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 [...]
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 [...]
Case-Shiller, the most respected index of home values, just released their July report, which showed continued improvement of home values (though still down significantly from peak values). SocketSite has an extended article describing how the report applies to the SF Metro Area: https://www.socketsite.com/archives/2009/09/july_spcaseshiller_san_francisco_msa_continues_mom_upti.html The new Case Shiller report PDF can be found here: https://www2.standardandpoors.com/spf/pdf/index/CSHomePrice_Release_092955.pdf Remember [...]
I'm not sure how motivating this chart will be to you, but it is fun to take a look at what your money can/or cannot buy in SF real estate. Please keep in mind that this is a selected list of property sales in select neighborhoods. Certainly, properties in every neighborhood vary and you can [...]