July 2019 Letter From My Heart

Good morning to Lower Rates for Summer Fun,

Great News:

Steady, stable real estate market plus great rates – It just doesn’t get any better.

Ready to buy, but wondering, “Is now the best time?” The best way to know – Call us today. In just a few minutes, we can do a quick review of the facts and factors, before you start looking. Our markets and rates are very stable, which is excellent for both Buyer and Seller. Homes are selling at or near the asking price and multiple offers are controlled. Good News.

Own your home – Fantastic. Now is a great time to consider a refinance or acquiring a flexible credit line – Summer projects or family fun. Interest rates are the low rates of early 2018.

Still renting – but waiting & watching? I doubt there is a better time for us to talk. We can review markets, locations, and help you determine what you are qualified to buy. We can even discuss the best loan program fit for your today and tomorrow. Plus its free. Our excellent, step- by-step approach is key to a very big step in your life. We are ready to help. Call us.

Spring is typically the most fun season to buy, but please don’t be rushed into it. It is best to first get your financial picture in good shape – it is our specialty. Keep in mind, a solid offer – with few contingencies and a good down payment – helps the Seller decide. Often it’s the difference maker. Be pre-prepared, by a proven lender. Call Today – Call Now.

Is this your Summer to Buy or Refinance? Now is the time to call – Call Mike.

News We Can Use: Lots of It

  • Speculation: Is China dumping Treasuries? Let’s summarize our friend Elliot Eisenberg: ‘China could to signal displeasure with US trade policy, but I doubt it. Such was tried in 2015 and 2016 – foreign nations dumping Treasuries – and nothing happened. Buying their own debt would raise the value of their currency, hurting exporters. Besides, where would China re-invest? Buying German or Japanese bonds is doable, but both markets are less liquid and rates are dismally low (do you hear negative ?).
  • At a recent Economic Summit, Dr. Christopher Thornberg notes: Recessions are anomalies and imbalances, in the real economy – Australia is in its 28th year of expansion. Causes of recession: Overbuilding, excess credit lending, and over spending.
  • US Economy: Where are we in 2019? Economic cylinders continue healthy, with residential housing lagging. Personal savings is now at 6 %, with consumers debt-to-income ratios at a 5 year low. Inflation has no drivers, as rising wages are being offset by productivity, and stable energy costs. Watch the yield curve. If it inverts, watch Fed response, as interest rates in the open market are moving down – China & EU slowing.
  • Housing supply is not an issue of affordability. It is far more about political barriers. Let’s begin by incentivizing cities to build housing. What is clear: As cities put up barriers, money will flow away from housing, leaving an expanding supply crisis.

News of Interest: The Bay Area continues adding net new jobs. This, despite the one-sided news of ‘everyone leaving California’. Amazing the draw and our resilience. Of interest: Seniors are the largest “growth-group” in renters, far outpacing the younger generations. This shift is significant. Today, the average age of renters, is 52.


We are far more than just a residential lender. 1) We provide loans for Small Business and Commercial; 2) We offer specialized “tax-advantaged’ plans, when selling highly appreciated real estate. Ask yourself, ‘Why pay Capital Gains taxes today and deplete your investing capital for a better tomorrow?’, and 3) We provide several strategies to keep you in your home, so you don’t have to sell today. Let’s talk. We offer more than just a Reverse Mortgage.

Bottom line:

Call today. Let’s prepare for your tomorrow – Now.

The Good, the Bad, n the Ugly

The Good: Sadly, prior to 2007, only 30 % of Veterans used a VA loan for their first purchase. The good news: by 2016, the number is now 78 %. Go VETS, as we do all we can to help!

The Bad: Vallco Shopping Center ‘rebuild’ is in the Courtroom again. The City recently cancelled the plan to add office space. So much for State legislation and desperate need to reform CEQA. At least one can hope and perhaps this gives us reason why it’s needed.

The Ugly: Listening to negative media about our local market. For some, recent highs in inventory – highest in years – is threatening. Yet they overlook actual sales and the rising numbers of homes actually sold. Such headlines deny the reality on the street . As a result, many good people may lose out on a great opportunity. Consider: More people are buying more homes— on a monthly basis – since 2012 ! Calling us. We offers facts and figures.

Summer Buying – A Season of Excitement and Expectations

If you, your friends, or co-workers are looking to buy or refinance, give us a call. We would love to hear from you, as we believe it’s advantageous to have a highly qualified, experienced loan officer – who puts your client’s success first – on your team. We are here to help,

Building trust in our relationship is what makes us far more then, “Internet-only”. My 30 years of proven success and perspective, helps keep you safe from unsuspecting hick-ups or surprise expenses. We are more than hype. We are proven winners for you, who advocate for you.

Closing Thoughts:

We are the financing arm to help leverage your assets and accumulate wealth. We offer needed information – perspective and plausible financial solutions – with strong lenders ready to say Yes, to your loan request. Give us a call. Let’s start building your future today.

Thank you and continued blessings.

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