Click here for video or read Tips below. 1.  Be committed.  In a buyer’s market sellers are competing with distressed listings such as, short sales, bank owned properties (REO’s), and foreclosures.  This is not the market for sellers who want to ‘test the waters’.  The market will determine the price.  Money is not the primary [...]

Video version below.  Hello……..It’s Wednesday, February 11th, 2009 and I’m Russ Boyd, with the Bay Area Home Teams market update and commentary.In this message I am going to cover current very positive news that affects all homeowners and interested home buyers. As you I mentioned in my last market update, the Senate version of the [...]

Senate version of stimulus bill delivers good news to homeowners and home buyers… Click [more] link to the right to play video…..http://bayareahometeamonline.com/2009/02/12/video-market-updatesenate-delivers-good-news-to-homeowners-and-homebuyersfannie-mae-foreclosure-purchase.aspx 

Hello……..It’s Friday, January 30, 2009 and I’m Russ Boyd, with the Bay Area Home Teams market update and commentary. In this message I am going to cover three of the initiatives affecting home ownership that are likely to be part of the stimulus package being put together by congress and the new administration. As I’ve [...]

                  Video market updates and commentary by Russ Boyd.                         Topics include: Buyers Seminar-February 7, 2009 How low will they go? Is it time to refinance? Lower home value may mean lower property taxes. We can [...]

Seems like every day news “updates” bring us the latest about mortgages, some new Fed policy, Fannie/Freddie and mortgage rates. The most recent news tells us that rates may get down to 4.5%!As many of you know, I’ve been in the mortgage and real estate industry over 30 years. Here’s my view in a nutshell: [...]

Facts and Myths about the Financial Crisis of 2008-A Report by The Federal Reserve Bank Minneapolis Patrick J. Kehoe – Monetary Advisor V. V. Chari – Consultant Lawrence J. Christiano – Consultant October 2008 Abstract The United States is indisputably undergoing a financial crisis. Here we examine four claims about the way the financial crisis [...]

1. Globalized Jobs Return Home By Amanda Ripley The world suddenly seems big again. A family of four can’t fly cross-country for much less than $2,000. The cost of shipping a standard 40-ft. (12 m) container of couches from Shanghai to New Jersey has tripled since 2000. Trucking carrots from Mexico to Georgia makes less [...]

California provides for a Homeowners’ Property Tax Exemption. This is a $7,000 reduction in the taxable value of a qualified owner-occupied home. Here are some frequently asked questions regarding the exemption and information about how to apply for the exemption if you are not already receiving it. Q: Who is eligible for the homeowners’ exemption? [...]

I recently read this article by Ben Stein in the New York Times. Read Ben’s perspective on the “mortgage crisis” and why it has U.S and international financial markets in “crisis”. Well worth the five minutes it takes to read. Read the article here: Chicken Little’s Brethren on the Trading Floor.