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Will Mortgage Rates Remain Low Next Year in La Mesa CA?

Will Mortgage Rates Remain Low Next Year?

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When you continually hear how mortgage rates are … Continued

Home Equity Gives Sellers Options in Today’s Market in La Mesa CA

Home Equity Gives Sellers Options in Today’s Market

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

Move-Up vs. Second Home: Which One Is Right For You?

Move-Up vs. Second Home The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home.   According to a recent survey by The Harris Poll, 75% of respondents who have begun working remotely would like to continue doing so—and … Continued

Homebuyer Demand Is Far Above Last Year’s Pace in La Mesa CA

Homebuyer Demand Is Far Above Last Year’s Pace in La Mesa CA

Homebuyer Demand Is Far Above Last Year’s Pace in La Mesa CA. . Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find … Continued

Should You Buy an Existing Home or New Home Construction?

Should You Buy an Existing Home or New Home Construction?

Should You Buy an Existing Home or New Home Construction? Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and new home construction ramping up, you may be wondering if you should consider new home construction in your search process. It’s a great question … Continued

Are You On The Fence About Buying Or Selling A Home?

Are You On The Fence About Buying or Selling a Home?

Are You On The Fence About Buying Or Selling A Home? There is so much uncertainty right now. But let’s review the facts. An economist at High Frequency Economics stated, “The housing market is likely benefiting from the low mortgage rates, stronger demand for larger spaces as more and more people work from home and … Continued

Why Homeowners in La Mesa CA Have Great Selling Power Today

Why Homeowners in La Mesa CA Have Great Selling Power Today We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When … Continued

Guidance and Support Are Key When Buying Your First Home in La Mesa San Diego

Guidance and Support Are Key When Buying Your First Home in La Mesa San Diego

Guidance and Support Are Key When Buying Your First Home in La Mesa San Diego. . In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through … Continued

Three of the Latest Reports Show Housing Market in La Mesa Is Strong

Three of the Latest Reports Show Housing Market in La Mesa Is Strong FI

What’s happening to the housing market in La Mesa? The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains … Continued

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