Todd Goforth – Realtor | Blog

Hi everyone! It’s March 22, fed day. As expected, the Federal Reserve has announced a quarter-point increase in its key short-term interest rate, bringing it to a range of 4.75% to 5%. This move is part of the Federal Reserve’s ongoing efforts to manage inflation and maintain stability in financial markets. While this may sound like just another decision made by policymakers in Washington, it can have a significant impact on consumers and businesses alike. What does this mean for you? Here are a few things to keep in mind: It’s worth noting that the Federal Reserve’s decision to raise […]

What is NEM3 and How Does It Work? In 2022, California’s Public Utilities Commission approved NEM3, the third iteration of the state’s net energy metering rules. These changes, which will take effect in April 2023, will have a significant impact on the cost of rooftop solar installation for new users. Existing solar users may also be affected under certain circumstances. How Does NEM3 Differ from Previous Net Energy Metering Rules? Under NEM3, solar users will receive less compensation from utilities for the excess energy they generate, with payments dropping from an average of $.30/kWh to around $.05/kWh. Additionally, NEM3 solar […]

Moving to Concord, CA Are you considering a moving to Concord, CA? As the largest city in Contra Costa County, Concord has a lot to offer. In this guide, we’ll cover everything you need to know about living in Concord, including homes for sale, local attractions, and more. Homes for Sale in Concord, CA If you’re looking for homes for sale in Concord, you’ll find a range of options available. Concord is a beautiful city with many lovely homes, perfect for raising a family. As a Concord Realtor, I can help you find the right home to fit your needs […]

As a Realtor in Danville, CA, I am pleased to share with you the latest market activity for the 94526 zip code. The Danville real estate market is heating up As we enter the Spring season, which is historically the best time to sell real estate. In the last two months alone, 34 homes were sold in Danville (94526), with an average sold price of $1,915,292. The average original list price for these homes was $2,004,082, and homes sold 3% under asking on average. It’s worth noting that the median days on market was only 8 days, indicating a strong […]

CalHFA, California’s leading housing finance agency, has exciting news for first-time homebuyers in the state. On March 27th, 2023, CalHFA will introduce the Dream For All Shared Appreciation Loan, a down payment assistance program designed to help first-time homebuyers achieve their dream of homeownership. The Dream For All Program was established by the 2022-23 State Budget, which allocated funds to CalHFA to administer the program with broad parameters and specific requirements. The program aims to improve equitable access to homeownership for all Californians, as home equity has proven to be one of the strongest ways for families to build and […]

If you’re considering buying or selling a home in Danville, CA, it’s important to stay up-to-date with the latest housing market trends. Here’s a snapshot of the current market conditions in Danville, based on the latest housing data that I have compiled: Homes for sale Danville, CA There are currently 23 active listings for sale in Danville, with an average of 31 days on the market. This indicates a relatively balanced market between buyers and sellers. 31 days is the average, but well priced homes are selling in less than 7 days and receiving multiple offers. Danville, CA home prices […]

3/12/23 Spring is here, and despite rising interest rates, it is a favorable time for sellers in the area. The low inventory and high demand for homes in Walnut Creek suggest that there may be more buyers than available homes on the market, which can lead to competitive bidding and potentially higher sale prices. Additionally, the median listing price for the past 30 days has increased by 12.9%, which is a significant indicator of a strong and active market. This increase suggests that there is a higher demand for homes in the area, and sellers may be able to get […]

Are you looking to buy or sell a home in Concord, California? If so, it’s important to stay up-to-date with the latest market trends and data. Here’s a look at the current state of the real estate market in Concord, based on recent data for the 94521 area of the city: Number of Active Listings: 13 Average Days on Market for Active Listings: 26 Average Days on Market for Sold Homes (past 30 days): 50 Monthly Change in Active Listings: -45.1% (91) Annual Change in Active Listings: -12.3% (57) Median Listing Price (past 30 days): $838,000 One Month Change in […]

If you’re considering selling your home in Concord, now may be the best time to do it despite the current state of the housing market. Despite high interest rates and a dip in mortgage applications, there are several advantages to selling your home in Concord right now. With fewer people applying for mortgages and buying homes, there are fewer sellers on the market. This means less competition for your home and a greater chance of a successful sale. Additionally, potential buyers may be more willing to consider your home if there are fewer options available to them. While there may […]

Walnut Creek, California is a sought-after location for homebuyers, and the recent sales in the area are a good indicator of the current state of the housing market. These homes were sold within the last sixty days, and are the most recent comparable properties in which appraisers and Walnut Creek Realtors will use to value future homes for sale in Spring. Here are the most recent sales in Walnut Creek, CA:

Are you considering buying or selling a home in Walnut Creek, CA? As a real estate agent born and raised in Walnut Creek, I’d like to provide you with some insights into the current market conditions. As of today (Feb 23, 2023), benchmark interest rates are currently at 6.88% and rising towards 7%. While this may seem high, it’s important to keep in mind that interest rates are historically low. If you’re considering buying a home, now may be the time to do so before interest rates climb even higher. In the last sixty days, homes in Walnut Creek sold […]

As a prospective homebuyer, high interest rates can be intimidating. However, buying a home is still a smart investment even if the interest rates are high. Here’s why: In conclusion, high interest rates shouldn’t deter you from buying a home. Real estate is a long-term investment! High interest rates can lead to lower home prices. Fixed-rate mortgages provide stability, and homeownership offers emotional benefits that can’t be measured in financial terms. Todd Goforth, Realtor (East Bay Area)

Buying or selling a home in Walnut Creek, CA can be a complex process. To help you navigate it successfully, consider these tips from a local real estate agent: By following these tips, you can navigate the Walnut Creek real estate market and achieve your homeownership goals. If you’re interested in buying or selling a home in Walnut Creek, contact the Goforth Real Estate team located at 201 N Civic Dr #130, Walnut Creek, CA 94596. Thanks for reading!

