They Asked $1.15M for Home, Got Double That
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Sound Off: Is it a good idea to buy (or sell) a home in 2021? Feb. 4, 2021 FacebookTwitterEmail Q: Is it a good idea to buy (or sell) a home in 2021? A: Yes it is both a good time to buy and sell a home in 2021. The biggest benefit for the buyer in 2021 is the incredibly low interest rates on loans. As a buyer you probably won’t find lower interest rates than where they are now. These historic lower rates are allowing buyers to borrow more with less interest. Our economy in the bay area, driven largely by the Tech sector, has enabled wealth creation through initial public offerings and stoc...
Newly renovated, a Midcentury Modern in Berkeley sells for $4.4M Newly renovated, a Midcentury Modern in Berkeley sells for $4.4M A remodeled midcentury modern home in Berkeley, CA, quickly sold for $4.37 million. It first came on the market in early October this year. Claudine Zap, provided by FacebookTwitterEmail A remodeled midcentury modern home in Berkeley, CA, has quickly sold for $4.37 million. It first came on the market in early October 2020 for $4.35 million, but the sellers trimmed the price to $4,295,000 later in the month. Two months after that, the home wound up selling for o...
Sound Off: Why are interest rates so low and how long will they stay this way? Dec. 21, 2020 FacebookTwitterEmail Q: Why are interest rates so low and how long will they stay this way? A: The Federal Reserve lowers interest rates in order to stimulate growth during a period of economic decline and uncertainty, which means that borrowing costs become cheaper. Low interest rates are good for homeowners as it reduces their monthly mortgage payments. The interest rates are so low largely because the economy is so weak. Interest rates are likely to stay low for years as the economy fights its way ...