The Urban Land Institute’s 2010 “Housing In America: The Next Decade”
It is important for all of us to deal with reality in the midst of one of the biggest housing crisis in decades. You know I am looking for ways to make lemonade out of lemons in all aspects of my life. So, I don’t know how I missed this very important report regarding the 2010 predictions outlined in Ronald Terwilliger’s research paper Housing in America: The Next Decade. The report was presented at the January 26, 2010 meeting of the Urban Land Institute Trustee meeting. One of the key authors was Ronald Terwilliger – the chairperson of the Urban ...
2010 East Bay Real Estate Update: Mortgage Interest Rates Rising In Q2, Q3, Q4!
The $64 Billion Dollar Question is, “When will the Federal Government stop purchasing Mortgage Backed Securities?” You may ask why this is an important question. Well, the purchase of MBS by the Feds is the method in which they are guaranteeing mortgages so the lenders will continue to write them – assuring the lenders there is no risk to the home loan because it is risk-free. From what I am noticing for the last twelve month trend of the Feds buying MBS, it may be just about over. When it is over interest rates will begin rising in the very ...
2010 East Bay Real Estate Update: Smart Sellers Are On The Market NOW!
If you are a Buyer have you noticed that there are not many houses currently on the market in the East Bay? Inventory is at one of it’s lowest levels in the last twelve months. And, those houses that are on the market are not that spectacular. What typically happens in the yearly real estate cycles is that January has one of the lowest months of inventory, AND there are many Buyers who want to buy homes. In addition, there are several other factors that are highly motivating Buyers – buyer tax incentives until April 30th, and the expectation of ...
Help Haiti NOW! Text 90999 And Message The Word HAITI!
The capital city of Haiti, Port-au-Prince, and surrounding communities are almost gone. Last Tuesday, most of the structures were erased because of the 7.3-magnitude earthquake. Tens of thousands have died and millions are fighting for their lives. The human suffering is beyond anything we could imagine. My friend, Gov. John deJongh, Jr., of the U.S. Virgin Islands said "Eyewitness accounts of the quake indicate the worst catastrophic event in modern history.” The Hospitals, schools, the government buildings, stores and most buildings in the capital city and surrounding communities have collapsed. There are no services available and the dead are being ...
The Bay Area Team – East Bay Real Estate’s #1 Team!
(PRLEAP.COM) Jim Walberg and Ann Marie Nugent, owners of the Bay Area Team, were again honored as the Top Realtor Team for 2009 at the Keller Williams Realty – Danville Market Center from over 160 Realtors. They were also ranked #1 in the East Bay, and in the Top 10 in the entire Northern California and Hawaii Region. When asked what contributed to their success, in the midst of such challenging economic times, Nugent-Walberg said, "The Keller Williams business systems, on-going education, networking with 77,000+ fellow Realtors within the company, and just plain hard work were the keys to the ...
2010 Home Maintenance Action List For East Bay Real Estate!
The first week of each New Year it is common for people to make resolutions and promises to themselves, their families, and their business results. Statistics let us know that this annual ritual of resolutions is a very inspiring exercise that ends up rarely creating any change in a person’s life. So, what would be like if there was a simple calendar that you integrated in your Outlook or whatever calendar system you use that would alert you to a Home Action List that was broken down in to things you can do each month to maintain and improve the ...
2010 East Bay Real Estate Update: Challenges Facing $1 Million+ Buyer/Sellers
As you have discovered over the years, Jim Walberg is one of the most positive people around. So, this report is not about positive or negative, it is about reality. There are still some significant hurdles for Buyers and Sellers to climb over in 2010 in the East Bay real estate markets. The past two years the biggest price corrections have been focused on the under $1 million price ranges. The “sweet spot” of our real estate micro-markets has been in the $500,000 to $700,000 price range. Mortgage companies and the Federal government have designed most of their home loans ...
2010 Guide From East Bay Real Estate!
Here is to an extraordinary 2010! Each year we look for a list of actions to be taken throughout the year that will add to it being an amazing one. We found these 39 action items for all of us to consider for 2010 that are guaranteed to improve our lives. Contact us anytime! We are standing ready to be of service to the real estate needs of you, your family and friends. Happy New Year!!! Health: 1. Drink plenty of water. 2. Eat breakfast like a king, lunch like a prince, and dinner like a beggar. 3. Eat more ...
East Bay Kwanzaa Celebrations Begin Today & Ends January 1st!
The celebration of Kwanzaa began today all over the Bay Area. Kwanzaa was created by M. Ron Karenga in 1966 as an African American celebration of their heritage with a focus of family values and our local communities. Kwanzaa means “first fruits of the harvest”. The Bay Area Discovery Museum hosts its Annual Kwanzaa Celebration today from 10AM to 5PM. The admission is free. There are various art projects inspired by the African continent and a Kwanzaa altar in the Museum’s Entry Pavilion. Renowned jazz drummer E. W. Wainwright and his ensemble, The African Roots of Jazz will trace African-American musical ...
East Bay Real Estate: Holiday Greetings!
We are so grateful for the relationships that continue to unfolded over the years with our cherished family and friends, and the thousands of people that allow us to serve their real estate needs in the Bay Area. You have added joy, laughter, and unforgettable moments to our lives in 2009. Thank you from the bottom of our hearts. We can all agree that 2009 has been unforgettable year for many reasons. However, we are still surrounded by a very long list of blessings if we just pay attention. Enjoy every moment of your Holiday celebrations with your loving family and friends. Stay tuned...2010 is ...
