Market Update/Rates are still Good! (May 2010)

interest-rates

May 2010 Spring has Sprung! Home prices are afforadable and we have choices! More homes are coming to market each week, and Interest rates are still favorable! (for conforming, <$417,000 loan) 5.125% – 30 year fixed 4.50% – 15 year fixed 4.00% – 5/1 ARM (Higher Conforming, >$417,000 loan) 5.25% – 30 year fixed 4.75% – 15… Read More

Interest Rates & Market Update

mortgage

(November 2009 Update) Since home sales and home values are so closely tied to the cost of borrowing money, we thought we would focus some attention on current interest rates, along with the general Real Estate related topics we usually discuss. The cost of borrowing money to finance home purchases are currently at very low… Read More

Reality Check

Most of the headlines in print media for the past two years have announced the decline and demise of the housing market. Broadcast media has jumped on the same bandwagon and leads most broadcasts with endless predictions of dire straits for the home sellers. As usual, the conventional wisdom of the media is not wisdom… Read More

Pricing a home for sale: More of an art than a science

Last week I was working with a client who is preparing to put his home on the market.  I met with my sellers, reviewed all the recent sales data including the recent “solds” and homes just under contract, “pendings”. The analysis indicated market value of their home to be around $950k (price per square foot,… Read More

©2012 Bay East. ©2012 CCAR. ©2012 EBRD. All rights reserved. Information deemed reliable but not guaranteed. This information is provided from three separate sources: Bay East, CCAR and EBRD. The listings presented here may or may not be listed by the Broker/Agent operating this website. Information last updated on 5/18/12 9:08 PM PDT.

This IDX solution is (c) Diverse Solutions 2012.