Top 5 Reasons to Buy a House in the Bay Area in 2012
1. Prices are down!
2. Interest rates are a low 4% and below. With interest rates low and prices down, people who have had the same income for the past 2 years can qualify for home loans easier.
3. FHA loans requires only 3.5% down.
4. The Bay Area is the leading real estate market next to New York. There is always a demand for housing here whether it’s San Francisco, San Mateo County, Marin, or East Bay. If you buy in 2012 and hold on to your property you may prosper in the years to come!
5. It’s a great rental market! If your desire has always been to invest, you won’t have trouble finding renters in 2012.
Karin Cunningham
www.KarinCunningham.com
www.FaceBook.com/SanBrunoLife
650-438-3504
Energy Rebate in San Bruno Up To $17,000 Per Household!
Get an inspection and see if your home qualifies for up to $17,000 in energy rebates. This is a San Bruno City and San Mateo County package funded by Energy Upgrade California. The program ends March 31, 2012 so make your reservation today to join us!
Save Money, Save Energy with Energy Upgrade California
- Air Sealing
- Tank-less Hot Water
- Insulation
- Solar Hot Water
- Heating & AC
- Windows & Doors
- Fireplace
- Solar & Roofing
Thursday November 10th 6:30pm-8:00pm San Bruno Home Owner Workshop Prudential California Realty 180 El Camino Real, San Bruno 94066 R.S.V.P. today! Call 650-989-1220 or register online:
To search for homes www.KarinCunningham.com
For San Bruno community events and activities www.Facebook.com/SanBrunoLife
San Bruno Posy Parade 2011 Celebrates a “City with a Heart”
FREE Summer Activities in San Francisco and the Peninsula
Summertime is almost here and that means school’s out! Yay! I have the opportunity this year to spend a good portion of the summer with my 11 and 7 year old kids. I am really looking forward to it! First, I looked into local summer day camps and they charge around $140. per week! Are you kidding me? The Junior Giants program filled up in an hour. Even the waiting list is full! So, I am in the process of creating a list of fun, FREE, or super cheap things to do nearby for us to enjoy. Once I get the list compiled, I am going to put them on the calendar just like I do in my real estate business, otherwise they may not get done! Ha! I don’t want to end up in front of the tv or lounging around ALL summer now! SO, here is what I have so far and I can’t wait! Read more
10 Reasons To Buy Bay Area Real Estate in 2011
With the worst behind us, the real estate industry is already picking up steam in 2011. Bay Area real estate inventory is already growing, prices are lower, and the interest rates couldn’t be better!
1. People who want to sell, including banks, wait until after the holidays to go to market. We are seeing inventory grow everyday in the Bay Area so far since January 1st.
2. If you want to live in a particular city or neighborhood, there is probably something there waiting for you! Go to www.KarinCunningham.com to search for a home anywhere in the Bay Area!
3. Foreclosures are available in most mid to lower price ranges. When purchased, the monthly mortgage could easily be equal or less than what you pay in rent. Estimate: $400,000 home price with $14,000 down=$2,000 monthly payment (not including tax and insurance).
4. A lot of people need tax write-offs. There are a lot of write-offs when you own a home such as interest and improvements. Owning a home can actually save you money!
5. Prop 60 and 90 allows homeowners to sell their homes and transfer their original property taxes to the next home that they buy as long as it’s an equal or lower value. San Mateo and Santa Clara both participate in this. Check out this link for more counties and detailed information http://www.wwlaw.com/prop60.htm
Read more
Is There a Prudential Real Estate Office at the Shops at Tanforan, San Bruno?
At the Shops at Tanforan, San Bruno, Ca., our Prudential California Realty, San Bruno office has a kiosk where 1,00′s of people pass by each day. We display a lot of our residential listings for sale in cities from San Francisco to San Jose, even some in the East Bay! We provide information on qualifying for a loan, current interest rates and payment scenarios to people interested in purchasing a home. We can also show local homeowners the current market value of their homes or rental property!
The success at our kiosk also works as a great real estate market activity indicator. In the recent months, our agents have made contact with more inquisitive home buyers than in the months before. As a market indicator, it would seem that more people are out there buying. Our sales are steady and the flow of people through the mall is constant!
With the holidays here, the Shops at Tanforan have been doing a lot of promoting for their stores with the Shops at Tanforan Facebook page, newspaper ads, the My School’s Cool receipt program, Santa photos, cultural dance performances and radio shows!
No wonder our Prudential San Bruno kiosk does so well! Next time you are at the mall, stop by and see us! We’re happy to be your friends in real estate! You can also visit us at our Prudential San Bruno Facebook page!
Karin Cunningham
What is the perfect house warming gift…from your Realtor?
I recently had the opportunity to represent two separate couples, no children, who purchased remodeled homes in the Bay Area. It’s been a pretty continuous trend of mine to represent people who are purchasing homes that require a lot of work. Bay Area homes are old, what can I say. This is not the case this time!
There is no need for Home Depot gift cards. Probably not a Lowe’s gift card either. I don’t want to give a basket with cleaning supplies and candy because they have all of that already! Wine and cheese, maybe? Gift certificate to a fancy restaraunt, maybe? I’m just not sure! I’m looking for suggestions! Thank you!
Funny Real Estate Jargon
"Great starter home"
Have you ever looked at a real estate ad and wondered if they were exagerating a little bit? Here are some funny descriptions and translations of some ads that makes one wonder….
Cute- small
Cozy- see cute
Charming-see cute, cozy then throw in “old”
Good starter- fixer upper
Old World Charm- OLD
Period details- OLD
Close to transportation- noisy trains and busses nearby
Low maintnance yard- no grass, no flowers, no trees Read more
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