Enayat Boroumand, Coldwell Banker Menlo Park

These 8 factors must all be considered when looking at a home purchase, selling your home or if you are considering a remodel. I am always willing to check out these variables “ahead of time” to help you make an informed decision “before” you invest or to help you make the most of your current home.

Please check out this list of 5 things by Financial Edge to be aware of and most importantly, how to prevent these expensive items from popping up in your home. 

Need to renovate your home? Below is a list of small renovation projects that you can tackle in the Fall.  If your renovation projects are more intensive and need the use of a professional, feel free to contact me directly to refer you a contractor or to simply give you my opinion of what renovation projects will give you the best return on your investment.

I always look for “signs of improvement” for my clients and found some interesting economic indicators in the Mercury News. Single-family home sales rose 14% and the median price rose 2.2 %. Other good news included construction development rising 48% in June while filed  bankruptcies fell in the same month.  

Smart Money magazine points out that now is a great time to buy a house, and not simply because of low interest rates.

Although the U.S debt deal passing will probably keep interest rates low, some tax breaks could go away including reducing the mortgage tax deduction.

If you have any questions on how these variables may affect your home sale or purchase, please be sure to contact me directly.

I wanted to share a house that proves it’s not always the square footage that matters-it’s the floor plan!!!  Check out the full photos of the world’s skinniest house at Archdaily.com. Photo courtesy of centrala.

I wanted to let all my clients know about this very worthy cause that my company, Coldwell Banker, is proud to help raise funds for. 

Coldwell Banker is once again partnering with Habitat for Humanity.  Over the past 12 years, Coldwell Banker's foundation has raised more than $2.1 million for Habitat for Humanity.  You can read more details in the Mercury News Article here.

Here is an interesting and important statistic showing how long homes stay on the market.  San Jose, San Francisco and Oakland are all on this Realtor.com report of “fastest moving markets” when measured by total days on the market. 

Of course, within each area some neighborhoods and price ranges move faster than others, so feel free to contact me regarding your particular area of interest.

I am seeing an interesting trend as potential home buyers are looking at mortgage rates near record lows.  Buyers in many areas, whether entry-level or mid-level homes, are facing “competition” from other buyers eager to take advantage of great interest rates.  What are your thoughts on these low rates? 

Fixed and adjustable rate loans just reached all-time record lows providing further incentive for those thinking of buying a home and homeowners looking to refinance. The 30-year fixed averaged 4.15 percent, breaking the previous record low of 4.17 percent set November 11, 2010.

This was reported by Freddie Mac, which supports communities across the nation by providing mortgage capital to lenders.

This infographic does a great job in explaining some of the mysteries behind how credit scores are calculated.  

Are you a buyer considering purchasing a vacation home?  If so, then this Wall Street Journal article is perfect for you. It is appearing that ‘frugality fatigue’ has set in and upscale vacation markets are seeing more activity.  Check out what buyers around the country are doing!

Here is an informative article on the current conforming mortgage limits that are scheduled to expire September 30th.  With limits for the most expensive markets falling to $625,500 from $729,750 in the contiguous U.S., it would be wise to act quickly before these loan limits are reduced.

I am happy to answer any questions you have and to do what I can to help you secure the home of your dreams.

Housing is hot in premium areas of the valley - the best in a long time.

Wherever you may live in the Bay Area or coastal areas, this article from Fortune Magazine provides some great indicators related to Bay Area technology companies and their affect on real estate values.

As a real estate agent, part of the service I offer my clients is to pass on information I come across that can assist them in the home purchase process.  Read yet another helpful article from Peter Boutell, that explains about the only first-time home buyer program that actually puts money back in the home buyer’s pocket each month.  

I would be happy to help you investigate the availability of these MCC funds in whatever county you are interested in.