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Rachel LaMar, J.D.
Broker, Attorney, Owner
LaMar Real Estate
Rachel@LaMarRealEstate.org
Cellular 760-310-9466
CA BRE# 01399682

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News, Views and Opinions on Real Estate, Law and the North San Diego Community

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rachel
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Rachel LaMar, J.D.
Broker, Attorney, Owner
LaMar Real Estate
Rachel@LaMarRealEstate.org
Cellular 760-310-9466
CA BRE# 01399682

News, Views and Opinions on Real Estate, Law and the North San Diego Community

Posts Tagged ‘homebuyers’

2021 Real Estate Market Predictions

It’s the time of year for my annual real estate market prediction for the coming year. First of all I want to say that this has been a difficult and strange year for all humankind. Life as we knew it is no more, we have changed the way we do everything – work, play, congregate,…

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Coming Right Up: More Buying Power For Buyers

Attention buyers using loans to purchase property: your buying power will be increasing this Spring. The Federal Housing Finance Agency announced it will be increasing conforming loan limits almost $38,000 starting in March. First let’s look at what exactly a conforming loan limit is. Fannie Mae and Freddie Mac are the guarantors of the majority…

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Why Are There So Many Active Homebuyers During a Pandemic?

Many people are asking this question lately – from real estate agents to renters to curious neighbors who see neighborhood homes sell with multiple offers for crazy high prices. Many in the industry will say the reason the market is so hot is because interest rates are SO low – many buyers with good credit…

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Home 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…

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Happy Holidays and 2020 Housing Outlook

Happy holidays to everyone! It feels like they snuck up on me this year but I always take this time to stop and county my blessings. My wish for you, your family and loved ones is that you have a beautiful holiday season filled with love…love is the most important thing there in our lives!…

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New Appraisal Exemption Rule In Effect

As of October 9 there are new rules on appraisal, or rather which homes will no longer require them. Certain properties under $400,000 are now exempt from appraisal. Instead, exempt properties will be evaluated by the lending institutions with an estimate on property value. Here are the properties that will fall under the exemption: 1.…

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How To Survive a Real Estate Transaction

Surviving a real estate transaction can be challenging at times, even downright difficult. But there are a few things to keep in mind that will help you along the way so that whether you are buying or selling you will be on the ball. Here are some tips: 1. Get a timeline at the start:…

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Great 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…

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Is 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…

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B of A is Offering Up to $10K to Qualified Homebuyers

Bank of America announced a new program to help buyers purchase homes by offering up to $10,000 in closing costs to close a home loan. This assistance can be provided to qualified low to moderate income earners and multicultural homebuyers under B of A’s Neighborhood Solutions Program. The goal of the program is to provide…

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