Friday, December 23, 2011

5 Cities With Big Holiday Spenders

I believe they missed out Milpitas as it is smaller city-I was there last night at 8pm and we were looking for cars to leave so we could park!

The following is a recent list of the expected top-holiday spending cities featured at The Atlantic: 

1. Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.V.

2. San Jose-Sunnyvale-Santa Clara, Calif.

3. Bridgeport-Stamford-Norwalk, Conn.

4. San Francisco-Oakland-Fremont, Calif.

5. Boston-Cambridge-Quincy, Mass.-N.H. (tied)

5. Trenton-Ewing, N.J. (tied)

http://realtormag.realtor.org/daily-news/2011/12/23/5-cities-big-holiday-spenders

Shan Saigal
Broker-Referral Realty Silicon Valley
Direct:  408-505-9302 /Dre#00768704

Posted via email from Real Estate-How's the Market?

Wednesday, December 21, 2011

Fannie: Economy Ends Year on More Upbeat Note

Economic growth, an improving job picture, greater consumer spending, and slight improvements in the housing market are all recent indicators that 2011 is ending on a much brighter note, Fannie Mae reports in its fourth-quarter report.
http://realtormag.realtor.org/daily-news/2011/12/21/fannie-economy-ends-year-more-upbeat-note

Shan Saigal
Broker-Referral Realty Silicon Valley
Direct:  408-505-9302 /Dre#00768704

Posted via email from Real Estate-How's the Market?

Tuesday, December 20, 2011

Market Snapshot Newsletter Dec 2011

MarketSnapshot12_20111.pdf Download this file

Homes Are Very Affordable Now!

Shan Saigal
Broker-Referral Realty Silicon Valley
Direct:  408-505-9302 /Dre#00768704

Posted via email from Real Estate-How's the Market?

Monday, December 19, 2011

Not All REOs Come Cheap: Priciest REO Sold

The average foreclosed home sells for $182,489, according to RealtyTrac. But not all REOs come cheaper than other homes on the market: A bank-owned penthouse condo overlooking San Francisco’s Art District recently sold for $28 million, making it the priciest condo sale in the city’s history, MSNBC reports.
http://realtormag.realtor.org/daily-news/2011/12/19/not-all-reos-come-cheap-priciest-reo-sold
Shan Saigal
Broker-Referral Realty Silicon Valley
Direct:  408-505-9302 /Dre#00768704

Posted via email from Real Estate-How's the Market?

Thursday, December 15, 2011

Help with a down payment!

Beyond_the_Headlines__12811.pdf Download this file

Shan Saigal
Broker-Referral Realty Silicon Valley
Direct:  408-505-9302 /Dre#00768704

Posted via email from Real Estate-How's the Market?

Freddie Mac's 2012 Outlook: Housing to Slowly Gain Ground

Five outlook highlights:

  • Economic growth will likely strengthen to about 2.5 percent in 2012.
  • The U.S. unemployment rate will decline but likely remain above 8 percent.
  • Mortgage rates will likely remain very low, at least through mid-2012.
  • Housing activity will be better in 2012, but not robust.
  • Expect less single-family originations but more multifamily lending in 2012.
http://realtormag.realtor.org/daily-news/2011/12/15/freddie-macs-2012-outlook-housing-slowly-gain-ground
Shan Saigal
Broker-Referral Realty Silicon Valley
Direct:  408-505-9302 /Dre#00768704

Posted via email from Real Estate-How's the Market?