Source: compass.com National and regional statistics are generalities, essentially summaries generated by thousands of unique, individual listings and sales occurring across different market segments. They are best seen not as precise measurements, but as broad, comparative indicators with reasonable margins of error. Anomalous fluctuations in statistics are not uncommon, and last period data should be considered preliminary estimates which may be revised in future updates. Different analytics programs sometimes define standard statistics - such as "active listings," "days on market," and "months supply of inventory" - differently: What is most meaningful are not specific numeric calculations but the trends they illustrate. Data from sources deemed reliable, but may contain errors, and subject to revision. All numbers to be considered approximate, and how these analyses apply to any particular property is unknown without a specific comparative market analysis. Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

Source: compass.com Statistics are generalities, essentially summaries of widely disparate data generated by dozens, hundreds or thousands of unique, individual sales occurring within different time periods. They are best seen not as precise measurements, but as broad, comparative indicators, with reasonable margins of error. Anomalous fluctuations in statistics are not uncommon, especially in smaller, expensive market segments. Last period data should be considered estimates that may change with late-reported data. Different analytics programs sometimes define statistics - such as "active listings," "days on market," and "months supply of inventory" - differently: what is most meaningful are not specific calculations but the trends they illustrate. Most listing and sales data derives from the local or regional multi-listing service (MLS) of the area specified in the analysis, but not all listings or sales are reported to MLS and these won't be reflected in the data. "Homes" signifies real-property, single-household housing units: houses, condos, co-ops, townhouses, duets and TICs (but not mobile homes), as applicable to each market. City/town names refer specifically to the named cities and towns, or their MLS areas, unless otherwise delineated. Multi­county metro areas will be specified as such. Data from sources deemed reliable, but may contain errors and subject to revision. All numbers to be considered approximate. Many aspects of value cannot be adequately reflected in median and average statistics: curb appeal, age, condition, amenities, views, lot size, quality of outdoor space, "bonus" rooms, additional parking, quality of location within the neighborhood, and so on. How any of these statistics apply to any particular home is unknown without a specific comparative market analysis.

According to Keeping Current Matters, overpricing a home can lead to more harm than good — especially in today's evolving real estate market. While it might be tempting to aim high, pricing your home above market value can delay offers, create unnecessary stress, and even lead to a lower final sale price. 1. Homes That Sit Too Long Lose Value When inventory increases, buyers have more options and become more selective. An overpriced home might not get enough attention early on, which is when the most interest usually peaks. The longer a property sits on the market, the more buyers begin to question its value — and that can lead to price reductions just to regain visibility. Listings that linger can lose their initial momentum, forcing sellers to make repeated adjustments or risk having the home go stale. That's not a position anyone wants to be in. 2. Overpricing Can Lead to Unwanted Choices When a listing doesn't perform well, sellers often face difficult decisions: Lower the price significantly Take the property off the market Rent the home instead of selling Each of these outcomes means time lost and plans delayed. Whether you're relocating, moving into a new home, or simply looking to maximize your investment, a poorly priced listing can get in the way of your bigger goals. 3. Pricing Smart Requires Strategy, Not Guesswork It's essential to base your price on local market trends, not just aspirations. That means understanding whether the area is in a buyer's or seller's market, studying comparable sales, and working with a clear timeline. In some cases, pricing slightly below market value can spark competition and lead to multiple offers—driving the final price up. Other times, pricing right at market value attracts serious buyers quickly. What's important is to remain strategic and flexible, with guidance from professionals who know your neighborhood. Real Estate Is Local — National Trends Don't Tell the Whole Story The percentage of homes with price cuts varies widely by region. According to Keeping Current Matters, about 23% of listings in the West had price reductions, compared to just 13% in the Northeast. Your strategy should reflect what's happening in your ZIP code, not just what's on the news. That's where local expertise truly shines. What We Bring to the Table As a team of experienced agents, we don't rely on guesswork. We use: Detailed comparative market analysis (CMA) Current buyer behavior insights Real-time feedback on showings and traffic Our approach ensures that your home is positioned to sell — not just listed and left. The right price, combined with strong marketing and expert representation, results in quicker sales and stronger offers. The Positive Takeaway: Smart