Along with the beautiful early spring weather, the Bay Area’s housing market is gradually starting to warm up, too. We’re off to a much more robust and healthy start this year, and it’s not just in the lower price ranges. The mid-to-upper level market is picking up from Silicon Valley through the Peninsula and up [...]
Posts Tagged ‘San Francisco Real Estate’
Sellers Now Have a Short Window of Opportunity
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 [...]
THAT SOUND YOU HEAR IS OPPORTUNITY KNOCKING.
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 [...]
Changes Again for Buyers starting in the Spring
Thanks to Susan O’Driscol of Princeton Capitol for this update today. “The FHA announced changes to its guidelines yesterday. It will raise the minimum down payment required for borrowers with credit rating scores below 580 to 10%, while the down payment for higher-ranked borrowers would stay at 3.5%. The up-front MI premium is also going [...]
Blue Moon Tonight! Check in for the Market Update for 2009 Year Report
Blue Moon tonight will not happen again until New Year’s Eve 2028!!!! Be sure not to miss the second full moon this month. Check back for the year in review and the 2009 complete market report. Happy New Year to everyone.
Monday Morning Market Update – Wk#49 December 14, 2009
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 [...]
Monday Morning Market Update Wk#48 December 7, 2009
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 [...]
Monday Morning Market Update November 30, 2009 Wk#47
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 [...]
Monday Morning Market Update November 23, 2009 Wk#46
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 [...]
Monday Morning Market Update November 9th Wk#45
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 [...]
