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BIDDING WARS
Bidding Wars Reach Their Lowest Level This Year
Competition for homes on the market is lessening, which could provide an opening for home buyers who have been losing out amid this year’s bidding wars.
In August, about 59% of offers on homes written by Redfin agents faced competition, which is a record low for this year and the lowest level since 2020, according to a Redfin analysis. That’s down from a peak of 74% in April.
There have been additional recent signs that the housing market is cooling somewhat...
MORTGAGE RATES
Mortgage Rates Above 3% For The First Time in Four Months
An increase in mortgage rates over the next few months—even though expected to be slight—“will likely have an impact on home prices, causing them to moderate slightly after increasing over the last year.
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WHAT'S YOUR HOME WORTH?
Every home is unique. Get an estimate of your home's value based on sales price history, local trends and other neighborhood data. Berkshire Hathaway HomeServices offers home pricing data used by major U.S. lenders. Leverage out tool's extensive database to get an estimate of a home's value. For the most accurate home valuation, contact Margaret Kapranos for a complimentary assessment.
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The iconic Hamilton Hospital, a distinguished national heritage landmark of Spanish revival architecture, has been stylishly reimagined into a relaxed luxury Assisted Living and Memory Support Community serving Marin County families.
STAY INFORMED
Check out this site for information on community care facilities near you.”
