Wonderful Weds Morning to all, Economic news : CPI flat which is good news. Germany bans naked short sales..........which is shaking up the markets. Rate Guard Update Have a great day! 05/19/2010

BENICIA REAL ESTATE-WHAT IS CONTINGENT VS. PENDING Many clients are mystified by what the difference between a property that is contingent versus one that is pending.  Hopefully, I can clear some of that confusion up for everyone.  When you as a buyer place an offer on a property and a seller accepts, you are given a certain number of days to complete your contingencies.  A contingency can be an inspection, an appraisal, loan verification, etc.  Typically in California the purchase contract allows for standard timeframes for each contingency.  Acceptance begins the day after the acceptance date.  So if you get a contact back from the seller on May7th, the clock starts ticking on your contingency period begins on May 8th.  LOAN APPLICATION, meaning within seven days after acceptance, buy... 05/18/2010

Terrific Tuesday morning to all, Morning economic news: Housing starts were up, PPI -Food + Energy tame. Market Emotion is focused on earnings, the eyes are off Europe for the present. Rate Guard Update Have a great day! 05/18/2010

Quick update with bonds, We lost ground with bonds today W-St started feeling better mid- day. Economic news coming this week CPI, Consumer confidence PPI,FOMC minutes, and Jobless claims. When at lofty levels with bonds....... Be careful! Positive readings with the above can impact where bonds wind up. Rate Guard Afternoon Update The real impact of Europe's sovereign debt issues will continue to eek in and out of the markets. Most of the other PIIGS have started to take steps to address finance issues..............however the EU is on shaky ground. The major concern is the ability to re-pay debt in the future.  Stay tuned if the bottom drops out of the credit markets abroad it will have an impact here at home also. Have a great afternoon. 05/17/2010

Marvelous Monday morning to all, Positive opening with bonds this morning. Market emotion is still focused on Europe's debt issues. Rate Guard Update Have a great day! 05/17/2010

SUPER SUNDAY TO ALL, Global economic fears have rates literally on FIRE. W-St + Bonds (MBS) - trading has been extremely choppy...... Be careful bonds might not stay in the stratosphere for ever= GREAT RATES! Rate Guard on FIRE UPDATE Enjoy the rest of the weekend. 05/16/2010

BENICIA REAL ESTATE STATITISTICS WEEK OF MAY 7TH This week Benicia Real Estate saw a lot of activity for its market size.  12 homes were new to the for sale market, three homes that were for sale got accepted offers and went contingent.  Nine homes went pending and eight homes were sold.  Listings per Status     Days On Market Half of the homes listed for sale, were in the market for less than 30 days.  One quarter of the Benicia homes for sale were on the market between 31 and 60 days and the other quarter were on the market for over 120 days.   Listing vs. Sales Price Of the homes that were for sale in Benicia, those that were aggressively priced to sell and on the market for less than 30 days, actually saw a "bidding up" in price to fair market value or higher.  The longer the days o... 05/15/2010

Fabulous Friday morning to all, Positive economic news today but long term fears with Europe dominate market emotion. Be careful! Take the gains and run! Rate Guard Update Have a great weekend! 05/14/2010

Terrific Thursday Morning to all, W-St pulls back a hair with jobless report and tech sector earnings. The 10yr auction results today will move the market so be careful. Rate Guard Update Have a terrific day! 05/13/2010

Wonderful Weds Morning to all, We had a coupon rollover this morning...........meaning new 4.5% FNMA coupon. The trade balance widened a bit and W-St is feeling much  better with Europe concerns for now........... Rate Guard Update Have a great  day! 05/12/2010

Terrific Tuesday morning to all, Global economic fears dominate market emotion early this morning. Economic news is positive with business inventories up. Be careful as we are in rarified air with bonds. Rate Guard Update Have a great day! 05/11/2010

 Marvelous Monday morning to all, No economic news today, however the EU and IMF agreed to a 1trillion $ bailout. W-ST is up 400pts so bonds will be under pressure today. Rate Guard Update Have a great day! 05/10/2010

  A quick re-cap of trading with bonds today+ a Huge Thank You to my daughters Benicia Fast Pitch softball team sponsor. It was my daughter's 1st year playing softball and she had a blast. The Benicia Fast Pitch league is made possible by generous sponsors like Lory Hammond with Coldwell Banker here in Benicia. Rate Guard evening re-cap. Have a great weekend! 05/07/2010

Fantastic Friday morning to all, What a wild ride yesterday! Grab the gains with bonds + rates! Economic news, solid gains with jobs however unemployment is up at 9.9%. Rate Guard Update Have a great day! 05/07/2010

Terrific Thursday morning to all, Positive opening with bonds. Mixed economic news this morning. We are in rarified air with bonds.............enjoy the rally but don't get greedy. Rate Guard Update Have a great day! 05/06/2010

Wonderful Weds Morning to all, More positive economic news with private sector jobs up +ISM. Market emotion is heavily influenced still by Europe's issues. Rate Guard Update Have a great morning! 05/05/2010

Terrific Tuesday to all, Great morning opening boosted by Europe fears + China fears. Economic news was rosy with factory orders up and pending home sales also up. Rate Guard Update Have a great morning! 05/04/2010

SELL MY BENICIA HOUSE-FREE HOME WARRRANTY FOR YOUR BUYER IF YOU LIST WITH ME IN THE MONTH OF MAY There comes a time when almost everyone will need to sell their Benicia house.  If could be because you have outgrown it with an increasing family or you want to downsize because you find yourself an empty nester.  You may have been transferred, promoted or found a better opportunity further away.  In these tough economic times, you may find that for one reason or another; you can no longer maintain the payments and have to explore the option of a short sale. Whatever the reason, I'm sure your goal is to sell it in the shortest amount of time, at the best possible price and with the least amount of stress.  This is where my expertise can help you sell your Benicia house.  During and after th... 05/03/2010

BENICIA REAL ESTATE STATISITCS FOR APRIL 2010 Benicia real estate seems to be holding its own this month.  There were a total of 32 sales of single family homes in Benicia.  The good news for Benicia real estate is in the fact that the average listing price was $355,547, but the sales price was $352,462.  This means that property was selling for 99% of their list price, which means there is demand for homes in Benicia.  If you are thinking of selling your Benicia home, please contact me so we can determine what the best price to list your home for to get it sold in the fastest time, at the best price with the less stress. Address Listing Price Selling Price   940 W K St Benicia, CA 94510 450,000 460,000   374 E 2nd St Benicia, CA 94510 260,000 260,000   335 E L St Benicia, CA 94510 525,... 05/03/2010

Marvelous Monday Morning to all, Positive economic news this morning with ISM Manufacturing and Construction Spending up+ Personal consumption up also. Greece has been bailed out, Goldman is under fire. Rate Guard Update Have a great morning! 05/03/2010