It’s that time of year again, and here’s the one key thing that I, Ed Gory, predict with some level of certainty that will happen this year in real estate news: Predictions on Bay Area real estate will be contradictory That’s right, contradictory. Some articles will point to data showing positive upswings. Other articles will [...]
In perusing the vast swath of RE articles on Alltop, I am always amused/perplexed/stupefied by the contradicting reports on housing predictions. Here’s two examples — which one do you side with? “Experts Say Housing Recovery is Still Years Away” versus “58% of Americans Expect Housing Market to Recover After 2012″ Good heavens! Who’s right here? American [...]
Here at Intero, we have a charitable foundation (the Intero Foundation), fully funded by the agents at Intero, whose goal is to positively impact the well being of children in the communities in which we work, by supporting organizations focused on assisting in their education and personal development. Last Monday, we presented a check for [...]
The SAMCAR Foundation, the philanthropic arm of the San Mateo County Association of REALTORS® – of which yours truly is a member, announced their third quarter 2010 grant recipients recently and awarded three organizations $12,500 in grant monies. The Foundation provided $5000 grants to both Habitat for Humanity and Shelter Network to support the work they do in [...]
There’s a polarizing issue in the Highlands Park neighborhood of San Carlos these days, and it has to do with the potential to install artificial turf at the neighboring park. How does this affect homes and home values? Since everything under the sun has to be disclosed when selling a house, here’s a simplified after-effect of [...]
One of the most critical things when getting your mortgage to purchase a home is the loan contingency. Speaking from recent experience, and understanding the new reality of overly scrutinizing lenders, here are Ed’s must-know things when it comes to loan contingencies: Don’t Take Shortcuts Firstly, please, please, please, for the love of God, work [...]
Ok, so obviously there’s nothing in Les Propheties that I can think of that predicts any real estate market. But if I was Nostradamus, here’s what I’d predict: “ Your local housing market will be one of the following; up, down or the same.” Whoah, Ed….prolific yet prescient. How can you be so sure? Ok, [...]
Ever want to know how many mortgages your lender does, in your area, and what kinds? Well, with much kudos to my preferred B of A mortage loan officer Shaveta Sareen (who can also be reached at 650-358-4874), take a look at this market share data for San Mateo County, from January to June of [...]
( Reposting this from our Intero corporate blog, and authored by our illustrious Gino Blefari). The much talked about American Recovery and Reinvestment Act of 2009 – otherwise known as the “Home buyer tax credit” – expires on December 1, 2009. That’s just a little over three months from now – not much time when [...]
Because the FHA loan is becoming more and more popular in today’s changed market, I’m presenting a quick little article, courtesy of Brandon over at MortgageLoanPlace. So, first off, the FHA (Federal Housing Administration) does not loan a home buyer money; it insures the loan. This means that if the borrower is unable to [...]
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