Home + Design
1. How was the start of the real estate market at the beginning of this year? What is your outlook for the rest of 2007?
TT: The first quarter of 2007 has been relatively slow due to a lack of inventory. However, now there are a lot of buyers out there. I have buyers who were reluctant to get in the market last year due to media reports of a bubble in the San Francisco real estate market; who now have confidence in the economy and the local market, realizing that the media reports regarding “The Bay Area Market” are not specific to the SF market.
Can I find out the value of my home through the Internet?
You can get some idea of your home's value by searching the Internet. A number of Web sites and services crunch the numbers from historic public records of home sales to produce the statistics. Some services offer an actual estimate of value based on acceptable software appraisal standards. They also depend on historic home sales records to calculate the estimate.
Neither of these services produce official appraisals. They also don't factor in market nuances or other issues a certified appraiser or real estate professional might in assessing the value of your home.