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What Buyers Need To Know

Will April Showers Bring May Flowers?

Things have undoubtedly been crazy lately, and many of you have been asking about the impact to the housing market in the Bay Area.

Inventory is low, but on the rise. Prices are down, and buyers have increased leverage. As we move towards reopening, I strongly believe that many of these trends will be temporary. The housing market here will stay resilient and, therefore, competition will heat up. If you’re realizing now that you don’t love your home, there is really no better time to buy.

How Much House Can I Afford?

Buying a home is usually the most expensive purchase people make in their lives. It is considered to be a symbol of success which signals to others that you are getting closer to fulfilling the American dream. Knowing that buying a home is a big financial and psychological commitment, finding out how much you can afford should be your #1 priority.

We All Love Disruption Until…

I have a few thoughts (plus some entertainment) to share with you! Like many of you, I have found the reactions and impacts of the Coronavirus to be interesting, particularly those related to Real Estate (go figure…ha!).

As always, if you have questions or would like to chat about your specific situation, I would love to talk to you! I remain very optimistic about real estate as a powerful long term investment option, and I’ll always do everything in my power to get you the latest and most accurate info.

Treasury plans to delay the April 15 tax-filing deadline

Mnuchin said the delay would apply to individuals and small businesses, and that he did not need the approval of Congress to do it. It would be part of a broader package of stimulus the Trump administration is planning, he said in testimony to the House of Representatives Appropriations Committee. He did not specify what the new deadline would be.

What do The Bachelor and Real Estate have in common?

Even if you don’t watch The Bachelor (I stopped watching a few seasons ago), you have probably been victim to Tuesday morning recaps at work. Interestingly enough, buying a home and The Bachelor have a lot in common. Go with me on this. Capture the Opportunity Bachelor cocktail parties are vicious! The girls compete for one-on-one time with …

What do The Bachelor and Real Estate have in common? Read More »

9 ways buyers sabotage their home purchase

There’s been a ton of advice written over the years about things a buyer should not do when embarking on a home purchase.

Running up more debt, buying furniture, traveling the world before closing, taking out a car loan and changing jobs are all big no-nos when it comes to buying. Although many buyers having been counseled appropriately by their agent and lender about what not to do, issues still occur.

What else does a buyer do that can potentially sabotage a home purchase? Here are a few of the lesser-discussed items on the list.

The easy way to save $140,000 on a new home purchase

Buying a house is probably the largest single financial decision people ever make – and it’s a decision that’s made with high frequency each year.

Though these figures have somewhat leveled off in recent years, total home sales continue to hover around 6 million, spurred on by historically low lending rates and the longest economic expansion in U.S. history. It would seemingly look like a great time to buy a house, but that all depends on if you have your credit in order.

What people have all wrong about the “looming recession”

Last year proved to be an unexpectedly good year for housing in general and mortgage companies in particular. Ten years after the end of the financial crisis, low interest rates and strong home-price growth contributed to a banner year, with consumers sitting on record amounts of home equity to tap. But the ten-year mark also spawned a host of predictions for a coming recession, maybe even in 2020. Our economy operates on a cycle, and a full decade of growth seems bound to end with a downturn.

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