Jumbo reverse mortgages are a popular, equity-based financing option in the San Francisco Bay area. That's because we have relatively high home prices here in the Bay Area, and the jumbo reverse mortgage allows homeowners to tap into more of…
Ever since the coronavirus pandemic began, we've heard reports about people leaving California for less crowded and/or more affordable states and housing markets. A recent report from the California Policy Lab backed this up with some data-based insights. The bottom…
First-time home buyers who are considering the VA loan program tend to have a lot of questions about how the program works including the minimum requirements. Today, we'll address one of those common questions: In California, do VA loans require…
When buying a home in the Bay Area, you could write an appraisal contingency into your purchase offer. Or not. Some buyers choose to waive this contingency, to make their offers more attractive to sellers. That's a common strategy in…
If you're a Bay Area homeowner above the age of 60, and you currently own a home, you've probably heard a lot about reverse mortgage loans. TV, magazine ads, direct mail. Everywhere you turn, banks and other financial institutions are…
The California housing market has changed a lot over the past couple of years. During 2021, we witnessed a record-breaking increase in home prices and sales activity, among other major changes. Those trends have a lot of first-time home buyers…
What's the best type of mortgage loan for first-time home buyers in California, fixed or adjustable? The truth is, it depends on the situation. Here's what you should know about fixed and adjustable-rate mortgage loans when buying a home in…
Key highlights from this report: Bay Area housing market forecasts for 2022 predict rising prices But we might see a cooling trend, in terms of annual price growth Even so, the real estate market will remain competitive in 2022 Home…
Another year, another increase for Bay Area FHA loan limits. That has been the pattern for several years in a row now, and it seems that 2022 will follow suit. At the end of November, the Department of Housing and…
The San Francisco Bay Area is one of the priciest real estate markets in America. The median home value in this region of California rose above $1.3 million earlier this year. As a result, most home buyers who purchase a house in…