If you’re a real estate investor in California, you may have heard about the benefits of a 1031 exchange. A 1031 exchange is a tax-deferred exchange that allows you to sell your investment property and reinvest the proceeds into another like-kind property without paying capital gains taxes. Here’s a step-by-step guide on how to conduct a 1031 exchange in California: Step 1: Consult with a Qualified Intermediary (QI) To start the 1031 exchange process, you’ll need to consult with a Qualified Intermediary (QI). A QI is a third-party intermediary who will facilitate the exchange and ensure that all the legal […]

Are you looking to sell your home in the Bay Area, CA? Preparing your house for sale is a critical step in the process. There are many great locations and beautiful homes in the Bay Area, which means lots of competition. You want to make sure your home is in the best possible condition to attract potential buyers and get top dollar. Here are 5 tips to help you prepare your home for sale: By following these 5 tips, you can get your home ready to sell and attract potential buyers in the Bay Area. Remember, the more appealing your […]

Danville is a beautiful and charming town located in the San Ramon Valley, in the East Bay region of California. It is known for its top-notch schools, a strong sense of community, and a vibrant downtown area with a variety of shops, restaurants, and cultural events. Whether you’re a young professional, a family with children, or a retiree, Danville has something to offer for everyone. In this post, we’ll highlight some of the top reasons why you should consider moving to Danville, CA, and what you can expect from this wonderful town. Top 6 reasons to live in Danville, CA […]

I get asked this question a lot, especially by my first time home buyers in Walnut Creek and Concord. Owning a home has many benefits over renting, and working with a Realtor can make the process even smoother. The benefits of owning a home vs renting a home in California Working with a local Realtor near you, that has the experience in the exact market in which you’re looking, can provide valuable support and guidance as you navigate the process of buying a home and realizing the many benefits of homeownership.

Many people move to Walnut Creek largely because of the highly rated schools. Some of the best schools in Contra Costa County are located in Walnut Creek. I myself attended both WCI and Las Lomas High School. Northgate Neighborhood in Walnut Creek Northgate is a residential neighborhood located in the heart of Walnut Creek. The neighborhood is home to Northgate High School, one of the most respected public high schools in the Bay Area. Northgate High School offers a wide range of programs and extracurricular activities, including athletics, arts, and clubs, to help students reach their full potential. In addition […]

Should I move to Concord, CA? Are you considering a move to the Bay Area and wondering “Should I buy a house in Concord?” If so, you’re in luck! Concord is one of the top cities to move to in the Bay Area and has a lot to offer its residents. From its convenient location to its thriving nightlife and dining scene, there are many reasons why people should buy a house in Concord, CA. Concord is located just 30 miles from San Francisco, making it an ideal place to live for those who want to be near the city […]

Having lived in Concord myself and selling Real Estate in Concord, CA for years – I’ve gotten to know it quite well! From outdoor adventures to cultural experiences and delicious dining options, there is something for everyone in Concord. Here are just a few of the many fun activities and attractions to check out in the city. Email me if you have any to add! Outdoor Activities in Concord, CA Cultural Experiences in Concord, CA Restaurants in Concord CA There are dozens and dozens, but here are a few favorites! Nightlife:

Concord, California is a great place to raise a family, and choosing the right school is an important decision for families relocating to the area. With the help of a local Concord Realtor, families can find homes in the best neighborhoods with top-rated public and private schools. My wife is a public school teacher and I am a Realtor: together we have a good pulse on the local Concord schools. Public Schools in Concord, CA Mt. Diablo Unified School District operates many of the public schools in Concord, California. With the help of a Realtor, families can find homes in […]

Are you considering selling your house in Concord, CA? The real estate market in Concord is robust, and with the right approach, you can achieve a successful sale in no time. However, selling a house is a complex process that requires careful planning and attention to detail. In this blog post, we’ll provide you with a comprehensive guide to help you sell your house in Concord, CA. The first step in selling your house is to determine its value. You can do this by hiring a real estate agent or using an online home value estimator. A real estate agent […]

Moving to Walnut Creek, CA I was born-and-raised in the city of Walnut Creek. I am a product of the public school system, and have intimate knowledge of the neighborhoods, the pros/cons and the micro markets of the city. Should I move to Walnut Creek, CA? Walnut Creek, CA is a bustling city located in the East Bay region of the San Francisco Bay Area. Walnut Creek is a charming city located in the East Bay region of California, known for its vibrant arts and cultural scene, high-quality schools, and a growing economy. It is home to over 70,000 residents […]