Many home buyers have heard about adjustable-rate mortgages (ARMs). They typically have the advantage of lower mortgage payments than fixed-rate mortgages. This enables the home buyer to get a larger mortgage and buy a more expensive home. An ARM comes with the risk…
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Daly City Real Estate Trends
The plot of both average and median quarterly Daly City house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the Daly City real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
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