La Mesa CA: The Top Reasons People Are Moving This Year . . Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find … Continued
Low Inventory Continues to Impact the Housing Market. . . Did know that according to a Lending Tree Study, 87% of home sellers were concerned that their home won’t sell because of the pandemic and resulting economic recession? This could not be more untrue right now. Right now is an amazing time to sell your … Continued
Forbearance Numbers Are Lower than Expected. . Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you … Continued
Just How Strong Is the Housing Recovery in La Mesa CA? The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s … Continued
Sellers Are Returning to the Housing Market in La Mesa CA. . In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, … Continued
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
The Latest Unemployment Report: Slow and Steady Improvement in La Mesa CA. . Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it … Continued
In July, the average 30-year fixed-rate mortgage rates fell below 3% for the first time in history. 1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, they … Continued
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
Current Buyer & Seller Perks in the Housing Market in La Mesa, CA Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here … Continued
