Key News and Trends Impacting Your Local Market Since most California counties are beginning to lift restrictions, we will start to see the housing market steadily recover. Although an exact end date to quarantine does not exist, on May 20th, Governor Newsom confirmed that more than half of the state’s 58 counties were moving into […]
Key News and Trends Impacting Your Local Market Since most California counties are beginning to lift restrictions, we will start to see the housing market steadily recover. Although an exact end date to quarantine does not exist, on May 20th, Governor Newsom confirmed that more than half of the state’s 58 counties were moving into phase two of […]
Whether it’s FaceTime (or Line, WeChat, Whatsapp, etc.) with grandma and the kids, a Zoom meet up with the college gang, or a Facebook Live happy hour with friends, we’re all finding ways to stay connected while we stay apart. Just as the internet has become our lifeline to friends and family, virtual property tours […]
As sellers contemplate listing in today’s market, we wanted to share several ways we are keeping our clients safe. Although home sales have declined because of less inventory, home prices have remained strong. In fact according to NAR, they rose 0.8% in March — from $5.23 million in 2019 to $5.27 million this year. The […]
UPDATE as of April 30th: San Francisco has updated our Shelter-in-Place Order, easing some restrictions beginning May 4th. The wellbeing of our community is paramount, and we here at Ascend Real Estate are adopting best practices in order to continue serving your real estate needs. A few of the updates: 1. Essential Services: Yes, real estate is […]
Mortgage rates have once again dropped to all time lows according to to the latest data from Freddie Mac. A conforming 30-year fixed loan as of this week averages 3.23%, the lowest on record. A conforming 15-year fixed rate loan is at 2.77%, matching the multi-year record low set in mid-March. Obviously, many owners and […]
According to the California Association of Realtors, the economic and real estate impacts associated with COIVD-19 are still being tallied. However, it is clear that the difficulties will continue for at least the next 1-2 months, even as California gradually begins to resume some economic activity in the coming weeks. Furthermore, there are also preliminary […]
Kid-friendly is in the eye of the beholder, but here are some of our favorite kid-friendly options from EaterSF in the Bay Area open for delivery or take out: San Francisco: Rosamunde: 2832 Mission St in the Mission, open 12:00pm – 9:00pm Nopalito: 306 Broderick St in NoPa, open 11:30am – 10:00pm Z & Y […]
Welcome to our April Market Update. We hope you and your loved ones are safe and well. In this newsletter, we provide important updates on how the global pandemic continues to impact the Greater Bay Area housing market. Key News and Trends Impacting Your Local Market: Banks begin to tighten mortgage lending standards after measures […]
Measured weekly, homes under contract are in steep decline; current data still illustrate a pre-virus market as home prices trend upward and buyers pay a premium to secure a Greater Bay Area home. April Housing Market Update for Greater Bay Area Shelter is always a basic need. Life events—such as relocations, divorces, and deaths—still require […]