The Fed’s second interest rate cut in just over a week really confused me. Instead of being merely aggressive, it appeared a bit desperate. Perhaps, the national economy is faring much worse than I had believed. The problem for home owners and real estate investors is that our perspective is often local. [...]
Interest Rate Cut
January 31st, 2008 · 1 Comment
Tags: Real Estate
Below Market Housing: Buy Low, Sell Low
September 14th, 2007 · No Comments
Would you believe that you can find a place in Palo Alto for under $100,000? Yes, it’s true. Under the Below Market Rate Program, a buyer purchased a 2 bedroom 1-1/2 bath residence for $98,800 back in April 2007. However, to be a qualified buyer, you must meet the Palo Alto Housing [...]
Tags: Real Estate
Location, Location, Location
March 2nd, 2007 · No Comments
The problem with living in a desirable location is that everyone else wants to live there as well. Of course, when you visit open houses on the weekend, everything looks great because you never see the grinding traffic that slows down all surrounding commute lanes during the weekday. So, if you are thinking [...]
Tags: Real Estate
Home Price Comparison
February 27th, 2007 · No Comments
If you are thinking about immigrating to the United States or moving within the United States, you are probably aware that housing prices vary from region to region. Fortunately, Coldwell Banker offers a Home Price Comparison Index, which allows you to see what an equivalent house in 4 different regions will cost. First, set [...]
Tags: Real Estate
Real Estate Investment
November 21st, 2006 · No Comments
One of the basic concepts of economics is scarcity. And, one of the scarcest assets is land, especially in the coastal communities of California. Through outsourcing and international trade, we are now able to tap into an international distribution network of manufactured goods. A factory in China can produce more clothes, more [...]
Tags: Real Estate
Location, Location, Location
November 21st, 2006 · No Comments
A home is more than just a place to live. Purchased wisely, a new home offers its owners a path to financial security. For those wise - or fortunate - enough to own some real estate that has appreciated significantly in value, the benefits of homeownership are self-evident. However, if you’re still hunting for your [...]
Tags: Real Estate