Your Real Estate Market Snapshot for May 2016 from SFAR

Posted by Charlene Delaney

May 2016

We are in the thick of an exciting period of home buying and selling, often with quick multiple oSnip20160623_13ffers that are near, at or even above asking price, depending on the factors of the home and submarket in question. It was widely predicted that we would see healthy sales activity during the second quarter of 2016, and the market has not disappointed.

New Listings were down 10.8 percent for single family homes and 4.2 percent for Condo/TIC/Coop properties. Pending Sales increased 18.2 percent for single family homes but decreased 3.4 percent for Condo/TIC/Coop properties.

The Median Sales Price was down 1.4 percent to $1,380,000 for single family homes and 1.1 percent to $1,100,000 for Condo/TIC/Coop properties. Months Supply  of Inventory increased 5.0 percent for single family units and 35.0 percent for Condo/TIC/Coop units

Although inventory is still being stretched thin in many areas, low mortgage rates coupled with higher wages have built a relatively sturdy housing marketplace. How long that can continue without fresh supply remains an important question, but conditions are seemingly good enough for serious buyers. With the current slow state of new construction for non-rental households, the road ahead could be tricky if demand remains high.

For full report, click here: SFAR_MarketFocus_2016-May

Why I support Hillary Clinton for President

Posted by Charlene Delaney

It has been said that “Women don’t like Hillary.” Might I posit that some could be suffering from simple jealousy? I know that throughout my real estate and speaking career (which began in 1972), whenever I achieved something that had never been done before BY A WOMAN, the female reaction was always mixed. Some were truly sincere in their congratulations, and others were somehow a little bit pissed.  “Who does she think she is?” has been said about me many times.

Who I am is a woman who never felt less capable or less qualified for a position JUST BECAUSE I AM A WOMAN.  I am also a MOTHER of two daughters who had to juggle my work and mothering role many times.

As for men who resent Hillary because she is a woman, I think many women in the work force have encountered men with an entitlement mentality due to their sex.   Let’s face it, there are few PEOPLE (male or female) who have the record of public service and the simple smarts that Hillary has!