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redwood city: SF Mid Peninsula Market Watch - Week ending August 26, 2007 - 08/29/07 01:01 AM
SF Mid Peninsula Market Watch - Week ending August 26, 2007 Media reports regarding the condition of the mortgage industry continue to have a perplexing effect on buyers. Some potential buyers aren't even attempting to qualify for loans for fear of rejection, and others are simply confused by what the media is reporting and think that reasonable loans don't exist any more. The reality is that credit tightening has only affected a small percentage of buyers. The fact is that they could be missing a good buying opportunity by waiting, or not trying to qualify. I would be happy to introduce you to
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redwood city: In Defense of RAPL (What is RAPL Anyway?) - 08/18/07 03:51 PM
What statistic do you like to use to identify the current market dynamic? Wouldn't it be nice if there were one statistic that would be easy to find or calculate and that would tell the whole story? Well there isn't, so get over it. But RAPL is nifty. The RAPL (Ratio of Active to Pending Listings ) is about as easy to get as doing a search in the area you're interested in. If you perform a search for all current listings that haven't been sold, divide the number still available to write sell by the number in contract but not
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Don Diltz DRE:01204965
Menlo Park,
CA
More about me
Coldwell Banker
Address: 2633 Ocean Ave., San Francisco, CA, 94132
Office Phone: (415) 338-0200
Cell Phone: (650) 464-5555
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