The Wall Street Journal has the story. “Seasoned home buyers—people who described themselves as owning a “high-end luxury home”—approach the purchasing process much differently than those venturing into the high-end market for...
Good news for home buyers! Refinancing old mortgages, a huge profit center for banks, is nearly tapped out, reports The Wall Street Journal. So, banks are making it easier for home buyers to borrow. Many banks are now: lending with lower down...
A buyer client recently asked me, “What percentage or dollar amount should I add to the list price so I can figure out how much over asking a home will sell?” If only learning the secret calculation for home sales prices was that easy. The...
The New York Times throws cold water on those who want to buy a home at the top of their budget. Here’s some advice to first time homebuyers: Save for a higher down payment (and bigger equity) rather than rushing in to get a slightly lower...
Some lenders have stepped up efforts to attract lawyers and doctors as borrowers by offering jumbo loans with low down payments, reports the Wall Street Journal. BBVA Compass, mentioned in the article, has expanded their offering to doctors,...
A Hidden Gem: Redwood City, the next hot real estate market Silicon Valley residents are all about the up and coming: the newest innovative technology, happening restaurants and boutique retailers – all part of the appeal of living in the...
We have closed the chapter to an intensely competitive year for buying a home. Now that 2013 is behind us, if you ask most home buyers in this area how they are feeling, they will say: 1) We are exhausted. Trying to buy a house with 5-10 offers per...