May 2010

There are 8 blog entries for May 2010.

Upcoming listings:
$2,149,000 // Mission Dolores // Lapidge BR/BA: 4/4 PKG: 2 Brief Description: Very special 1950’s SFH w/gracious scale & awesome kit & public rms for entertaining, family rm, decks/garden, bonus rms

$1,039,000 //Eureka Valley // Yukon BR/BA: 3/2 PKG: 2 Brief Description: Very cute, sunny 2-level home with deck & garden adjacent to Kite Hill!

$859,000 // Noe Valley //Cesar Chavez BR/BA: 2/2 PKG: 1 Brief Description: Lovely spacious condo with amazing south facing garden – tons of storage – huge garage.

$829,000 //Pacific Heights // Pacific BR/BA: 2/1.5 PKG: 0 Brief Description: 1500 sq.ft in trad. Pac Hts bldg; updated kitchen, tenants

$675,000 // Cathedral Hill // Cleary Ct BR/BA: 3/2 PKG: 1 Brief Description:

1,655 Views, 0 Comments.

Rates on mortgage loans up to $417k and up to $729k are tied to trading in “agency” mortgage-backed bonds—meaning bonds issued by Fannie Mae, Freddie Mac, and Ginnie Mae. So while many look to the 10yr Treasury Note for clues on mortgage rates, they should be looking at mortgage bonds. And specifically, there are different duration mortgage bonds to watch during different times in the market to predict what rates might do, and how to properly lock a rate at the best time.

Prices on agency mortgage bonds have been slightly abnormal lately, so we have to look at the security price difference between a 4% and a 4.5% security to see what’s going on. Historically, on average, price differences between .125% for a 30-yr mortgage is about .5 in price, or 2

1,949 Views, 0 Comments.

77 Van Ness Aveue #702
San Francisco, CA 94102

Offered at $399,000

Features:
Bedrooms: 0
Bathrooms: 1
Parking: 1

Neighborhood: Van Ness/Civic Center
Property Type: Condo
Google Map
  • Hayes Valley
  • New Construction
  • Floor -to -Ceiling Windows
  • In-Unit Laundry
  • Transit Friendly
Description:
Sophisticated studio in recently completed 77 Van Ness! With exceptional natural light and stunning architectural features at your finger tips, this home features generous space and one car parking. The in unit`` laundry and large closet make for a wonderful home. Your home is also steps from public transit as well as nestled near the heart of Hayes Valley.

Please visit: www.77VanNessStudio.com


Leslie Bauer
DRE# 1800943
1400 Van Ness…
1,678 Views, 0 Comments.

Real Estate is a Local Business

May 27, 2010

 

We’ve all read about trends in mortgage rates, national home price trends, and many more economic indicators that influence the real estate markets.  As it serves us all, consumers and professionals, to keep up with this information, we all need to remember that, ultimately, real estate is a local business.  Each market is influenced by local industry, job growth and relocation, vacation or second home draw as well as many other potential features produced by specific areas. 

 

The Dallas area is a very popular region in regards to real estate, both commercial and residential.  The addition of new businesses and the relocation of businesses to Dallas have exponentially increased the number of

2,429 Views, 0 Comments.

By STEVE BROWN / The Dallas Morning News
stevebrown@dallasnews.com

Paul Pinsukanjana thinks he timed his Park Cities home purchase pretty well.

He just sold his Katy Trail townhouse in Dallas to a buyer who used the federal housing tax credit.

And with home costs in the Park Cities area at the lowest level in five years, he thinks he made a good buy.

"The prices have come down some – that was a reason," said Pinsukanjana, who has a house on Mockingbird Lane under contract. "And I could see that it was a good time to sell our old place."

Also important, the effects of the economic crash seem to be fading.

"I think the economy is picking up," said Pinsukanjana, who works at a Richardson high-tech firm. "My company is actually hiring

2,204 Views, 0 Comments.

What is there to do in Denver this summer?  With so many endless possibilities in Denver and the mountains, it can sometimes be hard to figure out what to do.  So what is better than a quick and easy list of local events, especially when the events are free!  For a full list of everything to do from art shows, to festivals, to concerts to day trips, click here and have fun!

3,234 Views, 0 Comments.

Uptown Market Report - Denver Colorado Real Estate

Listing price – North Capitol Hill

The median sales price for homes in Uptown, Denver for Jan 10 to Mar 10 was $259,000 based on 14 sales. Compared to the same period one year ago, the median sales price increased 0.5%, or $1,250, and the number of sales increased 75%. Average price per square foot for Uptown was $188, a decrease of 24.2% compared to the same period last year.

There are currently 73 resale and new homes in Uptown, including 26 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Uptown was $466,040 for the week ending Apr 28, which represents a decrease of 1.9%, or $9,079, compared to the prior week. 

2,616 Views, 0 Comments.

HOW LENDERS CREATE RATE SHEETS
Zero-point rates on loans up to $729k held at record lows for the second week last week even though mortgage bond levels might suggest rates would have dropped further. Jumbos also held steady at very attractive levels. Mortgage bonds benefitted as the EU/IMF’s $140b Greece bailout caused investors to sell European debt and buy more conservative U.S. mortgage and Treasury bonds. When bond prices rise on these buying rallies, rates drop.

But it’s not actual mortgage rates that drop when mortgage bond prices rally, it’s mortgage bond yields (the rate of return on those bonds) that drop. Then lenders re-price mortgage rate sheets based on those lower yields. This lowering of mortgage rates didn’t happen to quite the extent

1,528 Views, 0 Comments.