Canada Tops List of International Buyers of US Real Estate

By Dana Bambace | Published: March 28, 2012

CALIFORNIA, Florida & Arizona Top States for International Buyers Of the $107 trillion dollars in homes sales for the year ending in March 2011, $41 billion dollars of that was purchased by international buyers. Data compiled by the National Association of Realtors shows the transactions came from over 70 countries, with the top five purchasers being Canada, China, Mexico, United Kingdom and India. With 23% of this $41 billion, Canada is tops the list of international Buyers.  Canadians have increased … Continue reading Canada Tops List of International Buyers of US Real Estate

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Looking Back at 2011 – Year-over-Year Sales Review – Monterey Peninsula

By Dana Bambace | Published: February 21, 2012

2012 is already well under way!!   I trust the New Year has started off well for you and your family.    The local real estate market jumped into the New Year with a great amount of positive energy!  I personally had three properties in escrow within the first week of the New Year.   Those clients, just like many others, finally moved off the sidelines and were ready to take advantage of the great prices and deals available, not to mention the … Continue reading Looking Back at 2011 – Year-over-Year Sales Review – Monterey Peninsula

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Selling Your Home Over The Holidays – Good Idea?

By Dana Bambace | Published: December 17, 2011

Selling your Home over The Holidays – Good Idea?   The initial thought would be  “BAD IDEA.”   Simply give you home a rest from the market over the holidays.  And that is quite an understandable thought.   The list of justifications is long.  If you are too busy, buyers may be also, and you may find your efforts unrewarded by not enough showings.   The thought is, you can give your house a rest, and it will have better momentum after the holidays.   Then … Continue reading Selling Your Home Over The Holidays – Good Idea?

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Selling Your Home Over The Holidays – Good Idea?

By Dana Bambace | Published: December 17, 2011

Selling your Home over The Holidays – Good Idea?   The initial thought would be  “BAD IDEA.”   Simply give you home a rest from the market over the holidays.  And that is quite an understandable thought.   The list of justifications is long.  If you are too busy, buyers may be also, and you may find your efforts unrewarded by not enough showings.   The thought is, you can give your house a rest, and it will have better momentum after the holidays.   Then … Continue reading Selling Your Home Over The Holidays – Good Idea?

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Selling Your Home Over The Holidays – Good Idea?

By Dana Bambace | Published: December 17, 2011

Selling your Home over The Holidays – Good or Bad idea?   The initial thought would be  “BAD IDEA.”   Simply give you home a rest from the market over the holidays.  And that is quite an understandable thought.   The list of justifications is long.  If you are too busy, buyers may be also, and you may find your efforts unrewarded by not enough showings.   The thought is, you can give your house a rest, and it will have better momentum after the … Continue reading Selling Your Home Over The Holidays – Good Idea?

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Selling Your Home Over The Holidays – Good Idea?

By Dana Bambace | Published: December 17, 2011

Selling your Home over The Holidays – Good or Bad idea?   The initial thought would be  “BAD IDEA.”   Simply give you home a rest from the market over the holidays.  And that is quite an understandable thought.   The list of justifications is long.  If you are too busy, buyers may be also, and you may find your efforts unrewarded by not enough showings.   The thought is, you can give your house a rest, and it will have better momentum after the … Continue reading Selling Your Home Over The Holidays – Good Idea?

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November 2011 Local Market Report

By Dana Bambace | Published: November 23, 2011

The November 2011  Local Market Report for the Monterey Peninsula   HAPPY THANKSGIVING! “Expressing true gratefulness is difficult in one day, for grateful deeds span throughout the year. So along with your friends and family, wish everyone the heartiest thanks.  Happy Thanksgiving Day!” (anonymous)   Onto the monthly market updates….   MARKET News Good news! Lawmakers just voted last week to restore loan limits for the Federal Housing Administration (FHA)  to pre-Oct. 1 levels.    Do note, the restoration will … Continue reading November 2011 Local Market Report

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November 2011 Local Market Report

By Dana Bambace | Published: November 23, 2011

The November 2011  Local Market Report for the Monterey Peninsula   HAPPY THANKSGIVING! “Expressing true gratefulness is difficult in one day, for grateful deeds span throughout the year. So along with your friends and family, wish everyone the heartiest thanks.  Happy Thanksgiving Day!” (anonymous)   Onto the monthly market updates….   MARKET News Good news! Lawmakers just voted last week to restore loan limits for the Federal Housing Administration (FHA)  to pre-Oct. 1 levels.    Do note, the restoration will … Continue reading November 2011 Local Market Report

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October 2011 – Monthly Local Market Update

By Dana Bambace | Published: October 27, 2011

Dear Friends…. October has flown by, but not before I have the opportunity to share with you my monthly market update for the Monterey Peninsula area. As you know, earlier this month, our official amount for conforming loans was lowered from the $729,500 to $483,000. This reduction of the loan amount has taken an affect on several buyers and according to a survey completed by National Association of Realtors, has accounted for 16% of buyers walking away from a home … Continue reading October 2011 – Monthly Local Market Update

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September Market Numbers for Monterey County

By Dana Bambace | Published: September 27, 2011

Monterey Peninsula Monthly Market Update SEPTEMBER 2011 Dear Friends…. It is my favorite time of year on the Peninsula, gone are the foggy days of summer, in comes the sunshine and the quiet beauty of the Fall season. Here is a quick overview of the market trends based on the August numbers. Next month’s numbers will be even more interesting, as we will have a chance to see if there have been some changes from the step down in our … Continue reading September Market Numbers for Monterey County

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