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Market Trends A Letter to the Nation’s New Leaders: Right Now, the American Dream of Homeownership Is in Crisis By Damian Eales Nov 5, 2024 The average single-family home in America costs $420,000. If home prices had simply kept pace with inflation since 1963, that home would cost just $185,000. Regulations and other costs buyers bear add more than $90,000 to the price of a new home. And supply is not meeting nationwide demand. America must build as […]
Market Trends Why Home Sales Bounce Back After Presidential Elections With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down. Election Years Bring a Temporary Slowdown In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s […]
Market Trends Two Reasons Why the Housing Market Won’t Crash You may have heard chatter recently about the economy and talk about a possible recession. It’s no surprise that kind of noise gets some people worried about a housing market crash. Maybe you’re one of them. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash […]
Other Discarding Unwanted Household Items The saying “One person’s treasure is another person’s trash” is no truer than in the case of selling, donating or removing household furnishings that no longer serve you. What you are likely to find out is that your beloved Aunt Ann’s Hummel collection or your father’s prized recliner has little to no value in today’s […]
Selling 2 Reasons Sellers Should (Still) Offer to Pay a Commission to Buyers Agents If you’ve been planning on selling your house, or are currently in the middle of doing so, you’ve probably heard that there will be some changes in how your home can be listed and marketed, with regard to a commission being offered (or not) to buyers’ agents. While some listing agents may already be implementing […]
Selling Home Sellers: Here’s What the NAR Settlement Means for You As a home seller, you have a wide range of choices when it comes to listing your home. Agents who are REALTORS® are a trusted source of advice and stand ready to help you navigate this complex process and make the choices that work best for you. NAR’s recent settlement has led to several changes […]
Buying Home Buyers: Here’s What the NAR Settlement Means for You Buying a home is one of the largest financial transactions most people will ever undertake. Agents who are REALTORS® are a trusted source of advice and stand ready to help you navigate your homebuying journey and make the choices that work best for you. NAR’s recent settlement has led to several changes that benefit homebuyers, […]
Selling When to Sell a Home for the Best Profit Deciding to sell your home is a big deal. It requires a ton of careful planning, and having the answers to some hard-hitting questions like, how much should I sell my home for? Should I renovate before selling? Which Realtor is the right fit for me? And when is the best time to sell my […]
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Market Trends WHAT’S AHEAD FOR THE HOUSING MARKET FOR THE REST OF 2024? As we enter the second half of 2024, there’s one big question on everyone’s minds right now: what’s ahead for the housing market? With an upcoming Presidential election, affordability challenges, and a whole lot of confusing headlines out there, there are a lot of mixed feelings about the state of the housing market this year. But […]
Home Improvement Renovations: Good for Resale? According to a recent edition of the respected trade publication *Remodeling*, the top 23 major home remodeling projects were highlighted, with five of them offering homeowners more than a 100% return on investment (ROI). If you’re considering a home renovation, here are five standout projects worth contemplating: 1. HVAC Conversion While electric heat pumps might […]
Real Estate Understanding Supplemental Property Taxes After the Death of an Owner in CA In the realm of real estate, understanding taxes is crucial, especially when it comes to changes in property ownership due to life events like the passing of an owner. If you own property in California, you may have heard of supplemental property taxes but might not fully grasp what they entail, particularly after the death […]
Other Do Cash-Out Loans Come With A Tax Break? First you need to understand what a cash-out refinance is. In such a refinance, you swap your existing mortgage loan for a new mortgage in which you borrow a higher amount. You use the found cash to pay for whatever you’d like. For example, say you owe $150,000 on your current mortgage. You might refinance […]
Uncategorized Selling Smart: Why a Real Estate Agent Makes All the Difference If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress. Going this route means shouldering a lot of responsibilities by yourself – and, if you’re not an expert, that opens the door for mistakes to happen and can quickly […]
Market Trends Housing Market Forecast: What’s Ahead for the 2nd Half of 2024 As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry: […]
Selling The Downsides of Selling Your House Without an Agent Some Highlights Considering selling your house without an agent? You should know there are some serious downsides to handling it on your own. You’ll be missing out on marketing tools that draw in more buyers, pricing and market expertise, essential negotiation skills, in-depth knowledge of the fine print in contracts, and so much more. Don’t take all of this responsibility on. Instead, connect with an […]
Buying Focus on Time in the Market, Not Timing the Market Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered. If you’re able to buy at today’s rates and prices, it may be better to focus on time in […]
Uncategorized Buying a home? 111 reasons to use a buyer’s agent So, you’re ready to buy a home. Here’s your next 111 to-dos. * Get Informed – Do Your Research 1. Research the real estate industry and legal services to understand what’s available to you, including the entire process and necessity for legal representation. 2. Achieve proficiency in federal and state fair housing laws that protect […]
Buying Buyer’s Remorse Rooted in Surprise Property Issues Consumers may be distracted by fancy fixtures and finishes during a home tour, overlooking more serious problems, researchers say. Eighty-two percent of home buyers express regrets about their recent property purchase, according to a new survey(link is external) from Clever Real Estate. Their most common regret: buying a home that requires too much maintenance. Twenty-eight percent of […]
Buying What Real Estate Agents Wish Buyers Already Knew Heading into the spring buying season, practitioners want home buyers to be more realistic and organized. Home buyers need to be ready for the spring market, which is likely to see home prices continue to escalate amid stiff competition among consumers for slim inventory options. More than half of real estate professionals say that “managing […]
Real Estate California REALTORS® place open letter in California newspapers to mitigate confusion about pending changes in industry business practices “If you’ve been reading about real estate lately, you’ve no doubt heard about antitrust lawsuits and settlements by real estate brokerages and the National Association of REALTORS®. You’ve also heard about the settlements resulting in certain changes in how agents will be compensated for their work,” C.A.R. President Melanie Barker said in the letter. “Recent […]

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