Home Buying Myths Slayed [INFOGRAPHIC] Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months!
A Lot Of Talk About Another Housing Bubble – Keep In Mind That Lending standards are nowhere near where they were during the build-up to the housing bubble for Central Valley Residence.
Are Lending Standards Propping Up Home Prices? Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may […]
Home Sellers Needed! Lack Of Housing Inventory Could Be Slowing The Central Valley Market.
The #1 Reason to Put Your House on The Market TODAY! The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may […]
Compare Today’s Central Valley Housing Market To The Housing Bubble Burst Ten Years Ago…
4 Reasons Why We Are Not Heading Toward Another Housing Bubble With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here […]
Good Advice For Central Valley Home Sellers On How To Price Their Home…
Selling Your Home? Here’s 2 Ways to Get the Best Price! Every homeowner wants to make sure that they maximize their financial reward when selling their home, but how do you guarantee that you receive the maximum value for your house? Here are two ways to ensure that you get the highest price possible. 1. […]
Could Lack Of Inventory Slow The Central Valley Housing Market?
Lack of Listings Slowing Down the Market As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will […]
You May Approve For A Loan. Now Is The Time To Speak With Your Central Valley Lender!
What You Need to Know About the Mortgage Process [INFOGRAPHIC] Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine […]
Central Valley Residence Can Hear What Experts Are Predicting For Future Housing NationWide.
Housing Will Not Fall Victim to Next Economic Storm Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact will a recession have on the housing market? Here are the opinions of several experts […]
Planning On Selling Your Central Valley Home? Benefits Of Staging.
Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC] Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% of staged homes saw a 1-10% […]
Is Home Affordability Approaching Crise Level In The Central Valley?
House-Buying Power at Near-Historic Levels We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First Americanreported that consumer “house-buying power” is at “near-historic […]
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