RECENT BLOG POSTS
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In spite of the Fed's recent decrease to 2% Fed Funds, rates have responded by going higher. This has to do with increasing inflation, due to rising commodities costs.Point is that the Fed has little control over the mortgage rate as long as the rate indexes are based on longer term rates. I do b...
05/01/2008
More Details About the Market Octavia DevelopmentOn April 8th, the legislation required to implement the Market Octavia Plan was approved by the San Francisco Board of Supervisors, needing only an additional reading on April 15th and the Mayors sig. Its a done deal, 8 years of negotiation to get...
04/12/2008
If you have bought recently and now find your home is worth less than you paid, you should consider reducing your property tax. It's real money you can put back in your pocket. How Does it WorkThe Assessor/Recorder (415) 554-5596) will assess your property. Generally, the assessed value is the ...
04/06/2008
If you have bought recently and now find your home is worth less than you paid, you should consider reducing your property tax. It's real money you can put back in your pocket.How Does it WorkThe Assessor/Recorder (415) 554-5596) will assess your property. Generally, the assessed value is the c...
04/06/2008
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The Public Policy Institute of California did a survey on March 26 of this year to see how Californians feel about the what would effectively eliminate rent control. This would seriously impact the cost of renting in San Francisco. Two of the initiatives in the California primary this June 3rd, ...
03/29/2008
Homes Prices Sinking FastSales decrease 28.5 percent, median home price falls 26.2 percent in FebruaryHome sales decreased 28.5 percent in February in California compared with the same period a year ago, while the median price of an existing home fell 26.2 percent, the CALIFORNIA ASSOCIATION OF R...
03/26/2008
Straight from the sfgov web site are the most important dates for property owners in San Francisco. Bookmark this page for reference. January 1 Lien date – taxes for the next fiscal year attach as a lien on the property. The assessment of property applies as of 12:01 a.m. on the first day of Jan...
03/25/2008
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Scam ProtectionSan Francisco has a lot of people moving in to the area to fill high tech jobs from Palo Alto to media gulch in SOMA. We have heard some horror stories not only regarding the rents people have to pay, but also Moving company scams. Rogue movers typically work like this:Without ever...
03/23/2008
San Francisco Security Deposit Interest Rate The rate for security deposit interest remains @ 5.2%. The new rate is effective March 1, 2008, through February 28, 2009.*Special thanks to badarama for the best piggy bank ever Thanks for ReadingHoward www.yourpropertypath.com A 450 article websi...
03/22/2008
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This is the most recent Freddie Mac report on mortgage rates. The Fed just cannot get these rates down, putting pressure on real estate sales and ownership. Following are the rates as of March 13, 2008 30-year fixed-rate mortgage: Averaged 6.13 percent up an average 0.5 point for the week endin...
03/16/2008