Latest Housing Industry News
Important Things to Know About Buying and/or Owning a TIC property in San Francisco
For those of you who own (or are looking to “Buy”) a TIC (Tenancy In Common) unit in San Francisco, here are some interesting facts to know about them: What IS a TIC? A TIC (Tenancy In Common) property is one where two or more people co-own a single piece of real estate without a “right … [Read More...]
SF Bay Area Home Values Continue Their Rapid Climb
The SF Bay Area Real Estate market continues on its torrid pace this Spring, as fierce Buyer-competition and low mortgage rates continue to drive home prices up to their original peak. The median price paid for a SF Bay Area home recently moved above the half-million-dollar mark for the first time … [Read More...]
How To Take Care of a Rental Property Remotely
Many residents look to invest in properties outside of their state since they are much more affordable. The biggest concern here is how the property can be managed remotely without paying huge property management and leasing fees to a real estate company in that area. Here are some strategies … [Read More...]
A Seller’s Market Prevails Despite San Francisco Bay Area Real Estate Inventory On The Rise
Despite moderately strong sales and median home prices continuing to rise, San Francisco Bay Area Residential Real Estate Inventory rose for the 4th straight month in April and has now seen a cumulative increase of 75% since the beginning of the year. A total of 7,263 new and resale houses and … [Read More...]
The Recent ReFi Mortgage Boom and Its Long Term Impact On the Market
Mortgage refinancing has been a major factor in the Real Estate recovery these past 2 years. Most homeowners have taken advantage of historically low-interest rates through a rate and term refinance. Some have even shortened the length/term of their mortgage while maintaining a lower monthly … [Read More...]
Real Estate Agent Photos and Perceptions. Tips to Increase Your Business with the Right Photo.
Real Estate Agents have been told time and time again putting photos of themselves on their marketing material will increase business. We discovered with the right photo an agent can win business and with the wrong photo an agent can lose business to their competitors. Remember the phrase “perception is everything” Well the phrase definitely [...]
Comparing Canada and United States Housing Finance Systems – Some Interesting Facts
Canadian government does not have a goal of increasing the rate of home ownership. Rather, they encourage the availability of housing across a variety of tenure types – home ownership, rental housing, supportive housing and transitional housing. The housing needs of low-income Canadians are addressed through government assistance programs. In the United States, federal policy [...]
Five Common Mortgage Mistakes To Avoid
The fact that there are many different factors involved in getting a mortgage leaves the door wide open for making mistakes. Some mortgage mistakes won’t really have too negative an impact, while others will cause a lot of expense as the mortgage matures. Here are five common mistakes people make when getting mortgages. 1. Ignoring [...]
Improve Your Chances of Securing a Mortgage – Ways to Do It
One of the biggest financial decisions a lot of people are likely to make is the choice to purchase a home. The reasons may vary from one person to another. Some choose to do it because they want to build equity and gain a big tax break, while for others it is a way to [...]
Top Three Tips For Property Managers And Letting Agents
The purpose of this article is help you to get new tenants more quickly, find higher rents and get a better return on your properties. So without further ado here is a checklist of the things that you should do before the tenant moves in. Finding suitable tenants: Now this might sound obvious but it’s [...]
Life of a Real Estate Agent – If Only This Was True
Don't we all hang out at Starbucks surfing Facebook and Google Plus, telling our families we are pulling listing and comps for a new client. Mother finally feels I made it because I drive a nice car, that is always clean because the big commission I get from leasing apartments such as Trump … [Read More...]