A lot has been said about the millennial generation and the housing market. CoreLogic recently finished a two-part series in which they looked into younger buyers and first time homebuyers and their habits. In addition, the National Association of Realtors recently published their results for Home Buyer and Seller Generational Trends survey. Their … [Read more...]
The Drop of Housing
We are well into February and starting to see a seasonal housing drop. We’re experiencing the lowest levels in three months, shedding light on the limit of gains possible within residential real estate in early 2016. Housing saw a drop of 3.8% (1.1 million), down from 1.14 million the month prior. Like most things in real estate, there are many … [Read more...]
Housing Market Improvement
Positive Growth of Home Prices in August The steadily rising pace of home prices in August since the same time last year is a sure sign that the housing market is improving, in spite of an overall slowdown in our economy. The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.1% in the 12 months ending in August, according to … [Read more...]
Home Sales Are Rebounding in San Diego
Interest Rates Are Low With 30-year fixed interest rates averaging the lowest we've seen in months, many homeowners are wondering if now is the time to refinance. And while personal situations may dictate whether refinancing at these low rates is a good decision, there are some other factor to examine as well. And that’s only existing single family … [Read more...]
2015 Mortgage Rates Start At A 20-Month Low
2015 Mortgage Rates Start At A 20-Month Low The year 2015 has kicked off with some great news for people looking to get mortgage to buy a new home. Mortgage rates have further depreciated, making it their 20-month lowest since 2013 in May. With the average thirty-year fixed rate mortgage hovering at 3.73 percent, now is the best time to get your … [Read more...]
Top Reasons You Should Buy A House Right Now
Top Reasons You Should Buy A House Right Now The housing market is definitely recovering, offering more favorable conditions for wannabe homeowners than ever during the past few years. This improvement comes as a result of a recovering economy – as employment is rising, buying power is getting stronger as well, so now can be the best time to start … [Read more...]
The Downsides of Selling Your Home Without an Agent
The Downsides of Selling Your Home without an Agent Selling a house in San Diego can be just as tough as buying one. To be able to get the best deal, you need to set the right price, advertise in all the right places, convince owners that your house is exactly what they are looking for and your price is the best they can get. You also need to be … [Read more...]
Obama Plans To Cut FHA Mortgage Insurance Premiums
Obama Plans To Cut FHA Mortgage Insurance Premiums On January 7, 2015, President Barack Obama announced that the administration plans to cut Federal Housing Administration mortgage insurance premiums. This move is expected to open the housing market to roughly a quarter of a million Americans looking to buy a new home. The announcement President … [Read more...]
Reasons Why You Should Buy Your New Home Before Spring
Reasons Why You Should Buy Your New Home Before Spring If you are planning to get a home but were intending to wait until spring, here are a few reasons why it’s best not to wait and to purchase your new home now. With predictions of mortgage rates, interest rates and fewer homes on the housing market, it is best to take advantage of the current … [Read more...]
