2 Factors to Watch in Today’s Real Estate Market Whether Buying or Selling When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of those factors. […]
Central Valley Housing Market Appears To Heading Toward A Normal Market.
How Does the Supply of Homes for Sale Impact Buyer Demand? The price of any item is determined by the supply of that item, as well as the market’s demand for it. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest […]
Something To Know About PMI When Considering Buying A Central Valley Home.
The Cost of NOT Paying PMI Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required, and it is this limiting belief that […]
Lower Central Valley Homes Have Great Percentage Of Appreciation
How Much Has Your Home Increased in Value? Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the […]
Is Central Valley Housing Heading Toward A Neutral Market? What Is A Neutral Market?
Is the Real Estate Market Finally Getting Back to Normal? The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey: After the bubble burst in June […]
Real Estate In The Central Valley Is Still A Good Investment.
Home Prices: The Difference 5 Years Makes CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the last five years have fared. The graph below […]
Is The Central Valley Heading For More Of A Neutral Real Estate Market?
Are Homebuyers Starting to Hit the ‘Pause’ Button? For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012. With this being said, three of the four major reports used […]
Lawrence Yun, NAR’s Chief Economist, had this to say: “The reason sales are falling off last year’s pace is that multiple years of inadequate supply
NAR Reports Show It’s A Great Time to Sell! We all realize that the best time to sell anything is when the demand for that item is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that right now continues […]
Is the right thing for you and your family to purchase a Central Valley Home this year?
4 Reasons Why Fall Is A Great Time to Buy A Home! Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will […]
Nationally Home Prices Have Gone Up 6.49%. Stanislaus County Appreciated 7.8% This Past Year On Average Home Sales.
Home Prices Up 6.49% Across the Country! [INFOGRAPHIC] Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
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