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 . . .