How To Deal With a Low Appraisal Result which Complicates Buying or Refinancing in Today’s Market

How To Deal With a Low Appraisal Result which Complicates Buying or Refinancing in Today’s Market

Home appraisals are based on recent sales prices of comparable properties.  In rising price markets, those sales prices might not be high enough to support new home sale prices. Here are some ways sellers can improve their home appraisal results: Make sure the appraiser knows the neighborhood.  Sellers can request that the lender send a…

Just HOW Unaffordable is SF Bay Area Real Estate?

For decades now, the SF Bay Area has been one of the most expensive regions of the US and even “The World”.  Right now, SF Bay Area home prices are at an all time high.  The median price paid for a home in the 9-county SF Bay Area in June was $735,000.   If you only…

The San Francisco Housing Crisis 2014

The San Francisco Housing Crisis 2014

The San Francisco Bay Area has recently seen a new population surge on the heels of surging tech sector job growth.  With the lack of new housing construction to keep up with the pace, housing affordability has plummeted and the Bay Area has renewed its reputation as the U.S.’s least affordable major metro area. According…