California Home Sale Activity in Bay Area Counties and Markets
North Bay Marin County: had 212 recorded homes sold in 2017. This county had experienced a 10.8% change in the median value of home sales, increasing from $857,500 in December 2016 to $950,000 in December 2017 Sonoma County: had 432 recorded homes sold in 2017. This county had experienced a 16.9% change in the median […]
20 Hottest Housing Markets In the U.S
The top three hottest housing markets in the U.S for January are located here in the Bay Area with San Francisco topping the list followed closely by San jose and Vallejo. Other Bay Area markets that made the top of the list this month were Santa Rosa ranked 7th, and Santa Cruz ranked 18 which […]
Partial Interest Discounts in Real Estate
A partial interest discount is allowable by the IRS when there is less than a 100% interest in the ownership of the Real Estate. This applies to the business entities that own real estate as well. The discount relates to the lack of control over the operation of the real estate and the lack of […]
Median Home Values for California
Zillow came out with their median home values over the last year as well as their prediction for what home values will be over the next year. See below: The median home value in California is $490,100. California home values have gone up 6.9% over the past year and Zillow predicts they will rise 1.5% […]
What does a commercial appraiser need to complete an appraisal
Ryan Whitelaw, MAI has created a video to help borrowers, trustees, heirs, attorneys, and accountants know what items the commercial appraiser will need in order to best perform a commercial appraisal. Please click here to see the video: https://youtu.be/WvGCBSbf3ys
2015 Annual Fall Conference: Real Estate and Appraisal Symposium
Pacific Appraisers’ Ryan Whitelaw MAI and team will be attending the Appraisal Institute annual fall conference in San Francisco. See below for more details: Friday, October 16, 2015 San Francisco Marriott 780 Mission Street (at 4th Street), San Francisco ANNUAL FALL CONFERENCE celebrates 65 consecutive years in San Francisco! 12 Breakout Sessions featuring over 30 presenters Retail […]
Pacific Appraisers sponsors the Northern California Chief Appraisers Meeting
Ryan Whitelaw, MAI and Tim Edwards from Pacific Appraisers will be speaking at the Northern California Chief Appraisers meeting on May 6th in San Francisco. For more information on the Society of Chief Appraisers click here. To receive the flier for the upcoming Northern California Chief Appraisers meeting please respond to this post or send […]
Mark Your Calendars: Society of Chief Appraisers – April 25th, 2015
Tim Edwards, Chief Residential Appraiser at Pacific Appraisers, will be on the panel discussing the new Collateral Underwriter and its impact on appraisers. To get more information on the event and topics that will be covered click here.
Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices
By Ken Harney Excerpts: Zillow CEO Spencer Rascoff…says Zestimates are “a good starting point” but that nationwide Zestimates have a “median error rate” of about 8%. Shoppers, sellers and buyers routinely quote Zestimates to realty agents – and to one another – as gauges of market value. If a house for sale has a Zestimate […]
January Real Estate and Housing Update for Silicon Valley
Here is a great article with charts and graphs for housing trends in Silicon Valley: San Mateo, Santa Clara, Santa Cruz, Monterey, and San Benito counties. It goes into housing supply and median values for both single family residences and condos/townhomes. Click here to see article.
