The Ax Falls On Hud

Business people at work

 President Donald Trump proposed his budget for the 2018 fiscal year which would include a $6.2 billion cut to the U.S. Department of Housing and Urban Development. This cut represents an annual decrease of 13.2% and would allot $40.7 billion in gross discretionary funding for the agency. A report from the Office of Management and

Sales Increase in Danville Real Estate Market

shutterstock_195873761

The number of home sales in the Danville market climbed 24.2% to 41 homes over the last 30 days, coming close to the 53.9 monthly average for the last 12 months. At the same time, close-by Oakland reported 218 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up

Hot Bay Area Housing Market Cools Just a Bit

shutterstock_556528648

Bay Area home sales sagged in December from a year earlier, but — continuing a nearly five-year trend — the median price of a single-family house continued to climb. For the nine-county region, the median price was $680,000 in December, up 3 percent from December 2015, according to CoreLogic, the real estate information service. Discounting

Take Appreciation Lessons From Warren Buffett  

Take Appreciation Lessons From Warren Buffett  

Billionaire and renowned investor Warren Buffett has seen mammoth appreciation for a getaway home he owns in Laguna Beach, Calif. He purchased it in 1971 for $150,000. Now Buffett is selling the six-bedroom, 6.5-bath home for $11 million. Are there any lessons from Buffett’s savvy investment that others can draw from who are looking for

Small Is Beautiful  

Small Is Beautiful  

When shopping for a new home, bigger is better, right? When it comes to roomier closets and more spacious kitchens, probably — but not so much when considering the return on your investment. According to a NerdWallet analysis of three years of data from Realtor.com for 20 of the largest U.S. metro areas, smaller homes

Is This the New Normal?  

Is This the New Normal?  

The homeownership rate is on the decline again. The latest numbers reflecting the fourth quarter of 2016 show the homeownership rate fell from 63.8 percent a year earlier to 63.7 percent, the Census Bureau reported. While the drop may seem slight, it reflects an overall trend for homeownership in the country for the past few

February is home buying time

Fotolia_108336592_Subscription_XXL

Frigid temperatures and treacherous winter weather are here to stay a little while longer, since the groundhog Punxsutawney Phil saw his shadow this morning, signaling six more weeks of winter. Read more: Study: January, February Great for Buying This weather prediction may even bring more deals for buyers wanting to kickstart their home search. Typically winter months

Three Factors That Affect Your Moving Estimate

Factors That Affect Your Moving Estimate

Factor in the cost of moving as you move into a new house. When moving to a new home, it’s important to know what costs you’re going to incur. Of course, you know that the mortgage, inspection, taxes, insurance, and fees are going to take out a sizeable chunk of your income. While you’re calculating