There are SO MANY things that can effect home prices. National and local economic health. Demographics. Home inventory (the relative availability of homes to purchase in a given market). They all play a role in San Diego home prices. Today's post deals with an ongoing news item that many people say will put a downward [...]
In a poll done by Gallup, people of all ages were surveyed about the different options that they had when investing their hard earned cash. The winner??? Real Estate! Not only did it turn out to be the #1 choice, it was the first choice of EVERY single age group they studied. When you're ready [...]
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average [...]
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and [...]
A recent study by the National Association of Realtors, Home Buyer and Seller Generational Trends, revealed that Millennials are a much higher percentage of the overall housing market than the public may realize. Here are the breakdowns: BUYERS SELLERS Bottom Line Contrary to what many believe, Millennials make up the largest percentage of all buyers [...]
If you ask American's where they most want to relocate, where do you think that might be? You guessed it! America's finest city, of course! In a recent national poll conducted by the American Planning Association, 44% of those surveyed said that they were somewhat or extremely likely to make a move in the following [...]
A recent study by Harris Poll revealed some very interesting information about home buyer opinions. According to their survey results, for the same price, forty one percent of Americans would prefer to buy a newly built home instead of an existing home. Twenty one percent prefer an existing home while thirty eight percent didn’t have [...]
From and early age we're all taught that the quickest way to achieve a goal is to seek out those who have already accomplished the goal and repeat! So, what if you are interested (as many people are) in creating wealth? If we are to take a tip from the people that already have wealth, [...]
Mortgage insurance can add quite a bit to your monthly payment! The good news is that, with our higher home values, you may be able to refinance out of your current (insured) loan and into one that doesn't require the additional insurance fees. Watch the short video below to learn more.