Pam Winterbauer...."Your Trusted REALTOR®"

The Office of Federal Housing Enterprise Oversight (OFHEO) today announced it has temporarily increased limits on conforming loans offered by government-sponsored enterprises, Fannie Mae and Freddie Mac, from $417,000 to as high as $729,750 in fourteen counties in California for loans originated between July 1, 2007 and Dec. 31, 2008. Fannie ...

The Boards of Directors of the Contra Costa and Bay East Associations of REALTORS® have signed Statements of Intent to participate in a statewide Multiple Listing Service (MLS) being created by the California Association of REALTORS®.  Both organizations have been working with neighboring MLSs for over three years to expand access to ...

Although the national foreclosure rate rose 79 percent between December 2006 and December 2007, the rate was still only 1.033 percent of all homes. This is a regional problem, not reflective of the overall real estate market. MAKING SENSE OF THE STORY FOR CONSUMERS Foreclosure statistics are rarely presented in context. Because about 30 percent ...

Home values are still high despite the recent decline of home sales prices.  Compare January 2008 with the same month five and 10 years ago and you'll see home values have increased significantly.  Why look back this far?  Sales price information from several years back can be more valuable than month-to-month or year-to-year ...

Housing Inventory Snapshot Febuary 28, 08 Average List PriceMedian List PriceAverage Days On MarketSanta Clara County, CASingle Family under $1M$628,249$605,00077Single Family over $1M$2,083,382$1,500,00072Condo/Townhome under $600K$403,229$399,00076Condo/Townhome over $600K$789,552$719,95059San Mateo County, CASingle Family under ...

More than half of C.A.R. members have never been through a down cycle, and many find the current housing slump deeply disconcerting. To navigate this market, it’s helpful to know a little bit about how people behaved during the last market downturn in the early 1990s, and during the recession of 2001. Even REALTORS® who were ...

To navigate this market, it’s helpful to know a little bit about how people behaved during the last market downturn in the early 1990s, and during the recession of 2001. Even REALTORS® who were working then should tread carefully, though, because much about this cycle is uncharted territory. “The experience we’re ...

To navigate this market, it’s helpful to know a little bit about how people behaved during the last market downturn in the early 1990s, and during the recession of 2001. Even REALTORS® who were working then should tread carefully, though, because much about this cycle is uncharted territory. “The experience we’re ...

Everyone has seen the news that the Fed has cut interest rates several times recently.  The general public naturally thinks mortgage rates have been going down.  Unfortunately that is not the reality.  The 30 year fixed rates are up over .5% since the last Fed cut.  The big news that most people miss pertaining to the recent ...

Today I have an audiance with Mike Sweeney, Hayward mayor at the Central County Marketing Meeting.  Mr. Sweeney was there to educate us on some of the workings that are taking place in Hayward. Here is some of the news:New Downtown Theatre due to open in October/November 2008 They have a new City Manager that adds flavor to the City Speaking ...