Pricing Wins When sellers price confidently — and realistically — they gain control of the process. That means: Shorter time on the market Fewer price reductions Better buyer perception A smoother transaction overall There's nothing more rewarding than seeing your home sell quickly and competitively. How We Help Sellers Succeed Accurate Valuations:  We evaluate your property using up-to-date market data. Strategic Marketing:  Every listing is launched with a plan — from staging to photography to digital exposure. Consistent Monitoring:  We track activity and buyer feedback, making timely recommendations when needed. Personalized Support:  You'll never be left guessing. We're with you every step of the way. Overpricing might seem like a good idea at first — but it often works against sellers. A well-priced home attracts the right buyers, leads to faster offers, and avoids the stress of price drops and re-listing. If you're considering selling and want to discuss a smart pricing strategy tailored to your goals and the current market, reach out to our team. We're here to help you make the most of your home sale — starting with the right price. Source: keepingcurrentmatters.com

According to Keeping Current Matters, the housing market is on track for a steady and healthy finish to 2025. While headlines may still stir uncertainty, the expert consensus shows encouraging signs: moderate price growth, easing mortgage rate volatility, and a gradually increasing inventory of homes for sale. As real estate professionals, we're seeing more opportunities for both buyers and sellers to act with confidence — and I'd like to break down what that means in practical terms for anyone navigating the market this year. Mortgage Rates: Stability Is the New Normal After months of unpredictable mortgage rate swings, we're finally seeing signs of consistency. Most housing economists expect 30-year fixed mortgage rates to settle in the mid-6% range for the remainder of 2025, with occasional short-term fluctuations. For example: Goldman Sachs anticipates rates will hover around 6.7% by year-end. Bankrate and other analysts point to a similar range between 6.5% and 6.9%. While this might not be the dramatic drop many buyers were hoping for, it does offer something arguably more valuable: predictability. When clients know what to expect, they can plan smarter— and make more confident decisions. Home Prices: Steady Growth, Not a Crash If you're still holding off on a move in hopes of a dramatic housing market crash — it's time to reconsider. Current expert projections suggest that home prices will continue to rise moderately through the rest of 2025, driven by a tight housing supply and steady demand from qualified buyers. Most housing market analysts anticipate price appreciation in the 2% to 4% range this year. That's a healthy pace of growth — strong enough to support long-term equity, but slow enough to keep the market from overheating. The key takeaway? This isn't a bubble — it's a return to balance. We're not seeing the runaway price spikes of a few years ago, but we're also not heading into a downturn. For buyers, this means more predictability and room to negotiate. For sellers, it means home values are holding strong in a more stable, sustainable market. In short, this is the kind of environment where smart, well-timed real estate decisions pay off. The Lock-In Effect: Why Inventory Remains Tight A major factor influencing today's market is what experts call the "lock-in effect." Many homeowners who locked in historically low mortgage rates during 2020–2021 (some as low as 2.75%) are hesitant to sell and give up those favorable terms. As a result, fewer homes are hitting the market, which continues to constrain inventory. This doesn't mean buyers have no options — but it does help explain why home prices remain resilient, even with higher borrowing costs. It also highlights the importance of working with a knowledgeable agent who can uncover off-market opportunities or newly listed properties in fast-moving neighborhoods. More Inventory Than Last Year — And More Leverage for Buyers Despite the tight supply, inventory levels are slowly improving. The national housing supply has grown from just over 3 months in early 2024 to around 4 months today. While that's still below the 5–6 months typically considered a "balanced market," it's enough to give buyers more breathing room and negotiating power. We're seeing fewer bidding wars and more realistic listing prices — especially in markets where homebuilders are adding new supply. This gives today's buyers a chance to make thoughtful offers rather than rushed, above-asking bids. Regional Trends: Where Opportunities Are Emerging Real estate is always local — and right now, certain regions are standing out as attractive options depending on your goals. The South and Southeast remain popular due to strong job growth and relatively affordable housing. Cities in Texas, Florida, and the Carolinas continue to draw both buyers and investors. Some overheated markets, like Austin and Phoenix, are seeing prices level off or slightly dip— offering value for buyers who were priced out during the peak. The Midwest and Northeast remain stable, with slower growth but solid fundamentals, especially for long-term homeowners. Whether you're moving for lifestyle reasons or investment potential, the key is to work with an agent who knows your local market inside and out. Why 2025 Still Offers Great Opportunities Even with higher mortgage rates than we saw a few years ago, 2025 