Todd & Lisa Sheppard
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Archive for March 2015

Real Estate Roundup: Foreclosure Rates Lowest Levels Since Before Housing Crisis

March 31st, 2015   by lisasheppard


Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that U.S. foreclosure filings have dropped to levels not seen since before the housing market crash, mortgage rates have dropped for in time for Spring sales, and home sellers hoping to maximize their home’s value should prioritize the roof.

To read more, Click Here.

Why Do Households Move? Location, Location, Location.

March 25th, 2015   by lisasheppard

Map of Bay Area

Why do most families/households move?  Most of us would probably think  it was because of a job, to be closer to family, to scale down or due to financial reasons.  However, a recent survey found out that’s not the case at all.

A recent survey of 10,000 households found that the location of a new home is as important as the property itself, with 75 percent of households citing location-related reasons for their decision to move.

Click Here to read more.

Bay Area Home Prices, Sales Volume Ratchet Up in February

March 24th, 2015   by lisasheppard

Home prices rising

Both home prices and sales increased from January to February in every Bay Area county, says a new report, though inventory constraints continue to frustrate many would-be buyers.

To read more, Click Here.

Americans’ Confidence in the Economy Hits Highest Level Since the Recession

March 19th, 2015   by lisasheppard


Citizens are currently more optimistic about the country’s economy – and their ability to obtain a mortgage — than at any point in at least the last five years and those sentiments should help propel the housing market as the year progresses.

To read more, Click Here.

Millennials Make Up Largest Share of U.S. Homebuyers

March 18th, 2015   by lisasheppard


Generation Y represents the largest share of home buyers across the country, a recent survey says. And even though virtually all millennial buyers initiated their research online, nine out of 10 turned to a real estate professional when it came time to take action!

To read more, Click Here.

Pacific Union’s February 2015 Real Estate Update

March 16th, 2015   by lisasheppard



Sonoma County’s housing supply remains constrained; February’s MSI dropped slightly to 2.1 but is in line with what we’ve seen for most of the previous year. Buyers took an average of 88 days to close a purchase, one day less than in January.

At $492,000, the Sonoma County median sales price was up on both a month-over-month and year-over-year basis. Buyers paid an average of 95 percent of original price, almost identical to what they did in January.

Defining Sonoma County: Our real estate markets in Sonoma County include the cities of Cotati, Healdsburg, Penngrove, Petaluma, Rohnert Park, Santa Rosa, Sebastopol, and Windsor. Sales statistics in the adjoining chart include all single-family homes and farms and ranches in Sonoma County.

To read about other Bay Area counties, Click Here.


Real Estate Roundup: International Demand for Golden State Homes Remains Strong

March 13th, 2015   by lisasheppard


Recent news of interest to homebuyers, home sellers, and the home-curious includes a report that one in six California home sales involves an overseas buyer, with China the dominant country of origin. Also, about 20 percent of all-cash buyers in the Bay Area subsequently take out a mortgage.

To read more, Click Here.

It’s Never Too Early to Think About Spring Landscaping

March 11th, 2015   by lisasheppard


The recent midwinter warm spell across the Bay Area serves as a reminder that spring is just around the corner. Get your front and back yards in shape for the coming season with these easy tips.  Curb appeal is a major factor for potential homebuyers, who are sure to be out and about in the coming weeks.

To read more, Click Here.

Bay Area Home Sales Volume Plummets in January

March 4th, 2015   by lisasheppard


Home sales declined by double-digit percentages in all nine Bay Area counties in the first month of 2015, the result of limited affordability, according a just-released report from the California Association of Realtors.

To read more, Click Here.

The Coffeehouse Effect: Follow Starbucks for Neighborhoods With Rising Home Values

March 3rd, 2015   by lisasheppard


Looking for the next up-and-coming neighborhood in the Bay Area? Look for a new Starbucks coffee shop.  Seriously.

A new book by two top executives at Zillow says that the opening of a Starbucks store is a accurate predictor of rising home prices in the area.

To read more, Click Here.