Market Updates

May 24, 2022

UP-TO-THE-MINUTE MAY 2022 MARKET UPDATE: Clickbait Alert

 

Welcome to our May 2022 Up-to-the-Minute Market Watch which I felt compelled to share with you because there’s so much going on right now, with lots of clickbait regarding the supposed, ensuing “crash” along with rising rates. None of this is localized, and in our local market, we live ...

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Posted in Market Updates
May 20, 2022

EF HOMES MAY 2022 MARKET WATCH: 1031 EXCHANGE CHANGES

 

HOW WILL 1031 CHANGES IMPACT YOUR INVESTMENT PROPERTY?

In this special Investor Edition of our monthly Market Watch for May 2022, we lay out the potentially massive impacts that may very well affect your investment property in just about 6 months. As we mention in this video, the limitless ...

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Posted in Market Updates
April 28, 2022

EF HOMES SOUTHBAY MARKET WATCH APRIL 2022

 

WOW-FACTOR FINANCING NO ONE IS TALKING ABOUT

As you have probably noticed, the Silicon Valley’s Southbay real estate market is absolutely RED HOT and doesn’t seem to be slowing down. There are a lot of financing myths and options out there that we want to bring to light so ...

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Posted in Market Updates, Sellers
April 28, 2022

EF HOMES SANTA CRUZ COUNTY MARKET WATCH APRIL 2022

6 FINANCING OPTIONS DEFINITELY WORTH EXPLORING

While the real estate market here in Santa Cruz County continues to be heavily influenced by the stock portfolios of those in Silicon Valley and throughout the Bay Area, there are still options for those who are a bit intimidated by the headlines. In ...

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Posted in Buyers, Market Updates
March 25, 2022

EF HOMES SANTA CRUZ COUNTY MARKET WATCH MARCH 2022

 

Why Is 20% Over Asking No Longer Shocking?

 

These stats may have you dropping your jaw, but if you look at Q4 of 2021 where prices had risen 20% to the previous year, you’re looking at a 40% average sale price increase in just a matter of months ...

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Posted in Market Updates
March 25, 2022

EF HOMES SOUTHBAY MARKET WATCH MARCH 2022

$500K Over Asking? Here’s Why It’s Becoming So Common…

Yeah, if it weren’t for the red hot market that was 2021, we wouldn’t believe it either. There are lots of variables at play with the state of the world, rising interest rates and those wanting to lock in a long ...

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Posted in Market Updates
Feb. 24, 2022

EF HOMES SANTA CRUZ COUNTY MARKET WATCH FEBRUARY 2022

Let’s Break Down These Interest Rate Increases

When it comes to the recent headlines on interest rate increases, it might be a bit overwhelming so we’re putting it all in layman's terms. There are a lot of moving parts that determine these rates, but in the end, they will ...

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Posted in Market Updates
Feb. 24, 2022

EF HOMES SOUTHBAY MARKET WATCH FEBRUARY 2022

RATES ARE RISING! Let’s Explain In Layman’s Terms

It’s all about the rising interest rates for mortgages and with low inventory and increasing sales prices here in Silicon Valley, you’re probably curious how it will impact your pocket book. There are a lot of moving parts that determine these rates ...

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Posted in Market Updates
Jan. 25, 2022

EF HOMES SOUTHBAY MARKET WATCH JANUARY 2022

 

HOW TO APPROACH THE SOUTH BAY MARKET WHEN INVENTORY IS SO LOW

Santa Clara County’s individual cities are shockingly low in inventory and as of the morning of January 24, there are only 274 properties on the market in the ENTIRE COUNTY. With hundreds, if not thousands of buyers ...

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Posted in Market Updates
Jan. 25, 2022

EF HOMES SANTA CRUZ MARKET WATCH JANUARY 2022

Mind-Blowing Low Inventory: Find Out Which Cities Have Single-Digits

Right now is a historic time for our entire region when it comes to shockingly low inventory. As I mentioned in this video, cities like Scotts Valley, Capitola, and Aptos at the time of writing this blog (1/24/22) are ...

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Posted in Market Updates