Tag Archives: Oakland Real Estate

The Trump Presidency What Will It Mean for the Housing Market?

A lot has changed since we last wrote. The election is over and Trump is the president elect. No matter your political leanings or beliefs, Trump has laid out some very different ideas and promises that are in contrast to … Continue reading

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How to get help with your down payment

Home buyers throughout California now have access to a new tool that will tell them if they’re eligible for any down-payment assistance programs.   Making sense of the story *Some buyers view coming up with a down payment – the … Continue reading

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It’s safe to sell your home again

  While analysts debate when the housing market will hit bottom, for a surprising number of cities the turnaround has already begun. In December, prices rose in 109 of the 384 metro areas tracked by data firm CoreLogic.   Making … Continue reading

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As home rents head higher, owning regains its appeal

Rising rents, coupled with lower home prices and interest rates near record-lows, are boosting demand for homes at entry-level prices. Making sense of the story Increased buying activity from investors and second-home purchases may be factors behind the recent pickup in … Continue reading

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One in four borrowers is underwater

A recent article in the Wall Street Journal reports that despite recent indicators that the housing market is improving, a new report shows that one in four mortgage borrowers are underwater, meaning they owe more on their mortgage than their … Continue reading

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Mortgage Rates Remain Below 5%

The Sacromento Bee Reports rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage fell to 4.83 percent, down … Continue reading

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First Time Home Buyers Seminar at Bench and Bar in Downtown Oakland

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A Mixed Market For CA Real Estate in 2010

CAR President Jame Liptak recently reported that California’s housing market continued its strong sales rebound this year, resulting from the continued pace of distressed properties coming to market. This follows two years of double-digit sales declines in 2006 and 2007. … Continue reading

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Banks Taking Loan Modifications Further

In an article from the Wall Street Journal, banks and loan investors are starting to bit the bullet and lower the principal due on home mortgages for some borrowers. Loan modifications typically involved only a temporary reduction in the interest … Continue reading

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What every buyer and seller needs to know about appraisals in today’s market

The real estate market in Oakland right now can feel pretty schizophrenic right now. There are homes selling in days with multiple offers and others are sitting languishing on the market. The portion of the market that appears to be … Continue reading

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