Newark, Ca. Real Estate and loans
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Bay Area home prices, sales fall in August from July

Bay Area home prices, sales fall in August from July | Newark, Ca. Real Estate and loans | Scoop.it
San Francisco Bay Area home prices and sales fell in August from a month earlier, as the red-hot housing market in this tech-flush region showed some signs of slowing in late summer.
Rainbow Funding's insight:

Could this be a sign of things to come?  Are house prices comming down?  Is now the time to sell?

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California housing affordability declines as home prices rise

California housing affordability declines as home prices rise | Newark, Ca. Real Estate and loans | Scoop.it
California's post-recession moment for housing affordability appears to be ending fast.
Rainbow Funding's insight:

Good article about home prices and how they are rising fast!  Buying a home in California is not easy.

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Detroit homes still selling for $1

Detroit homes still selling for $1 | Newark, Ca. Real Estate and loans | Scoop.it
For those who were worried about being priced out of buying a home, look no further than Detroit, where eighteen homes are listed for $100 or less, and nine listed for one dollar. According to the
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Bay Area home prices post record gains, sales fall in June

Bay Area home prices post record gains, sales fall in June | Newark, Ca. Real Estate and loans | Scoop.it
Bay Area home prices saw record gains in June as the median sale price rose 33% from a year earlier.
Rainbow Funding's insight:

Have you thought about selling you home?  The forcast for the latimes is that prices are about to stablize.  What do you think?

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Anian Tunney Piedmont CA Real Estate Agent Broker Discusses the California Association of Realtors May 2013 Home Sales and Price Report

Piedmont Oakland, CA (PRWEB) June 22, 2013 Anian Tunney Piedmont CA real estate agent broker discusses the California Association of Realtors® (CAR) May 2013 Home Sales and Price Report as reported in their press release published on June 17,...
Rainbow Funding's insight:

What I took away from this report is that we are doing better.  See below

"Tunney points out that for Alameda County, the median sold price of existing single-family homes increased 34.4 percent from a year ago. Inventory supply was down to 2.1 months from 2.5 months a year ago, and the median time on the market dropped to 48.2 days from 64.3 days a year ago, a 25 percent drop."

Read more: http://www.digitaljournal.com/pr/1320114#ixzz2XA0vqzzx

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Patch Map: Fremont Property Values Continue to Climb

Patch Map: Fremont Property Values Continue to Climb | Newark, Ca. Real Estate and loans | Scoop.it
Home prices in Fremont have risen significantly in the past year. The median price of the 56 homes sold in the 94536 zip code in April was $494,500, a
Rainbow Funding's insight:

Would you like to see what your home is worth?  Check this link and put in yoru zip code, it's as easy as that!

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Altos Research - How's the Market?

Altos Research - How's the Market? | Newark, Ca. Real Estate and loans | Scoop.it
Mortgage interest rates across the US as of June 1, 2013. Source: Altos Research   That's a big move, people. See last week's post for our current
Rainbow Funding's insight:

Many people predict that we are nearing the peak.  If you ever planned on selling your home now would be the time!  Rates are climbing and home prices are high.  I think we are nearing the "now or never" phase.  

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Six Most Expensive Homes Currently For Sale On realtor.com

Six Most Expensive Homes Currently For Sale On realtor.com | Newark, Ca. Real Estate and loans | Scoop.it
With a newly-listed mansion grabbing hold of the title for 'most expensive home', realtor.com explores the six priciest pads currently on the market.
Rainbow Funding's insight:

Anyone interested in buying one of these homes give me a call at 1800 782 LOAN.  Rainbow Funding can do this for you.  I'll even take only a 1% commission on any one you choose.  

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Cash Flow Properties that make sense!: Getting what you pay for in Investment Real Estate

Cash Flow Properties that make sense!: Getting what you pay for in Investment Real Estate | Newark, Ca. Real Estate and loans | Scoop.it
Rainbow Funding's insight:

Wow this guy makes over $1 million a year investing and renting property!  Good advice and help on this blog.  Check out www.rainbowfunding.wordpress.com for more information

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When is it The Best Time to Apply for Mortgage Refinance? | Real Estate Investing, Real Estate Blog - Stimul Realty

When is it The Best Time to Apply for Mortgage Refinance? | Real Estate Investing, Real Estate Blog - Stimul Realty | Newark, Ca. Real Estate and loans | Scoop.it
In the current economic landscape it might become acutely apparent that the debt obligation that you have may no longer be payable. Therefore, you can use mortgage refinance
Rainbow Funding's insight:

Good advice.

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Real Estate "Flash Sales" Prove Market Is Hot

Real Estate "Flash Sales" Prove Market Is Hot | Newark, Ca. Real Estate and loans | Scoop.it
If you’re looking for a home in the Bay Area, you will probably need two things on your side: luck, but most of all – cash.
Rainbow Funding's insight:

This is happening all over the Bay Area and Newark is no exception.  At Rainbow Funding we sold 3 houses to the same buyer and were told that if we wanted they could pay all cash!  Homes in this area will go for a lot more in the future and these investors know it.

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YOU Magazine - May 2013 - A Simple Truth Attitude is Everything

YOU Magazine - May 2013 - A Simple Truth Attitude is Everything | Newark, Ca. Real Estate and loans | Scoop.it
Rainbow Funding's insight:

I know there are a lot of these out there but I found this paticullary inspiring. 

