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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

Homes for Sale Are Rapidly Disappearing in La Mesa CA

Homes for Sale Are Rapidly Disappearing

Homes for Sale Are Rapidly Disappearing Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates.  Realtor Magazine just explained: “While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year…Low inventories … Continued

Why Working from Home May Spark Your Next Move

Why Working from Home May Spark Your Next Move

If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year, and possibly beyond. While the pandemic continues, … Continued

Real Estate Is a Driving Force in the U.S. Economy

Real Estate Is a Driving Force in the U.S. Economy

Real Estate Is a Driving Force in the U.S. Economy As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new meaning, causing many of us to consider buying or selling sooner … Continued

Home Values Projected to Keep Rising in La Mesa CA

Home Values Projected to Keep Rising

Home Values Projected to Keep Rising As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest … Continued

Americans Are Gaining Confidence in the Economy

Americans Are Gaining Confidence in the US Economy

Americans Are Gaining Confidence in the US Economy The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to minimize the tremendous impact this pandemic-induced … Continued

La Mesa, Have You Ever Seen a Housing Market Like This?

La Mesa, Have You Ever Seen a Housing Market Like This?

Have You Ever Seen a Housing Market Like This? The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in … 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

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

The Beginning of an Economic Recovery in La Mesa CA

The Beginning of an Economic Recovery in La Mesa CA

The Beginning of an Economic Recovery in La Mesa CA . . The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to … Continued

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