Here is a article just posted by the CALIFORNIA ASSOCIATION OF REALTORS® . Though offered for a limited time, these credits are especially valuable for both first time home buyers and for long time owners that purchase a property that has never been occupied (perhaps a newly constructed condo), that will become their primary residence. You [...]
Last week, Barbara Corcoran, Real Estate Expert for the Today Show cited the top five city home markets which were stabilizing and poised for recovery. She used the following as her criteria for evaluation: - Affordability - Low rate of foreclosures - Appreciation (per the National Association of Realtors) - Strong job market & low unemployment [...]
Each week, the Paragon Market Update Report looks at prices and market dynamics in the different neighborhoods all over the city. Select the neighborhood to access the latest neigborhood details.
For Buyers, interest rates remain near historic lows (with many pundits expecting a jump if the Fed stops buying mortgage bonds on March 31st as planned); the home-buyer tax credits have been extended through April 30th ($6500 to $8000, subject to various conditions); and we appear to be at, near or just past the bottom [...]
The last couple of weeks have shown marked improvement on the actual number of home sales in the city which may indicate that buyers are realizing that this really is a good time to buy. There were 89 single family homes sold in the last two weeks with better than half sold over or at [...]