Cheryl Bower's Real Estate Blog

Why Waiting to Buy a Home Could Cost You a Small Fortune

By Cheryl Bower | May 6, 2021

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs.…

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Affordable homes in Burlingame CA

Burlingame’s 10 Most Affordable Homes

By Cheryl Bower | May 5, 2021

Burlingame, CA, which is located in the San Francisco Bay Area, offers an attractive variety of affordable home choices that range from condominium living to cozy suburban single-family houses. One house provides a working and living space if you dream of working out of your home. Prices for these homes start at $918,000 and run…

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Are Interest Rates Expected to Rise Over the Next Year?

By Cheryl Bower | May 5, 2021

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have…

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Top 10 Most Expensive

Burlingame Top Ten Most Expensive Luxury Homes

By Cheryl Bower | May 4, 2021

These gorgeous and spacious Burlingame properties are nestled in southern San Mateo County in the San Francisco Bay Area. Styles include Old Spanish, Tudor and ultra modern. You will find that many of these properties are surrounded with lush greenery. Additionally, some are within a comfortable walk to restaurants and award-winning schools. Prices for these…

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4 Big Incentives for Homeowners to Sell Now

By Cheryl Bower | May 4, 2021

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market…

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Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

By Cheryl Bower | May 3, 2021

Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher…

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Should I Buy Now or Wait? [INFOGRAPHIC]

By Cheryl Bower | April 30, 2021

Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the…

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Is Home Price Appreciation Accelerating Again?

By Cheryl Bower | April 29, 2021

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months.…

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Patience Is the Key to Buying a Home This Year

By Cheryl Bower | April 28, 2021

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps…

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Will the Housing Market Maintain Its Momentum?

By Cheryl Bower | April 27, 2021

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple…

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