Todd & Lisa Sheppard
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Lisa
Sheppard
Mobile:
707-483-9990
Email:
Lisa@TEAMSHEP.com
BRE # 01154225
Todd
Sheppard

Mobile:
707-235-6870
Email:
Todd@TEAMSHEP.com
BRE # 01314350

Archive for April 2015

Pacific Union Quarterly Report: Q1 2015

April 29th, 2015   by lisasheppard

socoq12015

SONOMA COUNTY

“Where did all the sellers go?” might have been the most frequently asked question in Pacific Union’s Sonoma County region in the first weeks of 2015. The supply of homes was exceptionally tight, frustrating the best efforts of buyers hoping to make an off-season deal. Thankfully, inventory loosened by mid-February and expanded even more by March. Buyer demand, meanwhile, remained exceptionally high. Contracts were drawn up and homes were put into escrow as quickly as they came on the market

Sales prices, meanwhile, continued to climb throughout the quarter, reflecting not only the rising value of the properties but also the nature of homes on the market. One year earlier, foreclosures and short sales accounted for much of the region’s sales activity, but virtually all of that stock was exhausted by the start of 2015, and the market moved up to higher-priced homes.

Looking Forward: We expect a bustling spring selling season. Sonoma County’s supply constraints will continue in the second quarter, but those sellers who put their homes on the market with a fair price will likely see multiple offers and a quick sale.

To read about other regions, Click Here.

In California, Water Conservation Begins at Home

April 24th, 2015   by lisasheppard

Bathroom sink faucet

Worsening drought conditions demand the attention of all Californians. Whether you are a home buyer or a seller, water conservation will increasingly be a part of your real estate discussions — and decisions.  Home owners should take advantage of the many rebates and free products that are available.

To read more, Click Here.

Real Estate Prognosis: ‘Smooth Sailing’ for the Next Three Years

April 24th, 2015   by lisasheppard

Image of arrows pointing up

Great news for all you home buyers and potential home buyers.  The real estate industry is poised for solid growth for the next three years, with home prices rising 4 to 5 percent each year and a solid expansion of new-home construction, according to a survey of economists and real estate analysts.

To read more, Click Here.

The Time Is Right for 7 Million U.S. Homeowners to Refinance

April 20th, 2015   by lisasheppard

Photo of a $100 bill

Are you one of the more than 7 million homeowners that could benefit from refinancing their mortgage and reducing their monthly loan payments?  If so, you’ll need to act quickly before interest rates climb higher this summer.

To read more, Click Here.

Real Estate Roundup: Bay Area Homes Selling Fast This Spring

April 20th, 2015   by lisasheppard

forsalesold

Recent news of interest to homebuyers, home sellers, and the home-curious includes statistics that show that homes in San Jose, San Francisco, and Santa Rosa are selling at a faster pace than anywhere else in the country. Also, a look at how California’s drought could impact much-needed housing construction.

To read more, Click Here.

Staging Can Increase a Home’s Appeal During Bustling Spring Season

April 14th, 2015   by lisasheppard

staged_home_2

With the arrival of Spring, potential homebuyers will begin pounding the pavement, and homes that make a good first impression are the most likely to make the biggest impressions on eager buyers in what could be a crowd of open houses. That’s where staging comes in.   It’s not about decorating your home; it’s about selling your home.

To read more, Click Here.

Pacific Union Now Ranks in the Top 10 U.S. Brokerages for Sales Volume

April 13th, 2015   by lisasheppard

Pacific Union logo

One of the many reasons I’m so glad to be a part of the Pacific Union team:

Pacific Union has moved up the ranks of RISMedia’s 2014 Power Broker list and the latest REAL Trends 500 list and is now one of the 10 largest brokerages in the U.S. as measured by sales volume.

The firm has experienced in excess of 20 percent annual growth for the fifth consecutive year since the acquisition from GMAC Homes Services in 2009 and has accomplished these results organically, without acquiring other companies.

To read more, Click Here.

 

7 of 9 Bay Area Counties Now at Full Employment

April 13th, 2015   by lisasheppard

helpwanted

Unemployment rates dropped from January to February in all nine Bay Area counties, one more reason that demand for local real estate should remain high as the busy spring buying season kicks into gear.

Click Here to read more.

High Housing Costs Holding Back California Economy, Study Says

April 10th, 2015   by lisasheppard

GoldenStateFlag

California has some of the most expensive housing prices in the U.S., a metric that could be keeping the state’s vibrant economy — already the world’s eighth largest — from reaching its full potential.

To read more, Click Here.

Do You Want a Bigger Home? It Depends on Your Age.

April 1st, 2015   by lisasheppard

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

Are you happy with the size of your home?  It turns out most Americans aren’t, according to a recent poll.  Many would prefer a bigger residence, but some would rather downsize, and age has a lot to do with the preference.

To read more, Click Here.