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This blog is about buying, selling, and building safe & sound homes in the San Francisco Bay Area. Please make comments, ask questions, and suggest topics for making it a valuable source for everyone.
Boomerese Realty
Tag Archives: Mortgage
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
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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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Energy costs to impact appraised home values and mortgage qualification standards
According to an L. A. Times article, a recently introduced bill will require Fannie Mae, Freddie Mac, and FHA to consider energy costs of homes when underwriting loans. It will also require home appraisals to account for the energy efficiency of … Continue reading
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
New Rules for Mortgage Brokers
I think you will feel better with the new rules about working through mortgage brokers. Read here for yourself about the new rules: http://www.nytimes.com/2011/02/20/realestate/20mort.html?_r=2&ref=realestate
Do you pay your rent on time?
Experian says it will include rent payments in its credit reports. Is it good news? You be the judge. For the first-time home-buyers who have paid their rents on time, this is supposed to be good news. For those who … Continue reading
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