Todd & Lisa Sheppard
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Archive for October 2013

Good News: Most Neighbors Like Each Other

October 31st, 2013   by lisasheppard
Homes in Oakland's Rockridge neighborhood

A recent survey by the real estate classified ads website Trulia found that two-thirds of all Americans like their neighbors. And familiarity breeds contentment: 80 percent of people who know their neighbors’ names generally like them.

To read more, Click Here.


Foreclosures Take a Steep Dive in California; Shadow Inventory Is Gone

October 30th, 2013   by lisasheppard

Toy houses

A pair of housing reports confirms that foreclosures and distressed-property sales have dropped dramatically in California, eliminating the “shadow inventory” that hovered over the housing recovery a year ago.

To read the full report, Click Here.

Real Estate Roundup: Controversial San Francisco Condo Development in Voters’ Hands

October 29th, 2013   by lisasheppard


Of interest to home buyers and home sellers this week, San Francisco voters will get the final say on a contested 12-story condo plan, equity sales were up in the Golden State in September, but pending home sales took a slight slip, bidding wars relaxed in September, and existing homes sales dipped in September, except in the West.

To read the full report, Click Here.

Remodeling Projects Are Expanding — and More Expensive — as Economy Improves

October 29th, 2013   by lisasheppard

Kitchen remodel

As the economy gets back on track, remodeling projects are becoming increasingly popular, with a recent survey finding that owners are willing to spend 30 percent of the value of their home when they remodel.

To read more, Click Here.

Bay Area Move-Up Buyers: Now Is the Time to Act!

October 28th, 2013   by lisasheppard


Many would-be move-up buyers have been sitting on the sidelines in recent months, crossing their fingers that the Bay Area’s superheated real estate market will cool. But conditions are about to get tougher – so hesitant move-up buyers should act now.

To read more, Click Here.


Pacific Union Quarterly Report: Q3 2013

October 23rd, 2013   by lisasheppard


Home prices remained solid across of all Pacific Union’s regions in the third quarter, while inventory slightly expanded in many, offering relief for buyers. Get an in-depth look into market conditions in the Bay Area and Tahoe/Truckee in our comprehensive Q3 quarterly report.

To read the full report, Click Here.

Bay Area Market Appreciation: A Glimpse Into the Future

October 22nd, 2013   by lisasheppard

Illustration of a home sitting atop stacks of money

Pacific Union CEO Mark A. McLaughlin weighs in on the John Burns Real Estate Consulting Home Value Index, a forward-looking report that predicts continued home price appreciation in the Bay Area through 2017.

Click Here to read more.

Real Estate Roundup: Silicon Valley Tops List of Priciest U.S. ZIP Codes

October 21st, 2013   by lisasheppard

Atherton train station

Recent news of interest to home buyers, home sellers, and the home-curious includes a report from Forbes that four Bay Area ZIP codes are among the nation’s top 10 most expensive real estate markets. Also, analysts say the superheated U.S. housing market of earlier this year has cooled down.

To read the full report, Click Here.

Rooftop Solar Panels in California More Affordable Than Ever

October 18th, 2013   by lisasheppard

Rooftop solar panels

Prices for residential solar-power systems have dropped more than 25 percent over the past two years. Together with new financing options, solar power is more affordable than ever for California homeowners.

To read more, Click Here.


California Realtors Forecast Healthy Growth in 2014

October 17th, 2013   by lisasheppard

Illustration of a person in front of a for-sale sign

The California Association of Realtors predicts that home-sales volume in the state will rise 3.2 percent in 2014 and the median sales price will increase by 6 percent. And for the first time in several years, real estate markets could open up to first-time and trade-up homebuyers.

Click Here to read more.