Turlock Homes & Beyond | BRE# 01112786 | Century21 Select Group
In America, housing affordability rates are at their lowest level in 40 years, per Intercontinental Exchange data, and U.S. households’ credit card debt is at an all-time high, MarketWatch reported. This is not a good combination for anyone looking to buy a home. Given this, it’s no wonder that many Americans are feeling the financial pinch. But despite the … Read More “7 Reasons You’ll Love Living In A Smaller Home” »
Leading economists weigh in at NAR’s Real Estate Forecast Summit on what to expect for home sales, mortgage rates, home prices and more in the year ahead. The housing market could open up more opportunities to home buyers in the new year and lead to a housing rebound after two years of sluggish sales, housing … Read More “More Home Buyers Expect Rosier 2025 Housing Outlook” »
Purchasing a new house is an exciting milestone but remember that the location of your dream home may be just as important as the house itself. Before diving into a property purchase, you may want to take the time to conduct thorough neighborhood research. This will help you evaluate whether the area is the right … Read More “Neighborhood research: A key step before buying your dream house” »
As the real estate market continues to evolve, experts are predicting key trends that will shape the home-buying landscape in 2025. It’s no secret that the housing market has experienced unprecedented highs and lows since the pandemic. To prepare for these constant changes, real estate experts monitor the industry to predict the next big trends for homebuyers. … Read More “5 Home-Buying Trends That Will Define 2025” »
Budgeting Beyond the Monthly Payment Understanding the hidden costs of homeownership is crucial for budgeting beyond the monthly mortgage payment. This blog post breaks down the basic costs of homeownership, including the monthly mortgage payment and its components (principal, interest, taxes, and insurance). It also delves into the hidden costs such as property taxes, homeowners … Read More “The Hidden Costs of Homeownership” »
Let’s Discuss the 2025 Housing Market Thaw The premise of a housing market thaw in 2025 is a compelling one, given the recent trends and expert predictions. Here are some key factors that could contribute to a more favorable housing market in 2025: Potential Interest Rate Reductions: As the Federal Reserve attempts to balance inflation … Read More “2025 Housing Market Outlook” »
Picture your dream home. Is it a traditional single-family home designed for a conventional nuclear family? Or does your idea of home include extended family — maybe your parents, in-laws, or a favorite aunt or uncle? If so, you’re not alone. While single-family living continues to be the dominant housing choice in the US, there’s … Read More “Better Together: Why multigenerational living is on the rise” »
The recent NAR settlement has introduced some key changes that are beneficial for you. One of the biggest updates? The new Buyer’s Agreement, which is now *required* before touring any home. Here’s what you need to know: **Legally Binding:** The Buyer’s Agreement is a contract between you and your real estate agent, outlining the services … Read More “FridayFacts; New Buyer Representation Rules” »
Buying a house today is vastly different than it was fifty years ago. Higher home prices, stricter regulations, and advanced technology have transformed the home purchase process. What’s more, economic changes and shifting demographics have had their influence as well. Below, we’ve discussed some of the many ways the homebuying process has transformed over the … Read More “How the Home Purchase Process Has Changed Over Time” »
If you’ve been keeping up with our series on the new homebuyer’s agreement, here’s something you need to know: There’s been a CHANGE in Real Estate Commissions Post-NAR settlement, sellers can still offer compensation to your agent, but it won’t be visible on public listings anymore. The good news is concessions are allowed, and … Read More “FridayFacts; Attention Homebuyers” »
