Turlock Homes & Beyond | BRE# 01112786 | Century21 Select Group
As mortgage rates remain near record lows, this year may be the right time to buy a new home. The average rate for the 30-year-fixed mortgage stands at 2.65%, dipping from 2.67% just a week earlier. “If you are looking to purchase a home in 2021, you must be prepared to go to war,” said Steve … Read More “Here’s what to do if you plan to buy a house in 2021” »
Competition in real estate can be exhausting. You might really love the killer school district, convenient commute, or local attractions that made an area your #1 choice; however, as the bidding wars rage on, you might wonder, “Should I buy in a seller’s market?” If the answer to that question is “yes” for you, you’ll want … Read More “5 tips for buying in a seller’s market” »
The Federal Reserve plans to keep interest rates low throughout 2021 After falling to the lowest rate in Freddie Mac’s Primary Mortgage Market Survey’s near 50-year-history last week, the average U.S. mortgage rate for a 30-year fixed loan remained at a survey-low 2.67% this week. Last week’s announcement of a 2.67% rate broke the previous record set … Read More “Mortgage rates remain at record-low levels” »
Trend Realtor.com ranked 100 metropolitan areas based on forecasts of home sales and price increases next year, and summarized the forecasts into an overall score. This calculation predicts that California will have six of the 20 best-performing markets in the United States in 2021. Sacramento is ranked number one and is expected to grow by … Read More “California will have 6 of best U.S. housing markets in 2021 – Daily News” »
Source: cdc.gov As cases, hospitalizations, and deaths continue to increase across the United States, the safest way to celebrate the winter holidays is to celebrate at home with people who live with you. Gatherings with family and friends who do not live with you can increase the chances of getting or spreading COVID-19 or the flu. The COVID-19 pandemic … Read More “Holiday Celebrations and Small Gatherings 2020” »
California winters may be mild compared to what other parts of the country experience, but the weather can nonetheless take a toll on local residences. When a home isn’t properly winterized, the heavy storms and occasional freezes can cause everything from dry rot and roof leaks to cracked water pipes and crawl space flooding. That’s … Read More “How to Prepare Your California Home for Winter: Exterior Maintenance” »
For-sale inventory is at record lows. According to the latest Census data, there’s just a 3.6-month supply of homes nationally — the third-lowest figure on record. Construction is starting to pick up, so that should help alleviate things in the housing market. But existing homes? Those are another story. It begs the question: why aren’t homeowners … Read More “Why are sellers sitting on the housing market sidelines?” »
Reflecting Renewed Interest in Urban Areas After Pandemic-Driven Drop The uptick in urban home searches closely trails a 235% increase in searches for homes in rural areas. Home prices were up by double digits in both neighborhood types, reflecting both continued interest in rural life and optimism about the return of city life as the … Read More “Home Searches in Cities Up 200% From Last Year” »
By: Nellie Lazar, CRS How is it possible that in this year that has seemingly dragged on forever I’m finding myself right smack in the middle of November and asking, “How did we get here so quickly?” Yikes! Thanksgiving is right around the corner, and while I’m not hosting the usual crowd, I’m nonetheless maintaining … Read More “How to Host Thanksgiving Without Losing Your Mind” »
The numbers: Existing-home sales rose for the fifth consecutive month in October, as the housing market finally made up for the pandemic-related downturn in sales this spring. Total existing-home sales increased 4.3% from September to a seasonally-adjusted annual rate of 6.85 million, the National Association of Realtors reported Thursday. Compared with a year ago, home sales were … Read More “Existing-Home Sales Soar Despite Record-Low Inventory” »