remains a strong year to buy or sell a home — you just need the right strategy. Here's why I'm optimistic: Buyers have more choices and less competition, with price growth staying modest and manageable. Sellers continue to benefit from strong property values and a shortage of quality listings in many areas. Economic indicators like wage growth and job stability support the overall health of the housing sector. In short, we're in a transitional market — but that's not a bad thing. It means both sides of the transaction can win, without the extremes we saw in previous years. Practical Advice for Buyers and Sellers Right Now If You're a Buyer: Get pre-approved early to lock in your rate. Don't wait for rates to drop — prices may rise in the meantime. Work with an agent who can help you negotiate creatively (e.g., seller concessions, rate buydowns). If You're a Seller: Price your home competitively, not emotionally. Highlight any advantages, such as assumable low-interest loans. Understand that while bidding wars are rarer, motivated buyers are still very active. The rest of 2025 promises stability, opportunity, and a return to normalcy in the real estate market. As a real estate agent working with clients every day, I can tell you — this is a far better landscape than what we faced just a year or two ago. Rates may be higher than during the pandemic boom, but they're also more predictable. Inventory is growing. Buyers have choices. Sellers still hold equity. And the market overall is showing signs of health, not hype. If you're considering buying or selling this year, let's talk. With the right guidance and a well-timed strategy, 2025 can be your year to make a great move. Reach out to our team today to schedule a personalized consultation. We'll walk you through your options, break down what's happening in your local market, and help you make a smart, confident decision — whether you're ready to act now or just starting to explore. Source: keepingcurrentmatters.com

According to Kiplinger, California homeowners are set to benefit from a new rule that allows for increased property tax savings under the federal SALT (State and Local Tax) deduction. This is great news for homeowners and potential buyers in high-cost areas like California, where property taxes can significantly affect the total cost of homeownership. Here's what you need to know and why we think this change is a smart move for those invested in California real estate. What Is the SALT Deduction? The SALT deduction allows taxpayers to deduct certain taxes paid to state and local governments, including property, income, and sales taxes. Prior to 2018, there was no cap on this deduction. However, the Tax Cuts and Jobs Act (TCJA) of 2017 imposed a $10,000 cap on SALT deductions, which disproportionately impacted taxpayers in states with high property values and state taxes, such as California. What Changed in California Thanks to a recently passed bill signed by Governor Gavin Newsom, Californians will now see expanded opportunities to deduct more of their property taxes through a workaround designed to ease the SALT deduction cap's burden. This new provision allows certain property owners, particularly those who own pass-through entities such as LLCs, S corporations, and partnerships, to deduct more of their state tax payments on their federal returns by restructuring how they pay these taxes. While this workaround doesn't completely eliminate the $10,000 SALT cap for all taxpayers, it does offer substantial relief for a significant number of homeowners, especially those with more complex ownership structures. Why This Matters for Homeowners and Buyers For existing homeowners, this change means a larger federal tax deduction, which translates into real savings come tax season. For prospective buyers, especially those looking at properties in high-tax areas, this tax break can make the prospect of buying a home more financially viable. At a time when mortgage rates and housing prices have both climbed in many parts of California, any opportunity to offset ownership costs is welcome news. This rule change comes at an ideal moment, potentially helping to restore confidence and affordability to key segments of the housing market. Who Benefits Most? Owners of pass-through entities will benefit the most under this change. These are typically small business owners or individuals who own real estate through LLCs or partnerships. If structured correctly, they can now pay state income taxes at the entity level, which allows the business to deduct these taxes federally and pass the benefits down to individual owners. This creates an opening for smart tax planning, especially for those who own investment properties or operate rental homes. It's also a positive development for those with diversified property holdings, as it gives them more control over how they manage their tax liabilities. What This Means for Real Estate in California We believe this change may bring a small but meaningful boost to California's real estate market. Buyers who were previously deterred by high property taxes might reconsider, knowing they can now recoup more of those expenses at the federal level. It may also encourage more people to explore the benefits of forming pass-through entities when purchasing investment properties. Additionally, as the market adjusts to this new tax environment, we could see increased interest in higher-value homes or investment properties, particularly in regions where state and local taxes have historically been a deterrent. A Step