Is Santa Clara One of the Least Affordable Housing Markets in the U.S?

I noticed an article this morning titled “5 Least Affordable Housing Markets in America.” I love reading about my home town, so I clicked. Would Santa Clara and San Francisco Counties be 1 and 2, or would they be further down the list? How do they determine the least affordable housing markets? The article looks...

Will Conforming Loan Limits Decrease? (An Update)

A couple of weeks ago I wrote that Fannie Mae / Freddie Mac conforming loan limits were likely to be reduced (for the first time in history) by the end of this year as a means to reduce the market share that Fannie / Freddie currently have of mortgage originations nationwide.  The problem, as I...

Can Owning a Home Be Cheaper Than Renting?

Is buying a home really less expensive than renting?  With both rents and home prices going up faster than they have in years, this is becoming an extremely important question for many folks. For years Real Estate agents have used a common analysis that accounts for the tax advantages of home ownership to show that...