Billy Mendez Moreno Realtor

08/19/2023

San Mateo County considers more aggressive housing plans
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San Mateo County is looking to take action to address its housing crisis, which has been exacerbated by the pandemic. The county is exploring ways to increase housing supply, incentivize development, and provide more housing for lower-income households to help alleviate the issue.

08/11/2023

The Cost of Buying a House in 2023
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The current housing market is challenging for prospective and first-time homebuyers due to high home prices, mortgage rates, and low housing supply. The median price of a home in the US is $410,200, requiring a minimum of $12,306 for a 3% down payment, plus other associated costs. It is important fo...

08/01/2023

How to pay off your mortgage early | Homes | eagletribune.com - Eagle
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https://www.roomvu.com/nws/fcvrWXOhgThtnfX

Homeowners can pay off their mortgage early without penalty in most cases. Before doing so, they should check if there is a prepayment penalty and restrictions on extra payments. Making biweekly payments, paying extra against the principal each month, or making an extra principal-only payment annual...

07/24/2023

US Office Market Trend

Billy Mendez Moreno is a real estate agent with Realtor. Check out Billy Mendez Moreno's listings or office listings.

07/15/2023

California Housing Market report: Sales and prices show rebound, but don't expect a rapid recovery
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The California Association of Realtors reported in May that home sales rose to the highest level in eight months and the statewide median price remained above $800,000. The San Francisco Bay Area experienced the biggest sales lag and price drop compared to the same time last year, but month-over-mon...

07/09/2023

Interest Rate Reprieve Boosts California Home Sales in May 2023 to Highest Level in Eight Months, C.A.R. Reports – Mariposa County Sales of Existing Single-Family Homes Declines 51.5 Percent
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In May, California's housing market showed signs of improvement as home sales surged to the highest level in eight months and the statewide median home price notched above $800,000 for the second straight month. Closed escrow sales of existing single-family detached homes totaled a seasonally adjust...

07/02/2023

Office Demand Rises in Bay Area
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In the Bay Area, demand for office and R&D space has risen since the start of the second quarter due to increased interest from technology, life sciences and professional/business services. The biggest uptick was seen in Oakland, followed by the Peninsula, San Francisco and Silicon Valley. The I-680...

06/20/2023

Ask Me Anything!
Have questions about real estate but not sure where to start?

Have questions about real estate but not sure where to start?

06/18/2023

Tax on short-term rentals like Airbnb could fund California affordable housing - Fort Bragg Advocate
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California lawmakers are considering Senate Bill 584 by Sen. Monique Limón, which would impose a 15% tax on short-term rentals to generate an estimated $150 million annually to build or rehabilitate low- and middle-income housing. Airbnb has rallied its hosts to oppose the bill, while Gov. Gavin Ne...

06/11/2023

Residents affected by recent storms and flooding eligible for rental assistance
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Residents in San Benito County affected by the severe storms and flooding that started on February 21 can apply for temporary rental assistance from FEMA. The first two months of rental assistance is provided without having to provide rental receipts. Extensions on rental assistance may be granted f...

06/03/2023

California's 'Dream for All' home loan program drained its $300M budget in just 11 days — 3 ways to gain exposure to West Coast real estate
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05/23/2023

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

How much is your home worth? Type your property address and get a quick home estimate.