Home Prices blog

What’s Really Happening with Home Prices?

Headlines don’t really paint the full picture.

If you’ve seen headlines about home prices dropping. Don’t believe them!

 

Truth #1: Home prices in the Peninsula are up.

Home prices in our Peninsula neighborhoods are steadily rising and faster than the average market rate. 

FACT: Home prices in the Peninsula rose 10.4% year-over-year in February 2023, according to the S&P CoreLogic Case-Shiller 20-City Composite Index. 

While home price growth is moderating month-over-month nationally (3-4%), the 10% appreciation year-over-year in the Peninsula is still well above the home price growth we saw during more normal years in the market.

 

Truth #2:  You’ve gained a substantial amount of equity.

Aspiring home sellers gained significant amounts of equity over the pandemic as house prices climbed over the past two years. 

 

Truth #3: Supply is still low. Demand is strong.

The supply of homes for sale is still very low and demand for homes is still strong.

FACT: Home sales had the highest peak since July 2020.

In March, total home sales saw their largest monthly percentage increase since July 2020. When mortgage rates ended at over 30 basis points lower than where they started, more buyers returned to the market. 

Housing supply remains limited in the Peninsula compared to previous years.  Tight inventory and healthy demand contribute to stable and growing home prices. 

 

Bottom Line

It’s a seller’s market. Supply is expected to remain low for the remainder of 2023 and demand is increasing exponentially. 

If you are thinking about selling your home, now is the time to start planning. 

Schedule a call with us now to learn more about your home equity and the best time to sell. 

About Us

The Real Real Estate Agents ofSilicon Valley

press release 10

Driven by Tenacity: The Secrets Behind Caroline Dinsmore’s Real Estate Success

Caroline Dinsmore's Top-Notch Real Estate Success Driven by Her Unwavering Tenacity

In a world filled with challenges, tenacity has become a rare commodity. Others may see giving up as the easier route when faced with trials, but not Caroline Wheaton Dinsmore. Known for her unrivaled work ethic and tenacious spirit, Caroline has long cemented her name in the real estate industry, and she is taking even greater strides to put The Caroline Dinsmore Group  on the map.

The Caroline Dinsmore Group is a company built out of resilience. Much like its founder, who overcame immeasurable odds to get to where she is today, the company is defying the impossible and is succeeding in conquering its industry. A top-of-mind choice for leading realtors in the San Francisco Peninsula, The Caroline Dinsmore Group is truly a force to reckon with, and it has been setting the bar higher since 2012, as per RealTrends.

Recently, for reaching yet another milestone when she hit exponential sales volume in 2021, Caroline was recognized as one of the Top 25 Realtors in the Bay Area. According to Luxe SF, she was also one of The Leading 100 Realtors, one of the best among all the agents from Carmel Valley through the Wine Country.

Caroline leverages over three decades of experience to shepherd her team of seasoned real estate professionals to navigate the complexities of the industry and emerge victorious above others. Her unparalleled customer service and extensive expertise set the culture for The Caroline Dinsmore Group, leading them to sell hundreds of homes and giving each client the property of their dreams.

“It’s an honor to guide our clients through some of the biggest decisions and transactions of their lives,” Caroline said. “Real estate is so much more than buying or selling homes. It’s about developing a relationship with our clients, advising them on all their options throughout the process to help them make the best decisions for themselves, as well as helping them build long-term wealth through real estate,” the founder added.

A descendant of one of the founding fathers of American baseball, William Rufus Wheaton, it’s truly not surprising for Caroline to make an impact of her own. Before making her way to the peak of real estate, Caroline spent several years teaching English in Spain after graduating with a degree in History at the University of California Santa Barbara. She also worked in Silicon Valley for over a decade, well through the dot-com boom. Although working in a different field, her time in different careers honed her to be the entrepreneur she was born to be, strengthened by challenges along the way.

Eventually, she used her experiences to enter the competitive real estate market and even survived the muddy waters of the 2008 to 2012 Financial Crisis. Caroline helped her clients through the complexities of buying or selling their perfect properties, and she has never failed to match every family with the best home.

“We are dedicated to making the process less stressful and more successful for our clients. At The Caroline Dinsmore Group, we don’t just take care of businesses; we take care of you,” Caroline said. “The fact that I sold as much real estate as I did in 2021 when I was literally dying is absolutely insane. Against all odds, I survived. Now, my team and I are thriving. If we hadn’t put the processes in place when we did, there is no way the business could have stayed afloat. It’s a story of perseverance, pain, suffering and finding joy, happiness, and success again.”

About Us

The Real Real Estate Agents ofSilicon Valley

press release 9

Caroline W. Dinsmore: Top 25 Bay Area Realtor

Realtor Caroline W. Dinsmore Makes it to the Top 25 Realtors in the Bay Area

Veteran realtor and entrepreneur Caroline W. Dinsmore continues to reap the rewards of her hard work in the past 30 years after having been included in the Top 25 Realtors in the Bay Area based on her 2021 sales volume in the real estate industry. Apart from this, she was also named one of the Leading 100 Realtors, which includes all real estate agents from the Carmel Valley through the Wine Country. These exceptional achievements cement what Caroline has been passionately doing throughout the course of her illustrious career in real estate – helping clients find their dream homes.

Making it to the top 25 realtors list did not come easy at all. In 2021, Caroline’s company, The Caroline Dinsmore Group, was still recovering from the blows of the pandemic. It was also the same year when she faced a life-threatening ordeal that tested her faith, character, and will to survive. Known as a no-nonsense and resolute person, Caroline found the strength and courage to survive and lived to see all her hard work acknowledged.

“The fact that I sold as much real estate as I did in 2021 when I was literally dying is absolutely insane. Against all odds, I survived,” Caroline revealed. “Now, my team and I are thriving. If we hadn’t put the processes in place when we did, there is no way the business could have stayed afloat. It’s a story of perseverance, pain, suffering and finding joy, happiness and success again.”

Indeed, Caroline exemplified what it means to be truly resilient. Despite the pandemic and the disease that almost took her life, she managed to make an explosive comeback in the business and continued to serve her clients diligently. Throughout her career in the industry, Caroline and her team have sold hundreds of homes. Over the years, she has successfully developed a solid team of hardworking and highly motivated realtors who share her passion and dedication to succeed. In time, The Caroline Dinsmore Group became known for its unparalleled customer service to each of its clients.

“It’s an honor to guide our clients through some of the biggest decisions and transactions of their lives. Real estate is so much more than buying or selling homes. It’s about developing a relationship with our clients, advising them on all their options throughout the process to help them make the best decisions for themselves, as well as helping them build long-term wealth through real estate,” Caroline shared.

The California-born and raised realtor is proud of her roots. She is a direct descendant of William Rufus Wheaton, one of the founding fathers of American baseball. Caroline completed her BA degree with honors in History at the University of California at Santa Barbara. She moved to Europe and found herself teaching English in Spain for several years. She eventually found herself going back to America and dedicated ten years of her career to the tech industry. Caroline first worked at Oracle and, after some time, moved to Webex.

It was the time she spent in Silicon Valley that developed her superior business acumen and other necessary skills to develop The Caroline Dinsmore Group and make it one of the leading real estate companies in the country today. The fact that she was able to successfully navigate her way through the 2008-2012 US financial crisis speaks greatly of her passion and determination to make it.

Without a doubt, Caroline deserves her most recent recognitions, a success story that everyone can truly learn from.

About Us

The Real Real Estate Agents ofSilicon Valley