Archives: March, 2009

Bob Ravasio — March 27, 2009, 5:54 pm

Mortgage Rates At Record Low - If You Don’t Buy Now, When Do You?

Mortgage giant Freddie Mac said mortgage rates hit their lowest rates in 38 years of tracking the data, with the national average at 4.85%, according to this San Franciso Chronicle article.
And it is not just in the rest of the country - Gina Kemsley of RPM Mortgage in our offices here is offering a […]

Bob Ravasio — March 22, 2009, 3:16 pm

Marin Real Estate Prices Have Fallen, But Not As Much As The Newspapers Say

Last week’s Marin Independent Journal had another screaming headline about the collapse of the housing market: “Marin Home Prices Fall Another 26%.” Thank goodness it’s not true.
While there was more information in the body of the article, for those who read that far, it made it clear that the reason average sale price has […]

Bob Ravasio — March 5, 2009, 4:35 pm

Tax Cuts For Home Buyers In Marin County

In case you missed it in the fine print of the stimulus package, or in the California budget package, California home buyers benefit from two tax cuts if they purchase in 2009.
First, there is an $8,000 credit for first time home buyers from the federal government. The home must be owner occupied, and you […]