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A Historic Rebound for the Housing Market

Housing Market

A Historic Rebound for the Housing Market. . Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales … Continued

What Are the Experts Saying About Future Home Prices?

What Are the Experts Saying About Future Home Prices?

What Are the Experts Saying About Future Home Prices? A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the … Continued

Is The Economic Recovery Already Underway?

Is the Economic Recovery underway? The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of … Continued

Three Reasons Home buyers Are Ready to Purchase This Year

Home Buyer

A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all home buyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see graph below): Let’s break down … Continued

What The Experts Are Predicting For Our Economy

What The Experts Are Predicting For Our Economy

What is happening to our economy? What’s happening in Real Estate? I know it’s a scary time and with all the negative news, but I feel it’s important to look at what the Experts are saying and base our decisions on that information.   One question we always get is ”What’s happening in the real estate … Continued

When Is The Economy Going to Recover?

When is the economy going to recover? This is a question we gotten from the community several times. What’s going to happen to our economy here in San Diego County and more specifically, La Mesa and East San Diego County. As always, I like to look at what the experts are saying, especially about things … Continued

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