Posts Tagged ‘Home Values’

You’ve decided to purchase a home and take advantage of the Extended Home Buyer Tax Credit. Here’s what you have to do to get your benefit:

Close on your home purchase between November 7, 2009 and April 30, 2010, or have a binding written contract by April 30, 2010 and close by July 1, 2010.
 Decide whether [...]

Super Bowl Sunday can’t come fast enough for the real estate market.  Historically, this is when the floodgates open and sellers start putting their homes on the market.  Good news for Buyers but not as good for Sellers.  Read what is happening in the Bay Area below.
“What’s happening? First-time buyers are rushing to take advantage [...]

Buyers were out again this weekend and seriously looking with their agents.  This will be the time that will be remembered as having some of the best real estate deals.  Inventory is low due to homes taken off the market as the Holiday Season approaches.
Still a Buyers Market – HALF MOON BAY through MONTARA,CALIFORNIA with just [...]

This weekend the open houses were very well attended.  Lots of new buyers looking to get in on the Tax Credit extention with an April 2010 deadline to enter into a purchase contract.  Maybe we’ll see more buyer anxiety thou it is still looking like a buyers market in the Half Moon Bay communities.  Pacifica [...]

Still a Buyers Market – HALF MOON BAY through MONTARA,CALIFORNIA with just under half of the listings listed at over 1 Million. The Million plus price range is finally seeing activity.
Active Listings-120 Single Family Homes. 52 listed over 1 Million, 15 listed at $900,000 to 1Million.Pending Sales-41 with 11 listed under $600,000 and [...]

The question everyone is asking is, will the government expand, extend or simply let the $8,000 first time home buyer tax credit expire. With just over 50 days left until it is expires, the debate is on and everyone is anxiously awaiting the result.
Whichever side you take on the debate, what you can’t deny [...]

We’re seeing signs that the Coast has hit the bottom of the Real Estate Market.  We are getting some multiple offers on well priced homes in the lower price range.  Investors are looking at the Coast for their second and third homes.  Doesn’t everyone want a Cottage at the beach?  So let’s look at what Rick Turley has [...]

Are you thinking. . . ?
“Maybe now is a good time to move up to a bigger home
in the neighborhood where I want to live…I can take
advantage of the low interest rates and home prices…But, I
won’t get what I want for my current home if I sell now…
So, maybe I should hold out for a [...]

by Rick Turley
Generally speaking the Bay Area real estate market has seen a bit of a bounce this summer with sales increasing in all categories—from the entry level homes and condos to the high-end market. 
National figures showed June with an 11% increase in home sales and the Bay Area seemed to share that trend with [...]

I asked our local property appraiser,  Kathleen Langfelder, about what she considers when assessing a home’s sale value.  Here’s her response:
What does the appraiser really do when appraising your house??  I can’t speak for all appraisers, but most do what I do.  First, I need to measure the house and see what kind of finish materials (hardwood, [...]