in the Right Direction While this doesn't fully restore the unlimited SALT deduction, it's a step in the right direction. Tax policy will always be complex and evolving, but we appreciate efforts like this that bring some relief to those who shoulder the highest property tax burdens. As real estate professionals, we see firsthand how tax changes influence buying and selling decisions. This development is one more reason to consider the long-term value of real estate ownership in California. Whether you're a first-time buyer, a seasoned investor, or someone planning your next move, staying informed about policy shifts like this is key to making sound financial decisions. Tax laws are never static, and the landscape can shift quickly. If you're thinking about buying, selling, or investing in California real estate, now is a good time to revisit your strategy in light of this SALT deduction change. It could open up new possibilities and savings you hadn't considered before. We'll continue to monitor these changes and provide insights on how they affect the local market. If you have questions about what this means for your real estate plans or want to explore how to make the most of these updates, reach out  to our team. We're here to help you move forward with confidence. Source: kiplinger.com

According to Kiplinger, here’s how today’s buyers prioritize home features and how you, as a seller or buyer, can leverage them to make a smart investment. 1. Laundry Room 86% of buyers want this feature Installation cost: $1,300–$15,000 , depending on location and finishes A dedicated laundry room is at the top of buyers' wish lists—and it's easy to see why. It offers a neat, organized space to manage laundry out of sight, keeping living areas tidy and functional. If you're adding one, the basement is usually the most cost-effective placement—existing utility hookups and an open layout simplify the project. Upgrade your washer and dryer to Energy Star-certified models to reduce energy consumption. Complete the space with bright lighting, a utility sink for pre-soaking, and cabinets or countertops for folding and storage. 2. Patio or Outdoor Living Space 86% of buyers want this feature Installation cost: $2,028–$6,013 Outdoor living is a huge draw in today's market. A well-designed patio allows buyers to envision lounging, hosting, and enjoying life alfresco. Patios—built from concrete or pavers—are more affordable and lower maintenance than wood decks or porches. While they may offer slightly lower ROI than decks, they still deliver excellent lifestyle appeal and improved resale value. 3. Energy Star Windows 83% of buyers want this feature Cost per window: $450–$1,400 Energy efficiency is non-negotiable for modern buyers. Energy Star-rated windows—featuring multi-pane glass, insulated frames, and weather stripping—can reduce heating and cooling costs by around 12%. Plus, you can often claim up to $600 in federal tax credits for qualifying installations. Highlighting these savings in your marketing not only appeals to eco-conscious buyers but also positions your home as smart and cost-effective to maintain. 4. Exterior Lighting 82% of buyers want this feature Installation cost: $2,000–$6,000 Beautiful, well-designed exterior lighting enhances curb appeal and safety. Walkway lights, spotlights, and motion-sensor fixtures help a home "pop" at dusk—and offer security after dark. When spotlighted in listings, well-lit homes stand out and feel more welcoming. 5. Ceiling Fans 81% of buyers want this feature Cost per fixture: $185–$4,618 (including installation) Ceiling fans are both practical and stylish. They create a cooling breeze equal to lowering your thermostat by up to 4°F, helping reduce energy bills. According to Energy.gov , pairing a fan with an AC allows homeowners to raise the thermostat comfortably. Ensure your fan hangs 10–12 inches below an eight-foot-high ceiling for optimal airflow. 6. Garage Storage 81% of buyers want this feature Cost to add storage: $600–$2,600 Buyers love organized living spaces, and garages are no exception. Built-in storage systems—pegboards, shelving, lighting—transform garages into functional workspaces. Adding dedicated storage shows buyers you’ve maximized every inch of your property, which they’ll happily pay for. 7. Front Porch 81% want a front porch; 75% want a rear porch/deck Installation cost: $4,600–$22,000 for 200 sq ft Front porches provide a friendly transition between outdoors and indoors—ideal for sipping coffee or greeting neighbors. They offer curb appeal and comfort, protecting from the sun and rain. Opt for at least six feet of depth for seating; ten feet if you want space for dining. And if you prefer more privacy and light, a rear deck might deliver better ROI at a lower cost. 8. Hardwood Floors in Main Living Areas 81% of buyers want this feature Cost: $6–$25 per square foot Hardwood floors are durable, easy to clean, hypoallergenic, and timeless. They last for decades when properly maintained, and can be refinished periodically. For a budget-friendly alternative, high-quality engineered wood, like Pergo, typically costs $4–$20 per square foot and offers similar appeal. 9. Full Bath on the Main Level 80% of buyers want this feature Cost: $2,500–$15,000 , depending on scope A main-level full bathroom—complete with sink, toilet, tub, and shower—makes daily life easier. It supports families, guests, and multi-generational living. Converting a powder room can often achieve this upgrade inexpensively. Consider walk-in showers or accessibility features like pocket doors and grab bars to broaden appeal. 