FHA
2009 Mortgages Have Found Their “Sweet Spot”!
May 28, 2009 by Jim Walberg · 2 Comments
Jim Walberg is in the residential real estate trenches everyday. For the last few months a “sweet spot” has shown up as the hottest price point in the East Bay housing markets – $729,000 and below!
Remembering that all real estate is “local”, the experience we are having in our San Francisco Bay Area real estate markets is close to a “feeding frenzy” when it comes homes selling in the $725,000 price point and below. In fact, real estate is not just local, it is made up of dozens of “micro-markets” within miles of each other. Yesterday, KCBS 740 AM radio did a feature on this very topic and even asked me to comment about it as a Realtor who has been serving this region for over 30 years. Read more
