$8000 Tax Credit :: Expires in 70 Days!

Posted In: First Time Home Buyers, For Buyers, General Real Estate News, Mortgage & Finance, Taxes
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Are you taking full advantage of the Goverment Stimulus Programs for Homeowners?  Did you know that the $8000 tax credit will expire in 70 days?  When you consider that the average transaction takes between 25 and 30 days that means you only have roughly 45 days to locate and get into contract on your house. Did you know that rates [...]

How Much Have Prices Dropped?

Posted In: Albany, Berkeley, El Cerrito, General Real Estate News, Local Market Statistics, Oakland, Richmond
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One of the biggest questions I get lately is “how much have prices goine down?”  This is pretty easy to answer.  If you look at the statistical date from the height of the market (2006 – 2007) and compare it to today’s numbers you will see that Richmond has taken the biggest hit, primarily because of foreclosures.  Because of the [...]

Foreclosure Workshop

Posted In: Foreclosures & Short Sales
If you are behind in your mortgage payments, or headed in that direction, you have options.  The NID Housing Counseling Agency is offering free Housing Counseling Clinics for homeowners having difficutly maintaining their monthly mortgage payements because of: -Property Value Decline/Can’t Refinance -Situations beyond your control -Increased Mortgage Payment -Adjustable Rate Mortgage -Loss of income/job -B a n k r [...]

The Bay Area in 2035

Posted In: Economy, General Real Estate News
A recent report in the Contra Costa Times (Friday, Sept. 4, 2009) shows some big news for those of us still living in the Bay Area in 25 years: “We will need to find room to build more than 635,000 homes in the next 25 years to accommodate an additional 1.7 million people.” Hmmmm.  And how does one propose we do [...]