Raymond Solis

Raymond Solis | Top Producer | Sage Real Estate Supporting & educating smart investing in the City by the Bay.

Raymond Solis was born and raised in San Francisco, California. He studied liberal arts, journalism, & film in college. Currently, Raymond studies Real Estate first and foremost, but also focuses on psychology, personal development, and business. After 13 years as a professional academic educator for some of the Bay Area’s best facilities, Raymond shifted his focus to business education. Passionat

e about the West Coast & San Francisco’s unique geographical & economical footprint, the city remained a natural focal point. With the support of family, friends and colleagues, Raymond has become a top producer for Sage Real Estate. In his spare time, Raymond loves to travel, cook, skateboard through San Francisco & trains 5 days a week. Thankful for his career and SF roots, Raymond ensures that buyers, sellers and investors are authentically informed with the most pertinent real estate knowledge to produce winning results.

06/09/2023

Should I keep renting? Not unless you like trading money for time.

Oakland rents are back up to pre-pandemic levels: Oak: https://ow.ly/4QqG50OJGXP

Meanwhile, SF is sitting below the pre-pandemic mark. That is to say, still very pricey: https://socketsite.com/archives/2023/06/rents-in-san-francisco-still-holding-at-below-pre-pandemic-rates.html

If you own, you're trading money for money. Is this news not a wake up call?

05/20/2023

With rates up, demand down, where are the stagnant homes? You can see many of them below:

http://ow.ly/u3px50Orwza

Which ones stand out to you?

05/19/2023

Ok, what about rates this week? They inched up again.

http://ow.ly/X6uZ50OruTt

Rate hikes like this don't give confidence to any easing; don't be surprised if this pattern persists through the rest of 2023.

05/12/2023

Hey, what this...? Wait..I know what you're asking, and yes, rates did move this week. Which way? Down.

http://ow.ly/H4ON50OlVRl

With the FED seesawing like this, the indication is they don't wish to go higher than they're at, currently. However, time will tell if they hold or not. Has your lender indicated as much?

05/04/2023

Can we ever expect home prices to come down? They're down right now.

https://socketsite.com/archives/2023/05/asking-prices-drop-in-san-francisco-inventory-ticks-up.html

30% of the inventory is seeing a price cut, with condos and TICs seeing a lot of those cuts. However, single family homes are clearly in the mix. With the inventory seeing another tick up, will this cause a ripple effect in nearby counties? The other question is, can you afford the current rates?

04/26/2023

Spring has not yielded options like years past. Can buyers expect any spring bump in housing inventory? Yes! We finally got a little boost.

http://ow.ly/TVzV50NS3I6

This is surprisingly on par with 2022's spring during the same period. However, sales are noticeably down. That said, do you deals that do remain available?

04/21/2023

Rates still trending downward? This week, rates moved upward.

https://socketsite.com/archives/2023/04/benchmark-mortgage-rate-ticks-up-odds-of-a-hike-as-well.html

With a 0.12 increase, that puts rates at the 6.39% mark. For those not plugged in, yes buyer demand has recoiled as a result, and so have sellers. Thus, less options for existing buyers than last year. This means deals are sparse thus market values are holding for the most part.

04/14/2023

Did mortgage rates go back up this week? No, they effectively held, yet technically moved down by a teeny, tiny, margin.

http://ow.ly/e80L50NIuZ4

With inflation coming down, rates are expected to follow.

03/31/2023

When do you think rates will start to decrease? It happened yesterday.

https://socketsite.com/archives/2023/03/benchmark-mortgage-rate-ticks-down-now-holding.html

Whether they continue to decrease, increase, or seesaw in this range, remains to be seen. That said, they're currently down. What will would-be buyers do?

03/30/2023

Should I be concerned about buyer demand, as a seller? The short answer is no.

https://socketsite.com/archives/2023/03/home-buying-activity-inches-up-only-down-35-percent-yoy.html

Buyer applications have been steadily increasing for the past month. I'm seeing 50, 60, 39, 40 disclosures out on single family homes. Best to strike now while the iron is hot and your competition sits dormant. Why wait?

03/28/2023

When will rates come back down? They just did, a few days ago.

https://socketsite.com/archives/2023/03/benchmark-mortgage-rate-drops-poised-to-tick-down.html

By .18 basis points to be exact. This puts rates below the 6.50% mark. The question is, are you watching the spring inventory?

03/22/2023

Are price reductions still happening? Are more homes available? Yes and yes.

https://socketsite.com/archives/2023/03/number-of-homes-for-sale-in-s-f-holds-price-reductions-jump.html

The data doesn't lie, but it really comes down to two factors as to whether you see this in your own search: Your budget and criteria. Spring is upon us so keep your eyes peeled for more sellers to come to market.

Address

580 4th Street
San Francisco, CA
94107

Website

https://www.sageteam.com/members/raymond-solis/, https://thegoods-sf.com/SFRE/

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