San Francisco: Portola district home market sales activity

By Cheryl Bower | March 7, 2011

San Francisco: Portola district home market sales activity     The full report for Portola district single family home sales 2010/2011 comparison can be downloaded at the link below. A few highlights include that inventory has come down quite a bit from 2010 to 3.8 months of inventory.  A balanced market is considered 6 months…

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Cost of Living Reaches An All-Time High, Pressures Mortgage Rates Higher

By Cheryl Bower | February 24, 2011

Inflation fears are harming home buyers. The Cost of Living has reached a record level, surpassing the former peak set in July 2008. Mortgage rates would be rising more right now if not for the Middle East unrest.

Related posts:

  1. Mortgage Rates Buck Conventional Wisdom And Rise Despite The Plunging Cost Of Living Index
  2. The Cost Of Living Includes The Cost Of Gas And Food (And May Get More Expensive Through The Winter)
  3. Mortgage Rates Spike On Highest Cost Of Living Index Since 1991
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FHA Loans: Opening Your Doorway to Homeownership in the S.F. Bay Area

By Cheryl Bower | January 27, 2011

During the Great Depression, the federal government sought to create a stable platform for economic growth, and that platform was homeownership. Through bolstering the rate of homeownership, the feds felt citizens would be in a better position to give back to the economy.
With that in mind, in 1934, the Federal Housing Authority (FHA) was established. […]

Related posts:

  1. FHA Home Loans Emerge As A Cheap Alternative For Low-Credit Score Homeowners
  2. An Appetite For Jumbo Loans Returns
  3. How The Recasting of Interest Only Loans Helps With Financial Planning
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Home Supplies Plummet, Home Sales Surge Putting Pressure On Prices To Rise

By Cheryl Bower | January 21, 2011

According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.

Related posts:

  1. Home Supplies Plummet, Putting Pressure On Home Prices To Rise
  2. Home Inventories Plummet, Foreshadowing Higher Prices By Spring 2010
  3. New Home Supplies Plummet, Pressuring Home Prices Higher
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Building Permits Surge In December; Signals A Strong Spring Housing Market

By Cheryl Bower | January 20, 2011

According to theCensus Bureau’s report, Housing Starts of single-family homes fell to 417,000 units on a seasonally-adjusted, annual basis. The figure marks a 9 percent drop-off from November, and is the lowest reading since May 2009.

Related posts:

  1. Housing Permits Spike For The Second Straight Month
  2. Today’s Signal That Home Prices May Have Already Bottomed: Building Permits
  3. Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit Expires
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Latest Issue of Zephyr Real Estate S.F. Market Tracker

By Cheryl Bower | January 16, 2011
Cheryl Bower

Real Estate Update for San Francisco Homebuyers and Sellers courtesy of: Cheryl Bower DRE# 01505551 415.999.3450 cheryl@cbower.com Most Recent Sales citywide in the last 21 days: ****Sign up to the right for MarketTracker Sales Report**** In This Issue… San Francisco Market Overview Construction Update: 1080 Sutter Come Sail Away Your Own Castle to Keep San…

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WEEKLY HOT RATES for the week ending 11/9/2010 as provided by Guarantee Mortgage

By Cheryl Bower | November 13, 2010

WEEKLY HOT RATES for the week ending 11/9/2010 as provided by Guarantee Mortgage Wow!  How low will rates go this year? This will certainly help buyers get into our pricey S.F. real estate market. 30 Yr Fixed Conforming to $417K     4.000% “1.000” POINTS     APR = 4.128% 30 Yr Fixed Jumbo to $729,750.          4.250% “1.000” POINTS     …

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