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Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is DOWN to 205. Inventory is way low and year over year lower than last year for this time of year going into the holidays. The market is operating on a 3-4 week market which still is showing a strong market however it is important to pay attention to homes that have been sitting. Dan and Tim go into strategy to show buyers and sellers to pay attention to Original List price and those homes that are reducing price. They have a few great examples of sales as well in "That Sold for What?" dont miss this episode! Also very important information about the new CA Rent Control laws and how it affects homeowners. Follow the Monday Morning Market Minute: www.thegilmartins.com/blog

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up to 316, the market continues to surprise us. We have not reached the peak again, and inventory continues to drop, although that can be an indication of the holidays coming along, it is also showing the strength of the market. Both Tim and Dan believe the market is trending in a positive direction, but January is goin to be a true indication of where the 2020 market will head. There are specific comparisons to where the market was last year to where it is this year! Also do not miss "Tales from the Street" and "That sold for what!?" Follow the Monday Morning Market Minute: www.thegilmartins.com/blog

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up to 336, the inventory continues to rise, yet stay below the 2018 peak of 344. Tim and Dan again analyze the numbers, and the growth in inventory and its effect on the market. Also both have been asked by clients and folks constantly of "how is the marke?" with concerns we could head towards a recession again. Listen to Tim's response and how he compares the current market to the previous recession. The real estate value has been increasing for 7-8 years and Tim thinks we could continue to have a strong market for another year or 2. Both agree it is a great time to buy right now!  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up to 330! We have now hit the new peaks of 2019 twice, two weeks in a row inventory has been on the rise, what does this pose for the remainder of the year ? However we are still under the 2018 peak which was 344 for reference. We are seeing more sales happen coinciding with the high inventory which is showing a healthy market, if the sales begin to dip is where we see a change in market. The market was not on "vacation" as we posed before. The list price and sales price ratio is holding strong at 100% however in the past 18 months we have been used to see 103-104%. When inventory after labor day exceeds the peak of June/July means we might see a slower finish than usual, meaning we might see the squishy market happen again. Listen to the episode to hear the examples in our segments "That Sold for What?!"  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up to 290! We had 68 Single Family homes come onto the market in ONE WEEK, that is the largest amount of homes to enter the market in one week for the entire year. The market was not totally on vacation there were still over 50 sales as well as homes selling 100% of list price to sales price. Tim analyzed since 2015 if you put the inventory before labor day to after labor day in those 5 years, this year we had a 25% bump in inventory. Will we exceed the annual peak number that was set this summer at 313? Last year we did exceed in October which caused the market to change for a few months, it is important we really track what happens supply vs. demand and stay below the current peak marker. In that sold for what Dan and Tim go over a home in North Shoreview San Mateo, great location for access to Occulus the new Facebook office space.  The home he goes over sells for almost 300K over asking. Listen to find out why Shoreview of San Mateo is a good place to invest. 2007 was the last markable peak, and homes today are DOUBLE what they were. Dive into the podcast to hear all the details !  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up to 278 down again! We have not reached the peak of 2019 again since the first and only time that point was reached. The market has been on "vacation" for the last month and now with school back in session and folks back in town, it is crucial to watch where the market will go post labor day onwards to Thanksgiving. These markers in the year indicate through inventory how Q1 of next year will shape up. There have been less home sales and longer days on market, however the homes on the market have sold still at 100% of List Price to Sales Price. Dan does bring up in "that sold for what" a great example of a home that came on the market during this "squishy" time and managed to obtain over 300K of asking price. Tune in to learn more about how that home achieved that!  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX

