Feng Shui Tip: Neutrality
Neutrality: When selling your home, it’s important for buyers’ to envision themselves making your house their home.
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Low Mortgage Rates Will Boost Summer Home Sales
Mortgage rates in the USA are currently at a low and it’s having a great impact on our housing markets. On June 13th Freddie Mac reported that the average interest rate
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3 Ways the Last Jobs Report Will Affect California Real Estate in 2020
According to the UCLA Anderson Forecast, California’s economy will continue to grow in the coming years – but the pace will slow alongside a sluggish economy on the national level.
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Feng Shui Tip: Lot Location
If you’ve never thought of the Lot Location of the home you’re purchasing, think again. Paying attention to this will give you insight on the chi entering and leaving the home. It can also affect the resale value and is an important factors to consider when purchasing a home.
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The Mortgage Myth Stopping 1 in 3 People from Trying to Buy a Home
New reporting found that 1 in 3 people who plan on purchasing a home in the next three years think the outdated requirement of needing 20% down to purchase a home is still true. This misconception has kept an astonishing 70% of those potential homebuyers from even trying to purchase a home.
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California sees Market Stability with Older Homebuyers
First-time homebuyers in California are getting older, and it’s been good for housing market stability. According to Zillow, 33 percent of first-time buyers in California are over 40, and 16 percent are over 50. Nationally, the average age of the first-time buyer is just 34 years old. Is this significant?
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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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