Todd & Lisa Sheppard
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Archive for April 2014

Real Estate Roundup: Bay Area Housing Markets Most Competitive in U.S.

April 30th, 2014   by lisasheppard

Home prices rising

Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that more that 85 percent of houses in the San Jose and San Francisco regions receive multiple offers. Also, our local Bay Area counties lead the state when it comes to fewest distressed sales.

To read more, Click Here.

Bay Area Tops Homeowner Equity List in First Quarter

April 30th, 2014   by lisasheppard

Imae of a house made of hundred-dollar bills

Rising home prices have helped homeowners get back above water on their mortgages over the past year — especially in the Bay Area. In fact, the San Jose and San Francisco metro areas rank No. 1 and 2 in the nation for the highest percentage of homeowners with at least 50 percent equity in their homes.

To read more, Click Here.

Real Estate Tops Gold as Best Long-Term Investment

April 29th, 2014   by lisasheppard

Survey icon

Real estate ranks ahead of gold, stocks, bonds, or savings accounts as the best long-term investment today, according to a nationwide poll.

To read the full report, Click Here.

Pacific Union Quarterly Report: Q1 2014

April 29th, 2014   by lisasheppard



First-quarter home sales started slowly in Pacific Union’s Sonoma County region, but as the inventory of available houses began to come to market, the velocity of sales picked up accordingly. By the end of March, a familiar pattern had emerged: Buyer demand outstripped the supply of homes, bidding wars were commonplace, and sales prices  rose significantly.

Homes at lower price points saw the strongest demand, but limited availability held back sales. A surplus of distressed properties supplied the lower end of the market in recent years, but that stream has since slowed to a trickle. With real estate activity moving upmarket, sales during the first quarter were strongest in the $400,000-to-$600,000 range and homes priced $1 million and higher. Sales velocity remained strong across all price points, however, and as soon as a well-priced property came on the market, it quickly went into escrow.

Looking Forward: Sonoma County’s real estate markets are entering a period of continued equity growth. Increased demand, and limited supply, over time will favor sellers. We expect buyer demand to remain exceptionally strong. Sellers, after more than a year of regaining equity, may find new incentives to put their homes on the market. We look forward to a busy spring and summer.

To read about Bay Area other counties, Click Here.

Sellers: Take Spring Cleaning Seriously

April 23rd, 2014   by lisasheppard

Cleaning supplies

If you plan to put your home on the market over the next few months, you have some work ahead. As a seller, you’ll be competing for the attention of buyers, and nothing will catch their interest like a bright, inviting home.

To read more, Click Here.


Real Estate Roundup: Marin, San Mateo Home Prices Eclipse Million-Dollar Metric

April 22nd, 2014   by lisasheppard


Recent news of interest to homebuyers, home sellers, and the home-curious includes reports that home prices in Marin and San Mateo counties have now surpassed the $1 million mark and Bay Area rents have reached record highs.

To read more, Click Here.

Pacific Union Wins Christie’s International Real Estate Affiliate of the Year Award

April 22nd, 2014   by lisasheppard


We’re very excited to announce the news that Christie’s International Real Estate has named Pacific Union its “Affiliate of the Year” for 2013.

Pacific Union, one of 139 global affiliates in the Christie’s network, won the top honor for its creative and effective marketing, superior branding, and innovation. Christie’s presented the award earlier this month at its annual global conference in Barcelona, Spain.

“A true industry leader, Pacific Union has long been known for its innovative programs and quality services, and we are proud to award the company with this prestigious distinction,” Bonnie Stone Sellers, CEO of Christie’s International Real Estate said in a statement.

Pacific Union CEO Mark A. McLaughlin calls the accolade a “deep honor” resulting from collaboration and teamwork.

“We are deeply honored to receive this award and look forward to continuing our fantastic collaboration with Christie’s for many years to come,” McLaughlin said. “Our exclusivity with this prestigious brand undoubte

Bay Area Median Sales Price at Highest Level in More Than Six Years

April 21st, 2014   by lisasheppard

Toy houses

The median sales price for Bay Area homes jumped 23.2 percent in March from a year earlier, while sales volume fell 12.9 percent. Unsurprisingly, a tight supply of available homes on the market explains both numbers.

To read more, Click Here.

Pacific Union Earns Prestigious Award for Custom Technology Tool

April 18th, 2014   by lisasheppard


Pacific Union is pleased to share the news that we recently won a prestigious accolade for our custom-built digital tool, which allows real estate professionals to give top-quality client presentations with the click of a button.

To read more about this exciting news, Click Here.

Good News: When It Comes to Property Taxes, Bay Area in the Middle of the Pack

April 18th, 2014   by lisasheppard

Toy houses

Property tax rates in the Bay Area range from 0.7 percent in San Francisco and San Mateo counties to 1.2 percent in Contra Costa County — far below other regions of the country where tax rates approach 4 percent.

To read more, Click Here.