10. Energy Star Appliances Widely expected by buyers . Cost: $150–$350 per appliance Energy Star-certified appliances are smart investments. They reduce utility costs across their lifetime—washing machines alone can save roughly $550 in electricity. Many utility providers offer rebates, and federal programs often subsidize heat pumps and geothermal options. Including these in your listing underscores energy savings and modern convenience. 11. Walk-in Kitchen Pantry Highly desirable among buyers Cost: $1,500–$20,000 , based on size and finishes A walk-in pantry adds huge value for families and bulk shoppers. Typically 5×5 feet, with U-shaped shelving and countertop space, a pantry keeps kitchens tidy and organized. Buyers appreciate easy access to food prep essentials and ample storage. 12. Landscaping Strong ROI potential Cost: $2,000–$50,000 , depending on scope Smart landscaping—healthy lawns, mature trees, flagstone walkways—enhances curb appeal and can boost value by over 10%. Projects like planting and mulching can yield 100–104% ROI. Keep designs balanced, seasonal, and complementary to your home’s architecture. 13. Table Space in the Kitchen 78% of buyers want this feature Cost of an island with seating: $4,000–$5,000 Eat-in kitchens are essential for family-oriented homes. Whether it’s a banquette, island, or small dining area, buyers love spaces that serve multiple purposes—eating, homework, and conversation. Removing a non-load-bearing wall can create a nook for as little as $1,000; islands offer a practical, flexible alternative. These features serve as a valuable guide for both sellers and homebuyers: Stage with purpose. Showcase your laundry room, outdoor space, and pantry in a way that highlights how they enhance everyday living. By blending comfort, efficiency, and practicality, your listings can not only stand out but feel like a place today’s buyers already live in—secure, functional, and full of heart. Contact our team , and we’ll help you identify which upgrades can increase your home’s value — or which features to look for when buying, so you can make a smart, long-term investment. Source: kiplinger.com

According to U.S. News & World Report, there are certain details you can confidently overlook when touring a home. As a team of experienced real estate professionals, we've seen time and again how focusing on the right elements—like structure, layout, and location—leads to better long-term results for buyers. While it's tempting to get distracted by cosmetic features, we believe that looking past the surface is key to finding the home that truly fits your needs. 1. Staging and Interior Décor A beautifully staged home can create a great first impression—but it's important to remember that furniture, art, and accessories are just window dressing. They're meant to showcase a home's potential, not its reality. Our team encourages buyers to look beyond the surface and pay attention to the actual layout, natural lighting, and overall space. These are the permanent features that will shape your day-to-day living, long after the décor is gone. 2. Outdated Paint, Wallpaper, or Flooring Cosmetic issues like bold paint colors, dated wallpaper, or worn carpeting often cause hesitation, but they shouldn't. These are among the easiest and most affordable aspects of a home to change. A fresh coat of paint or updated flooring can transform a space quickly. What matters more is whether the home offers a solid foundation, functional layout, and the potential to grow with you over time. 3. Older or Missing Appliances Don't be discouraged by outdated kitchen appliances or the fact that some aren't included in the sale. In most cases, these can be replaced easily and relatively inexpensively. Instead of focusing on the brand of the oven or the age of the washer, pay attention to the quality of the cabinetry, layout of the kitchen, and overall condition of the systems. Appliances can be swapped out—bad design can't. 4. Trendy Tech or Built-in Gadgets Things like built-in sound systems or smart-home gadgets might seem impressive, but they shouldn't be your deciding factor. These tech features can become outdated or may not align with your preferences. Instead, focus on the fundamentals: insulation, energy efficiency, quality of construction, and long-term livability. These are the features that will make or break your comfort. What You Should Focus On Here's what we recommend keeping front and center during your home search: Functionality & Layout:  Does the space flow well for your lifestyle? Are the rooms positioned and sized to fit your needs now and in the future? Condition & Quality:  Look for signs of solid construction, a healthy roof, good plumbing, and safe electrical work. These are not easy or cheap to fix. Energy Efficiency:  Features like updated windows, insulation, and HVAC systems not only improve comfort, they also reduce long-term costs. Neighborhood & Long-Term Value:  The right location can add significant value to a home. Consider school districts, commute times, walkability, and neighborhood amenities. Why This Approach Works When you focus on the essentials, you make smarter, more confident decisions—and give yourself the space to create your dream home over time. Here's how this mindset benefits you: The Advantage — And Why It Matters Clarity : You're not overwhelmed by distractions—you're evaluating real value. Cost Control :Cosmetic updates are often inexpensive compared to structural repairs. Flexibility : You gain the freedom to personalize your home on your terms. Time Savings : You avoid wasting time on properties that look good but don't work functionally. If you're looking for your next place to call home, let's connect . We're here to help you find a space that feels right, not just on paper, but in everyday life. From first tours to final decisions, our team will support you at every step. Source: realestate.usnews.com

