Ramesh Rao Blog AVOID THESE 4 OUTDATED BATHROOM TRENDS Your home’s bathroom may be diminutive in size but it carries a big punch when it comes to your overall interior design. The small details can make or break the style you’ve worked so hard to achieve in other areas of your home, so don’t give short shrift to bathroom decor. According to the design […]
Ramesh Rao Blog HOUSING MARKET MINUTE Market Summary As the new year gets underway, Americans are financially preparing for challenges in 2023.Despite inflation slowing towards the end of last year, consumers are managing their spending more closely andshowed restraint from overspending during the holidays. Economic data suggest this will continue in the short-term. Housing demand remains relatively depressed as affordability remains […]
Ramesh Rao Blog 7 BRAIN-BOOSTING HABITS TO REDUCE MEMORY LOSS Did you know that after age 40, the brain shrinks about 5% each decade? Fortunately, health experts say there are a few common-sense habits that can reduce the common signs of aging on the brain, helping to stave off memory loss and possibly reducing the risk of diseases like Alzheimer’s and dementia. Whether you’ve reached […]
Ramesh Rao Blog DECIDING TO SELL YOUR HOME IN THE BAY AREA You’ve probably already considered your personal reasons for selling. Now you need to take into account the other factors involved, such as market conditions, your property’s value and tax implications. Unless you’re locked into selling your home (e.g., you’ve already accepted a job offer in another city), it’s a good idea to look at the […]
Ramesh Rao Blog A STEP BY STEP BUYER’S GUIDE A STEP-BY-STEP BUYER’S GUIDE Buying a home is one of the most exciting milestones of your life. To prepare yourself for this moment, you need to know what to expect during the process. This step-by-step first time buyer’s guide created by your agent Ramesh Rao will help reduce the stress of buying a home and […]
Ramesh Rao Blog HOW IS THE HOUSING MARKET DOING March 13, 2023 – The takeover of Silicon Valley Bank by Federal Regulators last week has ushered in new economic uncertainty to the forecast that has spooked investors and cast doubts about what the Federal Reserve will do at its upcoming meeting, with markets anticipating a less aggressive posture amidst a potentially softer economic backdrop. […]
Ramesh Rao Blog BAY AREA HOUSING MARKET SUMMARY The U.S. real estate market continues to experience a surge in home prices, driven by lower mortgage rates and a shortage of available homes. Median home prices rose by 0.45% in March, marking the strongest one-month gain since May of the previous year. Currently, home prices are just 1.7% below the peak reached in June […]
Ramesh Rao Blog REAL ESTATE TERMINOLOGIES: EARNEST MONEY DEPOSIT OR INITIAL DEPOSIT An earnest money deposit (EMD), also known as an initial deposit, is a crucial component of a real estate transaction. It involves the buyer paying a certain amount of money to the seller as a demonstration of good faith and to kickstart the process of buying a property. Typically, the EMD is around 3% of […]
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Ramesh Rao Blog THRIVING BAY AREA REAL ESTATE MARKET OFFERS UNPARALLELED OPPORTUNITIES As a top Cupertino real estate agent, I am delighted to present you with a comprehensive overview of the current state of the real estate market in the Bay Area. Renowned for its dynamic tech industry, stunning natural beauty, and vibrant culture, the Bay Area continues to be a highly sought-after destination for homeowners, investors, […]
Ramesh Rao Blog A GUIDE TO BUYING A HOME TO AGE-IN-PLACE If asked about major life changes, most people would probably think of their younger days. While some older citizens are settled since their decades of work and raising children are far behind them, others make significant lifestyle decisions in their golden years, including where they will live if their current home is no longer suitable. […]
Ramesh Rao Blog WHAT HAPPENS WHEN A DEATH OCCURS BEFORE TITLE CLOSES IN A REAL ESTATE TRANSACTION? Typically, there is a fair period of time between the signing of a real estate sales contract and title closing. Most buyers and sellers, when they sign the contract, are presumed to be healthy enough to outlive it. However, death, as we know, can occur quite suddenly. So, what happens when one of the principals […]
Ramesh Rao Blog FOUR TIPS TO HELP YOU RECOGNIZE HOME IMPROVEMENT SCAMS The pandemic saw an increase in home improvement projects, with more people at home than ever looking to upgrade their property. However, according to the Inspection Report Network, during 2020-2021, home improvement scams also peaked that year with 44,000 reported cases. For context, between 2015 through 2017, the number of home improvement and repair scams […]