It’s fourth grade in my small life. I have three younger brothers. That year I attended three different schools because my dad was transferred with his company. From Costa Mesa (CA) to San Diego (CA), to La Jolla (CA) (to accommodate a relative coming to live with us), and then up to Daly City [...]
Consumers shopping for a mortgage typically concentrate on attaining lowest possible interest rate. Rates have risen slightly in recent weeks as a more exuberant stock market has taken shape. Current consensus points to more consumers entering the mortgage market, motivated to take action, as a result. Factors At Work The financial markets, jobs data, and [...]
An issue I have run into this week in Santa Cruz area is that 90 day flip rule. Something to remember. It has come up twice for me this last week. It’s very exciting to find a home that has been renovated and is basically “move-in-ready”. Many homes have been purchased by investors and then [...]
Data released today from Case-Shiller showed San Francisco Area home prices up very slightly from July’s 138.37 to a 138.43 in August. Low housing supply continues to push prices higher, but the trend may be weakening. From Standard & Poors: Data through August 2012, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home [...]
