2023 CALIFORNIA HOUSING FORECAST C.A.R. releases its 2023 California Housing Market Forecast The baseline scenario of C.A.R.’s “2023 California Housing Market Forecast” sees a decline in existing single-family home sales of 7.2 percent next year to reach 333,450 units, down from the projected 2022 sales figure of 359,220. The 2022 figure is 19.2 percent lower … Read More “Newsletter, 11/11/22” »
Category: Real Estate News & Tips
What, exactly, is the 2023 housing market going to look like? It’s a difficult question to answer. Some may envision 2023 shaping up to follow in the footsteps of the 2008 subprime mortgage crisis with a possible bubble or crash. The majority of housing predictions, however, don’t believe we’re in for a huge housing disaster. GOBankingRates spoke … Read More “Housing Market 2023: Early Predictions To Know Now” »
When it comes to purchasing a home, what’s more important: the size or the location? While both are crucial factors, the one that’s most important to you will depend on your specific needs. Realtors will be the first to tell you that it’s all about the “location, location, location.” However, empty nesters looking to downsize and growing … Read More “What’s More Important: The Size of a Home or Its Location?” »
Retirement is on the horizon, and you’re thinking about relocating to another city. But before you sell your current house, you might want to consider remodeling parts of your home to increase its value. See the best renovations that will put money back in your pocket when you retire. Garage Door Replacement If your garage … Read More “10 Home Renovations To Make Before You Retire” »
Buy now, or wait? That’s the question prospective homeowners are struggling to answer in today’s housing market, where home prices have skyrocketed and mortgage rates have surged to a 14-year high. Many would-be buyers are leaning toward the “wait” side of that equation. In fact, 73 percent of consumers believe it is a bad time to … Read More “Should I buy a house now, or wait?” »
A little sweat equity can go a long way Whole house renovations can add value to your home, but there are ways to upgrade your home without going into debt or ransacking your savings. Painting, re-grouting tile, and power washing the outside of your home won’t cost a lot of money, but these do-it-yourself home improvement … Read More “Do-It-Yourself Projects to Boost Home Value” »
Did you know that your home’s decor has a heavy influence on your mental health? Recently, people have been spending more time at home than ever before. Sitting in the same place every day, looking at the same furniture and decor can get boring and take its toll on your mental well-being. Redecorating your home … Read More “Redecorate to Improve Your Mental Health” »
When you’re looking to buy a home, you obviously want to make sure you’re getting the best deal possible. One of the biggest factors you should consider when weighing your options is when it will be the right time to buy. Depending on the timing and demand for homes in your neighborhood, the price you … Read More “What is a Buyer’s Market?” »
When you’re ready to buy a house, it’s easy to get so excited about purchasing a new home that calculating the money you’ll pay in interest on a mortgage loan isn’t at the top of your list. It should be, though. Depending on the interest rate and size of the mortgage, over a 30-year loan term, you could … Read More “7 Ways to Save Thousands on Your Mortgage” »
Mortgage rate forecast for next week (Sept. 26-30) Mortgage rates are up for the fifth week in a row, with the average 30-year fixed rate reaching 6.29% on Sept. 22. This quarter-point growth came on the heels of another big rate hike by the Federal Reserve. At its recent meeting, the Fed signaled further rate increases in 2022 … Read More “Expert mortgage rate predictions for October” »