Where Are Home Values Headed Over the Next 12 Months? As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a … Continued
Housing Market on Track to Beat Last Year’s Success!! Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market … Continued
Home Equity Gives Sellers Options in Today’s Market . . Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity … Continued
La Mesa CA: The Cost of a Home Is Far More Important than the Price. . Housing inventory is at an all-time low in La Mesa CA. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared … Continued
How Low Inventory May Impact the Housing Market This Fall in La Mesa CA . . Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively … Continued
The Surging Real Estate Market Continues to Climb in La Mesa CA. . Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the … Continued
Here’s the National Real Estate Market Update. . What are the projections for housing prices according to the experts? What’s going to happen? This seems to be the question of the hour, we get asked it constantly. I’ve been in the industry for over 10 years and I don’t think there has ever been a … Continued
What’s happening in our real estate market? That’s the question of the hour. Well, first off let me just start off by saying that I am just reporting what analysts and real estate experts across the nation are predicting. I personally nor anyone else can control or predict what will actually happen. But, according to … Continued
Is Now a Good Time to Move to La Mesa CA? How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an … Continued
Homebuyer Traffic Is on the Rise. . One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he … Continued
