Svenja Gudell - Zillow

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Last quote by Svenja Gudell

Oakland used to be a relatively affordable city where homes were $500,000 three years ago. Now, it's almost $700,000, and I can guarantee you incomes have not kept up with that.feedback
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Aug 17 2017
Svenja Gudell has been quoted 30 times. The one recent article where Svenja Gudell has been quoted is The $9, 000 tab that surprises homeowners. Most recently, Svenja Gudell was quoted as having said, “Determining how much a home will ultimately cost you each year and what you can afford is one of the most challenging aspects of home buying, especially for first-time buyers. Before starting a home search, take a good look at your finances to determine a monthly payment range you can comfortably afford.”.
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Svenja Gudell quotes

Mar 20 2017

The nice thing is, there's quite a bit of overlap between these two lists as a renter and an owner.feedback

Mar 16 2017 - LinkedIn

You move to Seattle for Amazon but you end up at Microsoft.feedback

Mar 16 2017 - LinkedIn

High demand and inventory shortages have driven up housing prices in some markets so much that even if you land a great job, the salary might not cover living within commuting distance. On the other hand, the nation's most affordable housing markets don't always offer plentiful employment opportunities.feedback

Mar 16 2017

Rising rates pose just a modest headwind for home shoppers in the priciest housing markets. For the typical American home shopper, implications of [Wednesday's] vote should only increase their monthly mortgage payment by about $16, or about $197 per year. Tight inventory remains a much more pressing concern for home shoppers today, a situation that is unlikely to ease in the months ahead.feedback

Mar 02 2017

With 3 percent fewer homes on the market than last year, 2017 is shaping up to be another competitive buying season. Many homebuyers who started looking for homes in the early spring will still be searching for their dream home months later. By May, some buyers may be anxious to get settled into a new home – and will be more willing to pay a premium to close the deal.feedback

Mar 02 2017

In colder climates like Boston, Chicago and Seattle, buyer interest tends to spike a bit later in the summer; in warmer areas like Miami, Tampa and Phoenix, the best time to list comes earlier in the spring. Typically, sellers in climates without distinct seasons will find themselves with more flexibility in list time frame, as these markets show little variation in sale price based on listing month.feedback

Feb 22 2017

It's likely that a combination of tight inventory and low mortgage interest rates is pushing some buyers into the market early this year, both to capitalize on low mortgage interest rates while they can and to get a jump on the competition to come in the busy spring home shopping season.feedback

Jan 27 2017

Going forward, it's unlikely that housing will be much of a drag on growth, but Q4 data showed a slowdown in wage and salary growth that could certainly impact housing affordability, particularly as interest rates keep rising.feedback

Jan 04 2017

My advice to buyers would be to not freak out and feel a sense of urgency. If you aren't able to buy a house at 4.5 percent, you probably weren't able to buy a house at 4 percent.feedback

Nov 29 2016

The housing market has been favoring sellers for the past few years. Sellers in the current housing landscape often have the luxury of listing their home 'as-is' without fixing it up or with only minimal window-dressing since demand for homes has been high and inventory low. It's common for sellers to receive multiple bids, and in the hottest markets, sell for over asking price, but these conditions will change in the future.feedback

Nov 29 2016

Inadequate supply of homes available to buy – especially at the entry-level end of the market – remains a huge problem.feedback

Nov 22 2016

Clearly, the market continues to underestimate just how much demand for homes is out there, even in the face of tight inventory and rising existing home prices that are now the highest on record.feedback

Oct 25 2016

Still, the market can't stay on this course forever, and continued inventory shortages are leading to intense competition, escalating prices and mounting buyer frustration, with the average home search over the past year taking more than four months.feedback

Aug 18 2016

At its worst, negative equity touched all kinds of homeowners in all kinds of markets. The type of community a given home was in – urban or suburban – mattered little. Fast-forward a few years, and the relative vibrancy of a given community and how it has performed over the past few years, and not necessarily its location in the city or suburbs, matters a great deal.feedback

Jul 28 2016

Broadly speaking, the falling homeownership rate is a sign that renting isn't only for those just starting out or making a transition, but is becoming an increasingly viable longer-term option for many households. It also means incomes are not yet rising quickly enough to broadly support new homeownership, and that inventory remains too tight to allow for meaningful access to affordable housing.feedback

Jul 14 2016 - Pokemon

I think right now it has more than a novel feeling to it. I don't think people are expecting it to move the needle on any point.feedback

May 24 2016

The struggle will continue for home shoppers this summer. New construction has been sluggish over the past year; we're building about half as many homes as we should be in a normal market. There still aren't enough homes on the market to keep up with the high demand from every type of homebuyer.feedback

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