How is your Credit Rating vs. The Rest of America?
The average credit score of American’s is now 700, this is the highest level since the Great Recession. That means if your score is above 700, you are doing better than 50% of the population. This number has a direct impact on what it will cost you to buy a home.
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Short Term Rentals are Raising Rents and Hurting the Economy
There are a lot of great things about Short Term Rentals (STRs), like Airbnb and HomeAway. Most people love being able to rent a house while traveling. It is especially convenient for families or large groups who would like more space and privacy. While STRs are a beneficial resource for travelers, they are having a negative impact on real estate prices and the economy.
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Peak season is here! April 2019 Real Estate and Mortgage Flash Report
If you’re in the market, don’t be surprised if things get busier. Peak season is right around the corner. Spring is in full swing and there is a definite uptick in real estate activity, especially among motivated sellers and seeking buyers.
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Mortgage Trends and Predictions for 2020
Like any industry, there are trends in the popularities of different home loans. With mortgage rates expected to slowly rise throughout the remainder of the year
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California’s Real Estate Market is Bending towards Buyers for the Summer
Looking at housing reports for April 2019, we can see that the real estate market is bending towards buyers for the summer. As the weather warms up, so are opportunities for buyers. They are steadily gaining negotiating power as the housing market appreciation slows,...
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We need condos! Californians are Begging for Multi-unit Housing
The nation’s housing shortage is particularly tight on multi-unit, affordable housing. With recent wage growth and economic upturns, a huge new group of Millennial-aged buyers are ready to buy houses. But where will they live?
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How’s the market? Highlights in this March 2019 Real Estate and Mortgage Flash Report
It's officially spring time and forecasts for the housing market are looking bright. Experts are saying California real estate may outpace the nation. Zillow predicted we could see a 7.3% increase in home values in 2019. How would that growth impact your interest in...
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New Forecasts Predict Higher Home Prices and a Better Market For 2019
Things are looking bright for the California housing market. After some uncertainty in the beginning of the year and expectations of a slow 2019, several major players in real estate have revised their forecasts. We are now hearing that, at least in terms of...
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7 Major Mortgage Mistakes to Avoid
Whether you’re scoping out an investment or looking into becoming a homeowner for the first time, applying for a mortgage can be a complicated process. Knowing what pitfalls could lay ahead will help you make better decisions. Let’s review some of the most common mortgage mistakes so you can avoid making them.
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Trade war with China Impacts California Real Estate
In 2018 the U.S. Administration instituted tariffs on imported steel and aluminum. While new single-family homes do not use much of these materials in their construction, condominiums and apartment buildings rely on them. This cost is expected to be passed on to the renters and homebuyers. California, in particular, can expect to see the impact of these tariffs in rising home prices.
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