Homeowners Have Incredible Equity To Leverage Right Now
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your equity grows over time: “Housing wealth […]
The Worst Home Price Declines Are Behind Us
Some Highlights Don’t miss out on the opportunity to work with a dedicated real estate professional who truly cares about your success. Contact me today to schedule a no-obligation consultation, and let’s embark on this exciting journey together!
The Impact of Inflation on Mortgage Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hard to lower inflation, the […]
Reasons To Sell Your House Today
Some Highlights on reasons to sell your home Don’t miss out on the opportunity to work with a dedicated real estate professional who truly cares about your success. Contact me today to schedule a no-obligation consultation, and let’s embark on this exciting journey together!
How Homeowners Win When They Downsize
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains: “Downsizing is somewhat common among older people and retirees who no longer have […]
Why Buying a Home Makes More Sense Than Renting Today
Wondering if you should continue renting or if you should be buying a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report from Realtor.com shows rents continue to […]
The Three Factors Affecting Home Affordability Today
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages.
Powerful Job Market Fuels Homebuyer Demand
The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a […]
Thoughts on Spring 23 Real Estate Market in The Bay Area
1. Increased Activity: Spring is typically a popular time for both buyers and sellers in the real estate market. Although the spring market had a soft start because of the rains, the warmer weather and longer days make it an ideal time for open houses and property showings, leading to increased activity and interest in […]
Trustee selling real estate
The things that first-time trustees need to be aware of when selling real estate First-time trustees have a significant responsibility when selling real estate, as they must act in the best interest of the beneficiaries and ensure they follow the terms of the trust. Here are some key considerations for first-time trustees when selling real […]