*Special Guest Host Episode!* Hosted by Ali Gilmartin Davis, Katie Gerhardt and Paul Beaudreau Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is down to 263! As we near the end of summer we have to ask ourselves if we are in the "dog days of summer" and the market is a bit quieter than usual, or is this going to be a trend that continues on for the rest of the year? Ali, Paul and Katie take their perspective on the current inventory of the market and where they think the market is headed for the rest of the year. Paul breaks down a few properties that aren interesting that have been sitting, and Katie goes into some advice for her buyers right now and if you are motivated how to take advantage of some opportunities. With Dan and Tim out on much deserved vacations, their younger associates of the office jump on the mic to give their perspective! Leave a comment to let us know how you liked the episode!  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up to 301. Inventory has been on the rise again, however we still have not reached the peak of 2019 again which stays at 313. Tim is out this week on vacation, Dan dives into the inventory analysis solo, with some segments from Tales from the Street and That Sold for What?! The market seems to be on the right pace for the right timing, however sellers have to be very keen about their pricing as well as doing the right things to prepare their home to come on the market.  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is down on a Holiday week to 259!! That is two weeks in a row with inventory going down. Dan and Tim analyze how real estate agents themselves out on tour have noted that this market seems "strange." However from a numbers perspective this is still a tight inventory strong seller's market. The perspective of "strange" must be coming from the fact that when looking at the overall year over year sales, the amount of units sold is down, however the median price is significantly up! It would make sense that agents are noticing things are different because their sales volume may be lower from 2018 to 2019 because LESS homes have sold. July is showing huge opportunities to buyers that are are still home and shopping and not out of town. Should a new seller wait till August after school starts? Not necessarily! The conversation between agents and buyers themselves is not congruent which seems to be one of the most interesting parts of what is driving the feeling of a strange market place. Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is down on a Holiday week to 296! As we are entering the second half of the year it is interesting to see the inventory go down, however it is also a holiday week with the 4th of July on Thursday of this week. Tim and Dan note that while some agents might think the market is "funky" its a reflection of the market somewhat normalizing since it has been on fire for the last 5-6 years. Properties are still selling in an under 5 week market, and as they point out in "That sold for what!?" there are still properties receiving 200-300 thousand over asking! The average property is selling for 103% over asking price, this would reflect a very healthy market even if some homes are taking a little longer to sell then they had before. With jobs continuing to be created and kept in the bay area and interest rates reaching a new low, the market doesn't seem to be shifting in the near future. The second half of the year is "investors" time of the year, please reach out to Dan or Tim to sign up for Tims investors webinar/ episode!  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX  

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up to a new peak at 313! As Tim and Dan have been tracking these inventory numbers week over week for over 20 years, they are pointing out the typical trends that the highest point of inventory for the year always lands in June/July. The market seems to be holding its own, while inventory is high the sales per week are still close to 40 week over week which indicates healthy market. The lower interest rates are still driving sales throughout the summer, showing that we have more money on supply than we do have on demand so that is why they are driving lowering of interest rates throughout the year. Dan and Tim analyze a San Mateo property during "That Sold for What!?" that had an extraordinary list price to sales price. Although inventory is peaking, overall from a macro sense this is still a low inventory market, if you look back at 2010 total/total was around 1000 homes/ condominiums for sale. There is an opportunity for buyers right now, less competition and more inventory for sale.  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX      

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is down to 306 but bounced back to a healthy number of sales we like to see week over week at 40! We do know that June and July is when we peak in inventory however it significantly dropped from last week to this week of June. In segment "that sold for what?!" Dan and Tim analyze a large home in San Bruno that had an exciting list price to sales price. The days a home is on the market can indicate whether the home was priced to sell or if the market indicates that the pricing is off and by how much. We are working in a 5 week market right now which is a reflection of whether you will get multiple offers or not, 5 week or more market means not, under a 5 week market means yes. Pricing a home is super important, it is a marketing tool over the actual value of what the home will sell for. Send us a note if you would like a webinar and/or episode on how to value your income property, Tim would like to put this together when we have a few more ppl let us know!  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX  

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City had an INVENTORY SURGE over the past week creating a new 2019 peak. Total inventory now is at 311 which is still below the peak of 2018 of 344, however shows that we are at that time of year when inventory reaches its highest point. There were a lack in sales last week, however is that a result of the holiday weekend of Memorial Day the weekend before? We did have 48 SFH close escrow last week, the list price sales price ratio was over 100%. Tim and Dan both agree that this is what happens every year when it comes to June, every year. In “Tales of the Street” we go over a property in Hillsborough that sold for a whopping $1800 a square foot which is surprising but a direct reflection of a home that is almost perfect with single story, walkable to downtown even when the inventory is highest in the peninsula in Hillsborough. Also, word on the street is that Stephan Curry is buying or has bought in Hillsborough, GO WARRIORS and welcome to town! Tim and Dan also dive again into the health of the bay area economy as well as the real estate cycles and what do they tell us and where are they going in the bay area. Also some tips and information on Capital Gains taxes and property around here. Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is slightly down this week, however condominiums are at their new 2019 peak. The market is normalizing for both sides. Meaning there is room for buyers and sellers to be successful in this bay area mid-peninsula market. Our market always operates in a 3% above or below what the asking price is because we live in such a unique part of the country in terms of how Real Estate sales. Tim and Dan dive into a very interesting property in "Tales from the Street" in South San Francisco that has 40 disclosures downloaded, they go into detail on how they would coach their clients to offer on such a "hot" property and what are some of the strategies they would use. What are the options for buying do I wait or do we buy now ? Tim and Dan will also offer advice and strategy as to what to do with a market that is going to keep going up. Both agree that South San Francisco and San Bruno are have huge opportunity for investment. Is there room for cash flow and appreciate on your property simultaneously? Let us know if you would like Tim to put together a special webinar or episode specifically on how to invest in income producing property!  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX Website: www.thegilmartins.com

