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Will the Spring Housing Market Bloom?

Will the Spring Housing Market Bloom?

Will the Spring Housing Market Bloom? Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the … Continued

San Diego Real Estate News February 2021

San Diego REal Estate News

Video Transcript: Will San Diego home prices continue to go up? “Will San Diego home prices continue to increase?” is probably the number one question I am getting from my clients and to answer that, let’s take a look at some of the historical data. ➡️ See My Active Listings Here ⬅️ This graph here … Continued

How Upset Should You Be about 3% Mortgage Rates in San Diego CA?

How Upset Should You Be about 3% Mortgage Rates

Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rates was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things: 1. The bump-up in rate … Continued

5 Reasons to Sell Your House This Spring in San Diego CA

5 Reasons to Sell Your House This Spring

5 Reasons to Sell Your House This Spring When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five … Continued

Is NOW a good time to buy a Home?

is now a good time to buy a home?

  Thinking of buying your first home? Or maybe you are thinking of selling you home to buy a new one. But . . . is NOW a good time to buy a home? ➡️ See My Active Listings Here ⬅️ There are two questions you need to ask yourself.  Do I think home values … Continued

Housing Market: How Much Leverage Do Today’s House Sellers Have?

housing market How Much Leverage Do Today’s House Sellers Have_

Housing Market in San Diego CA: How Much Leverage Do Today’s House Sellers Have? The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up … Continued

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

Mortgage Rates Are Projected to Increase

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer. ➡️ See My … Continued

Housing Market: Where Have All the Houses Gone?

Housing Market_ Where Have All the Houses Gone_

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage … Continued

Will Low Mortgage Rates Continue through 2021?

WILL LOW MORTGAGE RATES CONTINUE THROUGH 2021?

With mortgage rates hitting record lows so many times recently, some are wondering if we’ll see low mortgage rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest rate environment is projected … Continued

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