Todd Goforth, Realtor

Home
United States
Concord, CA
Todd Goforth, Realtor

Todd Goforth is a Realtor serving Walnut Creek, Concord & Danville. Listing agent and buyer agent.

01/28/2026

Why More Homebuyers Are Walking Away After Saying Yes

Homebuyers are canceling contracts at the highest rate in nearly a decade. In December alone, about 16% of all homes that went under contract were canceled. That’s a big signal that buyers are becoming more cautious.

With nearly 47% more sellers than buyers on the market, buyers have more leverage. Once inspections, insurance quotes, and real mortgage payments come into focus, many deals stop making financial sense. Small surprises now feel much bigger when affordability is already stretched.

This trend usually leads to:
• More price reductions
• More seller concessions
• Homes staying on the market longer

For buyers, it means stronger negotiating power.
For sellers, it means pricing realistically from the start matters more than ever.

The market is shifting from urgency to hesitation, and confidence is now just as important as interest rates.

01/26/2026

🛌 2 🛀 1
📍 54/3466 Willow Pass Road, Concord, CA, 94519

My latest listing on RateMyAgent.
CA 02082732
https://rma.reviews/bpggd4rkijmy

01/12/2026

Mortgage rates are coming down (they're now in the high 5% range), and home prices in 2026 are expected to slow, not crash, and salaries are finally catching up. Fannie Mae has also been instructed to purchase billions of dollars in bonds which will move the needle even lower for mortgage rates.

That creates a rare window where buyers get more negotiating power without waiting on a big price drop that likely won’t happen.

In many areas, buyers can now negotiate repairs, credits, and better terms while still locking in improving rates. This is one of the most balanced markets we’ve seen in years.

If it were me, I'd take advantage of this rare time-frame. As the months progress and the rates drop, the abilitiy to negotiate will fade and the home prices will rise along with the demand.

12/24/2025

Merry Christmas 🎄 to homebuyers

Mortgage rates have dipped to their lowest levels in nearly a month, with the average top-tier 30-year fixed rate hitting its best point since November 25th.

This positive shift in the bond market is a fantastic opportunity to lock in savings and make your dream home more affordable…finally!

Enjoy the holidays!

12/17/2025

Dream For All Program Returning in 2026!

The California Dream For All Shared Appreciation Loan program is expected to reopen in early 2026. This incredible opportunity helps first-time buyers by covering up to 20% of the purchase price (up to $150,000) for a down payment or closing costs.

If you missed it last time, now’s your chance to get ready. Borrowers will need to register for a voucher, and recipients will be chosen through a random drawing…not first come, first served!

To qualify, at least one borrower must be a first-generation homebuyer and a current California resident, and all borrowers must meet CalHFA income limits for their county.

I’m already helping clients get pre-approved and prepped for when registration opens. Reach out if you want to be ready when this program launches again — it’s a huge opportunity for California buyers.

12/09/2025

Here are my top tips for those of you looking to buy a home in 2026

• Get fully underwritten first

• Buy price now, refi rate later

• Focus on total monthly cost

• Always get a full inspection

• Cosmetic fixes = opportunity

• Be smart with your down payment

• Verify insurance early

• Use seller credits creatively

• Think resale from day one

• Don’t max out your budget

• Keep post-closing reserves

• Act on numbers, not perfection

-Todd Goforth

12/02/2025

Prop 19 & Passing Down Your Home to a Child

Thinking about leaving your home to your kids and keeping that low property tax base? Under California’s Prop 19, it’s possible — but only if certain rules are met.

To keep your tax base:
• The home must be your primary residence.
• Your child must move in and make it their main home within 1 year.
• You’ll need to file the proper forms with the county assessor on time.
• The exclusion only applies up to $1 million over the current assessed value — anything above that gets partially reassessed.

Rental or vacation homes don’t qualify, and transfers must have happened after Feb 16, 2021.

