By Jake Rasmusson, CA Broker Lic#01401464 In the Bishop, CA real estate market, a comparison between July 2023 and July 2022 reveals a mix of trends and changes: Total Properties Sold: The number of properties sold in July 2023 was 125, down from the 145 properties sold in July 2022. This represents a decrease [...]
https://youtu.be/6ddTRyJjBV8 In 2022, home prices in the Eastern Sierra continued the trend set the previous year, with a 6% rise in the median price from $452,500 to $478,000. This brings growth in the Bishop area median home price over the last five years to 48%. While prices were up, the number of properties [...]
Post by Jake Rasmusson, Master of Science Real Estate, e-Pro, RENE Many people are aware that interest rates have risen but the questions I am getting most are why are they going up and how long will this last? Inflation is the main economic factor causing interest rates to rise. Inflation is caused by [...]
There are significant signs that the national housing market is cooling off, fueled by rising interest rates and inflation. The downturn may slow down sales and price appreciation; however, the housing market is in a much better state than it was in 2008. The health of both the residential real estate industry and the underlying [...]
While many individuals are primarily focused on the fluctuation in current housing prices, many are failing to recognize the significant role interest rates play in the monthly, yearly and overall cost of their real estate purchase. Interest rates are currently near historic lows in the United States, which presents a significant opportunity for those looking [...]
2019 Bishop Real Estate statistics In 2019, home prices in the Eastern Sierra continued the trend set the previous year, with a 10% rise in the median price from $345,000 to $385,000. This brings growth in the Bishop area median home price over the last four years to 33%. While prices are up, [...]
Governor Gavin Newsome signed AB-1482 into law October 8, 2019. This new law limits the amount a landlord can raise rent in a 12-month period and prevents “no-cause” evictions. Below are the majority of important points relating to the new California Rent Control Law. The law is broken into two parts; rent Increase and evictions. [...]
The median price of remodeling a kitchen is $60,000. So how do you make sure the changes you make won't look dated in a few years? Here are some ideas to future-proof your kitchen.
Sellers whose homes aren't in tip-top shape may need to spend extra money or put in a little elbow grease to get their property in market-ready condition. Check out these three home repairs that could save your home sale.
When it comes to choosing a home to purchase, which amenities are non-negotiable and which ones are nice to have? These are the top five essential amenities shoppers say are must-haves in a home.