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Housing Market Savvy
Housing Market Savvy with Pat Kapowich: Real Data. Real Experience. Real Market Intelligence.
Navigate the Bay Area real estate market with veteran Realtor® Pat Kapowich, the "Market Wise" columnist for the Mercury News and Bay Area News Group. Since 1988, Pat has guided hundreds of clients through every type of market cycle across five counties in the San Francisco Bay Area—from the savings and loan crisis, the dot-com boom and bust, to the 2008 housing crash and the pandemic surge.
As a Certified Real Estate Brokerage Manager (CRB) and Certified Trust and Probate Specialist (CTPS), along with holding additional designations such as CRS, ABR, GRI, and SRES, Pat translates complex market trends into actionable insights for homebuyers, sellers, and property owners. Pat is your trusted source for housing intelligence, based in his hometown in the heart of Silicon Valley.
Pat Kapowich | Kapowich Real Estate Market Intelligence | SiliconValleyBroker.com | CalDRE Broker #00979413
Housing Market Savvy
Scott Heisey, Stewart Title's Vice President, on the difference between a will, trust, power-of-attorney, and probate
Scott Heisey, Stewart Title's Vice President and Manager of the firm's Trust Department, recently sat down with Pat Kapowich to discuss the difference between trust and probate and between a will and a trust. Heisey explained that when a person dies intestate (without a will), their assets are distributed according to state law.
However, if a person dies testate (with a will), their assets are distributed according to the terms of their will.
Heisey also explained that a trust is an arrangement whereby a trustee holds and manages property for the benefit of another person, known as the beneficiary. A trust can be either revocable or irrevocable. A revocable trust can be amended or revoked by the settlor (the person who created the trust), while an irrevocable trust cannot be amended
Guest: Scott Heisey
Company Name: Stewart Title of California, Inc.
Email: Scott.Heisey@Stewart.com
Phone: Cell: 408-489-5288
Host Pat Kapowich is a Certified Real Estate Brokerage Manager and career-long consumer protection advocate.
Santa Clara County Association of Realtors 'President's Choice Award' "For demonstrating principles of good real estate practice; promoting and protecting home ownership and property rights; and distinguished service to members and the community."
Industry Designations Earned
- Certified Residential Specialist (CRS)
- Accredited Buyer's Representative (ABR)
- Graduate, REALTOR® Institute (GRI)
- Seniors Real Estate Specialist (SRES)
- Certified Trust & Probate Specialist (CTPS)
Since 1988, regardless of market cycles, Pat maintains a median of 9 days on market for single-family homes and 8 days for condos/townhomes.
Media & Publishing
Covered by or written for: The Wall Street Journal, San Jose Business Journal, San Jose Mercury News, East Bay Times, Broker/Agent Magazine, Bay Area News Group, and California Association of Realtors Magazine.
Pat is a lifelong resident of Silicon Valley, California. Office: 408-245-7700 | Email: Pat@SiliconValleyBroker.com | License: Broker# 00979413
Real-time market data: https://www.siliconvalleybroker.com/market