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Real Estate Market: Is the Number of Homes for Sale Finally Growing?

Real Estate Market Is the Number of Homes for Sale Finally Growing

Real Estate Market: Is the Number of Homes for Sale Finally Growing? An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many … Continued

More Young People Are Buying Homes in San Diego CA

More Young People Are Buying Homes

More Young People Are Buying Homes in San Diego CA. There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked … Continued

Are Houses Less Affordable in La Mesa CA Than They Were in Past Decades?

Housing Market: Are Houses Less Affordable Than They Were in Past Decades?

Housing Market: Are Houses Less Affordable Than They Were in Past Decades? There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a … Continued

The Community and Economic Impacts of a Home Sale in San Diego CA

The Community and Economic Impacts of a Home Sale

The Community and Economic Impacts of a Home Sale If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They … Continued

Home Sellers: There Is an Extra Way To Welcome Home Our Veterans in San Diego CA

Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

Home Sellers: There Is an Extra Way To Welcome Home Our Veterans Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase … Continued

What You Should Do Before Mortgage Interest Rates Rise in San Diego CA

What You Should Do Before Mortgage Interest Rates Rise

What You Should Do Before Mortgage Interest Rates Rise In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should … Continued

Why This Isn’t Your Typical Summer Housing Market in San Diego CA

Why This Isn’t Your Typical Summer Housing Market

Why This Isn’t Your Typical Summer Housing Market In real estate, it’s normal to see ebbs and flows in the housing market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected … Continued

The Truths Young Homebuyers in San Diego CA Need To Hear

The Truths Young Homebuyers in San Diego CA Need To Hear

  For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value by … Continued

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