Home Sales Up year Over year!

Home Sales Up Year Over Year!

• This is the 48th consecutive month with year-over-year price gains.
• Lawrence Yun, NAR's Chief Economist says that, "The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers."
• Inventory is still below historic norms at a 4.4 month supply.

 

It's a Great time to Sell because although prices re continue to increase the  low interest rates are driving buyers into the market.  Call me today for a Comparative Market Analysis of your home.

The Mortgage Process, Explained.

Ready to take advantage of the LOW Interest rates and take the plunge into Home Ownership? Well here's what you need to know about the Mortgage Process:

• Many buyers are purchasing a home with a down payment as little as 3%.
• You may already qualify for a loan, even if you don't have perfect credit.
• Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

 

Still have questions?  I'd love to sit down with you and my preferred lenders to talk about what type of financing makes sense for your budget. Call today to schedule an appointment.

As this info graphic shows the Real Estate market is set to change, as Boomers (Currently 32% of the US Population) retire the choices they make will impact Buyers and Sellers. This is something that I will definitely be keeping my eye on. How about you?

Home Prices Continue to Rise!

• The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
• In the report, home prices are compared both regionally and by state.
• Based on the latest numbers, waiting to move may end up costing you more!
• Home Prices in California Remain Strong with an Increase of 7.1%!

The Bottom Line: It's A Great Time to Sell, and it may not pay off to wait to buy. I'd be happy to provide you with a Competitive Market Analysis of your home and discuss with you Your Real Estate Goals so that I can help you to achieve Your Dreams!