsthand — so what do...more
It's here — the end of the first quarter of 2023. And it’s not ending without its share of major events getting national and global news attention. This includes the collapse of Silicon Valley Bank — a headline that shocked homeowners, real estate investors, and everyday individuals alike. In today’s article, Mareijke Weidemann, the real estate expert at Homes With M, is going to dissect what this...more
As we get ready to launch into the Spring Housing Market, I'm sharing thoughts on some popular topics being discussed right now.
What's happening with interest rates and our housing supply?
Why would you walk away from your 3% mortgage interest rate?
Getting your home ready to sell? Make these repairs…
If you’re curious about the answers to these questions, or if you’re simply...more
As we wrap up another eventful year, and get ready to gather with family and friends to celebrate the season and each other, I hope this note finds you well.
I am grateful to continue to have had the privilege to help guide many of you in accomplishing your real estate goals. So many moments of kindness were shared among our communities, and I’ve also experienced moments of personal growth in working with each of you. Thank...more
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. Now, things have changed and we are moving back to the housing market in the days leading up to the covid pandemic, which was a more stable time.
This year, buyer demand has eased as higher mortgage rates and mounting economic uncertainty moderated the market. This slowdown in demand is...more
August results are in!
Home sales slowed, and we are still in a seller’s market
Mortgage rates are up and we have seen home sellers take price reductions we haven’t seen in years. As a result, if you are looking to buy a home, in many markets you can now get way more house for the total purchase price, than just 5 months ago (something we are definitely seeing in high-end Bay Area markets in...more