Jan
06

Grubb & Ellis Pick Top 10 Real Estate Markets for 2010, Oakland / East Bay Ranks #5

Posted In: General Real Estate News, Investing, Local Market Statistics
Grubb & Ellis have picked their top 10 Real Estate Markets for 2010.  Oakland and the East Bay rank #5, San Francisco chimes in at #10. U.S. MULTI HOUSING MARKET STRENGTH FORECAST Top 10 Markets 2010-2014United States Overall Score* Rank 1.     Los Angeles 64.8 2.     Washington, D.C. 60.5 3.     Orange County, Calif. 60.1 4.     San Diego 58.3 5.     Oakland/East Bay, Calif. [...]
Dec
04

Qualifying Factors For FHA and Fannie Mae Loans Are Changing Dec. 12th

Posted In: First Time Home Buyers, General Real Estate News, Mortgage & Finance
I am getting many updates from my favorite mortgage brokers about the changes to the qualifying factors that are about to come on Dec. 12th to the Fannie Mae and FHA world.  I am also receiving updates from mortgage brokers I don’t have contact with, and some of the updates are inaccurate.  To spell out the changes, here is what one [...]
Dec
01

33 Revolutions in El Cerrito is Closing

Posted In: Community, El Cerrito, Good Eats
thumbnail for 33 Revolutions in El Cerrito is Closing
33 Revolutions in El Cerrito is closing its doors.  They just couldn’t make it.  Another local gem… g o n e.  I have commented on them here in this blog, yelped them, and freqented them for their valuable wi-fi and tasty food.  It is a great place, shows true community.  The economy turned and that didn’t help.  It was too [...]
Nov
17

Weekly Interest Rate Overview

Posted In: First Time Home Buyers, For Buyers, Mortgage & Finance
Current Indices For Adjustable Rate Mortgages Updated November 13, 2009 Daily Value Monthly Value 6-month Treasury Security 0.16% 0.16% 1-year Treasury Security 0.32% 0.37% 3-year Treasury Security 1.36% 1.46% 5-year Treasury Security 2.28% 2.33% 10-year Treasury Security 3.45% 3.39% 12-month LIBOR 1.234% (Oct) 12-month MTA 0.544% (Oct) 11th District Cost of Funds 1.272% (Sept) Prime Rate 3.25% (Dec) Looking for [...]