The Cost of Renting vs. Buying a Home [INFOGRAPHIC] Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), the choice becomes obvious. Every market is different. […]
You Could Lose Thousands Of Dollars, If You Aren’t Using A Realtor In The Central Valley!
Hiring an Agent to Sell Your House May Cost You NOTHING! There is no doubt that it is easier to sell your house when using the services of a local real estate professional. The agent will provide: Greater exposure to more buyers The skills of a professional negotiator A layer of protection from possible legal […]
This Is A Great Time To Buy A Luxury Home In The Central Valley!
Moving-Up to a Luxury Home? Now’s the Time! If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control. The inventory of homes for […]
If You Are Renting In The Central Valley, You May Be Throwing Your Money Away!
Buying Remains Cheaper Than Renting in 39 States! In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose […]
Thinking Of Selling Your Central Valley Home? You Should Do It Today!! Inventory In Stanislaus County 1.8 Month Supply.
Thinking of Selling? You Should Do It TODAY!! That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY! In a recent article by CBS News, they explained that the number of […]
Good News – Home Buyers Are Still Buying And Home Sellers Are Still Selling In The Central Valley!
4 Reasons to Sell This Fall [INFOGRAPHIC] Some Highlights: Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available! Housing inventory is still under the 6-month supply that is needed for a normal housing market. Perhaps the time has come for […]
34% of Americans chose real estate, followed by stocks at 26% and then gold, savings accounts/CDs, or bonds. Central Valley Residents Should Consider.
Net Worth of Homeowners 44X Greater than Renters Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since 2013. At the […]
National Builders And Central Valley Lenders Are Being Creative In Helping Student Loan Debt.
Builder Offering to Pay Off Student Loans for Buyers Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate […]
Central Valley Millennials May Lose $500,000 Over The Years….
Millionaire to Millennials: Buy a Home Now! In a CNBC article, self-made millionaire David Bach explained that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.” Bach went on to explain: “If millennials don’t buy a home, their chances of actually having any wealth in this country are […]
No… You Do Not Need 20% Down to Buy A Home In The Central Valley Now!
No… You Do Not Need 20% Down to Buy NOW! The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for […]