Fannie Mae and Freddie Mac were created by Congress. They perform an important role in the nation’s housing finance system – to provide liquidity, stability and affordability to the mortgage market. They provide liquidity (ready access to funds on reasonable terms) to the thousands of banks, savings and loans, and mortgage companies that make loans to […]
Read More MEET FANNIE MAE AND FREDDIE MAC
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s concrete data […]
Read More 3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008
One of the many advantages to Buyers in this market is the increased ability to negotiate with Sellers on the terms of their purchase. One of these terms is the interest rate on the Buyer’s loan. Buying down a rate can reduce the effects of recent rate increases and lower your monthly payment. If you’re […]
Read More How Buying Down Your Mortgage Rate Works
There seems to be a great deal of confusion between our current market conditions and those of the 2008-era housing crisis.
Read More Are we really in a ‘housing recession’?
Consider me your #1 resource for all things Real Estate! Ready to-Transition from renting to owning? Buy an investment property? Combine households? Upsize or downsize your current home? Sell inherited property? Relocate out of the area? Start a home improvement project? Let’s Talk! Just send me an email or call 619-888-2117. Lisa Ashkins, MA – Broker Associate, […]
Read More WHY IT’S SO IMPORTANT TO HIRE A PRO
If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve missed your chance to sell your house and make a […]
Read More What Sellers Need To Know in Today’s Housing Market
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your greatest opportunity. Today, data […]
Read More Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate […]
Read More Two Reasons Why Today’s Housing Market Isn’t a Bubble
There’s a lot of noise out there right now about the health of the U.S. real estate market. While 2021 saw one of the busiest housing markets, predictions for what comes next seem to be almost exclusively negative in the press. Mortgage rates are rising, housing prices are still climbing, and a lack of new […]
Read More 3 Important Real Estate Metrics to Watch
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will […]
Read More How To Approach Rising Mortgage Rates as a Buyer