Interest Rates Paralyze Thinking For Home Buyers, unfortunately I have seen this happen several times in my 31 year career and over 50 years of being involved with the family real estate business. Getting into the market, meaning become an home owner is the real goal to focus on. Sure, maybe the affordability due to interest rate volatility is a factor but not the only factor.
Here are a couple points to consider in favor of buying a home with current economic conditions:
1. Interest rates change often, they can soar up or trickle down, usually up.
2. We experienced once in a h...
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Here’s the truth. And it’s not what the news is telling you.
Everybody’s been hitting me up asking the same question this week: what does this Iranian war mean for the housing market?
So let’s go. I’m going to break this down for you in plain English — no spin, no panic, just the facts.
Where We Were Before It Hit
Mortgage rates dropped below 6% for the first time in years. Spring market was heating up. Demand was picking up. Inventory was still tight. It was starting to feel like the market was turning a corner.
Then on February 28th What the ...
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When it comes to building wealth, the choice between real estate and the stock market has been a long-standing debate. Popular media often highlights stock market booms, cryptocurrency surges, or tech IPOs, but they rarely dig into the long-term reliability and tangible advantages of real estate. In regions like Humboldt County, where the real estate market includes vibrant communities such as Eureka, Arcata, Fortuna, and Ferndale, the conversation becomes even more relevant. While both investment paths have their merits, there are critical differences, overlooked factors, and regional dynamic...
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The real estate auctions that happened before 2005 were more of trustee sales that took place in front of the house being auctioned. If you were to participate in those auctions, you would surely get a great deal, but there were drawbacks as well. If you won the bid with the highest amount then you were required to pay cash in full. Also you were not given an opportunity to inspect the house. There were also possibilities that the house had a lot of mortgages on it. All this and more kept many investors from participating.
Before you visit an auction site, question yourself as to why...
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Your dream of owning a home in Elk Grove will no longer be a dream. With many loan programs for the first time investors on the Elk Grove homes for sale and all necessary information present on the internet, you can easily buy your dream home. With the right information and money in hand, your investment becomes easy. But it is essential that you handle your finances correctly. Here are a few steps to help you properly manage your money.
• Your credit score and credit grade will play an important role in determining the mortgage and interest rates that you are eligible to. So to begin...
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Have you just bought your dream home from the Sacramento new homes for sale? Are you willing to relocate to Sacramento, but are unaware of the community where you will be moving into? Well, you should have had found out about the community before you purchased the home! Since you have not done that, do not worry. We will help you know your community better! After reading through this article, you will be rest assured that you have bought a home in the country’s best community! You will be more than willing to relocate. So what is it that you have to know about Sacramento before you relocate? <...
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Just five minutes north from downtown Sacramento is the Natomas region, which is currently booming with real estate activity. This region is adorned by the Sacramento River on the west and the American River to the south. Previously this region was home to vast farmlands. Now the local government has planned a very reasonable and beautiful residential area by keeping in mind the preservation of nature. At present this region has 40,000 residents and the number of people moving into Natomas is on a steady increase. This area is a very good option for any investor.
Recession has had its impact on real estate too. The real estate market is now struggling in many areas of the country. The real estate agents and brokers have realized the importance of being a financial planner in accord to being a sales person. Traditional approaches to the current market do not have its stand in the global real estate market. With real estate transactions going online, agents are seeing themselves in new levels with professionalism and customer service. In such a situation, real estate agents are to be high on heels with technology.
Photography facilitates better communication. With the advent in technology, portraying your thoughts with the help of pictures has eased all efforts in communication. The online real estate market has taken the best advantage of community pictures on the internet. Today’s real estate investors prefer to buy homes on the internet. Their imagination about an agent’s description on the house is now supported by pictures uploaded on the agent’s website. By a click of the mouse, investors have the best view of the property they want to invest in.
As a seller, to get a better deal on your ...
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Photography facilitates better communication. With the advent in technology, portraying your thoughts with the help of pictures has eased all efforts in communication. The online real estate market has taken the best advantage of community pictures on the internet. Today’s real estate investors prefer to buy homes on the internet. Their imagination about an agent’s description on the house is now supported by pictures uploaded on the agent’s website. By a click of the mouse, investors have the best view of the property they want to invest in.
As a seller, to get a better deal on your ...
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Sales of existing homes in the Sacramento area climbed 2.6 percent from June to July – far short of the surprising 7.2 percent rise nationally that sent stocks soaring Friday.
A July report showed sales of 3,495 existing homes in Amador, El Dorado, Nevada, Placer, Sacramento, Sutter, Yolo and Yuba counties, according to San Diego-based researcher MDA DataQuick.
Buyers also closed escrow on 320 new homes to pu...
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WASHINGTON – Nearly three years into the deepest U.S. housing slump in generations, lenders are modifying only a small number of problem mortgages, and rising foreclosures are restraining the economy’s recovery.
The Obama administration has stepped up pressure on lenders and their mortgage servicers, who act as bill collectors on behalf of investors who own mortgage bonds. The administration on Aug. 4 unveiled the first of what...
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Sacramento’s new-home sales are still down and out, but some capital-area builders are betting money that the region’s suburbs will soon resume their growth boom.
They’ve begun snapping up ready-to-build home lots at prices ranging from $25,000 to $67,000, setting the stage for a new suburban land rush.
The phenomenon suggests that a real estate...
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The real estate market isn’t cured yet, but several indicators suggest that it is beginning that long, slow and greatly anticipated climb out of intensive care.
If so – and if the patterns continue – the market here could stabilize, finally reversing the decline that has marked the capital region as one of the worst-hit metro areas in the United States. Sacramento’s ill-fated housing boom peaked four years ...
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