Blog Probes Real Estate Models

www.REALonomics.net is a blog that is asking serious questions about where the real estate industry is going. More specifically, REALonomics poses challenges to the broker/owners to adopt models that will allow their organizations to become more transparent.REALonomics.net advocates that the industry open up the property information portals to consumers and …

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Question: Who determines interest rates?

Answer: The market.

This is an instructive article to help explain why further Fed rate cuts may not result in lower interest rates (highlights are mine and I have added some small editorialized remarks as well – just can’t help myself). If any of this does not make sense to you …

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MORTGAGE UPDATE

Lisa asked me to participate with this blog by posting the weekly market update I send to my clients and business partners. My plan is to post these updates once a week, so come back every week to check out the most current one.

I hope you find it usefull and feel free to contact me …

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New Report on Selling Property is now Available

Today, the Marketing Masters of Sonoma County published a report on ‘How to Successfully Move in a Tough Market’. For a free copy, please contact Lisa Thomas at 707-579-LISA.

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More on Today’s Real Estate Market

On Tuesday of this week, the Feds slashed the Federal Funds rate and the Discount rate by three-quarters of a percentage point. This move is a positive sign for homebuyers as well as homeowners with adjustable rate mortgages – the cut puts more downward pressure on mortgage rates. Rates have been moving down for …

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What’s the Fed’s cut mean for me?

The Federal Reserve lowered its federal funds to 3.5 percent from 4.25 percent, which impacts how much consumers pay on credit card debt, home equity lines of credit and auto loans. This marked the biggest one-day rate move by the central bank since it cut its discount rate by a full percentage point in December …

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Huge Interest Rate Drop!

The Fed surprises with an aggressive 75 basis point inter-meeting cut in the Fed Funds target rate, bringing the policy rate down to 3.5 percent – which makes our Prime Rate 6.50% and this will have an immediate impact on HELOCs. The Fed concurrently cut the discount rate 75 basis points bringing that …

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Equus 2008 Award Ceremony

This year’s Equus Awards, put on by the Sonoma Horse Council, will be held on March 15th at the Flamingo Hotel in Santa Rosa. Every year, the Sonoma Horse Council honors those horsepeople among us who have contributed their time, effort and talents to the wider equestrian community, particularly those people who are doing good …

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Country Property Market is Strong!

The Country Property Market is Strong!I’ve recently completed an analysis of the Sonoma County country property market and it tells a vastly different story from what you’re reading in the national and local press. Much of what is affecting home prices today has to do with entry level …

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For Sale By Owner

If you are trying to sell your home on your own in Sonoma County, you can advertise you home for free on this web page. Just sign up as a Blog Author and create a post that describes the features of your home. You can add photos and direct visitors to email you for more …

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