Posts Tagged ‘home sellers’
Will Increased Interest Rates Affect the Housing Market?
The reality of rising mortgage rates is of concern to home buyers and sellers. Normally interest rate increases alone would not be much of a concern but combined with continued low inventory and high prices many wonder if the housing market will be able to sustain itself; there are 3 – 4 expected rate increases…
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New Tax Plan Will Affect Home Sellers Living in Homes Under 5 Years
If you are a future home seller the new tax plan will affect your taxes, so pay attention. Both the House and Senate bills plan to extend the tax benefit that home sellers receive, and this can hurt your bottom line. The current law allows home owners a tax break upon resale of their property…
Read MoreNorth San Diego Coastal Real Estate Sales: 10/16-10/17
Sales in North San Diego have jumped considerably between October 2016 and October 2017. The chief economist for the California Association of Realtors predicts that sales will be up 8% for the year. For 2018 the prediction is a 4.2% in appreciation and a slight increase in sales volume. Here are the statistics for North…
Read MoreProtect Yourself: What You May Not Know About Escrow Companies
Most people know that escrow is the party that handles the money, paperwork and closing details of a transaction in California (and other states – the remaining states use attorneys for closings). But many do not know that escrow and escrow officers can fall under two regulatory categories, and that this could have an effect…
Read MoreWhy NOW is the Time to Sell Your Home
Many people have been on the fence about selling this past year, due to the fact that inventory is low and they are concerned they may not find replacement housing right away – I personally have been assisting multiple sellers with such concerns. That of course keeps the inventory stagnant and prices high – a…
Read MoreHow the New Tax Reform Could Effect Real Estate
If you own a home or are thinking about purchasing one, you need to be aware of how the new proposed tax reforms could effect you and the effect they may have on the real estate market. Here are some of the proposed changes: Tax Increases/Doubling of the Standard Deduction. Taxes could increase for hundreds…
Read MoreWhy Flat Fee Brokerages May Not Benefit Sellers
Flat fee brokerages have been around for a long time, and recently there have been a few additions to the real estate flat fee brokerage world. For those who do not know about these companies, they attract home sellers by promising to list homes for a set fee that is lower than what the average…
Read MoreWorking with One Agent vs. a Real Estate “Team”
I’ve seen a lot of changes in the real estate industry over the last 14 years, and one of the biggest has been the increase in the number of “teams.” A team is a group of real estate agents who work under one broker. For example, say John Smith works for Real Estate Company, and…
Read MoreCrazy Things Are Happening in Local Real Estate Markets
The real estate market is going CRAZY…well, at least in my local area. After over a year of increased prices and low inventory, multiple offers and crazy shenanigans so that people can get into homes, there are some strange things going on all of a sudden – since the start of August. Here is what…
Read MoreAre Short Sales Still Great “Deals?”
Here we go again…short sales seem to be hitting the market once again, due to rates resetting on adjustable interest rate loans. Back in the heyday of the housing market meltdown these types of properties were often times great buys, so long as a buyer had the patience to wait. For those not familiar with…
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