Have We Reached the Bottom Yet? August 2012 San Francisco Real Estate Market Snapshot

August 2012 San Francisco Real Estate Market Snapshot  Have We Reached the Bottom Yet? by Randall Kostick, Chief Operating Officer, Zephyr Real Estate   How do you know if the real estate market is on a consistent upward trajectory? There would be no need for economists (or palm … [Read more...]

Rented: 1br Glen Park/Sunnyside Pet Friendly rental w/ garage-$2000/mo

For Rent:  1br Glen Park/Sunnyside Pet Friendly rental w/ garage-$2000/mo         Bright, spacious dog/cat friendly flat $2,000 | Monterey Blvd. x Congo  SF, … [Read more...]

Sunset District. S.F. real estate market trends: Inventory is low, buyer demand is high, median price is up

Sunset District, S.F. real estate market trends: Inventory is low, buyer demand is high, median price is up       Full report:Sunset district real estate market trends_May_31_2012_09_31       Posted by: Cheryl Bower, Realtor CRS, GRI, … [Read more...]

Banks Start To Loosen Up In Underwriting

  After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”. The Federal Reserve conducts a quarterly survey of its member banks and, last quarter, not a single responding bank reported having tightened its mortgage guidelines for prime … [Read more...]

Using a Reverse Mortgage to BUY a home

  The following has been provided by Judy Schwartz, an expert on reverse mortgages:  http://www.reversemortgagesonly.com   Thank you Judy for the great information.   If you'd like to explore if a reverse mortgage is right for you or your parent/s please get in touch … [Read more...]

Is An FHA Mortgage Better Than A Conforming One?

The FHA is insuring a greater percentage of loans than during any time in recent history. In 2006, it insured roughly 5 percent of the purchase mortgage market. Today, it insures one-quarter. ”Going FHA” is more common than ever before — but is it better? The answer — like most things … [Read more...]

The Difference between pre-approval and pre-qualification

For many new homebuyers, the terms pre-qualification and pre-approval seem interchangeable. But they are not — and the distinction is an important one. When you get pre-qualified, I perform a quick check to determine generally how large a home loan you can afford. Essentially, when a buyer is … [Read more...]

Buying a Short Sale — The Need for Speed

Short sales offer not just a lifeline to homeowners in over their heads, but an opportunity for homebuyers seeking an amazing deal. Better yet, thanks to new regulations, the once lengthy process has recently become considerably more streamlined. In a short sale, a homeowner that cannot afford to … [Read more...]

FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011

For the third time in 12 months, the FHA is changing its mortgage insurance costs. Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points. The change will add $250 to an FHA-insured homeowner’s annual … [Read more...]

Cost of Living Reaches An All-Time High, Pressures Mortgage Rates Higher

Mortgage rates are up 0.875% since mid-November, causing home buyer purchasing power to fall more than 10 percent since. Persistent concerns over inflation are a major reason why and this week’s Consumer Price Index did little to quell fears. CPI rose for the third straight month last … [Read more...]

FHA Loans: Opening Your Doorway to Homeownership in the S.F. Bay Area

During the Great Depression, the federal government sought to create a stable platform for economic growth, and that platform was homeownership. Through bolstering the rate of homeownership, the feds felt citizens would be in a better position to give back to the economy. With that in mind, in … [Read more...]

When comparing your insurance premiums, use your discounts!

When comparing your insurance premiums you need to make sure you are looking at the whole picture rather than looking at one mono-policy compared to another. Often the various discounts available through a multiline carrier will make your overall insurance cost less than if you just compared one … [Read more...]

Rich Americans Ditch Home Ownership For Renting: how would you spend $11,000/mo?

Rich Americans Ditch Home Ownership For Renting: How would you spend $11,000/mo? The slot machine investment vehicle approach with real estate has certainly played a large role in our current economic crisis.  It's time to get back to basics as to the why of owning a home since the days of … [Read more...]

Zephyr Real Estate Wins IMA Website Award!

Go Zephyr!! Looks like Zephyr's new website is creating some excitement out there.  I think it's a huge improvement over the prior version, offering video, in depth neighborhood details and market data not to mention more robust property search features.  If you are curious about price trends in … [Read more...]

Latest Issue of Zephyr Real Estate S.F. MarketTracker week of 9/25/2010

Real Estate Update for San Francisco Homebuyers and Sellers courtesy of: Cheryl Bower DRE# 01505551 415.999.3450 cheryl@cbower.com In This Issue… San Francisco Market Overview SF School Boundary Map … [Read more...]