According to Keeping Current Matters, this summer offers an exceptional combination of opportunity and motivation for homebuyers—and our team couldn’t agree more. With inventory finally loosening, a more balanced marketplace, and the long-term benefits of homeownership still strong, now is an ideal time to make your move. 1. Expanded Inventory = More Freedom to Choose Over the past year, limited listings have hampered many buyers, leading to rushed offers and frequent bidding wars. But with fresh homes hitting the market this summer, you now have room to breathe. More choices mean you can focus on finding a home that truly aligns with your lifestyle—not just the first one you find. Why this matters: Reduced pressure means you can thoughtfully evaluate properties. Greater variety increases the chance of finding your dream home. As more listings emerge, market activity normalizes, offering better stability for buyers. 2. Slower Market = Greater Buyer Confidence Gone are the frantic days of instant offers and competing bids. Sellers today are showing more openness around price, concessions, and timing. This shift provides buyers with leverage—giving you the chance to negotiate repairs, closing costs, or flexible move-in dates. How this benefits you: More time to make informed decisions and review inspection reports. Opportunity to ask for seller contributions that enhance affordability. Sellers are more motivated—reducing the risk of overpaying in a frenzy. 3. Homeownership = Long-Term Wealth While mortgage rates have fluctuated, the true value of buying remains unchanged: equity growth. Each mortgage payment builds ownership, and real estate traditionally appreciates—even in shifting markets. Why buying now still makes sense: Equity accumulation beats renting in the long run. Stabilizing prices means fewer dramatic fluctuations. If you wait for rates to drop, you may face increased competition—and higher prices. Our Team’s Perspective As a real estate team dedicated to supporting informed buyers, we’re inspired by this summer’s market conditions. We’re seeing: A healthier balance between supply and demand Sellers who are open to negotiation Opportunities to secure homes that blend current needs with future value Ready to Make Your Move? If you’ve been considering homeownership, summer 2025 is a moment worth serious attention: Define your goals  – expanding, downsizing, relocating? Understand your budget  – secure pre-approval and explore financing options. Stay informed  – let us set you up with customized alerts and virtual tours. Negotiate smartly  – we’ll help identify and secure the best deals. Buying a home is one of the biggest — and most rewarding—decisions you can make. With this summer’s unique market dynamics, our team is here to ensure your experience is informed, empowering, and successful. Let’s connect and build your strategy together — this could be your season.

According to Keeping Current Matters, recent headlines have highlighted a slight dip in home prices — about 2.9% nationwide since April 2024. For some, this has raised concerns about whether now is the right time to buy or sell. But from our perspective as a team of experienced real estate professionals, the short-term view doesn't tell the full story. To truly understand the real estate market, you have to take a step back. That's where the Five-Year Rule comes in — a practical and powerful way to evaluate your real estate decisions with long-term success in mind. What Is the Five-Year Rule? The Five-Year Rule is a simple yet strategic approach: if you plan to stay in your home (or hold your investment) for at least five years, short-term price fluctuations are far less important. Real estate isn't about quick wins — it's about steady growth, equity building, and making smart moves that serve your future. What the Data Tells Us The long-term trends are incredibly encouraging. According to data from the Federal Housing Finance Agency (FHFA), home values in the U.S. have risen by over 55% in the past five years. That means even if the market cools temporarily, long-term homeowners are likely to see significant gains over time. From what we're seeing across the markets we serve, those who bought a home five years ago are in a strong equity position today — regardless of minor recent declines. That's the power of time in the market. Why We Recommend This Mindset Working with so many buyers, sellers, and investors over the years, we've learned that success in real estate comes from thinking long-term. Here's why the Five-Year Rule makes a difference: 1. You Build Real Wealth The longer you own a home, the more you gain from appreciation and mortgage payoff. Over five years, this can result in tens or even hundreds of thousands of dollars in equity — money you can use to upgrade, invest, or secure your financial future. 2. You Stay Grounded During Market Fluctuations Markets go through natural cycles. When you're focused on your five-year plan, you're less likely to panic during dips and more likely to stay the course and benefit from the eventual rebound. 