Cheryl Bower's Real Estate Blog

Top 10 Most Expensive

Burlingame Top Ten Most Expensive Luxury Homes

By Cheryl Bower | March 1, 2021

These gorgeous and spacious Burlingame properties are nestled in southern San Mateo County in the San Francisco Bay Area. Styles include Old Spanish, Tudor and ultra modern. You will find that many of these properties are surrounded with lush greenery. Additionally, some are within a comfortable walk to restaurants and award-winning schools. Prices for these…

Read More

What Are the Benefits of a 20% Down Payment?

By Cheryl Bower | March 1, 2021

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want…

Read More
Affordable homes in Burlingame CA

Burlingame’s 10 Most Affordable Homes

By Cheryl Bower | February 28, 2021

Burlingame, CA, which is located in the San Francisco Bay Area, offers an attractive variety of affordable home choices that range from condominium living to cozy suburban single-family houses. One house provides a working and living space if you dream of working out of your home. Prices for these homes start at $918,000 and run…

Read More

It’s a Sellers’ Market [INFOGRAPHIC]

By Cheryl Bower | February 26, 2021

Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat. Let’s connect today if you’re ready…

Read More

Are There Going to Be More Homes to Buy This Year?

By Cheryl Bower | February 25, 2021

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of…

Read More

How Much Leverage Do Today’s House Sellers Have?

By Cheryl Bower | February 24, 2021

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory…

Read More

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

By Cheryl Bower | February 23, 2021

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low…

Read More

Where Have All the Houses Gone?

By Cheryl Bower | February 22, 2021

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage…

Read More

Home Mortgage Rates by Decade [INFOGRAPHIC]

By Cheryl Bower | February 19, 2021

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last…

Read More

Will Low Mortgage Rates Continue through 2021?

By Cheryl Bower | February 18, 2021

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest…

Read More