Keeping an eye on the National Real Estate scene is a great way to get the “big picture” view of where Real Estate market is headed.
If you own a home in the San Diego area, you might be happy to know that your home appreciated last year and a rate that was 50% faster than the national average. Just today, an article reported that the median price of a home in San Diego jumped to $495,000 by the end of last [...]
Well, the experts (Fannie Mae, Freddie Mac, theMortgage Bankers’ Association and the National Association of Realtors) are weighing in with their most recent rate predictions for the new year and here they are! We finished 2014 with the 30 year fixed mortgage rate at 3.87% as per Freddie Mac. This is very close to the [...]
If you are like nearly half of Americans that were surveyed recently about down payment requirements, you might be under the impression that the traditional 20% down payment is the cost of entry to buying a home. If you have 20%, that's great BUT you don't NEED that much. In fact, for many years you have been [...]
The decision to buy a home in San Diego is being made easier than ever as rents go up, up, UP! It seems there is no shortage of news items like this these days.... Recently, CNBC’s Diana Olick reported that rents in the residential housing sector continued to rise in 2014. These [...]
If you've read some of our most recent posts, you'll know that demand for homes is still strong. The number of homes being offered for sale remains below historically balanced levels. If you are thinking of selling your home but are not sure what to do, consider these points: 1. There Is Less Competition Now [...]
The Gallup organization conducts an annual report entitled the Economy and Personal Finances Poll, which asks Americans to choose the best option for long-term investment. It was no surprise that real estate returned to the top position over other investment categories (gold, stocks/mutual funds, savings accounts/CDs and bonds). Back in 2011, gold was the most [...]
Here's a REALLY interesting bit of information our from Trulia recently. In Trulia's 2014 Rent vs. Buy Report, they explained that homeownership remains cheaper than renting throughout the 100 largest metro areas in the United States; ranging from an average of 5% in Honolulu, all the way to 66% in Detroit, and 38% Nationwide! The [...]
Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. In today’s market: you need an experienced professional! You Need an Expert Guide if you are Traveling a Dangerous Path The field of real [...]
We've blogged about this before...For Sale by Owner (FSBO) is something some home sellers consider in an effort to keep more of the proceeds from the sale. We understand! Why wouldn't you want to sell the home on your own? What could be so hard? Run and ad or put up a sign and the [...]
It's important for us to repeatedly demonstrate and explain the opportunity that exists now for Millennials who are willing and able to purchase a home NOW... Here are a couple other ways to look at the cost of waiting. Let’s say you’re 30 and your dream house costs $250,000 today, at 4.12% your monthly Mortgage [...]
