Mortgage Rates Drop To A 16 Month Low – But For How Long?

Growing concerns about weak economic growth and Fed’s indication of delaying rate hikes, plummeted the mortgage rates to the lowest levels in 16 months. Mortgage Banker’s Association (MBA) reported the decline in rates across the board in its latest weekly mortgage applications survey released today. See the results below. The rates this morning are actually […]

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Bay Area Real Estate Will Remain Red Hot – Here’s Why

Lured by high paying and, dare I say, glamorous tech jobs, Millennials are flocking to California’s Central Coast (San Jose, the Bay Area and Silicon Valley) in droves. In many cases, for many young demographics, Silicon Valley is bigger, better and more glamorous than Hollywood could ever be. As we have discussed many times before, today’s mobile […]

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Mortgage Rates Jump To A Four Month High

Mortgage Rates made the biggest one week jump this year and is now at the highest level in over 4 months. As part of Primary Mortgage Market Survey (PMMS), Freddie Mac reported that the 30 Year Fixed rate is now at the highest levels since May 1, 2014. Based on the survey, below are the average […]

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Does Investing In Real Estate Make Sense Any More?

The talking heads on TV seem to think an overvalued stock market is racing towards an imminent pullback. It’s a logical assessment. With equities appearing overbought, gold dropping in value and bonds yielding little to no return, you might be wondering just where the hell to stick your money. Should real estate be on the table? Investors seem […]

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Are Sellers Too Confident In A Not-So-Hot Market?

Public sentiment generally lags reality on almost everything, especially the housing market. 2009 – 2012 will likely be remembered as the Great Recession by historians. Many homebuyers will recall it more fondly; they will remember it as the time they ignored the media cynicism, seized the opportunity and bought a home – A home that was a steal of […]

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Is the American Dream of Home-ownership, Just a Dream?

The “renter’s nation” is increasingly being used by pundits to describe the US housing market. If you go to the source, middle-class Americans, you’ll get a different story. Despite what you may hear, the myth that we are quickly becoming a “renter’s nation” is just that – a myth. According to Gallup, the numbers clearly suggest […]

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Unlike Shakira’s Hips, Housing Data Can Lie

What difference does a mere $1,000 make on the housing market? Apparently, it makes all the difference in the world. Housing affordability has been a commonly touched subject for us recently. I have written about it several times because it concerns me. I find it to be a disconcerting topic. The housing affordability precipice has also caught the […]

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7 Stupid Things To Avoid When Selling A Home

Home prices continue to move higher in 2014. More and more underwater homeowners – trapped in their negative equity, upside down position for years – have a new choice: they can sell their homes the traditional way. You list the home, you negotiate a deal with a potential buyer and you enter into a contract […]

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[Infographic] Top 25 Elementary Schools in California

Schools play an important factor in home buying decision. Especially if you are planning to start a family or if you already have kids. If you want nothing but the best academic education for your kids, you may like to know about the top schools. Elementary schools fulfills the special needs of student’s life in […]

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[Infographic] The Art and Science of Home Appraisals

On your path to home ownership, finding your dream home is just the start. You need to make sure the loan process goes smoothly and you are able to close your escrow on time. Often, something goes awry and its not uncommon for that “something” to be appraisal. The below infographic goes into the art […]

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