The current $7,500 tax credit for first-time buyers has income limits of $95,000 for individuals and $150,000 for couples. Due to our high housing prices, this credit has done little to spur our local market.
It appears the proposed $15,000 credit will not have income limits and will apply to all home purchases - personal residences […]
Entries Tagged as 'Real Estate'
It appears $15,000 tax credit for home purchases may not include income limits.
February 8th, 2009 · No Comments
Tags: Credit Information · Helpful Sites · Real Estate Finance · Real Estate · Inspiration
First-time buyers - this may be your opportunity to buy!
February 6th, 2009 · No Comments
Yes, the economy is weak and yes, we may not have seen the worst.
But if you feel your employment is secure, if you buy within your financial means, and if you wish to make the San Francisco Peninsula your home, this is a good time to buy.
Long-term, I think we can have confidence that the economy […]
Tags: Foreclosures · East Palo Alto real estate · Real Estate · Inspiration
Did you know you can buy real estate with your 401(k) or IRA funds?
January 31st, 2009 · 2 Comments
With real estate values down, there are excellent buys in real estate for long-term investment - both here on the San Francisco Peninsula and elsewhere in the country. I have developed experienced real estate contacts in other areas of the country like Sacramento, San Diego, Phoenix, Dallas/Ft. Worth, Kansas City, Raleigh, NC, and elsewhere.
There are […]
Tags: San Carlos Real Estate · los altos real estate · Redwood City real estate · Sunnyvale Real Estate · Palo Alto Real estate · Real Estate · Investment Real Estate · Menlo Park Real Estate · Inspiration
For South County Real Estate Info, Contact Gretchen
January 2nd, 2009 · No Comments
Gretchen Merrick of Intero Real Estate provides regular and timely real estate market information for South Santa Clara County.
Check it out if you are interested in the communities south of San Jose - halfway to Monterey.
Tags: Real Estate Data · Real Estate
Solid Home Buying Advice for 2009
January 2nd, 2009 · 2 Comments
Luke Mullins from US News wrote a very good article “Top 5 Home-Buying Blunders for 2009“.
Luke gives excellent advice - check it out.
To express his advice in a positive manner, here are my top 5 home buying tips for 2009:
1. Buy for the long-term
I believe over the nexy year or so there will be many […]
Tags: Real Estate
Home sellers use this approach to sell your home !
November 26th, 2008 · No Comments
Like most things in life, what was in vogue many years ago comes back into vogue after many years of being dormant. This applies to clothes, music and real estate !
For the past 6 or 7 years, interest rates have been so attractive, what used to be called “creative financing” has had little play in […]
Tags: Credit Information · Real Estate Finance · Real Estate
Foreclosure opportunities on the San Francisco Peninsula
November 21st, 2008 · 3 Comments
There are areas on the San Francisco Peninsula where there are many foreclosure opportunities currently for sale. Foreclosures can often be found in Redwood City and San Mateo - especially east of El Camino and in East Palo Alto and east Menlo Park.
Excellent buys can be made on homes currently owned by the banks.
Banks do not […]
Tags: Foreclosures · Sub-Prime Mortgage Issue · Real Estate
Palo Alto Real Estate Market October 2008
November 6th, 2008 · No Comments
What is happening in the Palo Alto real estate market during the month of October 2008?
Below you will find a list of all single family homes listed in Palo Alto between October 1, 2008 and October 31, 2008
The average list price of the 54 single family homes listed in Palo Alto between October 1, 2008 […]
Tags: Palo Alto Real estate · New listings · Real Estate
Any homeowner mortgage bail-out will not be fair and will not work!!!
October 15th, 2008 · 7 Comments
I imagine we will hear quite a bit from Obama and McCain tonight about their plans to bail out homeowners who are “under water” - i.e. owe more on their mortgages than the property is worth - and those who can not afford to make the monthly payments required on these mortgages.
While I sympathize with […]
Tags: Pending Legislation · Sub-Prime Mortgage Issue · Real Estate Finance · Real Estate
Menlo Park real estate update
October 8th, 2008 · No Comments
How is the market in Menlo Park? How does it compare to the market in San Carlos?
Here is the data - number of new listings per month compared to number of accepted offers/pending sales per month in Menlo Park, CA for both single family homes and condominiums/townhouses.
Single family homes:
There have been typically 45 to 60 […]
Tags: Menlo Park Real Estate · Real Estate Data · Real Estate