member364276's Blog
member364276 Description:
I have 25 years experience in finance of which 18 years were spent in Caliornia real estate. I am a Santa Cruz real estate broker, owner or Authentic Real Estate (http://www.authenticre.com) blogging to help locals stay in touch with the real estate industry. I specialize with short sales, foreclosure sales and first time homebuyers.

Mar 28

Real Estate Investing: Risks VS Rewards

Published in Santa Cruz Real EstateCalifornia Economics by member364276 | Comment (0)

With limited knowledge that the real estate market has tanked over the last several years, you might be hesitant to pull the trigger to make what should be an excellent investment today. With some fortitude and patience, today is likely the best opportunity you’ll have in your lifetime to make a hefty profit from a real estate investment.

Generally, your

Mar 28

Real Estate Investing: Risks VS Rewards

Published in Santa Cruz Real EstateCalifornia Economics by member364276 | Comment (0)

With limited knowledge that the real estate market has tanked over the last several years, you might be hesitant to pull the trigger to make what should be an excellent investment today. With some fortitude and patience, today is likely the best opportunity you’ll have in your lifetime to make a hefty profit from a real estate investment.

Generally, your

Mar 12

California Real Estate: Not So Distressed

Published in Real Estate by member364276 | Comment (0)

Vastly improved home prices over the past five years have changed the landscape of California's distressed housing market, which is now just a fraction of what it was during the Great Recession, the California Association of Realtors said today.

In January 2009, 69.5 percent of all homes sold in California were distressed, which includes short sales and

Feb 19

Rising Rents Keep California Affordability Low

Published in Santa Cruz Real EstateSanta CruzReal Estate by member364276 | Comment (0)

A combination of rising rents and falling government aid for affordable housing has dealt a blow to California's lower-income residents, according to a new study. Nearly 1 million extremely-low-income California households lack affordable, habitable homes, a need most pronounced in Southern California, a report released Tuesday found.

The foreclosure crisis
Feb 05

Monterey County Real Estate Retuns to the Fundamentals

Published in Real Estate by member364276 | Comment (0)
Jan 14

2014 Will Be the Year to Sell Your Home!

Published in Santa Cruz Real EstateReal EstateCalifornia Economics by member364276 | Comment (0)

 

Patience seems to have paid off for those who’ve postponed putting their homes on the market until this year, real estate analysts say. They stand to pocket the kind of profits not seen since the housing boom.

Prices surged more than 10% in many markets last year, bidding wars are once again common, and homes are routinely going for well over the asking

Jan 09

Is Now a Good Time to Sell?

Published in Westside Santa Cruz Real EstateSanta Cruz Real EstateReal Estate by member364276 | Comment (0)



The housing market’s recovery has been shoring up the U.S. economy, but it is still challenging for homebuyers, according to real estate market trends tracked by a new survey conducted by real estate brokerage Redfin.


Now is an advantageous time to sell, say two-thirds (65 percent) of 468 Redfin agents surveyed in the fourth quarter. This is down from 72

Jan 03

Looking Into the 2014 Crystal Ball

Published in Santa Cruz Real Estate by member364276 | Comment (0)

 

Home prices got off dead center as early as February, and climbed like the California Screamin’ roller coaster ride at Disney California Adventure Park. Unpredicted price escalation took hold for the rest of the year.

 

Foreclosure filings took a steep fall. The market rumbled toward recovery, despite pinched inventory and hairpin turns.

 

Thanks to the

Dec 27

California Short Sales Get Extended Relief

Published in Real Estate by member364276 | Comment (0)

 

Distressed California homeowners can breathe a sigh of relief.

Those who decide to short sale their home — or sell it for less than is owed to the lender — don’t have to pay state tax on the mortgage debt.

 In January, Congress extended the federal Mortgage Forgiveness Debt Relief Act of 2007 giving thousands of homeowners a break on having to pay taxes on

Dec 17

Southern California November Real Estate Sales: "Underwhelming"

Published in Real Estate by member364276 | Comment (0)

 

Southern California home sales plunged in November, falling with a 10.4 percent thud across Riverside County and by the same percentage in the entire six-county region, the latest report from San Diego-based DataQuick said.

DataQuick president John Walsh called the performance “underwhelming.”

The month was far from flamboyant by DataQuick president John

Dec 11

5 Positive Trends for Bay Area Real Estate in 2014

Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

 

The good feelings generated by many swollen bank accounts in Silicon Valley's real estate industry should spread to more markets next year, while the Bay Area continues to reap the benefits of a strong local economy.

That was one takeaway from this year's presentation of Emerging Trends in Real Estate 2014, the closely watched survey of real estate

Dec 03

Home Prices Gained Less Than 1% in October

Published in Real EstateCalifornia Economics by member364276 | Comment (0)

 

CoreLogic a leading residential property information, analytics and services provider, today released its October CoreLogic Home Price Index (HPI(®)) report. On a month-over-month basis, including distressed sales, home prices increased by only 0.2 percent in October 2013 compared to September 2013*. Year over year, home prices nationwide, including

Nov 17

Your Local Real Estate Minute: How to Save Thousands on the Sale of Your Home

Published in Santa Cruz Real Estate by member364276 | Comment (0)

 
Below is a link to my most recent episode of "Your Local Real
Estate Minute" with 3 quick tips that could save you thousands of dollars
on the sale of your home:



 Your Tube Link: http://www.youtube.com/watch?v=bt7okPRpScI



Nov 14

Looking Into The Crystal Ball: Real Estate Trends for 2014

Published in Santa Cruz Real EstateSanta Cruz by member364276 | Comment (0)

 

If the real estate recovery is a baseball game, we're in the fourth or fifth inning.

 

So what will the rest of the game look like?

 

Experts from the Urban Land Institute unveiled their view of how the rest of the recovery will play out in their Emerging Trends in Real Estate report, released this week at the land use and planning nonprofit's annual

Nov 07

2014 Real Estate Forecast: Experts Give Their Opinions

Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

Christopher Thornberg, economist and founder of Beacon Economics:

Christopher Thornberg

Christopher Thornberg

"Fundamentals are improved. Corporations are making money. Income is rising at a better pace. Real estate is starting to turn the corner," he said. "The biggest problem we have are with our leaders in Washingotn, D.C., who seem disparate to upset the apple cart at some

Oct 21

How to Save Thousands on Your Next Home Purchase

Published in Untagged  by member364276 | Comment (0)

Attached is my latest video "Your Local Real Estate Minute"-How to Save Thousands on Your Next Home Purchase...

 

Link:

Oct 11

2014 California Real Estate Forecast: Larger Inventory, Higher Prices

Published in Santa Cruz Real EstateReal Estate by member364276 | Comment (0)

 

It's not breaking news that the California housing market is heating up, but now the California Association of Realtors is confirming it on the record, predicting that the trend will continue upward into 2014.

 

In its latest forecast, CAR predicts primary home buyers will make a comeback after a period of tough competition with investors for what has been a

Oct 04

Tips on Selling Your Home in Today's Market

Published in Real Estate by member364276 | Comment (0)

<div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-PV2ICuS6IlQ/TdQBkF7YSOI/AAAAAAAAAFQ/4PzCyMhK7GY/s1600/Home+for+sale.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://4.bp.blogspot.com/-PV2ICuS6IlQ/TdQBkF7YSOI/AAAAAAAAAFQ/4PzCyMhK7GY/s320/Home+for+sale.jpg"

Sep 26

California Real Estate Cools 4th Consecutive Month

Published in Untagged  by member364276 | Comment (0)

 

The technology-powered real estate brokerage, Redfin has issued its Fastest Markets Report for August which shows home-selling speeds fell for the fourth month in a row.

In August, 27.9 percent of homes went under contract in less than two weeks, down from 29 percent in July and 33.7 percent in April.

As Redfin's latest Bidding War Report shows, the

Sep 17

Bay Area Home Sales Cool Off

Published in Westside Santa Cruz Real Estate by member364276 | Comment (0)

 

 

The sizzling Bay Area housing market cooled in August following one of the most dramatic run-ups in recent years, according to a report released Friday.

After months of increases, single-family home sales dropped 3.2 percent from a year ago, and were down 8.8 percent from July, according to real estate information service DataQuick. While the median

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