homesmillbrae.com » College Transcripts http://homesmillbrae.com Thu, 20 Oct 2022 03:48:43 +0000 en hourly 1 http://wordpress.org/?v=3.1 This week in Real Estate http://homesmillbrae.com/1487/this-week-in-real-estate/ http://homesmillbrae.com/1487/this-week-in-real-estate/#comments Sat, 19 May 2012 10:22:18 +0000 http://homesmillbrae.com/1487/this-week-in-real-estate/ Continue reading →]]> “When droves of newly wealthy individuals suddenly rush to a low-inventory market at the same time, it can drastically impact the market,” Hebron wrote.

For all the latest news on Facebook’s first day of trading, see MarketWatch’s special report on the company’s initial public offering.

Read more real-estate news in this week’s pages, including why lenders are asking borrowers for a mountain of paperwork when they apply for a loan, the latest on record-low mortgage rates and a Realty QA about a landlord who refuses to address a renter’s noisy neighbors.

To read more about the “Facebook effect” on San Francisco real estate, check out The Basis Point blog.

—Amy Hoak, Real Estate writer

Mortgage borrowers face litany of questions

As a home buyer or a candidate for refinancing, you’d expect to submit recent pay stubs and bank-account statements when applying for a mortgage loan. But a copy of your college transcripts? Or a decade-old divorce decree?Read more: Mortgage borrowers face litany of questions.

Landlord refuses to address noisy neighbor

In a recent column, you mentioned dispossessed homeowners sliding “all the way to the bottom of the ladder” to an apartment. Describes me perfectly!Read more: Landlord refuses to address noisy neighbor.

Another record low for fixed-rate mortgages

Fixed-rate mortgage rates hit yet another set of record lows this week, with the 30-year fixed-rate mortgage averaging 3.79% in Freddie Mac’s weekly survey of conforming mortgage rates.Read more: Another record low for fixed-rate mortgages.

Foreclosure activity drops in April

The number of foreclosure filings in April fell to the lowest monthly total since July 2007, according to RealtyTrac’s most recent report, released Thursday.Read more: Foreclosure activity drops in April.

Skip the dorm, buy your kid a condo

Low real-estate prices—and sweet tax breaks—may make buying a condo preferable to student housing.Read more: Skip the dorm, buy your kid a condo.

Is now the time to buy your first house?

Article source: http://articles.marketwatch.com/2012-05-18/finance/31758589_1_fixed-rate-mortgages-mortgage-rates-mortgage-delinquencies

]]> http://homesmillbrae.com/1487/this-week-in-real-estate/feed/ 0 ‘Facebook effect’ on Bay Area real estate http://homesmillbrae.com/1486/facebook-effect-on-bay-area-real-estate/ http://homesmillbrae.com/1486/facebook-effect-on-bay-area-real-estate/#comments Fri, 18 May 2012 16:17:21 +0000 http://homesmillbrae.com/1486/facebook-effect-on-bay-area-real-estate/ Continue reading →]]>

By MarketWatch

Don’t miss these top stories:

Facebook’s initial public offering is having a marked effect on San Francisco Bay Area real estate, according to one mortgage banker.

As Julian Hebron wrote on his blog, “The Basis Point,” this week, there’s a definite “Facebook effect” being seen in the San Francisco real-estate market. He tells the story of one 3-bedroom, 1-bathroom home that had 51 offers before it sold for $1.4 million.

“That’s the most offers I’ve seen in 10 years. And a different property that week got 23 offers,” he wrote.

People are rushing to buy right now so they don’t get priced out when the tech boom pushes prices up, he wrote. Limited housing inventory and rising rents in San Francisco also are factors, Hebron added.

“When droves of newly wealthy individuals suddenly rush to a low-inventory market at the same time, it can drastically impact the market,” Hebron wrote.


For all the latest news on Facebook’s first day of trading, see MarketWatch’s special report on the company’s initial public offering.

Read more real-estate news in this week’s pages, including why lenders are asking borrowers for a mountain of paperwork when they apply for a loan, the latest on record-low mortgage rates and a Realty QA about a landlord who refuses to address a renter’s noisy neighbors.

To read more about the “Facebook effect” on San Francisco real estate, check out
The Basis Point blog.

—
Amy Hoak
, Real Estate writer

Mortgage borrowers face litany of questions

As a home buyer or a candidate for refinancing, you’d expect to submit recent pay stubs and bank-account statements when applying for a mortgage loan. But a copy of your college transcripts? Or a decade-old divorce decree?

Read more: Mortgage borrowers face litany of questions.

Landlord refuses to address noisy neighbor

In a recent column, you mentioned dispossessed homeowners sliding “all the way to the bottom of the ladder” to an apartment. Describes me perfectly!

Read more: Landlord refuses to address noisy neighbor.

Article source: http://www.marketwatch.com/story/facebook-effect-on-bay-area-real-estate-2012-05-18?reflink=MW_GoogleNews

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