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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

3 Ways Home Equity Can Have a Major Impact on Your Life

3 Ways Home Equity Can Have a Major Impact on Your Life

3 Ways Home Equity Can Have a Major Impact on Your Life There have been a lot of headlines reporting on how home equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. ➡️ See My Active Listings … Continued

47% of New Buyers Surprised by How Affordable Homes Are Today

47% of New Buyers Surprised by How Affordable Homes Are Today

47% of New Buyers Surprised by How Affordable Homes Are Today Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, … Continued

Why Right Now May Be the Time to Sell Your House

Why Right Now May Be the Time to Sell Your House

Is it a good time to sell your house? The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association … Continued

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

Will Forbearance Plans Lead to a Tsunami of Foreclosures? At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of … Continued

What Does 2021 Have in Store for Home Values in San Diego CA?

What Does 2021 Have in Store for Home Values_

Know your home values here! According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained consistently … Continued

Is This the Year to Sell My House in San Diego CA?

Is This the Year to Sell My House?

If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here’s why. ➡️ See my Active Listings Here … Continued

Why Not to Wait Until Spring to Make a Move in San Diego CA

The housing market in San Diego CA recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate in San Diego CA, and the current market conditions are truly making this winter an ideal time to … Continued

3 Must-Do’s When Selling Your House This Year in San Diego CA

3 Must-Do’s When Selling Your House This Year

SELLING YOUR HOUSE in San Diego CA? It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale … Continued

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