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Latest Jobs Report: What Does It Mean for You & the Housing Market?

Latest Jobs Report_ What Does It Mean for You & the Housing Market_

Latest Jobs Report: What Does It Mean for You & the Housing Market? Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? … Continued

Is Homeownership Still Considered Part of the American Dream?

Is Homeownership Still Considered Part of the American Dream_

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of Europe, which was still in many respects a collection … Continued

How a Change in Mortgage Rate Impacts Your Homebuying Budget

How a Change in Mortgage Rate Impacts Your Homebuying Budget

How a Change in Mortgage Rate Impacts Your Homebuying Budget Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage … Continued

What It Means To Be in a Sellers’ Market

What It Means To Be in a Sellers’ Market

What It Means To Be in a Sellers’ Market If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time to make sure your house is available for buyers who are looking … Continued

Buyer & Seller Perks in Today’s Housing Market

Buyer & Seller Perks in Today’s Housing Market

Buyer & Seller Perks in Today’s Housing Market Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across … Continued

What Credit Score Do You Need for a Mortgage in San Diego CA?

What Credit Score Do You Need for a Mortgage

What Credit Score Do You Need for a Mortgage? According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards … Continued

To Renovate or Not To Renovate Before You Sell

To Renovate or Not To Renovate Before You Sell

To Renovate or Not To Renovate Before You Sell When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more … Continued

What Is the #1 Financial Benefit of Homeownership?

#1 Financial Benefit of Homeownership

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own … Continued

Will the Spring Housing Market Bloom?

Will the Spring Housing Market Bloom?

Will the Spring Housing Market Bloom? Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the … Continued

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