Real Estate blog

Archive for December, 2006

The financial well being of the condominium corporation is an important consideration. Buying on into a condominium corporation that is insufficiently funded to operate and maintain common elements is a risky proposition.
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Absorption Rate is defined as: An estimate of the rate at which a particular classification of space - such as new office space, new housing, new condominium units and the like - will be sold or occupied during a specific time frame.

This is an important number for Buyers because it gives you a general ideal of the market conditions in a given area. Equally important for Sellers as it is a good indication, (when used in conjunction with our pricing grid) of what to expect in terms of “Days on Market”. Higher rates are an indicator of better market conditions.

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The FHA Mortgage Limits Maximum is now $729,750

On Wednesday, the government raised the mortgage loan limits in several high-cost California counties for home loans guaranteed by the Federal Housing Administration.
14 counties in California will be included and they are:

Alameda
Contra Costa
Los Angeles
Marin
Monterey
Napa
Orange
San Benito
San Francisco
San Mateo
Santa Barbara
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Another great area at Deer Valley Resort to consider building your dream ski home would be in the Deer Crest gated ski in ski out community.┬а So you haven’t found that perfect ski home to fullfill your dreams then┬аvisit Deer Crest Lots for Sale to view all the current lots for sale from all the local Park City┬а brokerages.

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