11/14/2025

🏡 CONCORD HOME PRICES
Last 12 months - All zip codes

Across all Concord zip codes, 1300–1500 sqft homes have seen a steady, gradual price dip over the past year—about $136 per day, or roughly $49,000 over 12 months. Not a major drop, but enough to give buyers a real chance to avoid peak pricing and negotiate more than usual. Once rates come down, this window will tighten as demand rises again.

📍 CONCORD HOMES
Last 12 months - 94521 only

In 94521, the same size homes have eased by about $72 per day, totaling an average decline of $26,000 over the last year. This isn’t a crash—just a softening that has led to longer market times and fewer homes selling far over asking. Great news for buyers needing a little more room to breathe.

As your Concord Realtor, I track these trends daily and keep a close pulse on the market. Whether you’re thinking about buying, selling, pricing a home, or exploring neighborhoods or school info, I’m always here to help.

I hope this Concord market update brings clarity and confidence to your decision-making.

Todd Goforth, Concord Realtor
2001 Salvio St #25
Concord, CA 94520
925-788-5741

11/13/2025

If you’re thinking about buying in Concord, the market is still moving fast—but not out of reach.

Homes between 1300–1500 sqft and 1500–2000 sqft are selling right around list price, with median days on market in the mid-teens.

That means buyers are getting fair value without the extreme bidding wars we saw in past years. This will change as rates decline.

Whether you're upsizing, downsizing, or purchasing your first home, this data gives you a realistic picture of what to expect so you can plan confidently.

If you'd like help reviewing neighborhoods, comps, or upcoming opportunities before they hit the market, I’m always here to help.

10/29/2025

📊 It’s Fed Day!
Markets are holding steady ahead of today’s Federal Reserve announcement. Mortgage bonds opened slightly lower, with the 10-year yield up to 3.99%. Meanwhile, the Dow, S&P, and Nasdaq all closed at record highs yesterday, and WTI oil is trading at $60.39/barrel (+$0.22).

All eyes are on Fed Chair Jerome Powell’s remarks later this morning — his comments often move the market and directly impact mortgage rates and Bay Area housing trends.

🕚 Fed announcement: 11:00 AM PST
🎙️ Press conference: 11:30 AM PST

Stay tuned for updates on how today’s decision could shape opportunities for California homebuyers and homeowners.

10/20/2025

Just sold in Walnut Creek!

1909 Countryside Ct closed at $775,000. This 4 bedroom, 2.5 bath home with 1,812 square feet of living space offered great potential for its next chapter.

We successfully negotiated a $10,000 seller-paid credit toward the buyer’s closing costs, helping make the deal come together smoothly. These credits can be used to buy down interest rate or to simply keep more cash in your pocket when you come to the closing table.

If you’re thinking about selling or want to understand your home’s value in today’s market, let’s talk.

10/11/2025

Concord Open Houses — Sunday, Oct 12

Looking for your next home? Here are the must-see open houses happening this Sunday in Concord:

🕐 1–4 PM
4273 Chaban · $799K
1498 Delaware Dr · $845K
2144 Bluerock Cir · $865K
1015 Hidden Oak Ct · $869.9K
1169 Discovery Way · $899K
4871 Thiessen Ct · $900K
1152 Via Doble · $995K
4490 Sheepberry Ct · $1M
1381 Rosal Ln · $1.124M
4516 Spring Valley Way · $1.125M
1170 Ridgemont Pl · $1.199M

🕑 2–4 PM
1274 Stephanie Ct · $878K
5091 Saint Celestine Ct · $950K

📍 Concord, CA | Canterbury Village · Clayton Valley Highlands · Newhall Community Park area

DM or call me for private tours and strategy.

Address

2001 Salvio Street
Concord, CA
94520

Website

http://www.goforthrealestate.com/

Alerts

Be the first to know and let us send you an email when Todd Goforth, Realtor posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Todd Goforth, Realtor:

Shortcuts

Want your business to be the top-listed Realtor/realty Service in Concord?