Turlock Homes & Beyond | BRE# 01112786 | Century21 Select Group
Can you remember three months ago? In just 90 days, things have changed dramatically. Just 90 days. Yet, in that short amount of time, the way we think about where we live and how we live has completely changed. In the latter part of those 90 days, I have heard from many people that the … Read More “Working From Home Is Changing The Way We Think About Where We Live” »
Your home is likely one of the biggest financial investments you’ll ever make. While experts disagree on whether or not it’s an investment, you want to get the best price for it you can when it’s time to sell. Though a home can be expected to increase in price in the long-term, there are a … Read More “The Most Common Reasons Homes Lose Value” »
Anyone who’s planning to buy a home, or thinking about refinancing the loan on their current abode, has probably been giving mortgage interest rates a lot of attention—and getting frustrated as they fluctuate up and down. The average interest rate for the most common type of loan hit a new all-time low of 2.94% on … Read More “Mortgage Rates Were Rising, Then Hit a Record Low of 2.9 Percent” »
…as the economy picked up jobs as states reopened. In a surprising turnaround, 2.5 million jobs added as the economy shows signs of stabilizing. The federal unemployment rate declined to 13.3 percent in May from 14.7 percent in April, the Labor Department said Friday, a surprising turnaround after months of job losses that was hailed … Read More “Unemployment rate drops to 13.3 percent…” »
The housing market started showing signs of strengthening in May as states started to reopen after being on lockdown from the COVID-19 pandemic, realtor.com®’s latest May Monthly Housing Trends report shows. More listings are coming on the market and home prices are standing firm. The national median listing price reached a new record high of … Read More “List Prices Hit a New High, Inventory Shortages Abound” »
Getting a mortgage, paying your mortgage, refinancing your mortgage: These are all major undertakings, but during a pandemic, all of it becomes more complicated. Sometimes a lot more complicated. But make no mistake, home buyers are still taking out and paying down mortgages during the current global health crisis. There have, in fact, been some silver linings … Read More “What Your Lender Wants You To Know About Getting a Home Loan During COVID-19” »
House hunters are reportedly placing a higher priority on properties with a pool during the COVID-19 pandemic. Searches for single-family homes on Compass’ website for homes with pools are up threefold, Robert Reffkin, CEO of Compass, told CNBC’s “Squawk Alley.” Further, listings showing off outdoor space appear to be more in demand with home buyers … Read More “In Listings, Show Off That Pool, Outdoor Space” »
Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the economy will turn around. If you’re trying … Read More “Will the Housing Market Turn Around This Year?” »
Many homeowners have a lot of money in their homes. During the first quarter of this year, 26.5% of residential properties or 14.5 million were considered equity rich, meaning the owner had at least 50% equity in their home, ATTOM Data Solutions reports Thursday. “Homeowners’ balance sheets generally remained strong in the first quarter of … Read More “More Than a Quarter of Properties Are Equity-Rich” »
Mortgage applications for home purchases, a gauge of future home buying, saw a 12% uptick last week, reversing a month of plummeting activity due to the COVID-19 pandemic, the Mortgage Bankers Association reported. Housing experts say it could mark a sign that homebuyers are returning. Refinancing demand fell last week, which caused the overall volume … Read More “A Sign Buyer Confidence Is Shifting: Mortgage Applications Rise” »
