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...

Will 2016 Bring a Housing Bubble?

Most of us still remember the housing crash of 2008 – vividly. Housing prices, driven by ever-more-creative financing and frenzied demand skyrocketed higher and higher in a positive feedback loop that everyone knew would crash one day, but few knew where to jump off. Today’s market feels “frothy” (as Alan Greenspan would say) like the...

The Newest Trend in Luxury Homes – Hidden Pools

This is just a fun post.  I came across a video about hidden pools that piqued my interest.  With an average home on a small lot in San Jose going for $1 million now, we’ve hit the luxury market category.  So why not a pool? But I’ve seen many backyard pools in our area (remember...

This Old House Redux – Flooring Choices

Investment properties perform best when you keep expenses down over the long term.  Keeping expenses down in this old house (well, apartment) has proven to be a challenge.  The point of the work I’m doing (and this post) is to change that. In the past our property managers have always put in an inexpensive vinyl...

Kickstarting the Market

Home values are up – home sales are down. And the buzz within the industry is all about “Why is this happening, and what can we do about it?” I read articles every day saying that the best minds keep trying to figure out why folks aren’t buying homes. Recently a number of analysts have...

Will Government Shutdown Prevent Loans from Closing?

I’ve been hearing a lot about how underwriting guidelines are loosening up in response to the government shutdown. Not exactly… Nowadays lenders double-check and document every possible area where fraud occurred in the past.  Two of these areas – verifying social security numbers through the Social Security Administration and your income via IRS tax transcripts...

Win the bidding war without overpaying

5 Keys to Making a Successful Offer Buying a home in Silicon Valley right now is not easy.  Listings are scarce and buyers are plentiful.  Most homes are selling very quickly with multiple offers.  Winning the bidding war can be hell…unless you know the keys to the most attractive offer.  Here they are: Be Qualified...

Buying Up is Hard to Do

I’m sure you’ve heard that the real estate market is coming back on strong right now, especially where we are in Silicon Valley.  If you bought your home before 2007 you might have thought you’d be in it for just a few years and you had planned to move up, but you didn’t because of...

How To Paint Your Home’s Exterior Walls

When preparing to sell a home, few things improve its curb appeal more than a fresh coat of exterior paint.