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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 […]
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 […]
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RAMESH RAO

CA DRE# 01094680

(408) 806-6496
ramesh.rao@cbnorcal.com

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