Spinnaker Real Estate Group

Buying a Dog Apartment Building for Big Returns

It is known throughout the investment community that you make money in real estate when you purchase the property. The biggest challenge for apartment building investors over the past few years is the decreasing cap rates. Cap Rate simply cannot be ignored

Declines in the Market

You can still be in an appreciating market, a decline does not necessarily mean you are losing value, it could mean (in some circumstance) that your appreciation rate is declining since the last measurement over time, say last year. We have obviously

Declines in the Bay Area Market

You can still be in an appreciating market, a decline does not necessarily mean you are losing value, it could mean (in some circumstance) that your appreciation rate is declining since the last measurement over time, say last year. We have obviously

Bay Area home prices flat, slow sales

Dataquick has reported the Bay Area real estate market was a tough one last month. Sale are down to a decade low. Buyers a still waiting for home prices to come down and sellers become increasingly more open to price reductions and getting serious about

Here Comes the Foreclsoure Tidal Wave

In a recent article from DataQuick shows that California Notice of Defaults are up almost 37% last quarter from the previous quarter. This goes to show that the housing market will be at a low for some time. When you have a multitude of foreclosure and

So this is a Housing Bust

"Existing-home prices are as high as they were a year ago, while sales have receded only to 2003 levels. The credit goes, at least in part, to low interest rates. Fixed-rate 30-year mortgages averaged a modest 6.2% in the last quarter of 2006—well

Buy now? Or wait for a price drop?

This recent article, from CNNMoney.com, is perfect for residential buyers contemplating buying a primary residence now while rates are low vs. waiting for a bottom in the market. The long and the short of it is this. If you planning on living in the residence

New housing declines, opportunity for long term investors

People who know me, know that I don't conform and follow the herd mentality. New home developments posted declines that are the worst numbers in 13 years. To me that screams of opportunity. New home developers need to off load their inventory because

The Housing Market Puzzle

Prices are falling slowly. But no sign of a dangerous pop. What's the outlook for the rest of 2007? There are areas around the San Francisco Bay that have see dramatic price declines, particularly in the bedroom communites in the deep East Bay. In