3. You Make Smarter, More Confident Decisions When you're not chasing short-term price changes, you're able to buy or sell with purpose. Whether you're purchasing your first home or cashing in on long-held equity, the Five-Year Rule gives you clarity. Who Should Apply the Five-Year Rule? Buyers If you're planning to stay in your next home for five years or more, you're setting yourself up for success. Not only will you have a place to settle and grow — but you'll also have time to build equity and offset any short-term price shifts. Sellers If you've owned your home for at least five years, chances are you've built solid equity — even in today's shifting market. That puts you in a strong position to sell strategically and move forward confidently. Investors Whether you're holding a single rental or a growing portfolio, long-term ownership reduces volatility and boosts returns. With steady rent income and price appreciation over five years, your investment becomes stronger and more predictable. What This Means for You No one can time the market perfectly. But if you take a step back and look at how real estate performs over time, the message is clear: real estate continues to be one of the most dependable wealth-building tools available. In our experience, clients who focus on the next five years — not just the next few months — make smarter, more rewarding moves. The Five-Year Rule isn't about waiting — it's about planning with purpose. Whether you're thinking about buying, selling, or investing, we're here to help you navigate the journey with a smart, long-term strategy. Call us today — we'll walk you through the numbers, explore your options, and build a plan that aligns with your life — not just the latest headlines. Source: keepingcurrentmatters.com

Source: compass.com Statistics are generalities, essentially summaries of widely disparate data generated by dozens, hundreds or thousands of unique, individual sales occurring within different time periods. They are best seen not as precise measurements, but as broad, comparative indicators, with reasonable margins of error. Anomalous fluctuations in statistics are not uncommon, especially in smaller, expensive market segments. Last period data should be considered estimates that may change with late-reported data. Different analytics programs sometimes define statistics - such as "active listings," "days on market," and "months supply of inventory" - differently: what is most meaningful are not specific calculations but the trends they illustrate. Most listing and sales data derives from the local or regional multi-listing service (MLS) of the area specified in the analysis, but not all listings or sales are reported to MLS and these won't be reflected in the data. "Homes" signifies real-property, single-household housing units: houses, condos, co-ops, townhouses, duets and TICs (but not mobile homes), as applicable to each market. City/town names refer specifically to the named cities and towns, or their MLS areas, unless otherwise delineated. Multi­county metro areas will be specified as such. Data from sources deemed reliable, but may contain errors and subject to revision. All numbers to be considered approximate. Many aspects of value cannot be adequately reflected in median and average statistics: curb appeal, age, condition, amenities, views, lot size, quality of outdoor space, "bonus" rooms, additional parking, quality of location within the neighborhood, and so on. How any of these statistics apply to any particular home is unknown without a specific comparative market analysis. Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

According to US News & World Report, the US housing market is entering a new and exciting chapter in 2025 — and we're seeing the shift play out every day. For the first time in over a decade, sellers are no longer dominating the market. Instead, buyers are finding themselves in a stronger negotiating position, thanks to rising inventory and softening demand. As a team of experienced real estate professionals, we've been closely watching this transformation — and we believe it offers incredible opportunities for both buyers and sellers. Let's take a look at what's happening, what it means for you, and how we can help you make the most of this moment. The Market Is Balancing Out — And That's a Good Thing The latest data shows that the number of homes listed for sale is growing steadily. In fact, we now have more active home listings than we've seen since early 2020. That's a big shift after years of ultra-competitive, low-inventory conditions that heavily favored sellers. This doesn't mean sellers have lost all their power — far from it. But the playing field is evening out. For buyers, that means more options, less bidding war pressure, and more room to negotiate. For sellers, it means it's time to be strategic, well-prepared, and guided by market-savvy professionals like us. For Buyers: More Listings, More Leverage If you've been waiting on the sidelines, 2025 might be your moment. Buyers now have access to more homes than we've seen in recent years — including properties that are staying on the market longer than before. That extra time gives you space to evaluate options carefully, request seller concessions, or negotiate on price. Yes, mortgage rates are still higher than they were a couple of years ago, currently averaging just under 7%. But those rates are no longer climbing dramatically — and many buyers are finding creative financing solutions, like temporary buydowns or seller-paid closing costs, to make purchases more