Fran Papapietro

REALTOR®, GMS, SRES, e-Pro, CNS

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October 2020 Market Update

November 24, 2020 by Fran Papapietro Leave a Comment

Increasing Prices & Sales Fueled By Low Inventory Two metrics have proven to be the most reliable data points for local real estate market trends: Month’s Supply of Inventory — the available listing supply compared to the monthly rate of sales Percent of Inventory — calculated by dividing the number of pending sales by the […]

Filed Under: Market Update

September Market Update

October 22, 2020 by Fran Papapietro Leave a Comment

Will Fall Be a Seller’s Market? In a recent HousingWire article, Fannie Mae’s chief economist stated “the wild card will be whether enough sellers enter the market to continue to meet the strong home-buying demand.” From a micro-economic standpoint, I’m seeing homes that show well and that are strategically priced are moving relatively quickly even […]

Filed Under: Market Update

August 2020 Market Update

September 10, 2020 by Fran Papapietro Leave a Comment

Optimistic Outlook for Real Estate At the national level, quarterly home prices increased again in Q2/2020. The National Association of Realtors reported that 96% of U.S. markets showed home price appreciation, with the national median prices rising 4.2% year over year. In general, real estate in the SF Bay Area has shown resilience despite Covid-19 […]

Filed Under: Market Update

July 2020 Real Estate Stats Are In

August 17, 2020 by Fran Papapietro Leave a Comment

Signs of Optimism At the end of July, MLSListings reported there were signs of optimism for real estate. After sheltering in place for months, there’s an uptick in demand. That demand is fueled by: Renters needing more space and wanting to avoid shared community spaces like elevators or green open spaces Homeowners who are tired […]

Filed Under: Market Update

July’s Market Update

July 19, 2020 by Fran Papapietro Leave a Comment

June 2020 SFH Real Estate Market

Median single-family home values have increased slightly year-over-year. They are also above last month’s average of $1.37 million. So despite Covid-19’s upheaval, the latest stats indicate resiliency in the Bay Area’s real estate market. Inventory Dip Even though we’re in the middle of the summer home-buying season, active inventory dipped slightly. There were less than […]

Filed Under: Market Update

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FRAN PAPAPIETRO
REALTOR®, GMS, SRES, e-Pro, CNS

License #: 01358728

Phone: 408.335.1423
Office: 408.335.1400
Cell: 408.623.4155
Email: fran@serenogroup.com

Serving Silicon Valley, Peninsula and the East Bay

Office Location:

Sereno Group
214 Los Gatos Saratoga Road
Los Gatos, CA 95030

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