Author: Savannah Rollins

Thinking about selling your home in the Bay Area – whether you’re in San Francisco, Marin, the East Bay, or up in Wine Country? If so, you’re probably aiming for a smooth, profitable sale. Who wouldn’t? But here’s the thing: a lot of sellers right now are overshooting on price, and it’s costing them. Yes, demand is still strong in many parts of the Bay. But the market has shifted. That frenzied, bidding-war-every-weekend vibe we saw during the pandemic? It’s cooled. Inventory is climbing in some counties, especially in the East Bay and South Bay. Buyers have more choices. And…

Yesterday, the Trump administration announced a series of tariffs it characterized as “reciprocal,” ranging from 10 percent to 50 percent and calculated for every country on Earth. The country-specific rates were made public at the press conference announcing the tariffs, as well as on White House social media. However, despite the characterization of the tariffs as “reciprocal,” and despite the accompanying graphics referring to foreign “tariffs charged to the USA including currency manipulation and trade barriers,” the White House did not actually measure tariffs, currency manipulation, or trade barrier policies employed by other countries. Instead, it drew its estimates from…

In more than five decades in commercial real estate, I’ve transacted more than 2,000 times!Some deals have found me on the occupant side of the aisle, and in others I’ve advocated for an owner with a vacant building.Rarely, I’ve straddled the two factions, a la Ben Hur. This is legal in our world and is known as “dual agency.” Candidly, I prefer the separation in which two professionals are involved.In considering the deal, I developed — with a little AI help — an acronym for for the steps taken in a commercial real estate transaction. I believed them to be…

Economist Christopher Thornberg was the keynote speaker at Radius Commercial Real Estate’s 15th annual forecast event held March 12 at the Hilton Beachfront Resort in Santa Barbara. (Mike Harris / PCBT Staff)   Santa Barbara, California – Published 3/13/2025 Commercial real estate sales in Santa Barbara County’s South Coast market saw a major uptick in the fourth quarter of 2024 over the fourth quarter of 2023. That’s according to Santa Barbara-based Radius Commercial Real Estate’s fourth quarter 2024 report released March 12 at its 15th annual real estate and economic forecast event at the Hilton Beachfront Resort. Meanwhile, the event’s keynoter…

Commercial real estate expert Gene Deering said Montecito is a hot market at a recent Radius Economic Forecast event. Joshua Molina / Noozhawk photo)   Santa Barbara, California – Published 3/15/2025 We live in the nicest place in the world. But there’s one way to make it nicer: Build housing. That was the advice of Christopher Thornberg, an economist and founder of Beacon Economics. “It’s not complicated,” Thornberg said. “You want to fix State Street? Housing. You want to have more restaurants? Housing. You got to build housing.” Thornberg, who is based out of Los Angeles, spoke to several hundred…

For decades, American companies sent manufacturing operations overseas in search of lower costs.Cheap labor, fewer regulations and efficient global supply chains made offshoring the dominant strategy for everything from electronics to pharmaceuticals.But the tide is turning.Reshoring — the process of bringing manufacturing and supply chains back to the U.S. — has gained momentum in recent years. Supply chain disruptions during the pandemic, geopolitical tensions with China and rising overseas labor costs have forced companies to rethink their strategies.Add in government incentives like the CHIPS Act and tax credits for domestic production, and reshoring are no longer just patriotic talking points,…

If you pulled your Bay Area home off the market in late 2024, you’re not alone. According to Newsweek, data from CoreLogic and the Wall Street Journal (WSJ) shows that nearly 73,000 homes were withdrawn from the market in December – the highest number for any December since 2017. And in the San Francisco Bay Area, where the real estate market is often more dynamic than the rest of the country, many sellers took a step back, waiting to see how 2025 would unfold. Whether you paused your sale because offers weren’t coming in, the timing around the holidays felt…

And as any good negotiator knows, it’s not about the first move — it’s about who walks away with the better deal. Subscribe to continue reading this article. Already subscribed? To login in, click here. Source link

Earlier today, members of the Bay Area Modern team attended a sold-out breakfast meeting hosted by our local association of Realtors. The highlight of the event? An insightful presentation by Dr. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), who shared his latest real estate and economic outlook. With housing market trends shifting both nationally and locally, here’s what you need to know if you’re a homeowner or a buyer in the San Francisco Bay Area. Market Recovery in Sight? The past two years have been some of the most challenging for home sales. Existing home sales…

We just published our 2025 Spring Home Buyer Guide, packed with expert insights, market trends, and key advice to help you navigate the homebuying process this season. If you’d like to receive a copy, contact a member of our Bay Area Modern team today! As we step into the Spring 2025 housing market, homebuyers across the country are facing a landscape shaped by rising inventory, fluctuating mortgage rates, and evolving market conditions. But what does this mean for those looking to buy in the San Francisco Bay Area this spring? With its diverse real estate markets stretching from Marin to…