Todd & Lisa Sheppard
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Archive for November 2012

Conditions Are Improving, but Tight Housing Supply Is Limiting Growth

November 30th, 2012   by lisasheppard

View of toy houses

News this week of interest to homebuyers, home sellers, and the home-curious: A limited supply of homes is holding back sales in Western states, even as the West posted strong sales results for October. The Federal Reserve, meanwhile, says housing markets across the country are improving, especially in the West.

To read more, Click Here.

By the Numbers: Tracking the Housing Market’s Rise and Fall — and its Rise Again

November 29th, 2012   by lisasheppard

A hillside of homes in San Francisco's Bernal Heights neighborhood.

Bay Area home prices are rising again after an unprecedented plunge five years ago.

A report released this week confirms that home prices continue to rise at a steady pace across the Bay Area as well as nationwide, but a close look at the numbers also reveals much more: the extent of the housing market collapse five years ago and the strength of the recovery now under way.

To read more, Click Here.

Bay Area Job Growth, Healthy Housing Markets May Outshine Washington’s Fiscal Cliff

November 27th, 2012   by lisasheppard

Imae of a house made of hundred-dollar bills

Dire warnings of the approaching “fiscal cliff” in Washington obscure solid economic fundamentals in the Bay Area that point to continued economic recovery in 2013 and equally strong forecasts for our housing markets.

To read more, Click Here.

Spectacular Villa Montana Blends Old World Antiquities, Modern Elegance

November 19th, 2012   by lisasheppard

Villa Montana

Villa Montana was built in 2003 but looks centuries older.

Quarterback Joe Montana was an undisputed superstar when he led the San Francisco 49ers to four Super Bowl wins in the 1980s.

Today, his palatial home in Sonoma County‘s Knights Valley is every bit a superstar among Bay Area properties.

Villa Montana is without peer: a baronial mansion with world-class amenities, set on an estate of more than 500 acres near Calistoga in one of Northern California’s premier wine-growing regions.

To read more, Click Here.

Real Estate Week: Prices, Sales Increase in the Bay Area; Inventory Keeps Falling

November 16th, 2012   by lisasheppard

For Rent Signs

Here’s a look at news this week of interest to homebuyers, home sellers, and the home-curious:

PRICES, SALES INCREASE IN BAY AREA The California housing market posted strong year-over-year price gains and sales in nearly every county last month, with the Bay Area seeing some of the biggest increases in the state, according to a Thursday California Association of Realtors report.

To read more about the housing market, Click Here.

Horse Lovers, Families Are Loving Sonoma Valley’s Diamond A Ranch

November 16th, 2012   by lisasheppard

The view from Sonoma Mountain. The Diamond A Ranch subdivision sits on the mountain’s southeast slope.

Located on the southeast slope of Sonoma Mountain, Diamond A Ranch Estates is a rural subdivision of about 200 homes that’s a favorite among horse lovers for its miles of equestrian trails.

To read more about Sonoma Valley’s Diamond A Ranch, Click Here.

Pacific Union’s October Real Estate Report

November 15th, 2012   by lisasheppard

Pacific Union International’s regional offices are reporting strong results for the month of October, as measured by the percentage of homes in contract. Typically, more than 35 percent of homes in contract indicates a sellers’ market; less than 25 percent reflects a buyers’ market; and between 25 and 35 percent is considered a balanced market. Other measurements, such as median sales price and months’ supply of inventory, also indicate an active real estate market as we move into November.

To read more, Click Here.

Real Estate Week: Bay Area Leads U.S. in Home Price Gains; Homeownership Still Lags

November 2nd, 2012   by lisasheppard

A crowded hillside of homes in San Francisco.

News this week of interest to homebuyers, home sellers, and the home-curious: The Bay Area is No. 1 in the nation for home price gains since January 2009. In just the month of August, homes prices were up 5.3 percent from a year earlier. Also: Americans remain wary of home ownership, and the collateral cost of foreclosures is nearly $2 trillion.

To read the full article, Click Here


Is It Risky To Buy A Home with Unpermitted Work?

November 1st, 2012   by lisasheppard

Housing experts agree that “unpermitted” work is extremely common in the Bay Area. But how big a risk is it to buy a home with these off-the-books additions or changes? We talk with the experts to get the scoop.
To read more, click here.