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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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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