Tips To Get Your Home Purchase Offer Accepted
Real estate availability may be loosening up, but if you encounter a good buy and want to strengthen your chances of snagging it, here are some tried-and-true tips to remember when presenting your offer: Increase Your Budget: First-time buyers may be looking in a lower price range, which is one of the most competitive markets. …
Read moreAccessory Dwelling Units: Do Your Homework First!
The housing crisis, especially in California, has worsened over the past decade. There is a report that states California is short three million housing units. This accounts for the additional pressure on home and rent prices. To alleviate this disparity some cities are reducing the red tape required to build these attached or detached structures…
Read moreBay Area Second Quarter Home Prices
Except for San Francisco and San Mateo Counties, home prices in the Bay Area remained relatively flat according to data provided by local Multiple Listing Services. Year-over-year prices flatlined across the Bay Area, except in Santa Clara and Sonoma Counties where prices retracted. All four of these counties, however, have reached historically high real estate…
Read moreMultigenerational Homes Are in Greater Demand
In 2018 the Pew Research Center released a report showing that almost 1 in every 5 Americans lives in a multigenerational home. In fact, the numbers of two or more adult family members living under the same roof increased from 26.8 million in 1960 to 64 million in 2016. Why the increase in this type…
Read moreDownsizing Can Be Stressful
Last year a survey conducted by Trulia reported that 60% of Americans living in homes over 2000 square feet, reported that they would prefer a smaller home for their next move. Such a move can prove to be financially and mentally a positive experience, while the actual process can be exhausting. The following tips were…
Read moreDon’t Get Caught Up in the Drama du Jour – Real Estate Stability
Lately, we have seen the financial media spouting fear, uncertainty, drama, and doubt. Wall Street sends us on a roller coaster ride every day, while the Everyman continues to go to work, get the same paycheck, pay the bills and largely tries to ignore all the drama. This explains why investing in Main Street has…
Read moreThinking of Renovating? Buckle up!
Renovations have been known to lead to many unforeseen disasters, but it doesn’t need to be that way. With the proper preparation and due diligence, pretty much anything can be avoided. We have all heard the horror stories of living a totally upended life during a renovation, and of timelines being ignored by professional contractors.…
Read moreFour Things Parents Should Consider Before Buying a Home
Parents shopping for a home have different considerations than other demographics. As parents, their primary concern is the safety and well-being of their children, at the same time, they are also concerned with the happiness of the entire family. Most buyers start their home search with a list of “must-haves”. When children are a…
Read moreThe 2 R’s: Real Estate and Retirement
More and more baby boomers are arriving at retirement age and are facing the question: “To sell or to stay?”. A wise step to take at this juncture is to evaluate your home’s ability to adapt to your retirement needs. Below are some of the factors that a National Board of Realtors have suggested: Affordability:…
Read moreIncrease Your Wealth While Paying Your Mortgage
Home ownership is a unique opportunity to use housing costs to build wealth over time. The NAR (National Association of Realtors) recently published a report which broke down the equity gained from appreciation and principal payments. According to this report, homeowners who purchased their home five years ago realized an 80% gain in appreciation…
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Listen to Owner/Broker of Sun Pacific Mortgage & Real Estate – Forest Tardibuono Guest Talk on “Ask the Expert: The Real Estate Hour With Mike Kelly” on KSRO
