805 Local

Many of our readers know that 805Local answers questions on Trulia.com.  Recently we received a Two Thumbs Up BEST  ANSWER on Trulia for the answer to a question dealing with multiple offers. 
Here’s the question from a home seller in San Jose, CA –
 
“After my home was on the market for four months, I suddenly received [...]

It’s called Broker Tour, Broker Caravan and/or sometimes just Caravan.  But the question is: “what happened to caravan?”  The purpose of caravan is to have a property open to the Realtors to go preview – usually new listings - within a specific time period each week. 
Last week in Camarillo there was a total of one property [...]

We have been waiting for this to happen but we are announcing it is official — multiple offers are back.  How long will this new phenomenon continue in style is any body’s guess.  We have seen increased activity and multiple offers on listings that  have been sitting with little or no action.  Then boom –there are four offers.  [...]

So it’s our turn to ask you a question — what’s the deal with so many people wanting one-story house?  

Are people just tired of a two-story house?
Do baby boomers not want to climb steps?
Are one-story homes easier to clean?   Paint?
Is it easier to live on one level?
Are one-story homes cooler?
Are fewer one-story homes built? 
Bad knees?  [...]

You have heard about it — the Federal tax credit for first time home buyers   – but what is the bottom line? 
Here you go, just the facts regarding the Federal tax credit:
-The credit for first time home buyers applies to new and existing homes.
-Homes must be bought between January 1 and December 1 of 2009.
-The credit is [...]

Did you ever see that WalMart commercial that says “we are rolling back prices?”   That is exactly how I feel when I look at today’s real estate prices.  So this got me thinking – dangerous.  When was the last time that Ventura County home prices were at the approximate same level as today?   I started searching other [...]

One of our favorite television shows is Frazier.  So much so that we went twice to see the show taped.  Frazier plays a radio psychologist who gives out advice but is constantly in some type of personal dilemma.  We would like to ask Frazier a question about Ventura County home buyers.  We think the phone call would [...]

So you want to buy a house, but you don’t know what you qualify for.  You know how much you want your total payments to be, but you don’t know how much house that will buy.  What about property taxes and homeowner’s insurance?  How much would that be?  How much do you need for a down [...]

Neil Cavuto gives simple answers to the housing market in this two minute video.  It’s worthwhile!

Your lost in space, “with no direction home!” (apologies to Bob Dylan’s “Like a Rollin’ Stone”) I know that it’s been a crazy real estate market out there, but can you remember the last time interest rates were this low AND home prices were also this low?  I can’t either.  So why are you having a [...]