Is the bay rising with all the people ‘underwater’

by Mark Buford March 18, 2010 Cities & County

Who are drowning?

per an article in the online version of the San Francisco Examiner, there are an astounding number of people ‘underwater’. What does ‘underwater’ mean? It mean the home owner owes more on their loan then the home is worth. In Santa Clara County alone, 21% of all home owners who have loans, own …

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Is it Time to look again at Interest Rates?

by Mark Buford March 15, 2010 Interest Rates

REmember to RE-finance

Interest Rates have been so low in the Sunnyvale real estate market, as well as the nation, I’ve taken it for granted that everyone who could re-finance, would have. Per the Wall Street Journal, about 37% of homeowners have mortgages of 6% or higher per the article in the Journal. The 30 …

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An Argument to Buy

by Mark Buford March 11, 2010 Foreclosure

Only the Facts

A story came out the is relevant to Sunnyvale Real Estate that originated from the CNN website (Actually CNN money) where they site the following factors as reasons that it may be the right time to buy.

- Affordable home prices

- Low interest rates

- The Federal Tax Credit

- Real estate punditsĀ  believe that most …

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Why People Are Selling

by Mark Buford March 8, 2010 Foreclosure

Damaged Merchandise

Data compiled by the California Association Of Realtors (CAR) shows that 80% of the people interviewed who sold a home in California in 2009 did so because of financial difficulties (Fig 1). To try to understand how this translates locally, Sellers of Sunnyvale Real Estate had % REO or short sell as the reason …

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More on the Tax Credit for people interested in Sunnyvale Real Estate

by Mark Buford March 4, 2010 Sellers

Speculating with data

In my last posting, I commented on an article about waiting out the tax credit. As an update, it appears that for most of the country home sales have been flat, if you take out the effects of the tax credit. This is the assessment from an article in the wall street journal.

What …

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To Use or Not To Use (Tax Credit that is)

by Mark Buford March 2, 2010 Financing/Mortgage

Are You Smarter NOT to use the Tax Credit?

With the first time home buyer Federal tax credit set to expire April 30, 2010 (Offer has to be accepted by then), it seems obvious to rush out an make an offer. Not so fast. The Wall Street Journal is givng an alternative to contempleate. In that …

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Sunnyvale Real Estate Earns Bronze!!!!

by Mark Buford February 25, 2010 How's The Market

Sunnyvale Real Estate is # 3 in the country for rising home prices

Forbes Magazine listed Sunnyvale Real Estate as the city with the 3rd fastest rise in home prices in the nation. With a median price of $800,604 there has been a 32% price jump from last year. This is a phenomenal number in these …

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Keep Your Sunnyvale Real Estate Values At Their Maximum

by Mark Buford February 18, 2010 Sunnyvale

NAR helps Sunnyvale Real Estate Homeowners increase their home values

Okay, the site is for all home owners, though I am only concerned with what helps the Sunnyvale real Estate Market. NAR, the National Association of Realtors, lauched a new site called HouseLogic, which guides homeowners to the best practices of protecting and maintaining their homes …

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Is it ‘sit on the sidelines’ time for Sunnyvale Real Estate?

by Mark Buford February 16, 2010 Sellers

Just like stocks, a double dip for Sunnyvale Real Estate?

The SJ Mercury notes homes for sale in Sunnyvale & SCC are dropping per Zillow.com. The article states the latest data shows home sales prices are dropping in Santa Clara County after months of being on an uptrend. What does this mean if you are thinking …

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Some short sale info for Sunnyvale Real Estate

by Mark Buford February 11, 2010 Short Sell

1031 INVESTOR WORRIED ABOUT A SHORT SELL???

Because Sunnyvale real estate is one of the best places to live in the world (unbiased opinion), many people thought is was wise to purchase income properties in the area. Unfortunately, the bubble burst and there are a number of people who owe more than they can sell their …

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