belmont real estate: Housing Reform 2009--Panacea or Panic? - 03/15/09 12:15 PM
The news is full of housing reform stores but the shelf life for reform legislation seems shorter than that of freshly baked bread—what made the news just yesterday is often obsolete by today.
We expect 2009 to be a turbulent time in real estate. Knowing how to weather the … (0 comments)
|
belmont real estate: Bait & Swtich--Alive and well in the media - 11/17/08 05:30 PM
This article featured in the October 12th Sunday edition of the San Francisco Chronicle Real Estate section (K20) is emblematic of sensationalism rampant in the media.
I don't care how many times I hear the media defend itself with a thinly veiled excuse for this sort of distortion by saying we're … (8 comments)
|
belmont real estate: Belmont--Week in Review, November 1, 2008 - 11/01/08 09:03 PM
This is an abbreviated version of our recap for the last week's activity in Belmont because it's been a busy week and I'm beat. That and not much transpired in Belmont real estate.
30 year mortgage rates on jumbo loans underwent a huge increase as money previously available to Fanny … (0 comments)
|
belmont real estate: 2824 Hallmark Drive, Belmont NEW LISTING! - 10/21/08 06:11 PM
Drew & Christine Morgan (650) 508-1441
Four Bedrooms
Three updated baths
Kitchen with Birdseye maple cabinetry, new appliances, Corian
counters, hardwood floors, recessed Halogen lighting and canyon
views
Family room, kitchen and dinette combination offers access to
the rear yard
Lower bedroom with full bath
Large dining and … (0 comments)
|
belmont real estate: Belmont's Best Deal of the Week-September 2nd 2008. - 09/02/08 10:01 PM
</form>
… (0 comments)
|
belmont real estate: Housing Reform Ramifications--Did you know... - 08/14/08 05:13 PM
Housing reform and what it could mean for you. In our three part series on the housing reform bill we discuss three major changes that could impact your decision to buy, sell or refinance your home.
Part 1
Listen to this short introduction in the player or subscribe to the … (2 comments)
|
belmont real estate: Wild Swings in Belmont's Median Home Prices Explained - 08/04/08 09:01 PM
Anyone trying to understand the wild fluctuations in Belmont's median home price need look no further than this chart.
We've tracked the median home price in Belmont over the last year-ever since the mortgage crises. What we were looking for was the impact it would have on home values. We sure … (0 comments)
|
belmont real estate: As the Cookie Crumbles, or not... - 08/04/08 06:03 PM
Since the mortgage catastrophe one year ago came to light the media has been reporting month over month data revealing falling prices and sales. Seasonal adjustments were impossible since that would necessitate comparing data to the same period a year prior—hardly comparing apples to apples since July of 2007 we’ve … (0 comments)
|
belmont real estate: Foreclosures have pitfalls for buyers - 06/28/08 08:54 AM
Ever since we launched our foreclosure portal on our web site we've been inundated with inquires requesting information on how to purchase one of the many homes going to auction.
What we did not anticipate was the general misunderstanding of the process.
First, the opening bid is inappropriately referred to as … (4 comments)
|
belmont real estate: And just one more reason real estate sales are down… - 05/04/08 02:52 PM
After reading Kenneth Harney's article titled "Tight credit hitting specialized areas of mortgage market" in the May 3, 2008 Real Estate section of the San Francisco Chronicle, it struck me how far we have to go to return to a more normal housing market. Mr. Harney discusses the multitude of new … (2 comments)
|
belmont real estate: Bad News for Renters as Prices Climb - 04/21/08 09:05 PM
You've got to admit, renters have had a hard time. After being squeezed out of the homeownership market for years they now face getting squeezed out of the rental market as well.
But more to my point...ever notice that plane crashes come in three's? Do they, or does the media just report … (0 comments)
|
belmont real estate: Belmont Buyers, Now's Your Chance - 04/21/08 04:40 PM
Lots of large homes … (2 comments)
|
belmont real estate: IF WE AREN'T ALREADY IN A RECESSION, WE COULD BE SOON - 04/07/08 08:40 PM
A front page article in the Sunday edition of the San Francisco Chronicle titled "Lenders Retreat as Market Plummets" (Sam Zukerman-staff writer April 6, 2008) may frighten some people into cashing their home equity line checks fast.
The article states that many banks such as Bank of America, Country Wide Financial and Washington … (11 comments)
|
belmont real estate: Redwood Shores Median Price Statstics-March 2008 - 04/03/08 08:38 PM
MEDIAN HOME PRICE
Comparing March of 2007 to March 2008, it's interesting to note that the median price dropped 3.9% or $50,000-from $1,265,000 in 2007 to $1,215,000 in 2008. It's especially revealing in that the median home which sold during those two periods was exactly the same size-2,390 square feet; and the … (0 comments)
|
belmont real estate: Belmont Housing Market Update-March 2008 - 04/03/08 05:45 PM
BELMONT'S MEDIAN HOME VALUE IN MARCH
Belmont's median price rose $13,000 in March of 2008 to $984,500 from $971,500 in March 2007-a 1.3% increase. As always, we further examine the median size home to see if larger or smaller homes selling during the sample period could influence the numbers. Since the median … (0 comments)
|
belmont real estate: Allow Me To Think Out Loud... - 03/15/08 05:47 PM
The San Francisco Chronicle just splashed more bad news about the housing industry all over the front page of the Friday (March 14th) issue. Sales are down-way down. Part of the explanation seems to be that tightening lending standards have made it hard to afford a home since qualifying at artificially … (2 comments)
|
belmont real estate: On Sale...FREE Advice! - 01/29/08 09:33 PM
There are great deals to be had on appliances right now. Everyone knows that the U.S. economy is driven to a large degree by consumer spending. Tighter post Christmas spending patterns create a need for stores to offer up sales and financing deals to lure consumers back to the stores. Check … (1 comments)
|
belmont real estate: Butter or Bacon. How Do You Know What's Good For You?... - 01/24/08 04:17 PM
Let's point fingers. It's the American way-when things go awry, we want to know who to blame. There's got to be somebody out there whose hands are dirty? And if we can't find them we'll pick an easy target.
So who's is to blame for the mortgage fiasco? Might there be enough … (3 comments)
|
belmont real estate: Days on Market and Price Received Correlation - 01/10/08 10:47 AM
Days on Market and Price Received Correlation
Though the nation's mortgage industry is tumultuous at best, the peninsula market in the Bay Area is faring much better.
Last month 17 homes sold as compared to 14 in 2006 and off the high of 25 in 2005. That's a glimpse the market may … (0 comments)
|
belmont real estate: New Year's Day. Why January 1st? - 12/29/07 07:56 PM
Why do we celebrate New Year's Day on January 1st? For the same reason the sun never came up in Brittan for 12 days back in 1784-calendars.
On September 2, 1752 the good people of England went to bed and when they awoke it was 12 days later. The sun never came … (1 comments)
|
;)
;)
