Real Estate ALERT
District Attorney urges to be on alert District Attorney urges Real Estate professionals to be on alert for criminal fraud by thieves pretending to be property owners, especially Vacant Properties! Real estate professionals play a vital role in connecting buyers and sellers, managing properties, and ensuring smooth transactions in the industry. However, just like any […]
The Dramatic Impact of Homeownership on Net Worth
If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net worth for homeowners and renters. The latest report shows the average homeowner’s net worth […]
Home Prices Forecast To Climb over the Next 5 Years
Some Highlights
Are More Homeowners Selling as Mortgage Rates Come Down?
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s really limited the options […]
3 Must-Do’s When Selling Your House in 2024
If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices […]
Why It’s More Affordable To Buy a Home This Year
Some Highlights
Experts Project Home Prices Will Increase in 2024
Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people are dealing with that fear, and you might be, […]
Get Your House Ready To Sell This Winter
Some Highlights
What is AB 968, Assembly Bill 968?
Contributing author: Andrew McClelland, Real Estate Attorney at Lunski & Stimpert Assembly Bill 968 California’s legislature has recently passed several new laws that will impact residential real estate transactions in 2024 and beyond. This article examines one specific law affecting the practice of real estate flipping, buying a property with the intention of renovating and […]
Advice to Home Flippers and to Buyers Who Purchase from Flippers
Contributing author: Andrew McClelland, Real Estate Attorney at Lunski & Stimpert The purchase and sale of residential real estate is a complicated and daunting process, and this is especially the case when dealing with recently renovated, or “flipped”, homes. I have practiced real estate litigation in the Bay Area for 15 years and handled many […]
Retiring Soon? Why Moving Might Be the Perfect Next Step
If you’re thinking about retirement or have already retired this year, it’s a good time to consider if your current house is still a good fit for the next chapter in your life. Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about as […]