What is in the “TRENDS” of California Real Estate?
October 16, 2010 · · 2 Comments

Success in today’s Real Estate Market depends on people, technology, and a competitive edge! As a successful REALTOR®, I have to keep up with the latest information on the California housing market. At the same time, I also feel it is imperative to share this knowledge with my clients and provide with good information so they can make an informed decision when they are ready to make an investment. Let’s take a look at what’s going on in the real estate market now…

Recently, TRENDS Newsletter (published by the Economics Department of The California Association of REALTORS®) issued an article titled “Good for the Buyers and Good for the Economy” that mentioned a few interesting points:

First, the bad news (for the market but not so for the buyers)…      Read more

Lee Ginsburg

Buyer’s Market?
July 22, 2009 · · 4 Comments

Buyer’s Market?  You bet it is.  I will be speaking about the low end of each market area. On the Peninsula and San Francisco we talk about Single Family homes priced under $700,000.  In the East Bay it is below $400,000.  Buyer’s Market yes but not in the traditional way.  Today’s buyer cannot expect to purchase a home for 20% off the list price, but they can expect to purchase a home 30-60% off of 2004 prices.  Today’s buyer cannot expect the seller to take care of all necessary repairs, but the buyer can expect to receive an $8000 Federal Tax Credit and an extra $10,000 State Tax Credit if they are purchasing a brand new home.  Today’s first time buyer cannot expect to be the only offer, but they can expect to receive the lowest interest rates in 40 years.  I think it is just in a different way.  

The Real Estate Market in San Bruno, South San Francisco, Daly City, San Mateo is hot just like the weather. Prices are based on supply and demand.  Demand is strong as all smart people want to take advantage of the buyers market.  By the way the $8000 Federal Tax Credit terminates Nov. 30 of this year.     Read more

Dean Rizzi

Who is the winner in today’s real estate market?
November 6, 2008 · · 3 Comments

The First Time Buyer….

  1. They are buying homes today that don’t have inflated equity…
  2. They don’t have to wait for their home to sell…
  3. They have sellers willing to pay their closing costs and buy-down already good interest rates…
  4. They are in the first “Buyers” Market in nearly 8 years…  Read more