Home Ownership Workshops (HOW) are a series of free web classes designed for First Time Home buyers to educate them on different aspects of the home buying process. The webinar will cover the following topics:

There are exactly 65 days left to qualify for the $8000 First Time Buyer’s Credit. You must be in contract by April 30,2010 and close escrow by June 30th. You can buy a home up to $800,000 and have an income as high as $225,000 for a couple or $125,000 for a single person. We have homes to show you, so why aren’t you looking? Seriously. This price range is hot, hot, hot and we are seeing multiple offers, once again, which means you must be out looking every weekend.

Conforming Rates – 30 Yr Fixed

Ladies and Gentlemen, it’s been a good ride. Low interest rates have been here for a long time. Beginning with Greenspan’s Fed, and continuing through to today. But folks, they won’t stay for much longer. My crystal balls,

Over all Foster City is the healthiest market in our area. Prices are up and we’re seeing that there were 2 months where prices exceeded the list price. This is something we haven’t seen in several years. Foster City sits in a perfect location for commutes to bio-tech or hi-tech, east bay or the City.

We saw about 10% of the listings sell and it takes a long while for the listing to sell. The listings are seeing price reductions in most, but not all cases. The difference between the Median list price and the Median sold price is 23% so someone hasn’t figured it out yet and that’s the seller. Be patient and you’ll get your deal but be sure your house has been sold before even making an offer in today’s market.