Todd & Lisa Sheppard
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Archive for May 2015

California Median Home Price Reaches Highest Level Since 2007

May 27th, 2015   by lisasheppard


The median Golden State home price hit its highest point in more than seven years in April, while sales volume rose for the third consecutive month. The Bay Area also enjoyed healthy home sales gains in April, with volume rising by more than 20 percent from the previous month.

Housing demand is now turning into actual sales due to solid job growth, record-low interest rates, and looser lending requirements.

To read more, Click Here.

Golden State Real Estate Investors Optimistic About Price Growth

May 22nd, 2015   by lisasheppard


Good news for home buyers and home sellers! An overwhelming majority of California real estate investors believe that property prices will grow in the coming years, according to a recent survey, and they’re anticipating handsome returns. The poll also found that investment activity is picking up in Northern California this year.

To read more, Click Here.

Self-Storage Lockers: A Second Home for Many Americans

May 22nd, 2015   by lisasheppard

Self-storage units

Are you  part of the 10 percent of Americans whose home away from home is a self-storage locker that houses the overflow of busy lives.  Here are some tips to make sure your prized possessions are kept safe if you put them in storage.

To read more, Click Here.

Pacific Union’s April 2015 Real Estate Update

May 19th, 2015   by lisasheppard



The median sales price in Sonoma County has been gaining steam every month in 2015 and closed out April at $541,000. The average seller took home almost 100 percent of the original price, the most in the past year

Homes left the market in 55 days, more than a month faster than earlier in the year, and the MSI dropped to 1.6.

To read about other counties, Click Here.

Wealthy Americans Propel Vacation Home Sales to New High

May 13th, 2015   by lisasheppard


Thinking of purchasing a vacation home?  You’re not alone — one in five U.S. properties sold in 2014 was a vacation home, the result of a thriving economy and strong consumer confidence.  Vacation home sales surged 57.4% from 2013 to reach 1.3 million units.  The steady rise in home prices has given consumers them confidence that real estate is a good long-term investment.

To read more, Click Here.

Drought-Tolerant Landscaping Rapidly Becoming a Selling Point in California

May 12th, 2015   by lisasheppard


Properties featuring drought-tolerant landscaping will likely fetch a premium from home buyers, particularly in the environmentally conscious Bay Area.  If you haven’t already done so and plan on selling in the neat future, you may want to take steps now to incorporate water-saving features in your landscaping.

To read more, Click Here.

California, Bay Area Job Markets Continue to Gain Momentum in March

May 7th, 2015   by lisasheppard


Unemployment dropped from February to March across the Golden State and all Bay Area counties, with Sonoma County coming in at 4.6 percent.

To read more, Click Here.

Home Flips See Big Annual Declines in California, Most Bay Area Counties

May 5th, 2015   by lisasheppard


The number of home flips in 2014 fell by more than 20 percent from the previous year in California and seven of nine Bay Area counties, but the good news is that such transactions made up a greater percentage of last year’s sales locally than they did nationwide.  In Sonoma County, homeflips made up 6.1% of home sales transactions.

To read more, Click Here.

Economy Drives Explosive Home Sales Growth in the Bay Area in March

May 1st, 2015   by lisasheppard

Toy houses

Home sales in the Bay Area shot up by almost 60 percent from February to March while prices increased in all nine counties, thanks in large part to our region’s vigorous economy.

To read more, Click Here.