Karin Cunningham

Can I really buy a house in the Bay Area for less than $200,000?
September 24, 2008 · Karin Cunningham · 1 Comment

Antioch, Ca. 4 BR, 2 BA, 2 car garage, 8,000 sq ft lot…..$176,000

I’m serious!

 

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Lee Ginsburg

DEAL or NO DEAL
September 23, 2008 · Lee Ginsburg · 3 Comments

Deal or No Deal?

    Everyone’s definition of a “DEAL” is different.

Many of today’s buyers are in the mindset that a “Deal” is purchasing a home below current market value.  What is current market value?  It is the price a willing and capable buyer is willing to pay and a seller is willing to accept.   Below Market sales do not occur in today’s web 2.0 world.  Information is plentiful for both the buyer and the seller.  Properties priced below market value are not kept a secret for long.  Homes listed at below market prices wind up getting multiple offers and sell at the price determined by the bidders which is now the market price.  Many of these people looking for this type of “DEAL” have not purchased anything and may not because they continue to offer below the market price. They are not the only buyer out there.   I recently heard of aproperty with 89 offers. The demand is still very strong. Before the internet many properties were kept a “secret” because it took more time, effort and money to get the information out; so yes purchasing below market value was possible then but not now. Read more

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Michael Monozon

IS THE FED BAIL OUT A GOOD THING FOR THE ECONOMY?
September 21, 2008 · Michael Monozon · 3 Comments

The Media is mixed, the WSJ says……..the NY Times says…….. CNN is sure the bail out will………….

MSNBC believes it  ………………….. What caused the problem? Can it all be blamed on SubPrime loans? Everyone has an opinion, good , bad, now, later, caused by…………? Does the past even matter except to learn from it? If so what should we have learned?

Your Thoughts?

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Roweena Nastor

8 Reasons why you should have a real estate professional on your team
September 18, 2008 · Roweena Nastor · 1 Comment

Most of us do not purchase or sell real estate monthly or yearly but there is much more available from a real estate professional than buying or selling a property. If someone were to ask you, “Do you have a real estate agent?” what would your reply be? Read more

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Lee Ginsburg

Is the Bottom In Sight?
September 18, 2008 · Lee Ginsburg · Comment here

The window is open but could be closing soon.  The window I am speaking about is “The Window of Opportunity”.  In the Bay Area we might be seeing the light at the end of the tunnel.  The bottom might be in sight.  Why am I saying this?  It is economics 101; Supply and Demand.  On the Supply side in the Bay Area we are seeing the Supply stabilize or even decrease in certain areas. Read more

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Shokoofeh Nowbakht

What is TDS?
September 17, 2008 · Shokoofeh Nowbakht · 1 Comment

“

“What is TDS?” my client asked. It is a 3 page Transfer Disclosure Statement which the seller is required by law to fill out. The main purpose is for the sellers to disclose to the buyers anything they know about the condition of the house. Read more

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Julie Cleland

Is Now the Right Time to Buy a Home?
September 16, 2008 · Julie Cleland · Comment here

There are times when the markets may be seen as more favorable to buying property but the question to really ask yourself is, Is now the right time for me to buy a home?

  Read more

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Nicole Machado

Christmas Come Early
September 15, 2008 · Nicole Machado · 1 Comment

Best Present of AllAs we approach the holiday season,  while everyone else is immersed in cooking the Thanksgiving Turkey and getting up at dawn to get those Holiday discounts on the season’s hottest new toy you can take advantage of the season’s best toy… a house! Read more

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