How to Win a Real Estate Bidding War
As the real estate market starts to pick up in many parts of the country, real estate agents from small towns to the big cities are blogging, tweeting, ranting and raving about multiple-offer…
Real Estate Market Trends
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Brendon’s Eye on New York: Are Condos the New Co-Ops?
Unlike San Francisco and most U.S real estate markets, New York real estate is dominated by cooperative apartments, or Co-Ops.Whether you’re a regular Joe or a famous film star, to buy a…
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Lenders Getting Tough Lending on Condo Associations Without Proper “Reserves”
Condo owners usually pay a monthly homeowner’s association (HOA) or maintenance dues. These assessments cover building upkeep, utilities, hazards insurance and fees for a property manager, doorman or managing agent. Most HOAs…
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Three Reasons to Rent Before Buying in a New City
It’s a standard scenario. I’m at an open house, meeting potential buyers and homeowners. In walks a couple just off an airplane from across the country. They’ve taken a great new job…
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Insider’s Guide to Success with Short Sales
Many real estate agents steer their clients away from a short sale because they think they take too long, that their commissions will be lowered, or simply because they don’t know a…
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Chart Showing Average Mortgage Rates Over Past 30 Years
I always like to look at this chart. It shows yearly averages of conforming loan rates for a 30 year fixed loan. For those of us who weren't around to enjoy a 16% interest…
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Should You Consider Listing Your Home During the Holidays?
As the holidays approach, I’m always asked the same questions: Should we keep our property on the real estate market or take it off? Do we list now, wait until after the…
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Home Selling Tips: Creative Ways to Sell a House
What extra steps would you take to sell your home in this market? Display a bowl of oranges in the kitchen? Bury a statue of St. Joseph in the back yard? Serve…
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Whats the rule of thumb for when to refinance a home mortgage
Is there a general rule of thumb for when to refinance a mortgage? In a word, yes. The best time to refi is when rates on 30-year fixed loans are super low…
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Lenders’ mortgage rates today are super low – but not necessarily for everyone
“Mortgage Rates Decline” was the top story on the front page of today’s Wall Street Journal. It’s refreshing to read such positive financial news these days, of course. But homeowners in San Francisco…
