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Buyers often spend too much time thinking about the cosmetic decor of a house and not if it is in the right location and has the right bones.
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There are programs out there to help some first-time buyers with down payment assistance.
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This article provides a good overview of information for first-time buyers.
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In California the process can take up to nine months but for the patient, buying a house this way can be a great option.
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Canada is fighting its own battle with a lack of housing. The government has decided it is foreigners that are running up the prices so they have put a 2-year ban on housing purchases by non-residents in hopes of tapping down their interest. The ban was announced in the New…
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Pending home sales recorded in November were the second-lowest monthly reading in 20 years as interest rates, which climbed at one of the fastest paces on record this year, drastically cut into the number of contract signings to buy a home according to the National…
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The median price is down but so is inventory. I think we will see sales pick up in late January but I don't see the median price going up until interest rates go down further - perhaps the second half of…
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The California State Association of Realtors (CAR) recently had a class on financing which I attended. They had a fabulous graphic presentation which really highlighted the difference in purchasing power between a mortgage interest rate at 3 percent and at 7…
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Latest Market Statistics Existing, single-family home sales totaled 274,040 annualized in October, down 10.4 percent from September and down 36.9 percent from October 2021.The statewide median home price for October was $801,190 down 2.5 percent from September and up…
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The housing market continues to feel the fall-out from the Fed's inflation fighting plan. If there is good news it is that sales prices are still up over last year at this time but are moving toward a more balanced market. The bad news is that rates may go up yet again in…
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I just finished a class on cyber security. We all know there are threats to us through our phones and computers and other linked "smart" devices. Of course I am interested in knowing as much as possible about general cyber security but in real estate we…
