Money in Your Pocket…Real Estate Strategies for Today’s Market

Sure fire ways to put money in your pocketare to recognize where the opportunities are in this market. Today, our Wells Fargo loan rep told us that rates have continued to drop to the point that jumbo loans are around 4.5% and adjustible loans are the 2% range! Wow, maybe now is a great time to refi.

Second, when I search property segments in San Francisco the one segment that continues to weaken are luxury homes over $2million in District 5 (Noe Valley, et. al.). The deals are continuing to get better and better. Pick one and offer at least 20% less than asking.

Third, buy in Sonoma wine country. This desirable market is down by 50% and will rebound in a big way as the recovery kicks in. I see folks making big returns here. I’ve joined the North Bay Board of Realtors and I’m showing property in Sonoma to City clients. Let me know when you’re ready to go.

Here’s to finding the ’silver’ lining….

All the Best,

Lance