buyers: San Francisco Bay Area is Nation’s Fastest Selling Housing Market
- 05/18/15 08:18 AM
San Francisco Bay Area house hunters who have been pounding the pavement to get into a home probably won’t be surprised by this news: Bay Area properties are selling faster than anywhere else in the U.S., according to arecent study by Trulia. In one more sign that we’re going through a red-hot seller’s market here, Trulia reported that the San Francisco, San Jose and Oakland metro areas are indeed the three fastest moving markets in the nation. It’s interesting to note that the top five markets are all in California (including San Diego and Orange County), and eight of the top 10 markets … (0 comments)
buyers: Nice and well-maintained home in San Jose, CA
- 09/11/14 12:55 PM
September, the first of the "ber" months signals the end of summer. Green leaves are turning brown and weather is becoming cooler. Excited students are returning to school presumably refreshed and reinvigorated from their vacation. Real estate business tends to slow down at this time for lack of inventory but buyers still abound and hopeful to snatch some late or reduced listings. In the Silicon Valley which includes the City of San Jose, http://en.wikipedia.org/wiki/Silicon_Valley the real estate business continues to move forward. In this light, I am listing a nice and well-maintained home with 4 beds, 2 baths; upgraded kitchen and floor; newer … (9 comments)
buyers: Silicon Valley Dominates Top Luxury Market List
- 04/07/14 03:30 AM
As reported in REALTORMAG, the national magazine of the National Association of Realtors, the dominating performance of Silicon Valley in the Luxury Market is shown when out of twelve (12) locations - "Silicon Valley is home to three of the top nation’s top five luxury markets, according to an index by Coldwell Banker Previews International, which ranks markets by average sale price gains and the sales volume of luxury homes." The cities per this link based on the Coldwell Banker data - http://realtormag.realtor.org/daily-news/2014/04/04/silicon-valley-dominates-top-luxury-market-list Woodside, Calif. Bal Harbour, Fla. Portola Valley, Calif. Hillsborough, Calif. Thousand Oaks, Calif. Glenbrook, Nev. Arcadia, Calif. Southport, Conn. Incline … (0 comments)
buyers: How Californians Finance Their Homes
- 03/13/14 03:40 PM
As per the below infographic/image from the California Association of Realtors' website, the following interesting data appear: In 2013, majority of Californians preferred 30-year fixed rate rate than other financing options; 91% of Californians financed their homes in 2013; 25% is the average down payment; 91% of the Buyers obtained a fixed rate loan; 85% of the Buyers obtained a 30-year loan; and 83% of the Buyers had not problem with their appraisal. The preference for fixed rate indicates that Californians prefer stability … (3 comments)
buyers: Big Investors Boosting Home Prices
- 03/13/14 03:02 PM
I am sharing this article that appeared in California Association of Realtor's website with this link - http://www.npr.org/2014/03/10/286261937/big-investors-boosting-home-prices-and-not-everyones-pleased that may serve as one of the reasons why there is not enough inventory of homes for sales to the public, partially quoted as follows: "A major factor in the price rise is hedge funds, private equity firms and other large investors. They've moved aggressively into the residential market over the past two years, buying tens of thousands of distressed properties, often at bargain prices. "Some analysts are worried that those bulk purchases will leave middle-class buyers out in the cold. … (0 comments)
buyers: "We loved with a love that was more than love."
- 02/14/14 02:08 AM
The subject is by Edgar Allan Poe. On this special day, I greet everyone a Happy Hearts Day! Realtors do love. We love our families, friends, relatives and clients.
… (4 comments)
buyers: Best and the Worst Performing Housing Markets
- 02/05/14 03:34 AM
Here is the latest listing of the Best and the Worst Performing Housing Markets in the USA. Surprisingly, or not, California has 6 areas of out 10 which are the best markets and they are all located in the Southern portion of California. "Southern California" usually refers to the ten southern-most counties of the state. This definition coincides neatly with the county lines at 35° 47′ 28″ north latitude, which form the northern borders of San Luis Obispo, Kern, and San Bernardino counties. Another definition for southern California uses Point Conception and the Tehachapi Mountains as the northern boundary." (Wikipedia)
The Best in the list are as follows: … (2 comments)
buyers: An Astonishing Share Of Homebuyers Are Paying All Cash
- 01/30/14 11:02 AM
This article validates what obviously is upon us - Cash buyers abound. Just wondering if most of those cash are from outside sources and not from our banking system. More and more people are buying homes with pure cash. In December, all-cash purchases accounted for 42.1 percent of all U.S. residential sales, according to the latest report from RealtyTrac, a company that collects and analyzes housing data. http://www.npr.org/blogs/money/2014/01/23/265264740/an-astonishing-share-of-home-buyers-are-paying-all-cash
… (3 comments)
buyers: "Cash is King"
- 01/24/14 12:05 PM
"Cash is King," this is how my manager described those buyers who pay in cash. With the present low inventory of houses across the country, paying in cash by the affluent seems unfair to those availing of financing with a meager down payment.
I am not surprised if this trend continues because the prices of homes are truly bargains when compared to the prices before the housing meltdown. For me, I will buy in CASH next time...................that is, if I win the Lotto. :) http://www.nbcnews.com/business/all-cash-offers-crushing-first-time-homebuyers-2D11980306
San Francisco Bay Area house hunters who have been pounding the pavement to get into a home probably won’t be surprised by this news: Bay Area properties are selling faster than anywhere else in the U.S., according to arecent study by Trulia.
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