I remember growing up and as a teenager wanting my own place and to be an "adult". After all, it's an important right of passage to have your own home. At the same time, it was awfully nice to have your parents footing the bill for groceries and to keep a roof over your head. [...]
Yes, you read the headline correctly, it EASIER to own a home than it was in 1983. How in the heck is that possible??? Interest rates. In the '80's, home loan rates were incredibly high. In fact, they peaked at over 18%! Now, we understand the today's market is a bit freaked out by the [...]
It's been a month or so since we all attended the 1/2 day Craig Proctor event together. In the interest of helping you all do even MORE business in the coming weeks, months and years, listen to the two exciting things I have to share in the video below.
Finally, some good news for people who were hit hard by the recession. Watch Kim's short video below to learn more.
It's amazing to look back over the last several months and see what has happened to the market. For the most part, we all knew the market would come back but many of us didn't expect it to happen so quickly and with such force. While home owners have enjoying higher and higher values, many [...]
Here are three great reasons to consider buying a home today instead of waiting. 1.) Prices Will Continue to Rise Standard & Poors recently upgraded their 2013 forecast for the S&P/Case-Shiller Home Price Index to an 11% year-over-year increase from their original 8% projection. The Home Price Expectation Survey, which polls a distinguished panel of [...]
We often talk about the potential cost of waiting to buy a home. Today, we want to look at the actual cost for someone who waited over the last year. We used a 10% increase in house values as prices have gone up by double digits in San Diego on average. We looked at approximate [...]
The Home Price Expectation Survey is an interesting survey where some of the best minds in real estate, economics and finance offer there projections for where the market is headed. They're asked a number of different questions and the chart below indicates where they see home appreciation heading by 2017. It's interesting to be able [...]
It's funny to see how many people are trying to compare the market that we are in now to the madness that happened back in 2004-2007. Take a look at these numbers from Trulia comparing home prices.
DataQuick published a long press release today covering a truckload of real estate market stats for the Southern California market. Among them, the one I found most impressive was that San Diego County median home prices climbing more than 21% from May 2012 to May 2013. As you can see from the table above, San [...]
