Statewide Buyer / Seller Advisory
Using AI and a Chatbot for the first time
Until a few minutes ago I did not know the word chatbot. Our IT person put a
Chatbot on my www.dougknowsrealestate.com page. It is interactive and answers
residential real estate questions quickly — wait there’s more. We have asked it… Read the rest
Buyers: Get Ready to Buy
I tell those who ask about buying in San Jose that now is not the time to buy; but, get ready. It seems like this economic misery has been with us forever but it has only been a short while … Read the rest
Buy Out of The Area
I am not a fan of San Jose Real Estate prices. As with many large cities the home prices can be way too expensive for most and buying a home seems unreachable.
Years ago I lived and worked in Orange … Read the rest
If interest rates are high – why are home prices staying high
Interest rates and home prices are in many ways tied together. When rates go down so many times the home prices go up and when rates climb the home prices will go down. That was not the case when we
When is it a good time to buy ? California
A customer sent me an email asking when is it a good time to buy. Instead of re-writing the contents here is the email I sent to him.
How is the Interest Rate Determined ?
Well, for an individual buyer the rate is determined by a lot of factors: primary home or investment home, loan size, Loan to Value, credit score, credit history, debt ratio, type of income, job history, job stability, w-2 or 1099 … Read the rest
The Wall Street Journal today has a front page article Fed Hikes Don’t Go Far Enough For Some Investors.
The Wall Street Journal today has a front page article Fed Hikes Don’t Go Far Enough For Some Investors. In the article there is a quote from an analyst “When you’re looking at where deals are pricing, it is simply … Read the rest
3 Questions That Home Buyers Should Ask a Realtor
If you feel like rent is burning a hole in your pocket, it may be high time to jump into the real estate market and buy your first home. The problem is that signing away your life’s savings for a … Read the rest
5 Backyard Design Ideas That Your Dogs Will Love
If you’re like most of us dog owners, you’ve been spending and plan to spend a lot of time with your pooches this year. This means it’s the perfect time to make the backyard more inviting to both you and … Read the rest
Exterior Home Remodeling Projects to Increase Curb Appeal
When choosing home remodeling projects, a major consideration in the projects you ultimately decide to undertake involves how much value the given projects will add to your property come resale time.
To this effect, a great way to add some … Read the rest
Important Factors to Consider When Buying a New Home in 2020
Purchasing a new home can not only provide a sense of fulfillment and years of enjoyment, but it can also be a great investment, as the price of real estate has consistently ridden market highs and lows to appreciate in … Read the rest
Innovative Materials That Lower Home Energy Bills And Increase Property Value
Whether the time has come for a home remodel or you are looking to purchase a new home, attention to the building materials of the home is incredibly important, as the proper use of innovative materials will lower your energy … Read the rest
All-Time Lows
Mortgage rates are at all-time lows…largely, because of economic concerns with Covid-19.
Mortgage pricing is based on numerous factors. Base rates are pinned to mortgage backed securities (MBS) which compete with Treasury, and similar interest-bearing instruments for investor money. Lenders … Read the rest