Bottom Line: If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300. Ready to sell? Let’s connect to talk about how you can use that […]Read More Do you Know hOw Much Equity You Have in Your Home?
If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things […]Read More What Every Seller Needs To Know About Renovating This Year
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam Khater, Chief Economist at Freddie Mac, explains: […]Read More The Main Key To Understanding the Rise in Mortgage Rates
Abundant curb appeal, lovely gardens, and whimsical touches are all apparent in these 11 storybook homes for sale right now. Quaint and charming, this style appeals to spirited buyers in search of a home beyond the basic tract dwelling. Built in the 1920s and 1930s, these magical cottages exude a sense of family warmth and […]Read More 11 Storybook Homes for Buyers in Search of a Happily Ever After
By: Cassie Carlisle Posted at 3:53 PM, Mar 31, 2021 and last updated 5:53 PM, Mar 31, 2021 SAN DIEGO (KGTV) – A proposition aimed at easing the housing crisis in California takes effect April 1st. Proposition 19 spells big savings for Californians who want to downsize at a later stage of life. “It allows any California home owner who […]Read More Prop 19 goes into effect April 1st, here’s what it means
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?
For some people, a house is more than just a place to live, it’s a branding opportunity — so why not give it a moniker? By Joanne Kaufman, NY Times Carol Morgan called her Chevrolet Tahoe, Thelma; she christened her diesel truck, Louise. It was only reasonable then that she would demonstrate at least as much […]Read More A House by Any Other Name
From: Realtor.com When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and soared to new heights. Paradoxically enough, one of the biggest drivers of the double-digit price hikes is the very same record-low mortgage interest rates that put […]Read More Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials (ages 25-40) say they’re interested in purchasing a home […]Read More Do You Have Enough Money Saved for a Down Payment?
Changing leaves, ripe pumpkins, crisp apples and spooky attractions signal that fall has arrived in San Diego, but this year will be different in the COVID era BY MONICA GARSKE • PUBLISHED SEPTEMBER 21, 2020 • UPDATED ON SEPTEMBER 22, 2020 AT 2:43 PM – NBC & San Diego Sept. 22 marks the first day of fall and, while the coronavirus pandemic may […]Read More THINGS TO DO THIS FALL IN SAN DIEGO COUNTY: PANDEMIC 2020 EDITION