April 4, 2008 by Leave a Comment

The Ups and Downs of the San Francisco Real Estate Market

Words of wisdom from my real estate mentors…. Experience shows that buying a San Francisco home is investing in the long term. Listening to the news everyday and making your personal life decisions based on the headlines is a little bit like the following. Imagine a man walking up a big hill with a yo-yo in his hands. Instead of keeping his eyes on the hill, his eyes are fixed on the yo-yo. How quickly & safely will he make it up the hill, do you think? Let’s stay focused on where we … [Read more...]

Filed Under: Economic News & Market Updates, Home Buying, Home Selling, Real Estate Investing, San Francisco Real Estate
March 26, 2008 by Leave a Comment

Are Homes the New Emotional Baggage? The San Francisco Home Sellers Dilemma.

In today’s NY Times, there is an article entitled, “Be It Ever So Illogical: Homeowners Who Won’t Cut the Price.” It is very interesting. For example, take the description of how the real estate market compares to other markets… “In most other areas of the economy, this combination of plummeting sales and stable prices would not happen. When demand for airline tickets drops, the airlines cut their prices until they have sold their seats. When stocks become … [Read more...]

Filed Under: For the Dogs, Home Selling, San Francisco Real Estate
March 13, 2008 by Leave a Comment

Why is the San Francisco Real Estate Market so Resilient??

This article will make you smile, especially if you are one of the lucky ones…lucky enough to live in SF and the immediate Bay Area, that is!   Remember the book, “The Rise of the Creative Class” from 2002? Well, the author has a new book out detailing what superstar cities are and who makes the cut.   Want an explanation for why our San Francisco real estate remains vibrant and stable, without the plummeting real estate values seen across the country???? Go on, … [Read more...]

Filed Under: Home Buying, Home Selling, San Francisco Real Estate
March 7, 2008 by Leave a Comment

Who Controls What in a Real Estate Sale?

There are only 5 Factors in any given Real Estate Sale, whether you are selling a Soma loft or a Noe Valley Victorian. You may be surprised to see who controls what….but think back to Econ 101. It’s all about supply and demand.   Tags: real+estate, san+francisco, how+to+price+my+home+for+sale, market+conditions … [Read more...]

Filed Under: Home Buying, Home Selling, Real Estate Financial Knowledge, San Francisco Real Estate
March 6, 2008 by Leave a Comment

Selling a Home in San Francisco: The Flow Chart

Want to see the big picture of a real estate transaction? Check out this easy flowchart for the beginning, middle and end of a home sale. REAL ESTATE FLOWCHART … [Read more...]

Filed Under: Home Selling, San Francisco Real Estate
February 11, 2008 by Leave a Comment

Fun Facts about California Home Ownership

Did you know…? Over the long-run, the median home price of an existing single-family home in California has increased about 9 percent a year since 1969, according to the CALIFORNIA ASSOCIATION OF REALTORS®.  The Mortgage Bankers Association in Washington said Wednesday that its index of total mortgage applications rose 3 percent last week to its highest level since March 2004, and applications were up 73 percent from a year earlier. This could be a sign that potential buyers … [Read more...]

Filed Under: Economic News & Market Updates, Home Buying, Home Selling, Real Estate Financial Knowledge, Real Estate Investing, San Francisco Real Estate
February 7, 2008 by Leave a Comment

TIC loan record:Spotless

Concerned about the risks involved with TIC financing? Not to fear! Apparently, the record is excellent. I’d say this is because the fractional TIC loan lenders have always maintained strict lending guidelines, i.e. great credit, solid savings, and a stable job! No, sub prime here! Of course, you pay more for these loans but for a TIC buyer, they can offer safety & security as you are no longer tied to another person through the group loan. If you own a multi-unit building, … [Read more...]

Filed Under: Economic News & Market Updates, Home Buying, Home Selling, Real Estate Financial Knowledge, San Francisco Real Estate
February 4, 2008 by Leave a Comment

What Fed cuts really mean for mortgages

Brought to you by Inman News… Commentary: Average rates on mortgages unchanged in recent surveys By Lou Barnes Inman News Contrary to the conviction of deeply confused civilians and reports by lazy news media, mortgage rates are unchanged, about 5.75 percent for the lowest-fee 30-year paper. If you don’t believe me, visit www.freddiemac.com and its weekly survey. It is unbiased by sales jive, although it suffers from “survey lag” (early-week data released on … [Read more...]

Filed Under: Economic News & Market Updates, Home Buying, Home Selling, Real Estate Financial Knowledge, San Francisco Real Estate
January 26, 2008 by Leave a Comment

Economic stimulus a big break for home buyers

The economic stimulus package working it’s way through the House offers some outstanding news for local San Francisco real estate. If passed (and we think it’s likely to), the conforming loan limits for Fannie Mae backed loans will increase substantially. Conforming loans have MUCH lower interest rates. What this means is that more home buyers will be able to afford real estate in the Bay Area. This is great news for 1st time buyers as well as anyone who wants to take … [Read more...]

Filed Under: Economic News & Market Updates, Home Buying, Home Selling, San Francisco Real Estate
January 15, 2008 by Leave a Comment

San Francisco Real Estate is Boom or Bust right now, depending on where you are.

”It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to heaven, we were all going direct the other way–in short, the period was so far like the present period, that some of … [Read more...]

Filed Under: Economic News & Market Updates, Home Buying, Home Selling, San Francisco Real Estate
«Older Posts
Newer Posts»