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Boomerese Realty

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Tag Archives: Affordability
Current Market Trends: Single Family Home Sales in San Mateo County
I wrote in an earlier blog about the seasonal variations of real estate sales during a calendar year (Trends In Residential Real Estate In San Mateo County). Considering that these seasonal patterns are repeated every year regardless of the overall … Continue reading
Posted in Uncategorized
Tagged Affordability, Bay Area, Home prices, House-hunting, Housing, inflation, Mortgage, Real Estate, Real Estate Sale Trends, San Mateo County
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Accuracy of Web-Based Home-Value Estimates
You can just type the address of a house into certain web sites and get market value estimates for it. Before you rely on these estimates, you need to understand the method behind them and how accurate (or inaccurate) they can … Continue reading
Posted in Uncategorized
Tagged Affordability, appraisal, credit, Finance, Mortgage, Real Estate, Remodeling
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Housing Affordability Highest in a Generation!
According to the National Association of Realtors’ research (http://alturl.com/aoxoj), the housing affordability index is now higher than it has ever been since the 1970’s. The index stands at about 175%, which means that a family with the median-income is earning … Continue reading