In today's real estate market, there is a fierce tug of war between high demand and low inventory, creating a challenging situation for homebuyers. The rebound in home prices has been evident, with three consecutive months of price increases. Some Continue Reading
Summer and spring home sales are experiencing a sluggish phase, primarily influenced by a combination of high prices, elevated mortgage rates, and lower inventory. This has significantly impacted the strength of the spring selling season, resulting Continue Reading
New home sales are experiencing significant growth as the housing inventory continues to face a severe shortage. With approximately 80% of current US mortgages being at or below 5%, homeowners are reluctant to sell or list their properties. This Continue Reading
In a surprising move, the Federal Reserve has chosen to pause its streak of interest rate hikes, which had spanned over a period of 15 months, with a total of 10 consecutive increases. This decision was made following the release of fresh data Continue Reading
The mortgage industry is currently facing challenges as the demand for mortgages is dropping, despite recent declines in interest rates. According to recent data, the average contract interest rate for 30-year fixed-rate mortgages with conforming Continue Reading
When it comes to summer fun, San Diego is the ultimate destination. With a plethora of attractions and activities, there's something for everyone in America's Finest City. From thrilling amusement parks to stunning beaches and breathtaking hiking Continue Reading
Mortgage rates have been experiencing significant fluctuations in recent times, hovering above and around the range of 6.5% to over 7%. This instability in interest rates has a direct impact on the monthly payments for homebuyers seeking a $400k Continue Reading
After a year of declining prices, the real estate market is finally showing signs of life with prices beginning to rise again. However, the recovery is not uniform across all regions, with the West experiencing the most significant impact from the Continue Reading
Summer has finally arrived in sunny Southern California, and families are thrilled to explore the myriad of exciting activities this region has to offer. With its reputation as a hub for family amusement parks, Southern California promises an Continue Reading
