Real Estate Insights

You may notice a dramatic increase in the number of open house signs propped up on street corners across your city this weekend…don’t panic, our housing supply didn’t double since last weekend…it’s time for the National Association of REALTOR’S (NAR) nationwide Open House weekend campaign.

June 4^th and June 5th

NAR’s intent is to motivate both Realtors and their clients into hosting an open house on this Saturday, Sunday or even both days, in an effort to “focus attention on the benefits of home ownership to families, communities and the economy.” It is estimated that over 250 local REALTOR associations across the country, with members representing tens of thousands of homes, will be participating in the event.

Participating Realtor members will be armed with recent housing news, statistics and market trends hoping to shed light on the incredible opportunity that today’s housing market provides…just last week the National Association of Home Builders reported that home affordability reached its highest level in 20 years, and mortgage surveyor Freddie Mac reported that for the sixth straight week fixed-rate mortgages inched down, reaching new lows for 2011.

What does this mean to homebuyers?

Grab your open house list, your property feature checklists, your neighborhood comparison checklists, and your Realtor interview questions…because if you’ve been considering whether or not to make a home purchase, this weekend will make for a great opportunity to see many different homes in all of your favorite neighborhoods…and if you’re not currently working with Realtor, you’ll also have a great opportunity to get to know a few.

Enjoy your weekend and happy house hunting!

Open House Lists

Click the links below to view all upcoming open houses in the following areas of Santa Clara County: