Million-Dollar Luxury Home in San Francisco

What does a million dollars buy you these days in San Francisco? A million-dollar luxury home?  How about a “contractor special?” One of my guilty pleasures is reading news reports about luxury homes when they sell, especially sprawling estates. So when I noticed an article about a beach front home in San Francisco I couldn’t...

Solar Leases Hamper Home Sales

Solar has been going big for quite a while now. Because of exponential growth more than 600,000 homes and businesses now have solar electric power in the U.S., according to the Solar Energy Industries Association. http://www.seia.org/research-resources/solar-industry-data Improving design and manufacturing techniques and economies of scale due to the surging business are driving the cost of...

Home Values – Is the Canary Gasping?

This weekend a new piece of data quietly emerged about a home value-related trend that you probably didn’t notice, and that might not seem significant at first. Zillow published a report each quarter on the Loan-to-Value Distribution of Homeowners With a Mortgage. This report details the number of homes – expressed as a percentage of...

Today is a Big Day for Mortgage Interest Rates

This afternoon the Federal Reserve will release its most recent statement, and then at 2:30 pm EDT Janet Yellen will conduct a press conference about it. Most analysts agree that there will be a subtle but significant change in the wording of the statement – they will remove the word “patient” as it relates to...

7 Home Maintenance Hacks

Now for something a little different.  I get many “click-teaser” articles every day, and most of them leave me wishing I had my time back.  This one didn’t.  Courtesy of the National Association of Realtors via House Logic, Dierdre Sullivan shares some home maintenance hacks, most of which I would not have thought of. 1. ...

Right-Sizing – Do You Need a Different Sized Home?

Homeowners are moving less frequently than they used to. This is an interesting trend, with significant implications. So significant, that we want to hear your thoughts about it – This coming Saturday, March 21, at 10:00 am in fact. The “rule of thumb” quoted for years by most of us in the real estate industry...

Are Mortgage Interest Rates Rising Again?

You can always tell when mortgage interest rates are moving up or down in a dramatic way – every media outlet and blogger writes about it. So, I thought I ought to jump in. Skip to the bottom for the “Bottom Line” if you don’t want the ugly details. I track interest rates by noting...