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Blog Archives: July 2016

NAHB: Home Builder Confidence Slips in June

July 29, 2016
Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June’s reading of 60. June components of the HMI were also lower. Builder confidence in current market conditions dropped by one point to 63; builder confidence in market conditions over the next six months fell three points to a reading of 66. The reading for foot traffic in new single-family developments dropped one point to 55. Readings over 50 indicate that more ...

The 4 Most Common Mortgage Questions, Answered

July 28, 2016
Making the decision to purchase a home is one of the most significant investments most people will make in their life, and this automatically means there are a lot of questions that need to be answered before putting any money down. If you’re considering making the leap, here are some insights into some of the common questions you might have. How Much Should You Put Down? While many homebuyers have the option of putting as little as 3% down in order to purchase a home, there are benefits to saving up for a down payment and putting in 15 or ...

Budget-Friendly DIY Projects That Instantly Boost Curb Appeal

July 27, 2016
We’re told not to judge a book by its cover, but there’s no such rule in the housing market. Curb appeal is the external attractiveness of a home, and if you’re in the market for a house that first impression has a lot to do with your final decision. Alternatively, if you’re looking to sell, it’s an easy area to boost the attractiveness of your home. Essentially, ensure your home is accessible and inviting to make it appeal to potential buyers. It’s like making new friends, and how you’re much more likely to approach someone who is smiling....

4 Reasons Why Your Home Isn’t Selling

July 26, 2016
Selling your house can be hard. Emotionally, because it’s become your home, but also economically. If your home isn’t selling, there are usually specific reasons which means there are ways to amend them and make your home more appealing to potential buyers. Here’s a short list of reasons why your home might be stalling on the market. You Didn’t Spread The Net Wide Enough No longer is it enough for a sign on your front lawn and word of mouth to carry the brunt of your marketing. With the world moving increasingly online, you need to address ...

Tuesday Tour Sheet for July 26, 2016

July 25, 2016
Tuesday tour (aka Broker’s Tour) is not just for brokers anymore – the public is invited and welcome to attend. In fact, it’s one of SF’s best kept real estate secrets. Many of the properties on the tour are open for the first time. For serious buyers, this is a great opportunity to get a sneak peek before the weekend crowds. Plus, many of the open houses are catered – BONUS! Click HERE for a full schedule. I go out just about every week to scope out what’s hot and what’s not, and report back to my clients. For help with San Francisco ...

What’s Ahead For Mortgage Rates This Week – July 25, 2016

July 25, 2016
  Housing Starts, Building Permits Issued Rise Commerce Department reports on housing starts and building permits issued were released Tuesday. Housing starts rose to 1.189 million in June against expectations of 1.165 million starts and May’s downwardly revised reading of 1.135 million starts, Housing starts rose by 4.80 percent on a seasonally-adjusted annual basis. This is good news for housing markets, but analysts said that demand for homes continued to exceed available supplies. Building permits issued also rose in June to 1.53 ...

3 Important Things To Consider Before Listing Your Home on Airbnb

July 22, 2016
Airbnb has become an attractive way for homeowners to make income from their property. Although Airbnb’s is known for its reputable insurance policy, there are a few things you should consider before listing your home online. Time Commitment People have a tendency to think more about what they can gain from hosting on Airbnb than what hosting will do to their life. Having a steady stream of guests is quite a time-consuming endeavor; you’ll have to respond to inquiries online, clean your guest’s space and do laundry after every booking, ...

Evaluating Neighborhoods: 4 Things to Consider Before Purchasing a Home

July 21, 2016
From finding the right agent to discovering the home you can truly feel comfortable in, there are a variety of things involved in the home buying process. However, it’s important not to get caught up in the home and ignore altogether the community you’ll be living in. If you’re planning a move to a new neighborhood, here are some things you should look into before putting in an offer. Local Amenities A peaceful, picturesque community is ideal, but if there are not a lot of resources nearby for your family, it’s possible that your new ...

4 Bathroom Design Trends That Buyers Hate

July 20, 2016
Bathrooms are an essential part of any home, especially when it comes to buying and selling a home. They’re impossible to ignore and one of the first things buyers look at. Despite this, it’s simple for homeowners to forget how important these rooms are. Bathroom decor can quickly go wrong. Little features look big when they’re packed into these small spaces, so minor things like shower curtains or how clean the window is can make a big difference. On the other hand, homeowners are also able to take advantage of how powerful interior design ...

4 Ways to Help Your Mortgage Transaction Close On Time

July 19, 2016
When you’ve finally found the home you’re looking for at the right price, it’s easy to think that the hard part is over; however, there’s still a lot to do in order to ensure your purchase goes through without a hitch. If you’re tying up the loose ends on your home purchase, here are some things you should do to avoid any unnecessary delays. Hire A Legal Professional However much research you may have done in regards to buying a home, there’s still a lot of legal jargon in the closing documents that can be difficult for most people to ...

