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Latest News

30-year mortgage rates drop to 4.93% What does this mean for Bay Area Real Estate.

30-year mortgage rates drop to 4.93% What does this mean for Bay Area Real Estate.

February 22, 2010 Latest News
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The following Oakland Tribune article reports on a drop in mortgage rates for 30 year fixed rate mortgages to under 5%. This drop is in spite of the recent Federal Reserve Board policy change for trading Mortgage Backed Securities.

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Is it a Good Time to Sell Danville Real Estate?

Is it a Good Time to Sell Danville Real Estate?

February 18, 2010 Danville

In the following video I discuss the current Danville Real Estate market as of Feb. 17, 2010. We have seen the market move from a pure buyers market to a sellers market over the last year.

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Citi to let distressed homeowners stay for 6 mos. What does this mean for East Bay Foreclosures?

Citi to let distressed homeowners stay for 6 mos. What does this mean for East Bay Foreclosures?

February 12, 2010 Latest News
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In a recent San Francisco Chronicle article it was reported that CitiBank will be establishing a pilot program which will allow homeowners to stay in their homes for up to 6 months after they deed the home back to the bank.

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Homebuilders of East Bay Real estate hope boomers beat path to their door again

Homebuilders of East Bay Real estate hope boomers beat path to their door again

February 9, 2010 Latest News
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I am interested in the following San Jose Mercury News Article because it points out a situation that may be more wishful thinking than fact. The article discusses a hope of New Home builders that Baby Boomers will sell their existing homes and will be scaling down.

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FHA revises anti-flipping rule, Will this Help EastBay Buyers and Sellers

FHA revises anti-flipping rule, Will this Help EastBay Buyers and Sellers

February 6, 2010 Latest News
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We have seen many home purchases fall by the way side over the last year as a result of an “Anti-Flipping” rule that the FHA initiated. The attached article from the Los Angeles Times reports the recent FHA change in this rule.

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State homebuyer tax credit sought again. Will this affect Danville Real Estate?

State homebuyer tax credit sought again. Will this affect Danville Real Estate?

February 4, 2010 Latest News
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Are we in line for another First Time Home Buyer Tax Credit from the state? The following Contra Costa Times article discusses a proposed First Time Home Buyer Tax Credit.

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New rule affects homeowners in foreclosure avoidance program

New rule affects homeowners in foreclosure avoidance program

February 2, 2010 Latest News

The following Los Angeles Times article discusses a recent change to the Loan Modification process which must be put into affect by June 1.

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East Bay Area home prices and sales rising

East Bay Area home prices and sales rising

January 27, 2010 Latest News
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The following Oakland Tribune article discusses the Bay Area residential real estate market and the fact the home prices, and in most counties sales as a whole, have increased 3 months in a row and the median price is over 15% higher than last year.

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What is Going on in the East Bay Real Estate Market?

What is Going on in the East Bay Real Estate Market?

January 22, 2010 Latest News

The real estate market in the East Bay Area of California and specifically Danville Real Estate, San Ramon Real Estate, and Alamo Real Estate we are seeing a market that is still very similar to the Q4/2009 market.

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Alameda County gets $11 million to help neighborhoods

Alameda County gets $11 million to help neighborhoods

January 19, 2010 Latest News

The attached Contra Costa Times article details the facts around an $11 million dollar fund to be used for buying foreclosed and abandoned homes, refurbishing and in some cases renting these Alameda county homes to low income families.

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