Mortgage Rates Attractive to Home Buyers
Image via Wikipedia Mortgage rates are continuing to stay flat due to unemployment concerns. This week the US Treasury will auction off $81 Billion worth of debt and investors are concerned that demand especially foreign demand will wane due to all the debt that has come into the market over…
Mortgage Rates Expected to Rise Slightly
Mortgage rates have climbed a bit this past week due to strong earnings in the stock market, which has pushed the dow over 10,000.  On the other hand we are now seeing higher fuel prices, which is generally a strong inflation indicator and this is not good for rates.  In addition, jobs…
Multiple Offers on Silicon Valley Homes For Sale
As inventory is being rapidly absorbed at the lower end of the real estate market in Silicon Valley, it causes upward pressure in the middle market (under $1 million). Here are several examples of recent multiple offers in Cupertino, west San Jose, Sunnyvale and Campbell (compiled by Alain Pinel Realtors…
