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Interest Rates, Lowest we have seen.

Interest rates on mortgages are at their lowest levels in nearly 50 years.  Rates on 30-year fixed mortgages averaged 4.58 percent this week nationwide and 4.52 percent in the West, down from 4.69 percent nationwide the previous week, according to Freddie Mac.  Last year at this time, 30-year fixed-rate mortgages averaged 5.32 percent.  It is important to note that rates differ from lender to lender,... [Read more]

Extension of Home Buyers Tax Credit

Home buyer credit extension heads to Obama   Congress passed a bill this week extending the deadline to close escrow and qualify for the federal home buyers tax credit. President Obama is expected to sign the bill extending the deadline to Sept. 30, 2010, instead of its original June 30 deadline. KEEP THIS IN MIND • The bill extends the deadline to close escrow for home buyers who entered into... [Read more]

Ocean Front Northern California

Spectacular Ocean Views This 5 acre property is level with trees and spectacular views of the northern coastline.  Each morning wake to the tranquil sounds of the ocean, seals and sea lions sunning and playing in the surf.  Listen to the waves crashing on the rocks, while watching the serene sunsets and incredible views.  Price $875,000.00 Call Linda Disiere, CCIM CRS (888) 832.7179 x102 or (707)... [Read more]

TRULIA AND REALTY TRAC SURVEY

59 PERCENT OF HOMEOWNERS WITH A MORTGAGE WOULD NOT CONSIDER WALKING AWAY FROM THEIR HOME NO MATTER HOW MUCH THEIR HOME IS “UNDERWATER” ACCORDING TO A NEW SURVEY FROM TRULIA AND REALTYTRAC Only 1 Percent of Homeowners With A Mortgage Say Walking Away Is Their First Choice If Unable To Pay; 69 Percent Say Modifying Their Loan is Their First Choice While the stigma around owning a foreclosure has... [Read more]

Rebound of Housing?

Daily Real Estate News  | May 14, 2010 When Will the Housing Market Rebound? All the signs are there for continued improvement in the economy as well as housing markets, but it will be several years before real estate practitioners can expect to see markets returning to equilibrium, two of the country’s top economists told REALTORS® this week. By the end of this year, practitioners should... [Read more]

Housing Affordability

California Association of Realtors:  Thursday, May 13, 2010 C.A.R. reports entry-level housing affordability at 66 percent in the first quarter of 2010 Quick Facts:·  C.A.R. First-time Buyer Housing Affordability Index stood at 66 percent in the first quarter of 2010 compared with 69 percent in the first quarter of 2009 ·  The median price of an entry-level home in California was $246,270 in the... [Read more]

Northern California Real Estate

Northern California Real Estate Northern California is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the city of San Francisco, San Jose (the third-largest city in California), Sacramento (the state capital), as well as the redwood forests, the northern California coast, the Big Sur coastline area, the Sierra Nevada including Yosemite Valley and... [Read more]

Traveling Northern California

With the vast changes in scenery and climate, traveling through Northern California can be once of the most exciting and rewarding adventures. Walk or bike across the one and only Golden Gate Bridge. With its towers, sweeping cables, and majestic span, the Golden Gate Bridge  is certainly one of the world’s most beautiful bridges. When it was built in the mid-1930s, it was the longest suspension... [Read more]

Real Estate and Social Media 3.0?

The Real Estate Market is changing faster then most can keep track of. Though how do we increase our reach as consumers and real estate professions. What if you had global reach and every market out there could see you. If you were in a sea of of opportunity, what would it look like? That market is emerging and can change your whole prospective on this world economy. There are tools out there that... [Read more]