MORTGAGE WEEK UPDATE We’ve lost a little bit of ground in interest rates today after the Government reported that 2nd Quarter GDP slowed to a tepid 1.5% and Consumer Sentiment fell to its lowest level of the year. You would think this news would spur bond sales and decrease interest rates but that was not…
Monthly Archives: July 2012
Financing Aging-in-place Upgrades
Did you know that today close to one out of every four Marin County residents is a person age 60 or older? Marin’s population is aging. At 44.5 years, Marin’s median age is the highest in the Bay Area and the 14th highest in California. Demographic data from the Census Bureau from the 2010 count…
Drought Tolerant Gardens Help Trim Your Water Bill
Have you been unhappy with your water bill lately? Of late we have all noticed that water is not getting any cheaper in Marin County: if we save water the rates go up, and if we use more water the rates go up! And unfortunetely that’s a conundrum that’s not likely to go away in the…
Marin County Real Estate Market Update – June 2012
It’s pretty typical for real estate sales to taper off in Marin County in the summer months. Most folks are either preparing, or have left for, their yearly family vacation. But this year I am still feeling a lot of energy in the market and activity has remained brisk. HALF YEAR CHECK UP What a…
Mortgage Market Week in Review – July 20, 2012
MARKET WEEK IN REVIEW This week Ben Bernanke’s testimony to congress was uneventful in so far as he gave no hint of a third round of quantitative easing but stay tuned; we think it’s coming and rates will move up when and if it does (remember the market buys on rumors and sells on the…
Mortgage Market Week in Review – July 13, 2012
MARKET WEEK IN REVIEW Last week the central banks of China, England, Denmark, and India all eased interest rates in response to what is believed to be a global economic slowdown and last night Brazil, Korea, and Japan followed suit. This news combined with the release of the Fed’s latest minutes are helping keep interest…
Revisiting Housing Market Predictions For 2012
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?
Home Purchasing Power Reaches New Highs in Marin County
With mortgage rates down to all-time lows, you can buy a lot more home for your money these days. Home affordability is at an all-time high.
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