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Showing posts from March, 2017

East Bay and South Bay MLSs agree to cross-share data on their systems

One of my biggest pet peeves is inaccurate data. I really feel bad when I have to break the news to a client who excitedly sent me a link for a home that it was showing as available b/c the listing agent posted the home on multiple MLSs and forgot to update their non-home MLS(s). Starting April 3, the madness (hopefully) ends! All active and off market MLS information from MLSListings will appear in the BayEast/Paragon System and vice versa. This means once a listing agent enters the data once in either MLS system, they will automatically appear in the other.

A (hopeful) bi-partisan push to fix Fannie and Freddie Mac

Starting next year, Fannie and Freddie will not be able to retain any capital.  This was part of the terms of their bailout package in 2008.  Why is this important? It means starting next year taxpayers will probably have to foot the bill if they incur any losses.  It's important to remember that Fannie and Freddie back about 40 percent of the nation’s home loans. There are a few lawmakers and private industry titans getting together to brainstorm on how to deal with this.   More info here-- https://www.bloomberg.com/news/articles/2017-03-28/fannie-freddie-fix-is-focus-of-senators-push-across-party-lines

California Pending Home Sales Index

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California February Sales Data

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February Santa Clara County Housing Statistics

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February South Bay Single Family Home Statistics

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MLSListings of the South Bay just released their data for single family homes.

February South Bay Condo/Townhome Statistics

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MLSlistings of the South Bay just posted the data for condos and townhomes for the area.

East Bay March Weather Report

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February East Bay Housing Market Statistics

BayEast posted their housing statistics for the month of February.  You can find it here-- https://bayeast.org/community-info/community-info/ Click on the city you want and then "Housing Market Information" followed by "Current Attached" or "Current Detached"