MIKE WONG's (mikewong) Blog

By
Real Estate Agent - CIGREALTY
RECENT BLOG POSTS
WITH THE DECLINE OF THE HOUSING MARKET.  THE BAY ARE RENTAL MARKET IS STILL FINE. THERE ARE STILL PEOPLE LINED UP TO RENT PROPERTIES IN THE BAY AREA. AND THE OWNERS ARE GETTING THE RENT THEY WANT.   AND THE PRICE OF RENTAL PROPERTIES GOING DOWN THIS IS A GOOD TIME TO BUY. CALL ME ON SOME GOOD PRO...
10/28/2008
YES WITH THE NEW BAIL OUT I BELIEVE MARKET IS GOING TO MOVE.  BANKS ARE NOW MODIFYING LOANS ALSO SOME SHORTSALES ARE CLOSING.  WITH THE BANKS NOW MODIFYING LOANS THAT MEANS THEY WILL BE ABLE TO SELL THEM AGAIN.  AND THIS COULD SLOW THE DECLINE ON SOME HOME PRICES..  AND GIVE MANY HOMEOWNERS A SEC...
10/28/2008
DOES THE THE FACT THAT THE BAY HAS SO MANY REALTORS  SLOW THE BUYING DOWN OR INCREASE THE SALES.   THIS IS A QUESTION FOR ALL REALTORS.  ITS GREAT THAT  MANY PEOPLE WANT TO BE A REALTOR BUT DOES IT HINDER THE MARKET.  IS BEING A REALTOR OVERRATED OR UNDERATED.  DID TO MANY AGENT CAUSE THE MARKET ...
10/25/2008
OK WHICH CITY IS BEST FOR OWNING A DUPLEX ?  SAN MATEO, REDWOOD CITY, SAN BRUNO, MILLBRAE, PALO ALTO, REDWOOD SHORES, FOSTER CITY, DUPLEXES ARE USUALLY LOCATED IN NEIGHBORHOODS BETTER SUITED FOR RENTERS.  THIS IS WHY THERE ISNT A DUPLEX IN EVERY AREA. DOES THE AVERAGE INVESTOR KNOW THE DIFFERNCE ...
10/25/2008
OK WHICH TOWN OR CITY WOULD YOU LIKE TO OWN RENTAL PROPERTY HILLSBOROUGH MILLBRAE, SAN MATEO, SAN BRUNO, REDWOOD CITY ATHERON, PALO ALTO,SAN FRANCISCO, DALY CITY OR FOSTER CITY.  WITH EACH CITY HAVING ITS GOOD AND BAD WHAT WOULD YOU RATHER HAVE CASH FLOW OR APPRECIATION MOST BAY AREANS RATHER HAV...
10/25/2008
NO THIS IS THE ONE OF THE BEST PLACES TO OWN REAL ESTATE IN THE WORLD.  WHY?  BECAUSE OF THE FRASTRUCTURE,SCHOOLS,PEOPLE.JOBS,AND WEATHER.  COMPARED TO THE REST OF THE WORLD OUR JOBS ARE DESCENT PAYING, THE PEOPLE ARE GREAT, SCHOOLS ARE TOPS,  AND MOST OF ALL THE WEATHER IS A1..   DID I MISS ANYT...
10/25/2008
0 Comments
I GET THIS QUESTION 20X A DAY.  NOW HERE IS THE ANSWER:  IF YOUR LOOKING FOR AN INVESTMENT, ITS A TIME TO BUY WHEN YOUR RENTS SURPASS YOUR MORTGAGE,YES NOT BREAK EVEN.  IT MUST GIVE YOU CASH BACK. PERIOD! IF YOUR LOOKING FOR A HOME FOR YOURSELF ONLY BUY IF YOU CAN AFFORD TO MAKE THE PAYMENTS ON A...
10/25/2008
OK WHAT CITY HAS THE NICEST HOME IN THE BAY AREA.  THERE A DEBATE IN THE BAY AREA REAL ESTATE CIRCLE.  WERE WOULD YOU RATHER LIVE SAN MATEO HILLS, HILLSBOROUGH, ATHERTON, LOS ALTOS HILLS,MENLO PARK, MILLIONAIRE ROW, PACIFIC HEIGHTS,PALO ALTO, YOU MAKE THE CALL, WHERE WOULD YOU LIKE TO INVEST  AND...
10/25/2008
0 Comments
IS NOW THE TIME TO BUY BAY AREA REAL ESTATE (edit/delete) I GET THIS QUESTION 20X A DAY.  NOW HERE IS THE ANSWER:  IF YOUR LOOKING FOR AN INVESTMENT, ITS A TIME TO BUY WHEN YOUR RENTS SURPASS YOUR MORTGAGE,YES NOT BREAK EVEN.  IT MUST GIVE YOU CASH BACK. PERIOD! IF YOUR LOOKING FOR A HOME FOR YOU...
10/25/2008
0 Comments
WHATS THE AVERAGE PRICE FOR A GOOD HOME ON THE WEST SIDE OF SAN MATEO.  $1,500.000 WILL BUY YOU A NICE  HOME IN SAN MATEO HILLS, AROUND 3000 SQ FT 4-5 BEDROOMS.  ON A GOOD STREET WITH GOOD SCHOOLS (ARAGON).  AND A NICE QUIET LOCATION WITH A SPACIOUS BACKYARD AND ROLLING HILLS.  1.5 WOW IS IT WORT...
10/25/2008
Rainer
5,316

MIKE WONG

Contact The Author