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10 Years of Homeowner Equity

$849,971 of Equity After 10 Years of Home Ownership

$849,971 in Total Homeowner Equity 10 Years After a Home Purchase In San Mateo County Purchase a $1,000,000 Home $200,000 Down Payment $480,244 in Appreciation $169,727 Paid on Principle Total Equity $849,971 Mortgage Payment for a $800,000 loan $3600 vs Rental Rate = $4000 For a homeowner, property taxes and mortgage interest are deductible. Consult your […]

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Woodside 3 Bedroom 2 Bath Median Prices

Woodside 3 Bedroom Median Home Prices 2005 to August 2016

Woodside continues to be a choice for those who want high end properties in an exclusive area. Woodside is among the wealthiest small towns in the United States. Many successful and well-known entrepreneurs and celebrities have made their homes in Woodside. Forbes has named Woodside in tenth place for the most expensive residential real estate in […]

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3 Bedroom 2 Bath Home Prices

Redwood City 3 Bedroom 2 Bath Median Home Prices 2005 to August 2016

Redwood City has seen phenomenal growth since 2010. It has been the choice for corporations causing a boom in employment and the demand for housing. Prices saw a steep increase from 2010. Strong bay area economy Limited inventory of homes for sale Low interest rate. The interest rate recently declined to 3.44%. Increase in employment. Redwood […]

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Net Worth & Home Equity

Net Worth to Rise Dramatically

Net worth will rise dramatically as home prices did from 2012 to 2014. A study by the Federal Reserve System finds that 61% of an American family’s net worth is in home equity. The average American Homeowner’s net worth peaked in 2007 to fall in 2010 following the same trend as median home prices. Median home […]

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2010 Net Worth of Homeowners vs Renter

2010 Net Worth of a Homeowner vs Renter

In 2010, the net worth of the average homeowner was $174,500. The net worth of the average renter was $5,100 according to a study released by the Federal Reserve System. That gap will widen dramatically after the stunning recovery in prices we have seen since 2011 is included in the analysis. Net worth is directly […]

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Dramatic Bay Area Median Home Price Increases 2005 to August 2016

                  Bay Area median prices for 3 bedroom  2 bath homes bounced back after the mortgage crisis price drop  and continued to increase at a dramatic rate beginning in 2011. Market Trends Strong demand for homes continues Low housing inventory continues Prices between $900,000 t0 $1,200,000 are […]

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Staged Home

The “Selling Trifecta” That Maximizes Sellers’ Profit Potential

A fair market price, Excellent marketing A well prepared staged home Marketing a home is creating a lifestyle that Buyers want. People do judge a book by its cover. 1. Curb Appeal Seasonal color, a well-manicured lawn and landscape, and a freshly painted front door all add value and interest to the home. 2. First Impressions Make […]

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