Check Out News and Updates on Local Real Estate

A LinkedIn article states that approximately 90% of millionaires attribute their wealth to their real estate holdings. As we know, buying and owning your own home is one of the…

Coming Soon… a MANDATORY Buyer Representation and Broker Compensation Agreement (aka BRBC) between a home buyer and their real estate agent… very similar to the Residential Listing Agreement (RLA) for…

Pent up demand and lower interest rates will be the driving forces for the real estate market this Spring.For example, in November of 2023 the 30-year mortgage rate was 7.76%.…

Every now and then I take a look to see how home prices fared on a year over year basis. Today I will be using the time frames from November…

As you may have heard, interest rates have come down quite a bit. According to Freddiemac.com, mortgage rates have come down about 1.125% since October 26, 2023 even though the…

In a recent study I found that the number of homes that sold (sales volume) decreased from the two-month period of September 27 th to November 27 th of 2022…

Here’s a new twist on an old product… Assumable loans. FHA (Federal Housing Authority) and VA (Veterans Administration) backed mortgages can be assumed as long as the borrower qualifies. An…

A 2-1 buy down helps home buyers save money on their mortgage payments for the first two years of their note/mortgage. Here is an example: We’ll say the prevailing interest…

This question comes up often. Sometimes, it feels like we’re going for a ride or… are we just along for the ride. Because, we don’t have any control over what…

Home Sales vs Home Prices: As mentioned in an earlier newsletter, the elevated mortgage rates and limited housing supply are suppressing home sales in California (and across the nation). Let’s…