In this blog, we discuss the 4 Reasons People Are Buying Homes in 2021. According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what … Continued
Proposition 19. If you own a home in the state of California, you’ve heard about this Proposition and like a lot of people, you’ve probably have a lot of questions out there. In the video above, I covered Proposition 13, then Proposition 60, Proposition 90,and how all of that changes with Proposition 19 and then … Continued
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
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, like the 2021 housing market, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) “In … Continued
This year will be remembered for many reasons, and optimism in real estate is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced many homeowners … Continued
An Honest Look at Unemployment Numbers Last Friday, the Bureau of Labor Statistics released the November Jobs Report. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a quote from Glassdoor Senior Economist, Daniel Zhao: “We saw positive job gains, but I think the sentiment is largely negative because … Continued
There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During the housing crash of 2006-2008, many felt homeowners should be forced … Continued
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
What is happening to our economy? What’s happening in Real Estate? I know it’s a scary time and with all the negative news, but I feel it’s important to look at what the Experts are saying and base our decisions on that information. One question we always get is �?What’s happening in the real estate … Continued
When is the economy going to recover? This is a question we gotten from the community several times. What’s going to happen to our economy here in San Diego County and more specifically, La Mesa and East San Diego County. As always, I like to look at what the experts are saying, especially about things … Continued
