Hillsborough, Burlingame Luxury Homes Real Estate

This is a heat map of the homes in default in the cities surrounding the San Francisco Bay.  Check out the pretty colors. Light orange means nothing much is happening.  Light red says things are beginning to simmer.  Medium red says we're on a low boil.  Dark red says they're boiling.

Overall, the entire foreclosure mess effects only about 3% of all mortgages in the US today.

That means 97-98% of all mortgages are current. 

What does this picture tell us?  You can get some good deals on houses if you're patient.  This isn't a market to play in if you're looking for a quick deal because every deal takes a huge amount of time just waiting for answers from banks.

This isn't a market for the timid.  But, if you have cash, it's a great way to invest in real estate for the future.

If you are a first time buyer you can find a single family house for the price a condo sold for last year. 

For the move up buyer, this market might allow you to find something a step above the level you thought you might have gone to next.  Just sell your house first before making that step upwards. 

Want more information about this?  I'm here.