Tuesday Tour July 19, 2016

July 18, 2016
Tuesday tour (aka Broker’s Tour) is not just for brokers anymore – the public is invited and welcome to attend. In fact, it’s one of SF’s best kept real estate secrets. Many of the properties on the tour are open for the first time. For serious buyers, this is a great opportunity to get a sneak peek before the weekend crowds. Plus, many of the open houses are catered – BONUS! Click HERE for a full schedule. I go out just about every week to scope out what’s hot and what’s not, and report back to my clients. For help with San Francisco ...

What’s Ahead For Mortgage Rates This Week – July 18, 2016

July 18, 2016
Last week’s economic news included reports on inflation, retail sales and weekly readings on mortgage rates and weekly jobless claims. Mortgage rates were mixed with average rate for a 30-year fixed rate mortgage rising by one basis point to 3.42 percent. The average rate for a 15-year mortgage dropped by two basis points to 2.72 percent, and the average rate for a 5/1 adjustable rate mortgage rose six basis points to 2.76 percent. Discount points averaged 0.50 percent for 30-year fixed rate mortgages and 5/1 adjustable rate mortgages and ...

3 Tips for Planning Your Monthly Mortgage Payment

July 15, 2016
Once you’ve purchased a home and decided on a move in date, it may seem like a lot of the hard stuff is over, but you still have one of the most important things relating to such a large purchase to think about: the payments! If you’re looking for a few tips on ways to approach your monthly payment, the following will steer you in the right direction so you can broach your mortgage schedule successfully. Set Up A Payment Schedule Many people have been in the situation of neglecting their phone or credit cards by forgetting about the payment ...

How to Differentiate Your Home from the Neighbors for a Faster Sale

July 14, 2016
When it comes to selling your home, there can be a lot of options on the market, and nothing is quite so competitive as having your house listed right alongside the home of your neighbor. If you’re struggling with how to highlight your home to potential homebuyers, here are some things you can do to ensure it gets the attention it deserves. Engage All The Marketing Options Many people prefer their real estate agent to take care of the heavy lifting when it comes to selling a home, but there’s no reason you can’t go beyond the typical ...

3 Things You Must Do after Inheriting a Home

July 13, 2016
There can be a lot of excitement when it comes to the realization that you’ve inherited a home, but simply because it’s an inheritance doesn’t mean there aren’t a few strings attached. Whether you’re expecting to be gifted with a home in the future or you’re currently going through this process, here are a few things you may need to watch out for. The State Of The Mortgage Once a home has been effectively handed over to you, it’s important to determine the status of the mortgage with the lender and if anything is still owed. While you have ...

How to Design a Modern, Luxurious Home Inside of an Older Piece of Real Estate

July 12, 2016
Newer properties may be infused with built-in designer touches that give them an instant sense of luxury, but older homes may lack many of these built-in features. Whether buying or renovating an older property, many people are interested in learning how to instill modern luxury in older property. The good news is that this is easier than it sounds, and it can be accomplished by following a few simple tips. Make Thoughtful Upgrades It may not be cost-effective or reasonable to upgrade the entire space with an extensive renovation, but ...

Tuesday Tour Sheet for July 12, 2016

July 11, 2016
Tuesday tour (aka Broker’s Tour) is not just for brokers anymore – the public is invited and welcome to attend. In fact, it’s one of SF’s best kept real estate secrets. Many of the properties on the tour are open for the first time. For serious buyers, this is a great opportunity to get a sneak peek before the weekend crowds. Plus, many of the open houses are catered – BONUS! Click HERE for a full schedule. I go out just about every week to scope out what’s hot and what’s not, and report back to my clients. For help with San Francisco ...

What’s Ahead For Mortgage Rates This Week – July 11, 2016

July 11, 2016
Last week’s economic news included minutes from the most recent meeting of the Fed’s Federal Open Market Committee (FOMC) along with several reports on private and public sector employment and the national unemployment rate. Weekly reports on mortgage rates and new jobless claims were also released. FOMC Minutes: Committee Closely Monitoring Economic Developments The minutes of June’s FOMC meeting indicate that Fed policymakers continue to be cautious based on low inflation and close review of domestic and global economic developments....

What Young Buyers Want: 4 Home Must-haves When Selling to Millennials

July 08, 2016
Many millennials are set to flood the real estate market in the coming years to invest in a home of their own, but what is it that this group of young people is looking for in their property? From sizeable kitchens to a sustainable ethos, here are some of the things that will likely appeal to millennials searching for an ideal place of their own to settle. A Suburban Location There’s something to be said for city life, but many millennials are actually flocking to the safety and comfort of the suburbs in the hopes of finding more economical ...

5 Cheap Decor Ideas to Brighten up Your Bathroom

July 07, 2016
Due to their size and the amount of work it can take to renovate them, bathrooms can be one of the least favorite rooms in the house for many people. However, there are little things you can add to instantly improve the look of this space. Instead of ripping out the tub or repainting, consider the following decor items for a much-needed boost. Pick a Plant A plant that can stand the heat of your bathroom is an instant way to add a new and natural element to an old, underappreciated space. With the addition of a deep, rich tone of green that ...

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