Beyond the Headlines, Oct. 15
CA home sales predicted to increase 3.3 percent in 2021, and an increase in the median price; falling behind on mortgage payments can affect owner voting; see more at the link....
Beyond the Headlines Oct. 8
Millennial age group is working hard to buy a home; will California wildfires push the market higher?; inventory shortage continues, worsened during the pandemic, but it already existed; new California bill to prevent corporations from grabbing foreclosed homes first;
Beyond the Headlines October 1
The average U.S. homeowner with a mortgage gained over $9,000 in equity in the last year, adding hundreds of billions of dollars in total to U.S. home equity...!!; what would California Prop. 19 do if passed? read more at the link, it could help sell your home...; Latino homeownership rate has risen steadily during the Pandemic; fewer homes are in mortgage forebearance than in the last 5 months, the Pandemic has brought surprises in housing market, read more at the link
Beyond the Headlines 9-24
Median home price in Southern California was up by 12% in August, to $640,000; Baby Boomer generation wants customized housing options, not mega retirement developments; read more at the link
Market Matters, September 17
Home buying fueled by many buyers wanting certain type of space; California median home price at $700,000; less money spent on commuting to jobs could help some renters buy a home;
Beyond the Headlines, Sept 10
How near record low in mortgage rates are helping consumers; what's the 30/30/3 rules in home buying, especially now? condo home buying is strong; home supply is constraining the selling market, read more at the link . . .
Market Matters, Sept 3
Help on down payment, Senate bill for 1st time homebuyers; different loans, VA, FHA, conventional, what is for you? ; California has new eviction protections, through January 2021; Read Warren Buffet's advice on refinancing now; see more at the link
Market Matters, August 27th
How to prepare your property for wildfire protection; California ranks #36 nationally in utility costs; Fair Housing Act of 1968 and discrimination ; read more at the link...
Beyond the Headlines, August 20
California home sales highest in last 2-1/2 years, market continues recovery; the housing market is what's keeping the economy moving; luxury home prices rise slightly in some areas; read more at the link . . .
Beyond the Headlines August 13
Higher home prices in California, dampen housing affordability; what are the top search terms buyers are using?; lower interest rates and low inventory equals more bidding wars; 3D virtual tours on the increase; more at the link . . .
Beyond the Headlines August 6
Buyers now more focused on at-home living and yard space, including pools; virtual tools allowing nearly half of buyers to make offers sight unseen; why is the gap between White and Black homeownership wider than before the Civil Rights Movement? . . . read more at the link . . .
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