Archive for October, 2009

It’s a Scam

A client of mine recently closed on his first house.  As I do with all of my clients I forewarned him that he would receive a TON of junk mail and advised him on what to ignore and what not to ignore, and if he received anything that he was confused about to let me know. […]

Oaklands Zip 94608 one of the hottest

Some ZIPs drawing more bidding wars Carolyn Said, Chronicle Staff Writer Saturday, October 24, 2009 The Bay Area locales where homes sell the most above asking price tend to be relatively affordable, according to a report from ZipRealty released Friday. That underscores the sway that investors and first-time home buyers hold in today’s real estate […]

Word of Caution-Don’t take the $729,750 loan amount for granted

Chet Gohd, owner of RPM Mortgage Berkeley, has the following to say about the $729,750 loan amount, which is about to EXPIRE: For some reason, there isn’t much press on this and the clock is ticking. The main reason is that the loan amount of $729,750 is set to expire at the end of December […]

Oakland and San Francisco: Top 10 best bets for housing recovery.

The average home price is forecast to plummet over the next two years. But these 7 cities are predicted to post gains. Number 1: San Francisco Median home price: $675,000 Value lost since 2006: 25.7% Forecast gain by 2011*: 4.8% The San Francisco metro area has seen its home values drop by a quarter, and […]

Home Buyer Tax Credit Extension

That tax credit that I have been blogging about for some time now, that tax credit that is about to expire?  Well, I have a little bit of good news for our military clients serving (or having served) overseas. The House of Representatives voted unanimously Monday to extend the deadline for the home buyer tax credit […]

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