If you are not a US Citizen trying, it can be a long and difficult road to obtain a mortgage. Many lenders won’t makes mortgages to people who don’t have social security numbers or permanent work stability. For the purposes of getting a mortgage, US Citizens and Permanent Resident Aliens are the same, with one [...]
Noticed some insane data today from the California Association of Realtors. Bay Area median home prices have skyrocketed in the last year. And much of the gains came in the last month. Check out the median prices of existing single family home sales in Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, [...]
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 [...]
It may be a stretch to attribute an architectural movement to a single television show, but Mad Men and the re-emergence of Mid-Century Modern as the design-du-jour may be just such a case. Whether it’s our aspirational image of the stark lines and breathtaking views of Don Draper’s Manhattan penthouse or the funky furniture at [...]
With more home buyers entering the market, competition increasing, driving prices in most pocket areas up, consumers begin to place more emphasis on sustainable payment over time considering they could be paying more for the property than anticipated. Such real estate market conditions are also causing many buyers to switch mortgage loan programs during the [...]
Only in San Francisco would a burned out flophouse with furniture stapled to the façade be considered an official historic resource. And only in San Francisco would a landlord be contemptible enough to let the building rot away to such a degree that the city had to force a sale through eminent domain … for [...]
Reflecting the tight inventory, high demand, and a changing mix of homes for sale, the median price of a bay area home shot up 27% in January. DataQuick reports: A total of 5,501 new and resale houses and condos were sold in the nine-county Bay Area last month. That was down 28.4 percent from 7,688 [...]
