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Archive for March, 2010

Mar 24

California Home Buyer Program Gives $10,000 beginning May 1st

Wednesday, March 24, 2010 | Comments Off

Just when most buyers face the end of the $8,000 tax credit Governor Schwarzenegger has revealed a new incentive planned for May 1st that would give buyers up to $10,000.

The day after the federal government credit expires this new state credit would pick up where the federal one left off.
Details of the credit qualifications have not been finalized but the funding is coming from a $100 million dollar program crafted last year as reported by the Wall Street Journal.

Read article here

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Mar 3

January 2010 Sales Data Santa Clara County

Wednesday, March 3, 2010 | Comments Off

I uploaded the latest sales data to youtube. Please take a moment to watch this three minute video.

January 2010 sales data for Santa Clara County.

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Local Real Estate News
- DeSaulnier to host free foreclosure prevention workshop in Antioch Saturday
  Bay Area residents struggling to find ways to stay in their homes and pay their monthly mortgage are encouraged to check out a free foreclosure prevention seminar Saturday in Antioch. […]
- Rate on 30-year mortgage falls to record 3.87 pct.
  The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. […]
- Closed Red Lion Hotel in Concord gets new owners and a fresh start
  The East Bay hotel that closed its doors without notice last May, leaving guests stranded without rooms and employees out of work without jobs, is poised to be resurrected under new owners. […]
- Dell eyes South Bay expansion that means hundreds of new jobs
  Just months after setting up a big Silicon Valley outpost, Dell is preparing to expand its initial presence in the South Bay by adding hundreds more workers. […]
- More mortgage relief from the White House -- but congressional OK doubtful
  President Obama announced a sweeping plan Wednesday to help underwater homeowners refinance into lower interest loans, but funding for the proposal must be approved by a combative Congress, lowering the possibility that it will help anyone soon. […]
- East Bay real estate transactions, published Feb. 5, 2012
  Residential transactions in Alameda County, published Feb. 5, 2012. […]
- Who sold what, published Feb. 4, 2012
  Residential transactions in Santa Clara County, San Mateo County, San Francisco and southern Alameda County, published Feb. 4, 2012. […]
- Home prices dropped in November in most U.S. cities
  WASHINGTON -- U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. […]
- Realtors oppose proposed Fremont ordinance
  Measure, part of city's Climate Action Plan, aims to curb greenhouse gas emissions […]
- US gov't to extend and expand foreclosure program
  The Obama administration said Friday that will expand its signature foreclosure-prevention program to try to help those with heavy debt loads avoid losing their homes. […]
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