Real Estate News
Posted in the Real Estate News Category
Tax Time! How New Tax Laws Affect Homeowners And Buyers
March 20th, 2018
Tax season is here, and with the recent changes from the Trump tax overhaul, there’s been a lot of confusion about what it means for home buyers and owners. We’ve heard some misconceptions floating around, and we thought it’s a good time to update you on just a few of the key changes that will... Read More
FHA Raises Loan Limits For 2018
December 18th, 2017
Higher limits for FHA loans mean greater flexibility for borrowers! In high-cost areas, like San Diego, the FHA’s loan limit will increase to $679,650, up from $636,150 last year, and that means that buyers will have that much more in terms of the available mortgage programs designed to help them borrow enough to buy a... Read More
New Numbers Show Houses Are Moving FAST
November 30th, 2017
The National Association of Realtors recently reported the new median time on the market for homes across the country, and it’s eight weeks shorter than it was five years ago. Guess how long it takes for a home to sell, on average, right now. Three Weeks. That’s right, three weeks. And that’s just the... Read More
Tight Inventory Have Housing Feeling Like Black Friday? Here’s Some Advice For Buyers
November 24th, 2017
Does a shortage of homes for sale and competing offers feel a little like a mad rush for that flat screen TV these days? When housing inventories are low across the market, as they have been for a while now, home buyers can start to feel like they’re caught in a Black Friday frenzy,... Read More
No Halloween Scares Here – Just Good News for New Home Sales!
October 31st, 2017
Have you seen the new homes being built lately? They’re a little nicer than a creaky old haunted house! Sales numbers are in for last month, and in a bit of a surprise, sales of new homes jumped way up (18.9 percent), to the highest levels in almost 10 years! This was in... Read More
Buyers Have Enjoyed 2 Months of Lowering Rates, But Will That Change?
September 30th, 2017
Strike now while the rates are still low? For the past few years we’ve been enjoying mortgage rates that have hovered around the 4% range, and we’ve seen the housing market continue to surge throughout that time. Sales and home values keep trending upward, and it’s a no-brainer that it doesn’t hurt when historic rates... Read More
Market Still Climbing As Sales, Prices Rise
April 10th, 2017
After looking like things might try to level off for a bit at the beginning of 2017, the market has continued to climb recently, showing no signs of stopping any time soon. Prices and sales are up across the country at unexpected levels, even as mortgage rates spiked higher last month. Mortgage rates have actually... Read More
Looking To Buy? Let’s Talk Down Payments
February 27th, 2017
Whether you’re planning to upgrade from one home to another, or are buying a home for the first time, strategizing and saving for a down payment will be on your mind (or should be). But just because it’s important and possibly challenging, doesn’t mean it has to be stressful. If you have a plan and... Read More
What Can We Expect From Real Estate This Year?
January 23rd, 2017
2016 was another good year for the housing market. We saw strong gains in home values, and mortgage rates averaged about 3.5% for the year – the lowest since Freddie Mac started keeping track of this in 1972! This, an improving economy, and high demand drove big sales gains also. There were concerns that affordability... Read More
Forget The Fall Slowdown – Home Sales At 10 Year Highs!
November 28th, 2016
The fall season is usually a slower one for Real Estate, but not this year. Even though analysts had called for a predictable slowdown in home sales this autumn, we’ve instead seen the housing market continue to grow over the past few months. October numbers are in now, and they actually show that we just... Read More