Market Matters, July 30
Different age groups have different stressors for selling a home; some buyers are waiving contingencies to get offer accepted, including home inspection, read more here; what are the corona virus myths in the real estate market? Hint: prices are not dropping; a HUD fair housing rule has been abolisihed; read more at the link....
Market Matters July 23
First Time Homebuyers may use a special program to purchase due to the pandemic, see more info about this proposed bill at the link; buyers got a later start this year, bringing lots of buyer competition; this is a good time to refinance, low interest rates, don't keep sitting on an expensive mortgage, see more at the link . . .
Market Matters July 9th
One in 5 Americans have moved since the Pandemic; rates have set another low, mortgage demand spikes, read more at the link. . .
Market Matters July 2nd
Search for affordable housing causing Americans to consider moving; FHA foreclosure moratoriums extended through August, read more at the link . . .
Market Matters June 25
Bungalow Courts, an early form of smaller housing; are you temporarily sidelined due to unemployment? read what you can do to stay on track with your plans to buy a home; homebuyer activity is surging, interest rates remain low... read more at the link....
Market Matters June 18
Real estate is still a favorite investment; home sales in May at lowest level; the pandemic is bringing out the worst in scammers, be careful of wire fraud; more are moving to the rural areas; mortgage apps at an 11-year high . . . more at link
Beyond the Headines June 6
What to do to refresh your home for sale after the lockdown? Will the virus lead to a revival of rural markets? Buyers want home office space; Home prices may not show a drop until Spring of 2021, read more at the link....
Beyond the Headlines May 28
Seller time on market may increase somewhat, requiring more patience; the 30-year fixed mortgage rate drops even lower as buyers return to the market; controversial PACE program ends in Los Angeles; read more at the link . . .
Market Matters May 21
Home sales way down in April, but not necessarily prices; some borrowers using loan forebearance are seeing it on their credit reports; watch out for rental fraud...... read more at the link
Market Matters, May 14
Find out more about buying in today's housing market; mortgage deferral programs announced by Fannie and Freddie; new listings of high end homes are down 46 percent; read more at the link . . .
Market Matters May 7
Why are home prices rising during the pandemic? Avoid this mistake if you are skipping mortgage payments; keep your credit score as high as possible if you're looking for a mortgage now; and what is the new normal for home showings? more at the link . . .
Market Matters April 30th
Buying or selling home during the pandemic; Fannie Freddie loans will not require lump sum forebearance payment; home sellers staying firm on price; read more at link. . .
Market Matters April 23rd
Livestream open houses on REaltor.com; investigate your loan's forebearance conditions before you do it; watch out for fake checks in the mail; prepare to buy a home under newer pandemic conditions; and mortgage rates are so low . . .
Market Matters 4-16
See the IRS portal for stimulus check payments; California home sales feel impact of shutdown; Hispanic homeownership increased in 2019 . . . read more at link
Market Matters, 4-9
In spite of CoronaVirus pandemic, you can still buy a house, but be aware of how the real estate industry, and Realtors, must address certain issues. Find out more about certain loan forebearance terms, and what homeowners may experience in contacting their lender. Interest rates are at record lows, be prepared to handle the application --- more at the link
Market Matters 4-2
Virtual home tours soar, buyers still need to buy, and there's a new way to view properties; certain types of home appraisals have relaxed standards, which some buyers and sellers are finding helpful; how to keep your home virus free, all important information for selling and buying . . . more at the link.
Market Matters March 23rd
prior to COVID-19 outbreak, February home sales were up over 5% from one year ago, median home price was up over 8%. Home sales jumped 6.5% in February, 30 year mortgage rates under 4%.... read more at the link
Market Matters 3-16
Consumer confidence still high; mortgage application surged 55% higher from week earlier; more at link.....
Market Matters 3-9
Emergency rate cut with COVID-19 as market issue; U.S. housing market still undersupplied 3.3 million homes; mortgage rates at all time low.... more at link
Market Matters 3-2
Home prices up for 34 consecutive quarters since Sept. 2011; pending home sales up as boost from low mortgage rates; consumer confidence highest in 6 months .... read more at link....
Market Matters February 20th
The truth is.... such low rates as now will save you a lot of money; California January median price home was down 6.5% from December, making another good reason to buy now; buying a home is work, it pays to work with a knowledgeable Realtor . . . . read more at the link....
Market Matters, February 6
Buy a home with less than 20 percent down; Buying a home requires time and effort, not just for Millennials; U.S. homeownership at multi-year high; read more at the link . . .
Market Matters, January 30
Read more about improving your exterior curb appeal for a quicker sale; did you know your FICO score rules could be changing? Read how it may affect your score....
Market Matters, January 6, 2020
November sales of existing family home increased over 5%, while median home price increased over 6%, from one year ago. Housing permts and new construction starts have increased as well. read more at the link . . .