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up this week to 283 which is a new 2019 peak! Although the peak last year was 344 we are inching to more and more inventory as the year goes on. We had 25 price reductions, what does that mean about the market does that indicate the market flattening? Dan and Tim think no, however could show the market is "normalizing." If Sellers are marketing their home with the right price, and the right agency it should be selling, they fell in love with the "hot" market place where they have to pivot to understand that the buyers are smart and being off even by 5% makes a huge difference. You cannot price the home at what we think the value is at, but rather below value because buyers expect to offer over. Dan and Tim also pull the curtain back to show if we have priced a home wrong where are we off and how do we correct? They also dive deeper as to what is their logic behind winning in a multiple offer situation on buyer side... tune in to learn some secrets and strategy.  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX Website: www.thegilmartins.com

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up this week to 268. We are having a surge in inventory which ultimately was a surge in sales with 46 sales in the last week which is reflective of our healthy market. Check out our segment "That Sold for What" on today's episode to get an inside look at some direct examples of homes selling for way over asking shocking the market place in San Mateo. Tim and Dan also reflect more on the economy and how the bay area is thriving, however is directly related to the stock market and if the stock market experiences at length changes it will definitely affect the real estate market of the bay area.  How is the 2.4 million more square feet expansion of Youtube going to affect San Bruno and South San Francisco? Tim encourages to invest there, it will change all the property including multi units there. Jobs are people and people are demand! Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX Website: www.thegilmartins.com

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com Guest Speakers: Katie Gerhardt and Bill Gilmartin The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up this week to 272. Although inventory is on the rise for the year we are still quite a ways away from the 2018 peak which was 344. Guest speakers Katie Gerhardt and Bill Gilmartin give insight into what it is like to represent buyers in today's market versus, when Bill started in the business in 1963 and what the different pricing to offer strategies were and are. Tim takes a dive into where the best places to invest right now are along the mid-peninsula, he believes both San Bruno and South San Francisco are on the best places to purchase especially with the 12,000 new employees that will fill up YouTube's space they are expanding to in San Bruno. Overall the inventory is still tight, your buying strategy is highly important, tune in to find out the best strategy to find opportunity in homes that may have been sitting too long, how many days is too long? Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX Website: www.thegilmartins.com

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up this week to 239. Inventory increased by 10% this week which can be good news for buyers, however the market is still moving efficiently. As Tim spent his week down in Palm Desert he noted that when you are outside of the Bay Area the home prices still haven't reached the 2007 peaks, where here we are way beyond that. There is so much traffic in the Bay Area everywhere you go because the economy here is so healthy, there are constant increase of jobs which ultimately drives the market. Before the end of June is the strongest time of the year for Sellers, it is important to take advantage of the market before then. Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX Website: www.thegilmartins.com

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is down this week to 200. Inventory went down despite the holiday week with Passover and Easter, there are so many factors in this market that continue to keep the selling market strong, with a list price to sales price average at 105%. The economy is constantly moving forward in a positive direction, Tim is down in Palm Desert and can see the different down there. All things are point up and forward with a very healthy red hot spring market! Sooner is better than later for Sellers right now, you want to be a seller before end of June to take advantage of the market.  Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX Website: www.thegilmartins.com

Hosted by Dan Gilmartin & Timothy D. Gilmartin Website: www.thegilmartins.com The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is up this week to 228. It happens to be property tax and IRS tax day and it is interesting to see that buyers do slow down typically on this week. The homes that have went on the market in 2019 and closed in 2019 the average days on market is 13 days. In the last quarter of the year reflects a twice as long average days on market than the first quarter of 2019. The list price to sales price is actually up 13% but there is still room in the market place for more growth and going forward! It seems that the peak in the market is pushing to end of June this year. April might finish a bit soft based on other events happening. Tim dives into some multi unit investment property opportunities! Follow the Monday Morning Market Minute: www.thegilmartins.com/blog Get on the mailing list to get notified when a new episode is released: http://eepurl.com/cmAfCX Website: www.thegilmartins.com