This week we're going to look at how the recent mortgage settlement between 49 of the 50 states and the five largest lenders in the country. We'll also make a few recommendations as to how you can best involve yourself in today's market in a way to improve your chances of success.

The $26 Billion settlement was aimed, at least in part, at stabilizing the housing market, which remains as a soft spot in the recovering economy, even though other areas of the economy are improving.

Fed Chairman Bernanke has cited this issue frequently in recent months. As to the settlement, President Obama has applauded it as a great help not only to homeowners, but also to neighborhoods, communities and the nation at large.

California, in particular, appears to benefit greatly from the deal. It is set to receive at least $850 million in funds, particularly for those homeowners making mortgage payments, but definitely "under water" with their mortgages.

So, this brings us to the question of how do you enter the market wisely in these trying times? We have a few suggestions for you:

1. Any real estate decisions you make should be pursued with professionals--licensed agents and mortgage professionals;

2. Carefully consider what exact details and characteristics of a home most benefit you and your family and your respective needs;

3. Carefully consider whether you can improve your home over time to meet any new needs as they arise.

4. All of the above also apply equally for investment property, with adjustments as to your intended use of such property and what your investment goals and needs are.

After all of this, when you want to consider entering or expanding your presence in the market, give us a call. We have over 45 years of experience between us, and would be happy to help you, as well as direct you in your market search. Peter: (415) 279-6466; Jane: (415) 531-4091.