To Renovate or Not To Renovate Before You Sell When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more … Continued
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own … Continued
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
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
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 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
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 Inventory: Are There Going to Be More Homes to Buy This Year? If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale in the housing inventory, it’s normal to wonder if you’ll actually find … Continued
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
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
