Adam Chinn

How much under the list price can I offer?

May 21, 2009 · Adam Chinn · 6 Comments

This is a question I am asked quite often.  Many people get their real estate news from what they hear on the radio, watch on tv, or read in newspapers.  What many do not do is actually speak to the people who are in the business and have up to date information on the current market.  Although I encourage my clients to ask any questions that comes to mind, it is my job and responsibility to explain to them what I have experienced in the market and where I think it will go from here.  Of course, I can not predict the future, but if the facts are studied, trends can be found.   I feel it is very important that I educate my clients on the current market, so that we can work together to accomplish the common goal. Read more

Bookmark and Share
Lee Ginsburg

Bay Area Real Estate’s – Perfect Storm

December 10, 2008 · Lee Ginsburg · 6 Comments

Perfect Storm = Low Interest Rates, Low Prices, and Lower Inventory.

We have all the ingredients. 

If you have been waiting for prices to stabilize you are on the cusp of being late. 

Homes in Daly City, San Bruno, San Mateo, San Francisco and South San Francisco are selling.  To keep up with the demand Bank of America is falling behind on appraisals and is hiring outside appraisers.  I spoke to a termite inspector yesterday.  He had 5 inspections scheduled for the day.  Need I say we did not speak long.  There is a buzz in my office.  Conference rooms are filled with buyer’s consultations.  Banks dealing with short sales are moving faster and be more aggressively.  If you are a first time home buyer or a seasoned investor; jump in, the buying is great.  It is a PERFECT STORM for you.  Low Prices, Low Interest Rates and Lower Inventory.  Getting a Loan in not impossible  
http://www.pruvoices.com/2008/12/gettin-a-loan-is-not-impossible/  

If you are busy with the holidays maybe meet with me (877-Lee Sells) or your favorite realtor just to get updated on the market so you are ready to take advantage of the Best Buyer’s Market in 30 Years come January. 

 www.leesellsmore.com 
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/11/30/RE8014CT0J.DTL

Bookmark and Share
Burt Tsuei

Has Daly City Seen the Bottom?

November 16, 2008 · Burt Tsuei · 7 Comments

No other city in San Mateo County has seen a greater depreciation in home value in the last year than Daly City.  Back in September 2007, the average sales price of Daly City was $730,000, as compared to $565,000 in September 2008.  This is a depreciation of almost 23%.  The most common question is whether or not this is the bottom of the market.  In this blog, I will share with you my expert opinion, as to why the bottom has come to Daly City, and this might be your last chance to get a great value. Read more

Bookmark and Share