The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division […]Read More Home Prices: What Happened in 2020? What Will Happen This Year?
If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. […]Read More What’s the Difference between an Appraisal and a Home Inspection?
Buyers are still Buying and Sellers are still Selling. Despite the unusual circumstances, now is a great time to be proactive and positive when it comes to your real estate needs. If you have questions, just send me an email or call 619-888-2117. Lisa Ashkins, MA, CNE – Broker Associate, DRE#01764182 – Coldwell Banker WestRead More Should I Renovate My House Before I Sell It?
Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively engaged […]Read More Today’s Buyers Are Serious about Purchasing a Home
The housing market is back—and then some. Despite the crippling and ongoing coronavirus pandemic, millions out of work, a recession, a national reckoning over systematic racism, and a highly contentious presidential election just around the corner, the residential real estate market is staging an astonishing rebound. Median home prices shot up 6.2% year over year […]Read More Why a Pandemic, a Recession, and Protests Aren’t Keeping The Housing Market From Roaring Back
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate. […]Read More Why This Summer Is the 2020 Real Estate Season
In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, if you […]Read More Keys to Selling Your House Virtually
Before you try to become your own dime-store Chip or Joanna Gaines, go back and check the math again on that “fixer upper.” Then maybe check it a third time. That’s the message of a new survey, which found that despite the glamor and plethora of TV programs devoted to home renovation, most amateur fixer-uppers […]Read More The Dirty Secret About Most ‘Fixer Uppers’
It seems that whenever you pick up a newspaper or turn on the news these days, a scary word hits you in the face: “recession.” Germany is already teetering on the brink of recession; an unruly exit from the European Union this fall could cause one in Britain; and in the U.S., a rapidly escalating […]Read More As Recession Fears Rise, Here’s the Lowdown for Real Estate
Consider me your #1 resource for all things Real Estate! Household changing? Getting married (or divorced)? Time for a change of scenery or job relocation? Want to invest? Just send me an email or call 619-888-2117. I can help.Read More Motivated Millennials