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home prices: Good News! Good Bay Area Real Estate News! - 03/27/10 08:25 PM
A lot of positive bills, thoughts and activities have been happening on the Bay Area Real Estate Front. I have been trying to write this for a while. Each time I sit down to write there is more I have to add to it. That is a good problem. So exciting! Enjoy the Good News. Home Buyer's Delight You can still get the federal Home buyer credit of $8000 for the first time buyer or $6500 for the move up buyer. You must be in contract by the end of April and close by the end of June. For additional information:
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home prices: An Open Letter To Potential Home Buyer and Fence Sitter - 01/15/10 12:59 AM
Dear Home Buyer and Fence Sitter, The window of opportunity is closing. Let me explain my thoughts. Prices in the Bay Area are already inching up, same with interest rates. The time to receive the Federal Tax Credit of $8000 or $6500 is rapidly approaching. (Must be in contract by April 30, 2010) FHA is talking about increasing the minimum required down payment and or increasing the cost of required mortgage insurance. You can purchase a home today and your costs will be fixed for the next 30 years. What else can you buy and maintain the same cost
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home prices: Buyer's Market??? - 07/20/09 12:45 AM
Buyer's Market? You bet it is. I will be speaking about the low end of each market area. On the Peninsula and San Francisco we talk about Single Family homes priced under $700,000. In the East Bay it is below $400,000. Buyer's Market yes but not in the traditional way. Today's buyer cannot expect to purchase a home for 20% off the list price, but they can expect to purchase a home 30-60% off of 2004 prices. Today's buyer cannot expect the seller to take care of all necessary repairs, but the buyer can expect to receive an $8000 Federal Tax
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home prices: Bay Area Real Estate - "The Perfect Storm" - 12/10/08 07:22 PM
Perfect Storm = Low Interest Rates, Low Prices, and Lower Inventory. We have all the ingredients. If you have been waiting for prices to stabilize you are on the cusp of being late. Homes in Daly City, San Bruno, San Mateo, San Francisco and South San Francisco are selling. To keep up with the demand Bank of America is falling behind on appraisals and is hiring outside appraisers. I spoke to a termite inspector yesterday. He had 5 inspections scheduled for the day. Need I say we did not speak long. There is a buzz in my office. Conference rooms are
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Lee Ginsburg
San Bruno,
CA
More about me
Prudential Ca. Realty
Address: 180 El Camino Real, San Bruno, Ca, 94066
Office Phone: (650) 358-3959
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