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Blog Posts (64)

  • San Mateo County Real Estate Market Update | April 2024

    For expert guidance and support throughout your journey, reach out to Benson Group when you're ready to take the next step towards finding your dream home.

  • Maximize Your Investment Potential with Your Home

    Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting home prices would drop by as much as 10-20% — and that might have made you feel a bit unsure about buying a home. But here’s what actually happened: home prices went up more than usual. Brian D. Luke, Head of Commodities at S&P Dow Jones Indices, explains: “Looking back at the year, 2023 appears to have exceeded average annual home price gains over the past 35 years.” The big takeaway? Home prices almost always go up. As an article from Forbes says: “. . . the U.S. real estate market has a long and reliable history of increasing in value over time.” In fact, since 1980, the only time home prices dropped was during the housing market crash (shown in red in the graph above). Fortunately, the market today isn’t like it was in 2008. For starters, there aren’t enough available homes to meet buyer demand right now. On top of that, homeowners have a tremendous amount of equity, so they’re on much stronger footing than they were back then. That means there won’t be a wave of foreclosures that causes prices to fall. The fact that home values went up every single year except those four in red is why owning a home can be one of the smartest moves you can make. When you’re a homeowner, you own something that typically becomes more valuable over time. And as your home’s value appreciates, your net worth grows. So, if you’re financially stable and prepared for the costs and expenses of homeownership, buying a home might make a lot of sense for you. For expert guidance and support throughout your journey, reach out to Benson Group when you're ready to take the next step towards finding your dream home. ---------- Source: keepingcurrentmatters.com

  • The Spring Housing Market: Expert Insights and Analysis

    If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season. Odeta Kushi, Deputy Chief Economist, First American: “. . . it seems our general expectation for the spring is that we will see a pickup in inventory. In fact, that already seems to be happening. But it won’t necessarily be enough to satiate demand.” Lisa Sturtevant, Chief Economist, Bright MLS: “There is still strong demand, as the large millennial population remains in the prime first-time homebuying range.” Danielle Hale, Chief Economist, Realtor.com: “Where we are right now is the best of both worlds. Price increases are slowing, which is good for buyers, and prices are still relatively high, which is good for sellers.” Skylar Olsen, Chief Economist, Zillow: “There are slightly more homes for sale than this time last year, and there is still plenty of competition for well-priced houses. Buyers should prep their credit scores and sellers should prep their properties now, attractive listings are going pending in less than a month, and time on market will shrink in the weeks ahead.” Jiayi Xu, Economist, Realtor.com: “While mortgage rates remain elevated, home shoppers who are looking to buy this spring could find more affordable homes on the market than they saw at the same time last year. Specifically, there were 20.6% more homes available for sale ranging between $200,000 and $350,000 in February 2024 than a year ago, surpassing growth in other price ranges.” If you’re looking to sell, this spring might be your sweet spot because there just aren’t many homes on the market. Sure, inventory is rising, but it’s nowhere near enough to meet today’s buyer demand. That’s why they’re still selling so quickly. If you’re looking to buy, the growing number of homes for sale this spring means you’ll have more choices than this time last year. But be prepared to move quickly since there’ll be plenty of competition with other buyers. For expert guidance and support throughout your journey, reach out to Benson Group when you're ready to take the next step towards finding your dream home. ---------- Source: keepingcurrentmatters.com

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Other Pages (183)

  • Burlingame Real Estate | Benson Group

    1467 Cabrillo Ave Burlingame Let Our Legacy Help Build Yours ​ We started the Benso n Group with a singular mission: client success. We understand that buying or selling a home is a monumental investment, and we approach it with the gravity i t deserves. We blend seasoned expertise, innovative strategies, and the powerful synergy of a family partnership to consistently achieve exceptional results for our clients. ​ Schedule a Consultation BUYERS Get access to the most homes, both on and off the market. "They took the time to understand our hopes and budget, which helped them to keep our searches focused on the right houses rather than just every house that met the Zillow filters." Clarke Family | Buyers SELLERS Don't worry, we'll take care of everything. "When the time to sell arrived, Laurie and Andrew coordinated every aspect including photos, promotional materials, inspections, staging and pricing and at each step kept up a steady line of communication." Jay and Maria | Sellers Communities Work With Us Laurie and Andrew Benson bring a dynamic blend of experience, innovation, and family synergy to deliver exceptional results for their clients. As lifelong residents, they provide a unique local perspective complemented by expertise in negotiation and marketing. With their dedicated team, they consistently exceed client expectations, ensuring an engaging and successful real estate journey. Schedule a Consultation What Clients Say "Laurie and Andrew are extremely professional and you could always be sure that every step of any transaction would be conducted thoroughly, expertly and in a very timely manner." Jess and Romy | Burlingame Sellers Keep in touch Email Join Our Mailing List Subscribed!

  • 1424 Yew St, San Mateo

    < Back 1424 Yew St, San Mateo 1424 Yew St, San Mateo Sold $2,796,000 Property Description Nestled on a quiet side street, this expansive home offers a chance to live in one of the Peninsula's most sought after neighborhoods. Complete with a white picket fence adorned with roses, the pride of ownership shines through in this property. The remodeled kitchen with an eat-in-dining area & adjacent family room gives the much sought after great room concept. A gorgeous private backyard with built in pool and spa offers the perfect place to unwind. Beautiful hardwood floors throughout. Large 2 car garage. Top rated schools, parks nearby, and easy access to downtown San Mateo, shopping, and highways 92 and 101. Contact Agent Benson Group (650) 245-4530 bensongroup@compass.com Request More Info Property Details Property Type Single Family Home Bedrooms 5 Bathrooms 3 Size 2,410 sqft Side Represented Seller Year Built 1973 Property Location 1424 Yew St, San Mateo, CA 94402, USA

  • 785 Willborough Rd, Burlingame

    < Back 785 Willborough Rd, Burlingame 785 Willborough Rd, Burlingame Sold $1,100,000 Property Description ​ Contact Agent Benson Group (650) 245-4530 bensongroup@compass.com Request More Info Property Details Property Type Single Family Home Bedrooms 3 Bathrooms 2 Size 1,610 sqft Side Represented Seller Year Built 1931 Property Location 785 Willborough Rd, Burlingame, CA 94010, USA

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