Blog Posts

How Does the Fed’s Rate Increase Really Affect Mortgages?

meredith-martin-fed-interest-rate-effect-mortgages

It’s hard to miss the headlines about the Federal Reserve’s benchmark interest rate hike – a full three-quarters of a percentage point, the biggest increase in 28 years. So what does that mean for mortgages? While it’s true that efforts to tame inflation by increasing the short term lending rates affects everything from credit card borrowing and car loans to, yes mortgages, it’s not as straightforward as many people assume, especially where 30 year fixed mortgages are concerned. The Fed’s

Continue Reading

The Real Estate Market is at the Start of the Shift

At the beginning of any real estate market shift, we see inconsistent deals happen. One listing will sell for over 30% of its list price, while another seemingly similar one will receive no offers at all. That’s because odd deals are typical of a changing market, which is what we are most certainly in. While these charts are local to San Francisco, we’re seeing similar trends happening in every market in the country.  Year over year we’ve only seen a 3%

Continue Reading

Reno – The Gateway City for Summer Adventure in the Sierra

reno-gateway-city-sierra-adventure-meredith-martin

After our recent looks at Tahoe’s best beaches and the foodie side of Reno, we’re back with a peek into the duality of Reno-Tahoe. This is a corner of the world where you can kayak or climb in the middle of downtown, go from mountain top to beachfront in the same day, hike or bike to secluded waterfalls before trying your luck at the blackjack table… you get the idea. Reno really is the greatest kind of gateway city, and

Continue Reading

The 2022 Real Estate Market Shift

meredith-martin-real-estate-market-shift-2022

In the last week of May, home listings leapt 9% in a year-over-year comparison. Between mid April and mid May, new listings increased twice as fast as they did in the same timeframe last year. But pending home sales in April were down almost 4% from March and down just over 9% from April 2021. Clearly, we’re seeing a cooling in the market, and depending on what side of the real estate transaction you’re on, that may or may not

Continue Reading

Craigslist, Scammers, and Real Estate

meredith-martin-craiglist-scams-real-estate

Every few weeks, I get a call from someone who is reaching out to see whether a property I had listed is actually for rent. These tech-savvy folks have often performed a reverse search on the photos posted in the rental listing and found my information. Almost always, my answer is no – the property is not for rent, the photos and/or listing details are being used without permission, and they’re interacting with a scammer. Here’s what to know about

Continue Reading

Site Footer