Peter Boutell, Lending a Hand: Homebuyers should take advantage of today’s prices and rates. I have had a few Buyer’s lately ask me if they should wait?I understand the frustration of low inventory and multiple offers but I believe more inventory will come on the market soon. Especially in the mountain areas when people wait [...]
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 [...]
Busy week in Santa Cruz -In 2 multiple offer situations.(aren’t they all?) One very sweet 900 sq. ft. 2 bedroom 2 bath home in Boulder Creek-(San Lorenzo Valley area. I’ll talk about that another time.) 7 offers-.list price 279k – went well over 300k. I know it is over because I have the Buyer. Same [...]
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 [...]
Step One: Incorporate as a bank. This guy did it wrong. Restitution ordered for man convicted of stealing house By JESSICA M. PASKO – Santa Cruz Sentinel, Posted: 02/03/2012 02:06:34 PM PST Photo at right: Raymond Tate (on right), convicted house thief, appearing in court with attorney Steve LeBerge, in 2009. (Shmuel Thaler/Sentinel) SANTA CRUZ [...]