affordable. Most importantly, the return of inventory means you're not forced into rushed decisions. You can focus on finding the right home that meets your needs, not just what's available. For Sellers: A New Strategy Is Key Sellers can still thrive in today's market — especially those who adapt to shifting dynamics. With more competition from other listings, pricing your home right from the start is more important than ever. Homes that are staged well, professionally marketed, and move-in ready are still attracting serious interest. If you're thinking of selling, don't let the "buyer's market" talk discourage you. Homes are still selling — and at solid prices — when the strategy is right. Our team helps sellers stand out by offering guidance on pricing, presentation, and marketing to ensure you get strong results even in a more competitive landscape. Market Hotspots to Watch Some local markets are currently outperforming broader national trends, showing notable increases in home sales. These areas are drawing attention from both buyers and investors due to their strong economic conditions, attractive lifestyle offerings, and housing inventory that aligns with current demand. Technology and Sustainability Are Shaping Demand Buyers today are more informed, more tech-savvy, and more sustainability-focused than ever. They expect energy-efficient homes, smart tech integrations, and digital convenience throughout the process. For sellers, this is an opportunity to stand out. If your home features upgrades like solar panels, EV charging stations, or smart thermostats, be sure to highlight them. If not, we can help you identify quick-win improvements that add value and appeal. Virtual tours, drone photography, and digital closings are now standard tools in our marketing toolkit — making the buying and selling process faster, easier, and more accessible for everyone. What This Means for You Whether you're buying or selling, understanding where the market is headed — and how to position yourself accordingly — is critical. Buyers: You have more power than you've had in years. From more homes to choose from to negotiating leverage, this is your time to explore and act smartly. Sellers: With the right strategy, you can still achieve a successful sale — but you need to stay ahead of the curve with pricing, presentation, and preparation. And no matter where you are on your real estate journey, our team is here to help you navigate every step. Let`s connect to discuss your homeownership goals — whether you're relocating, investing, or just looking to understand how your market compares, we're here to help you dig into the data and trends that matter most. Source: realestate.usnews.com

According to CNBC, many new homeowners may be paying more in property taxes than necessary due to overassessed property values. As a team of real estate professionals, we believe it's crucial to understand how appealing your property tax assessment can lead to significant savings and ensure you're not overpaying. Understanding Property Tax Assessments Property taxes are determined by the assessed value of your home, which local governments use to fund essential services like schools, police, and infrastructure. However, assessments aren't always accurate. In fact, research indicates that about 40% of homes may be overassessed, leading to higher tax bills than necessary. The median savings from a successful appeal is approximately $539, but this can vary depending on your location and property value. Why Many Homeowners Don't Appeal Despite the potential savings, around 80% of homeowners have never appealed their property tax assessments. This may be due to a lack of awareness or the misconception that the process is too complicated. However, with the right information and resources, appealing can be straightforward and worthwhile.  Steps to Appeal Your Property Tax Assessment Review Your Assessment Notice:  Check for any inaccuracies in property details, such as square footage or the number of bedrooms. Research Comparable Properties:  Look at recent sales of similar homes in your area to determine if your assessment aligns with market values. Gather Evidhttp:  Collect documentation that supports your claim, including photos, repair estimates, or independent appraisals. File an Appeal:  Submit your appeal to the local tax assessor's office within the designated timeframe, which varies by jurisdiction. Consider Professional Help:  Companies like Ownwell offer services to assist with appeals and often charge fees only if the appeal is successful. Benefits of a Successful Appeal Immediate Savings:  Lowering your assessed value reduces your annual property tax bill. Long-Term Financial Relief:  A reduced assessment can lead to continued savings over the years, especially if property taxes increase. Increased Property Appeal:  Lower taxes can make your home more attractive to potential buyers should you decide to sell. Appealing your property tax assessment is a proactive step that can lead to substantial financial benefits. As a team of real estate professionals, we encourage homeowners to regularly review their assessments and take action if discrepancies are found. With the right approach, you can ensure you're paying a fair amount and potentially save hundreds of dollars annually. Let`s connect to discuss your homeownership goals — whether you're buying a new home or already own one, our team is here to help you build a smart strategy, review your property tax assessment, and uncover potential savings. Source: cnbc.com