The Next Housing Crisis?

More and more of my clients are asking me “Are we at the top of the market?”  It’s a good question.  An even better question is why they think I would know any better than any schmo on the street, but we’ll set that aside for the moment. Last year I wrote an article titled...

When to Avoid Buying a Condo

I am often asked whether buying a condo is a good investment. The short answer – I own one in New Mexico and yes, they can be a great investment. If you are buying a condo to live in it, it’s great to have all your exterior maintenance taken care of, and nice to have...

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...

Rent Versus Own – What Is the ROI? (Leverage Is Everything)

Why aren’t people buying homes these days? Ask all the experts and, well, you’ll get a different opinion from each of them. Are homes unaffordable? Do Millenials need so much flexibility in where they live that owning makes no sense? Are we building the next real estate bubble? Are there better investments than real estate?...

Home Prices Will Rise in Coming Year

I’ve just returned from a conference with a bunch of really smart people, all of whom write personal finance blogs, have published books about personal finance, or report on finance issues for national news outlets. Like I said, smart people. While I was at the conference a number of folks asked me if I thought...

Case-Shiller Index Shows Near 6% Home Price Gain

Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010.