Buyer news
Why the Real Estate Market WON’T Crash in 2021
There has been a lot of buzz lately about whether the real estate market will crash in 2021…I say that will not happen! Let’s look at the reasons why. 1. Loans and the inability to repay them are treated differently today.. Unlike the 2008 market crash, lenders have not been making a plethora of bad…
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Real Estate Market Update June 2020
It certainly has been a challenging time for all of us, but the real estate market does not seem to be affected. There are fewer homes for sale now than at any time since 2006 – according to Altos Research – and the number of listed homes seems to be falling rather than increasing, as…
Read MoreHome Prices are Rising
Well, it is official: home prices are on the rise. Despite that many analysts thought prices would likely not rise as we head into Spring that is not the case, at least not in the San Diego county housing market. Prices in San Diego climbed 4.6%, and traditionally more affordable cities are seeing price rises…
Read MoreGreat News for First Time Buyers
As many buyers are aware, the market has been slowly shifting to a buyer’s market, and this is great news for buyers. Here are some reasons why buyers can get excited about the market right now: 1. Homes priced in the lower third of the price range in San Diego county have been showing continual…
Read MoreIs Now A Good Time to Buy a Home?
I get asked this question probably more than any other, and right now there are a lot of people asking. Many are not sure what’s going on in the industry, but they see prices are not escalating like they did for the last few years. Many wonder if it is becoming a buyer’s market and…
Read MoreHome Buyers: On Your Marks!
It has been a VERY busy few months in San Diego real estate…at least for me. Now I am taking some time to enjoy the calm after the storm, and to help buyers find great properties. There has definitely been a change in the real estate market here, and in many areas across the country,…
Read MoreWhat’s Going on in the San Diego Real Estate Market?
As summer heat starts to roll into San Diego, real estate is (no surprise) also a hot commodity. Home prices in San Diego have been increasing for several years, and prices have risen 8% in the last year alone. They continue to rise in many areas during this busy summer season. Real estate booms can…
Read MorePossible End to Housing Shortage in CA?
There is a new voter measure that could put an end to the housing shortage in California if placed on the November voting ballot and passed. The proposition would allow homeowners 55 and older to reap tax benefits upon selling their homes by eliminating the “disincentive” to sell, and making it possible to move to…
Read MoreWill 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…
Read MoreLoan Limit Rate Changes for 2018
There is some good news on the real estate horizon for borrowers – the Federal Housing Agency (FHA) recently announced that the maximum conforming loan limits will be increased for Fannie Mae and Freddie Mac mortgages in 2018. High balance/super conforming maximum loan amounts in San Diego County will be $649,750.00 for single unit properties.…
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