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Where’s the Real Estate Market Headed? We all know that inflation isn’t tamed overnight. It takes time for the tools the Federal Reserve Board (FRB) has to take effect. Since I’m in the real estate business, I see the effects…

Is the Housing Market Cooling off??? Here’s a good handful of indicators that the housing market is cooling off. This being said, we’re closer to the real estate market we were at in 2019, before COVID. We’ll Keep an eye on…

What’s the difference between a Mortgage Banker and Mortgage Broker? This is an Important question and here’s why: A mortgage banker works for a single lending institution… like a bank, credit union or mortgage company… that services, sells or originates residential…

WHOA!!! Stop with the Rate Hikes Please!! This is what the increase in interest rates means to the average home buyer. In October of 2021, the mortgage rates were about 3%. Today, they are about 5.25%. On a $500,000.00 home, the…

The SCOOP on Interest Rates: Recently, a client asked me why interest rates for Re-finances are LOWER than Purchases?Here are a few of the reasons:Mortgage bankers/lenders lend … on Risk! The less risky a potential mortgagor is, the better the…

The Fed says as many as 6 rate hikes this year: The Federal Reserve Chairman (Fed Chair) J. Powell, announced earlier in March that he was launching a ‘high-risk’ effort to tame the worst inflation since the 1980’s. Backing his…

Median Home Prices for SFV, SCV and AV: Top O’the Month to you all and Happy St. Patty’s Day (March 17th). Now that the numbers are in for 2021, I’d like to share with you where the median home prices…

How Rising Interest Rates will affect the Spring Housing Market. Well, there are a couple of things we have to look at before we dive into the future… 1). Over the past 2 years there has been an increase in…

If you know of someone wanting to get their real estate license, The Hier Advantage Real estate Sales and Service now has their very own Real Estate School… www.avreschool.com Our motto, Pass the Test, We’ll Teach You The Rest! The…

Closing Out The Year: Yes, it has been another wild ride. While we were still dealing with the Pandemic (mask wearing, hand sanitizing, vaccines and the like) we were pretty much able to move freely about. The latest numbers from…