We respect and understand that most people are sheltering in these days during this unprecedented event. For those people that have immediate housing needs or feel this might be a good time to invest we’re hear to listen, and when your ready, we’re here to help.
The truth abput Zillow Zillow's "Zestimates" can be tweaked if you know how to add improvements to Zillow's valuation methodology. You need to be the owner, or owner's agent to do this, or an unscrupulous hacker. Actually, you don't even need to be a hacker, anyone can do it. Zillow does offer valuable information they gather from Public Records. But, you're not going to get a bank to loan you money based on a Zillow "Zestimate." Where homes are very similar (condos/townhomes) sometimes Zillow's "Zestimates" can be helpful. But, if you live in an area where the home styles vary, for real estate agents (your best source for what the true value of your property is) Zillow's "Zestimates" can drive you crazy. Many home sellers and buyers give credence to Zillow's "Zestimates." Unfortunately the degree of accuracy of Zillow's "Zestimates" can vary dramatically from neighborhood to neighborhood. To real estate professionals is what makes this video so hilarious, and wonderfully ironic...enjoy!
SB Twilight Is this the year frustrated buyers will finally have the opportunity to buy or will rising home prices leave them all behind? Realtors, investors, home buyers, and renters across California continue to wait in limbo for the 2024 California housing market to unfold. Is this spring the “inflection point” the media has touted for the real estate market? Mortgage Rates have fallen below October's levels and will likely fall further as the year progresses. Even though that's good news without knowing how the FED will react it's difficult for Sellers and Buyers to know what to do. Click Read More below for more information, local Santa Barbara real estate statistics, and video.
Silicon Valley Bank The collapse of Silicon Valley Bank (SVB) may have significant implications for the technology industry, which in turn could have a significant impact on the real estate market. Silicon Valley Bank had been a key financial institution in the technology industry providing funding and support to many startups and tech companies. One impact will probably be a decrease in demand for commercial real estate and housing in the Silicon Valley region. It could also lead to a slowdown in the tech industry resulting in job losses and fewer people looking for homes and office space It's conceivable that it might put downward pressure on real estate prices. Click Read More below for the whole post and videos.
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