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Community Village Sites's comment, May 3, 2013 6:30 PM
Your scoop it number has really jumped up quick. Excellent work!
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HUD-Owned Homes Expected to Surge

HUD-Owned Homes Expected to Surge | Newark, Ca. Real Estate and loans | Scoop.it
The U.S.Department of Housing and Urban Development is reportedly going to be releasing more of its homes to the market, which could be welcome news to buyers who have faced slim pickings in for-sale...
Rainbow Funding's insight:

This is great news for first time home buyers who are having problems buying houses against investors with all cash offers.  Maybe this will even the playing field.  What effect do you think this will have on the market?

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Real Estate Market Sees Spike in Sales

Real Estate Market Sees Spike in Sales | Newark, Ca. Real Estate and loans | Scoop.it
Santa Clara County reports 26.1 percent increase in sales in July, compared to last year.
Rainbow Funding's insight:

Yep, this is going on all over.  Houses for sale and plenty of buyers

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Sellers List Homes at Steady Pace

Sellers List Homes at Steady Pace | Newark, Ca. Real Estate and loans | Scoop.it
Month-over-month listings increase over 40% in key California markets, says San Jose, CA-based Realtor.com.
Rainbow Funding's insight:

homes risen almost 6% since last year!

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13 Detroit Houses You Can Buy For Less Than $100

13 Detroit Houses You Can Buy For Less Than $100 | Newark, Ca. Real Estate and loans | Scoop.it
If you're willing to buy a fixer-upper. ;
Rainbow Funding's insight:

Talk about feeling good you live in California.  $1 for a house?  I wonder how that works.....

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Andrew Kyriakou on Today Tonight - Outrageous Video Marketing | Real Estate Training

Andrew Kyriakou on Today Tonight - Outrageous Video Marketing | Real Estate Training | Newark, Ca. Real Estate and loans | Scoop.it
One of my clients, Andrew Kyriacou, appeared tonight on Today Tonight, and showcased his unique style of video marketing.
Rainbow Funding's insight:

I know it's Australia but it's still a genius way to market you house for sale.  

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Courting the Chinese Buyer

Courting the Chinese Buyer | Newark, Ca. Real Estate and loans | Scoop.it
Event recap for Courting the Chinese Buyer: The New California Real Estate Boom
Rainbow Funding's insight:

I think this article is on the right track.  The question is though, where are the Chinese buyers get their money and what inspired so many of them to invest right now?  I think there is more than just a large of influx of Chinese coming to the Bay Area.  I think we have yet to even scratch the surface.  

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LOV's comment, June 21, 2013 3:17 AM
The U.S. puts a lot of money into China for manufacturing.
China puts a lot of money into the U.S. as well...
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California home prices jump 26 percent in May

California home prices jump 26 percent in May | Newark, Ca. Real Estate and loans | Scoop.it
SAN DIEGO—California home prices surged to their highest level in more than five years last month as demand outpaced a thin supply of properties, a research firm reported Thursday.
Rainbow Funding's insight:

This market is insane!  Some say that we have reached our peak others are saying it is going to continue to rise.  We jumped 26% in May!  Hold on this is going to be a wild ride, I just hope the big drop at the bottom isn't too scary.  

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Editorial: Money scams: If it sounds too good to be true ...

If it sounds too good to be true, it probably is.
This adage can easily be applied to the recent stories about “payday” scams....
Rainbow Funding's insight:

Just some good solid advice from Rainbow Funding

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5 Secret Stats that Matter to House Hunters

5 Secret Stats that Matter to House Hunters | Newark, Ca. Real Estate and loans | Scoop.it
There are some basic statistics that we all know buyers want (and/or need) to know, in every market climate. The average number of days a home stays on the m...
Rainbow Funding's insight:

Just some good common sense advice for those of you looking for a home.  

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Bay Area median home price hits $510,000

Bay Area median home price hits $510,000 | Newark, Ca. Real Estate and loans | Scoop.it
Bay Area median home price hits $510,000 Eager Bay Area buyers propelled the region's median home price above a half-million dollars in April - its highest point in almost five years - reflecting a market continuing to rebound, according to a real...
Rainbow Funding's insight:

Prices keep raising and raising.  Incredible

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U.S. Won't Be Nation Of Renters

U.S. Won't Be Nation Of Renters | Newark, Ca. Real Estate and loans | Scoop.it
Even during a time when it is difficult for Americans to qualify for a mortgage, the United States will not become a nation of renters, according to the National Association of Realtors®, (NAR)
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Menlo Park Green Lights Facebook Expansion

Menlo Park Green Lights Facebook Expansion | Newark, Ca. Real Estate and loans | Scoop.it
Deal means millions of dollars for the city.
Rainbow Funding's insight:

What does this mean for Newark?  Well Facebook is just across the bridge.  Homes in Newark are cheaper than Palo Alto and a shorter commute and $5 bridge toll is not out of the question.  If Newark can market itself as a better solution than we could see home prices rise to the same level as they are across the bridge.  This all depends on the city council and Mayor getting out there and doing it.  What do you think?  

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Students Predict Invisibility, Light-Speed-Travel in 50 Years

Students Predict Invisibility, Light-Speed-Travel in 50 Years | Newark, Ca. Real Estate and loans | Scoop.it
In this Patch video a team of rocket 'scientists' from Newark Junior High look 50 years ahead and see colonies on Mars and under the oceans -- if we don't destroy ourselves.
Rainbow Funding's insight:

Way to go Tom Collett.  You are truely an inspiring teacher.  We are lucky to have you here in Newark, Ca.   

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