East Bay Real Estate How a Reverse Mortgage for Purchase can help baby boomers The National Association of Realtors (NAR) estimates that baby boomers made up roughly 39%, or 2.32 million, of those homes. If we look at the data from the Federal Housing Administration (FHA), there were 2,063 Home Equity Conversion Mortgage (HECM) for Purchase loans endorsed in 2022 — less than 1/10th of 1% of homes sold last year. Today’s market includes mortgage rates of above […]
East Bay Real Estate Low Inventory – Best time to sell The Best Time To Sell Your House Is When Others Aren’t Selling If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when […]
East Bay Real Estate A Recession Doesn’t Equal A Housing Crisis A Recession Doesn’t Equal a Housing Crisis Facebook Twitter Pinterest LinkedIn Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we […]
East Bay Real Estate Prop 19 – How does it work and who does it benefit?   Prop 19 – How does it work? What would my new taxes be? How does it relate to inherited property? Proposition 19 Fact Sheet.pdf California Proposition 19, which was enacted in 2021, is something that can be very helpful to relocate your home in retirement or when preparing for retirement. It ‘allows homeowners who […]
East Bay Real Estate How Quickly Real Estate Prices Can Change How quickly things can change. When reviewing the median sales prices for detached homes in the cities from Danville to Livermore the numbers jump out at you. The buyers were out in force…and they still are. Housing statistics are often discussed on a year over year basis. The media does it and my real estate […]
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