Redwood City Market Snapshot:7-Day Intervals: 3/23 3/30Listings: 8 18Price Increase: 0 0Price Decrease: 10 7Sold: [...]

Redwood City Market Snapshot:Last 7 Days
Listings: 8Price Increase: 0Price Decrease: 10Sold: 8Expired: 0Cancelled: 1Withdrawn: 2Pending: 16
As you can see from the above data there were as many homes that sold as there were new homes coming onto the market the last 7 days.16 homes had accepted offers and are pending right now. This to me [...]

Fannie Mae and Freddie Mac (the government sponsored enterprises or GSEs) have each announced special requirements for the origination, underwriting, delivery, and servicing of jumbo conforming mortgages loans (loans above $417,000 up to $729,750). Both Fannie and Freddie are taking a conservative underwriting approach to the new jumbo conforming mortgages. It was announced earlier [...]

After hearing month after month about the sub-prime loan fiasco and how that had caused the implosion of the real estate market I decided to do some investigation. The following is my interpretation of the data:

30% of American homes are owned “Free and Clear”
20% of American homes are owned by Investors.
50% of American homes [...]

…He who has the ability to see wrongs within their government have the responsibility to do whatever is possible to correct those wrongs… The Constitution of the United States