Should You Buy a Home in 2012?

December 30, 2011 by · Leave a Comment 

If you are gearing up to buy a home, 2012 is the year to make that happen. Housing prices dropped about 5% nationwide in 2011. Economists forecast that 95% of the nation’s metro areas will see a slight uptick in home prices – about a .25% for 2012 – indicating that home prices are stabilizing. San Francisco often leads the way out of downturns in housing/economic cycles and that looks to be the case now.  So with home prices stabilizing and record low mortgage rates, 2012 will be a great year to buy.

Here is the full story from Amanda Gengler of Money Magazine in this video on the CNN website:

http://money.cnn.com/video/pf/2011/12/21/pf_ate_real_estate_outlook_2012.cnnmoney/

 

 

Is Housing Bouncing Back?

December 24, 2011 by · Leave a Comment 

The deeply depressed housing sector finally seems to have found its bottom — and may even be starting to bounce back.

A wide range of housing indicators — construction, home sales, prices — have stabilized in the past few months, although they remain at historically very low levels. And it looks as if construction activity in particular will pick up in 2012.

In the first 10 months of 2011, the number of permits for new-housing units rose 36 percent in the Los Angeles metropolitan area over the corresponding period in 2010. The gain was 31 percent in Dallas, 32 percent in Washington and 35 percent in San Francisco….

Read the full Washington Post article here:  Is Housing Bouncing Back?  http://www.washingtonpost.com/business/economy/is-housing-bouncing-back/2011/12/20/gIQAwpYY7O_story.html

 

‘Twas the Night with the Symphony

December 21, 2011 by · Leave a Comment 

Enjoy the sounds of the symphony and sing along to your favorite holiday tunes as Christmas approaches. ‘Twas the Night is a warm and intimate program, a perfect family event. Shows are Dec 22 at 7pm, Dec 23 at 7pm and Dec 24 at 2pm. Tickets start at $15. Half price tickets are available for ages 17 and under! For tickets pricing and more information: www.sfsymphony.org/holiday

Residential Housing Ready to Awaken

December 19, 2011 by · Leave a Comment 

“After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound. In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures on the decline.

Industry analysts and players cite a number of reasons — some traditional (employment), others unique to the post-credit bubble era (foreclosures) — for the long-awaited sea change. An analysis of industry and government data also support the forecast.

The full article is here: http://www.cnbc.com/id/45599691/Residential_Housing_Ready_to_Awaken

$2m+ Property Sales: Paragon Has Most Agents Making Sales

December 14, 2011 by · Leave a Comment 

For the 12 months ending 11/30/11, Paragon has more agents selling San Francisco residential properties of $2,000,000 & above than any other brokerage. Paragon is one of the top 4 brokerages nationwide for total unit and dollar-volume sales in this price range. (Paragon also has the most agents selling properties of $1.5m and above, and selling properties $1.75m and above). For total sales in the $1.5m+ price range, they’re in the top 3 brokerages by unit sales. Paragon Real Estate Group confidently navigates the Luxury Real Estate Market in San Francisco.

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  • About Us

    Specializing in San Francisco Bay Area real estate, Mike Murphy and Sue Schultes are the right team of real estate agents to help you achieve your goals. Whether you are buying or selling your first home, trading up, or building your real estate investment portfolio, we look forward to working for you and will do so with enthusiasm, energy and professionalism.

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