I’ve always told my clients that the closing date is a “target date” because things can sometimes come up at the last minute that can delay the closing a day, or a week, or sometimes even longer. It seems like it’s RARE to close on time nowadays. The reasons for the delay are many. Sometimes […]
Credit for Closing Costs
Credits for Closing Costs… Sometimes a buyer will ask a seller to pay for their closing costs. But, there could be a problem with credits for closing costs when the lender won’t allow credits to apply against some closing costs. Or when the buyer’s costs don’t add up to what was negotiated between buyer and […]
Solar News
Two items came to my attention recently in regards to solar power for your home that I thought you should be aware of. The first is that the federal tax credit that was set to expire at the end of 2016 was just extended for five more years. I’ve heard VERY little mention of this […]
Interest rate update 2016
The Federal Reserve recently raised interest rates. That is the first time they’ve done that in about 10 years. Gasp! That must mean that we’ll all be paying higher interest rates and our hot real estate market will cool down, right? Actually, since the Fed raised rates, actual mortgage rates haven’t changed that much. Maybe […]
C.A.R. releases its 2016 California Housing Market Forecast
From the California Association of Realtors. California home sales to increase slightly, while prices post slowest gain in five years LOS ANGELES (Oct. 8) – California’s housing market will continue to improve into 2016, but a shortage of homes on the market and a crimp in housing affordability also will persist, according to the CALIFORNIA […]
Riding the Wave of the New Tech Economy (another perspective on local housing)
Here is an article I co-wrote with my colleague Liz Kroft you might find interesting. Santa Cruz is experiencing a technology boom and housing is becoming an issue we need to talk about. Here is the article: Riding the Wave of the New Tech Economy (another perspective on local housing) POSTED ON FEBRUARY 19, 2015 BY […]
Regional Housing Market at a Glance
I have uploaded a PDF of the Regional Housing Market at a glance report. This report gives an insight into what is going on in California real estate by region. It is worth reading if you are following the trends in housing in California and want to try and see where prices are going in […]
Flipping Edges Out Renting As The Preferred Investment Strategy In The Fourth Quarter Of 2014 According To Auction.Com Real Estate Investor Activity Report™ (Auction.com study)
IRVINE, CALIF. – January 21, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, today announced the findings from its Fourth Quarter 2014 Real Estate Investor Activity Report™, a nationwide survey of real estate investors bidding on properties offered for auction during these respective periods. This research provides insight into real estate investment […]
Small, Exterior Home Improvements Offer the Best Value Investments in 2015, Say Realtors®
Homeowners often consider various remodeling and replacement projects as a way to add value to their homes. Some projects add more value and better recoup their costs than others, according to Realtors® who rated small and exterior projects as the most valuable home improvement projects in the 2015 Remodeling Cost vs. Value Report. Compiled annually […]
Millennials looking toward homeownership. The next wave of homebuyers.
As Millennials get ready to be homebuyers, there are some interesting statistics coming out about what they want, how many want to buy and what their needs are. As a Realtor we should not ignore Millennials as a future and current demographic. Interesting enough is the fact that over 65% are going to want Single […]