Chuck Barberini Real Estate

  “Just Thinking” Thanksgiving, or as it is known to the rest of the world, Thursday. Wishing you a happy and healthy day filled with warmth, laughter, and the love of family and friends. Here is to gratitude, togetherness, and the blessings that make life beautiful. Have a wonderful Thanksgiving! Thanksgiving thoughts: The Macy's Thanksgiving Day Parade an American tradition that marks the beginning of the holiday season. This year’s parade celebrates the 98th anniversary, millions of people will be watching it on television and in person. Another Thanksgiving tradition is football on television. Two traditional NFL teams that have been long associated with Thanksgiving games, the Lions and the Cowboys. The Detroit Lions started hosting Thanksgiving Day games in 1934 and have played every Thanksgiving except during World War II. The Dallas Cowboys joined the Thanksgiving tradition as a second team to host a game annually starting in 1966. With a few exceptions in the 1970s, the Co...

Purchasing affordability for first-time U.S. homebuyers will worsen over the coming year on tight supply and just a few more Federal Reserve interest rate cuts, even as average home price rises slow, according to a Reuters poll of property experts. Without enough entry-level housing for sale, particularly for families, affordability has long been the burning issue in the housing market of the world's largest economy, consistently pricing out prospective first-time homebuyers. Slightly lower interest rates over the coming six months will not be enough to entice new buyers into a housing market where prices are still over 50% higher than pre-pandemic levels, according to a Nov. 12-27 Reuters poll of property analysts. On purchasing affordability expectations, 10 of 19 survey respondents changed their view to "worsen" from "improve" compared with an August survey. All 26 polled in August said it would improve. "Take the U.S. and a lot of the West - they're...

  Check out this weeks Newsletter It turns out a home’s “must-have” list can go beyond kitchens and bedrooms—especially for football fans.  For about one in five NFL fans, team loyalty had a huge influence on their home search.  A recent Realtor.com survey conducted online August 22-24 also reveals more than half (55%) of these football-loving Americans say supporting a local team helps them feel more connected to their community and neighborhood.  That’s according to responses from a national sample of 2,201 U.S. adults aged 18 and up. Data was weighted by gender, age, race, region and education to represent the U.S. population.  When it comes to NFL fans and the teams they support, a connection to their community is a major driving force and influence. Creating a home is about so much more than buying a physical property—it is also about the community that we build around it. Our new survey shows that football and NFL play a vital role in how we see that commu...

  “Just Thinking” I was reflecting on how much the sightline into San Francisco changed over the years, thinking back on the view from the back seat of the family station wagon, so many things have changed and although many of my memories are fuzzy, some are quite clear, I did have to cheat a bit and search some stuff to see what I could find to bolster my recollection in some cases. One of my vivid memories is of the giant Mr. Peanut sign on top of the Planters Peanuts building; it also had little Mr. Peanuts on the parapet surrounding the building. When we saw Mr. Peanut, we knew that we were almost home, the factory was located at the intersection of Bayshore Boulevard and Paul Avenue which was one exit away from our house. The company closed the factory in 1976, and the following year, U-Haul took over the property, making it a moving and storage facility, which is still there today. Then were then there were some other signs near Potrero Hill that stick in my mind. The Hamm's ...

  Check Out This Weeks Newsletter An NBC News analysis explores how housing affordability—especially in the toughest housing markets—gave former president Donald Trump an edge in the 2024 presidential election.  Vice President Kamala Harris may have been the first (and only) of the two main candidates to address housing during the presidential debate in September, but ultimately her proposals to make housing more affordable to more people weren’t enough to sway voters in battleground states, particularly those where housing affordability is at its lowest.  That’s what the NBC data shows, with counties moving sharply to the right, indicating widespread hope that Trump’s housing policies will do more for them than four more years of the Biden/Harris solution.  This is not an endorsement of the election results. It’s an acknowledgment of what the numbers are telling us about voter behavior in markets where fewer residents can afford to buy a home.  Prospective buye...

“Just Thinking” Its November and its Fall and its Day Light Savings Time and it is the Holiday Season, it’s that time of year. Personally, I am not a fan of Day Light Savings Time (DST) especially in Fall, which is when it comes off, I think, it is still confusing to me. Spring forward, fall back, DST starts in the Spring and ends in the Fall. There is a 3-hour time difference between us and Hawaii, but not all of the time because Hawaii doesn’t do DST, so when is it 2 hours and when is it 3 hours. What is the real time anyway, is it what we have going on now, or what is going on in the spring, or is it somewhere in the middle.  When we were younger DST started in October, usually before Halloween, which was great for trick or treating and for getting out of football practice early. But I hated having to leave the house in the dark and get home in the dark and this was happening right at the time when the weather starts to change to cold, let’s just say I’m not a fan. It seems that...

  The Fannie Mae Home Purchase Sentiment Index® (HPSI) recorded a notable increase of 0.7 points in October 2024, bringing it to 74.6—its highest level since February 2022. This boost comes alongside a 9.7-point increase year-over-year, signaling a significant recovery from the all-time low experienced just two years ago. Mark Palim, Fannie Mae Senior Vice President and Chief Economist, emphasized the broader trend, stating: “While we have seen significant improvement in overall housing sentiment over the past two years, consumers’ perception of homebuying conditions remains strained, with only 20% believing it a ‘good time’ to buy a home, primarily due to high home prices.”  Mark Palim  - Senior Vice President and Chief Economist, Fannie Mae Key HPSI Highlights for October 2024 Good/Bad Time to Buy Consumer sentiment regarding homebuying showed gradual improvement. The share of respondents who believe it’s a good time to buy rose to 20%, a 1-percentage point month-over-m...