by Peter Richmond | Aug 24, 2018
We’ve covered this in previous posts, but felt it worthwhile to repeat it now as employment figures are again going up. Improving employment always bodes well for the housing market because if more people are working, then there are more buyers out there...
by Peter Richmond | Aug 17, 2018
Well, sooner or later, as home prices keep climbing, and mortgage interest rates along with them, the number of folks who can afford to buy a home drops. As the following bit of info indicates, affordability has gone down in recent months, and may continue to do so...
by Peter Richmond | Aug 10, 2018
For quite a few years now, buyers from outside the United States have played a major role in the local housing market. Name a foreign country and the chances are that money originating there has found its way into Bay Area real estate. Much of that has been...
by Peter Richmond | Aug 3, 2018
Often, when calculating the cost of home ownership, the figure most often used is the monthly mortgage payment. Sometimes, folks will do some basic math and add on the monthly cost of real estate taxes and, in some cases, insurance. But the overall cost goes far...
by Peter Richmond | Jul 27, 2018
Regular readers of this blog know that I’ve periodically stated that the housing market is often affected by the employment picture. The reason is simple. If you have a job, you’re more likely to be able to buy a house. Well, the latest employment...