July 2022 Market Snapshots

Disclaimer: The information provided below was generated from MLS Stats and Market Reports. The included data were from sold properties dated July 1, 2022, to July 29, 2022.

With interest rates continuing to go up and families traveling during summer, real estate has reached the slowest season since June 2020. 


Alameda County Market Summary

Santa Clara County Market Summary

San Francisco County Market Summary

San Mateo County Market Summary

JUST SOLD:

841 Rollins Rd, Burlingame

Another miracle made in this ever turbulent market!!! It took the previous seller & agent 7 months to sell this home in 2020 when the market was booming wildly, yet it only took us 1 MONTH to sell it now, and with such a challenging location: the property faces the 101 freeway and is on a very busy street. We sold it with a non-contingency offer, closed in 30 days. Miracle!

Despite the busy traffic, many buyers were concerned with air quality and noise level from this home, so we did multiple rounds of meticulous testing, with an open, fair report sent to all potential buyers before the offer was due.

The seller lived in the property the whole time during the sale, so we utilized the seller’s furniture, and did not cost the seller $1 for any staging. Yet, did an extraordinary job presenting this home.

We went above and beyond to promote this home in any way we could, and adjusted our strategy accordingly when feedback was received. A deep understanding of market trends enables us to advise sellers to take the most effective approach.

We worked day and night, even on Easter Day when very few buyers came by. So happy and proud that all our hard work paid off!

https://lnkd.in/gGFSnKUF

Worried you can't sell your home in this market? Throw it at me! I can handle it! 💪🏻😄🏡

Lina Yang Real Estate Group is NOW Expanding to Lease Listings

It can be profitable to rent out a property, but there are costs associated with that profitability such as maintenance, repairs, finding new tenants, following regulations, paying taxes, and more. Hiring a realtor/broker to handle transactions makes it easier than ever to market the property. 

Our in-depth knowledge of the local market enables us to help landlords reach their goals with the least amount of hassle. Having a powerful network not only gives us the advantage of providing the resources needed but also allows us to provide our clients with qualified local renters or buyers so we can ensure a quick and smooth close.