Real Estate Reality - An Opportunity Market - 01/15/08 11:59 PM
We find ourselves in a market where buyers and sellers have some hesitation and I can't understand why.  This is an "Opportunity Market" for buyers and sellers who have been waiting on the sidelines for many months.  There is safe, affordable financing available to qualified buyers.  Interest rates for a 30 year fixed loan can be found in the range of 5 7/8% with no points.  My gosh, what more can a buyer ask for. 
Well with the anticipation of the Feds reducing rates by another 1/2 point at the end of the month it's a great time to buy!  Once again rates … (0 comments)

Installation of New Officers - 01/15/08 12:52 AM
Bay East Association of REALTORS® installed it's new officers and directors for 2008. Heading the line up was Melrose Forde who became the 61st President of the California's Premier Association. She will be supported by Pat Huffman, her President Elect and Pam Winterbauer, her 2008 Treasurer. These women will be leading the Association into 2008's Market of Opportunity for buyers and sellers with 80 years of experience between them.
(0 comments)

Tax Law Changes for 2008 - 01/11/08 09:05 PM
One of the questions that I am asked most frequently at the beginning of the year is "What tax changes have been made this year?" First, there really are not too many changes to report this year other than the usual increase in standard deduction rates and personal exemption amounts. There are however, a number of provisions in the tax code that would have expired had not congress voted to extend them.
They are:The un-reimbursed classroom related expense deduction for teachers has been extended through 2007. This gives teachers a up to $250 "above the line" deduction for classroom expenses.
The deduction … (0 comments)