Late August 2010 Update In the past week or two, there have been hundreds of sky-is-falling articles in every major media outlet about how home sales drastically slumped in July when compared with June and May, or as compared to July of last year, both nationally and in the Bay Area. And that this indicates [...]

FHA LAUNCHES SHORT REFI OPPORTUNITY FOR UNDERWATER HOMEOWNERS Effort designed to encourage principal write-downs for responsible borrowers WASHINGTON – In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing and Urban Development today provided details on the adjustment to its refinance [...]

Looking to invest in other markets? Let me help you find an agent. Vulture investors: They’re back – and making a bundle By Les Christie, staff writerAugust 5, 2010 NEW YORK (CNNMoney.com) — These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created [...]

National average for a 30-year fixed loan is at 4.49 percent By ALAN ZIBEL Associated Press Mortgage rates dropped to the lowest level on record for the sixth time in seven weeks, offering the most attractive opportunity in decades for those who qualify to refinance or purchase a home. Government-controlled mortgage buyer Freddie Mac said [...]

Rosen Consulting Group Forecasts Overall Positive Year for San Francisco Housing Market

The reports are issued ahead of reports from CAR and NAR and, hopefully, will go a long way to dispelling the notion that the San Francisco residential real estate market is little different than other markets in the country experiencing stagnation and significant price declines.