Mar 11th, 2010
by Kathy Rain.
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 [...]
Jan 31st, 2010
by Kathy Rain.
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 [...]
Jan 26th, 2010
by Kathy Rain.
THE HOME BUYER TAX CREDIT HAS BEEN EXTENDED AND EXPANDED.
Current homeowners can now receive a $6,500 tax credit, while first-time buyers are still eligible to receive an $8,000 credit.
But act soon, the opportunity of a lifetime ends April 30th, 2010.
First time Home Buyer Credit has now changed 3 times. The biggest change came in December [...]
Dec 14th, 2009
by Kathy Rain.
Half Moon Bay to Montara had 8 new listings this week with 4 of them listed over $999,000. Total active listings are 104 as the year is winding down to a close. 2 properties went sale pending this last week with one that was listed over a million and the other under $550,000. YTD sales [...]
Dec 7th, 2009
by Kathy Rain.
This past week, our listings all had multiple showings. The open houses this past Sunday were slow. Could have been the weather, the football games or the season. 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 [...]
Nov 24th, 2009
by Kathy Rain.
This weekend the open houses were very well attended once again. Buyers are looking at properties for the second or third time, still trying to make a decision to purchase. Some buyers have lost a few houses they liked due to waiting too long to make an offer before the house got sold. A home that [...]
Oct 26th, 2009
by Kathy Rain.
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-121 Single Family Homes. 52 listed over 1 Million, 15 listed at $900,000 to 1 Million.
Pending Sales-36 with 14 listed under $700,000 [...]
Oct 19th, 2009
by Kathy Rain.
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 [...]
Oct 12th, 2009
by Kathy Rain.
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 [...]
Aug 25th, 2009
by Kathy Rain.
Our trusted lender, Andy Block of Opes Advisors in San Mateo, CA, sent this to us about the final days of the first-time homebuyer credit.
There are only 98 days remaining to take advantage of the $8,000 tax credit for first- time homebuyers. Prime candidates for the homebuyer credit are those who haven’t owned a home [...]