Currently Browsing: Real Estate Market
1031 Exchange – What You Need to Know
If you own any investments, such as rental properties, then it is essential that you understand how 1031 exchanges work. This type of transaction is a special strategy often used by investors who want to expand their investment properties and defer tax…
Read MoreThe Truth About Zillow and Redfin Estimates: How Accurate Are They?
In today’s video, I am covering a topic that I often talk to clients about: how accurate is my Zillow or Redfin estimate online? In general, they are within 10% up or down of the real value of your property. An Interesting…
Read MoreHow to Verify Property Ownership: The Ultimate Guide for Agents
Scammers are constantly looking for new strategies to use to steal money, and the real estate industry is one that is often targeted. The good news is that if you are working with a trusted real estate agent, then you can have…
Read MoreAre You Wanting to Move Out of State?
Have you thought about moving out of state? If you own a house here in the Temecula area and you are thinking about selling that house – pause for a moment to explore your options. Maybe you shouldn’t sell the house yet?…
Read MoreIs My Equity Safe in this Real Estate Market?
As a homeowner, you are probably wondering whether your home equity is safe in this real estate market. We are seeing more questions from our clients about the safety of their real estate investments. Really, what they are asking is: do we…
Read MoreEffect of the Government’s Foreclosure Avoidance Programs on the Housing Market
We are seeing changes in foreclosures, especially as state and federal governments are putting more protections in place to reduce the likelihood of homeowners losing their properties in foreclosure. Recently, there has been some talk about the government’s foreclosure avoidance programs and…
Read MoreInventory Still an Issue in 2024?
In today’s video, I want to talk about why real estate inventory is still an issue. Last year in 2023, we saw a dramatic increase in interest rates. Everyone knows it and the news has been talking about it. But what we…
Read MoreWhat Happens When You Remove a Contingency?
Contingencies involve buyers and sellers negotiating terms and conditions under a set timeline. For buyers, contingencies give you time to assess the property thoroughly and see if it’s something you want to put your money behind. Sellers eagerly await the contingency period…
Read MoreInventory Levels in Real Estate: Why It Matters for Home Buyers and Sellers
Understanding inventory levels and their pivotal role in real estate prices can help you determine when is the right time to buy a house. Since the 2008 real estate meltdown, the market has experienced notable shifts in supply and demand. Let’s explore…
Read MoreUnveiling the Hidden Benefits of Homeownership
Owning a home is a sign of stability and sound investment strategies. But what are some hidden benefits people do not talk about as much? Beyond the obvious perks of having a place to call your own, let’s talk about some lesser-known…
Read MoreSuccess Stories: Purchasing Real Estate As an Investment
You may wonder, is it even worth investing in real estate if you can only afford to put 10% down? The truth is that real estate appreciates each year. Whether you pay for it in cash or have a loan on your…
Read MoreWhere Is the Opportunity in a High-Interest Environment?
Interest rates are higher than they’ve been in the past. So, where is the opportunity in buying a home while interest rates are high? The good news is there is always room for changing your interest rates by refinancing later. Why not…
Read MoreHow to Maintain Expectations When Selling a Home
There is a lot that goes into a real estate transaction, which is why it’s essential to ensure that you are working with an experienced agent for assistance. A pro can help you maintain realistic expectations, and also structure the deal to…
Read MoreWhat You Need to Know About Rising Interest Rates
It always seems to be a roller coaster ride when it comes to interest rates – the numbers go up and down over the years. Currently, rates are going up, which means that the interest costs on a loan are higher. Ask…
Read MoreIs the Real Estate Market Going to Crash?
With real estate prices at an all-time high, many people are wondering if the end is in sight. Are these current trends sustainable? Will the market crash? It feels like 2008 all over again, which has homeowners wondering if we’ve reached the…
Read MoreHow Much Does Inventory Affect the Real Estate Market?
It’s normal and expected for real estate inventory to go up and down over the years, and these fluctuations impact home prices and availability. It all comes down to supply and demand: if home inventory is low, then competition goes up and…
Read MoreWe All Want to Know, When Is a Housing Crash Coming?
Is the housing crash coming? And if so, when is it going to occur? I hear this question all the time! This is a topic that is being discussed throughout the country as families are facing high costs and rising interest rates…
Read MoreWhat Does It Mean When It’s a Seller’s Market?
Right now, the housing market is in the seller’s favor, which is why we call it a seller’s market. You will find that you have to fight for a home by entering a bidding war, waiving the inspection or appraisal, or making…
Read MoreWhy Are There Not Enough Homes for Sale?
What is up with 32-year-olds messing up our housing inventory? It’s true that our current housing inventory issues can be affected by first-time homebuyers. Today, I want to break this down so you can understand what is going on in the real…
Read MoreInterest Rates are Going Up: What it Means for Home Buyers
After many years of low interest rates, we are starting to see increases in the mortgage rates. As inventory stays low and demand continues to hold strong, is it likely that interest rates will continue increasing? If you’re thinking about buying or…
Read MoreWhy Sellers Call the Shots in the Current Market
It is a seller’s market where they can call the shots with appraisals, inspections, and no concessions, while buyers have to agree in order to win a bid on a house. So why do sellers have the advantage? And how can you…
Read MoreShould You Worry about Interest Rates Going Up?
In recent years, we’ve seen a lot of ups and downs with interest rates for home loans. Right now, rates are going up, which means that you can expect higher interest costs now compared to a year ago. Will these rates continue…
Read MoreShould You Hire a Stager When Selling a Home
You are getting ready to put your home on the market. It’s both exciting to consider new opportunities, and sentimental to think about moving away from a home where you’ve created so many memories with your loved ones. As you are preparing…
Read MoreHow to Get Your Offer Accepted
It is challenge to get an offer accepted in today’s competitive real estate market. So today, I want to talk a little about the things you can do to get your offer accepted right now. Addressing an Appraisal Shortage One of the…
Read MoreAppraisal Waivers & Your Down Payment
How can you sign an appraisal waiver on an offer and still have the same out-of-pocket costs? Today, I want to talk about appraisal waivers in relation to your down payment. Are you putting down 10%, 15%, 20% or more on your…
Read MoreWill the Market Crash Soon?
As home prices continue to rise, the most common question asked is if we are headed for another crash like the crash that happened in 2008. A few factors provide evidence that today’s housing market is not the same as 2008’s real…
Read MoreInventory: How it Affects the Real Estate Industry
As inventory ebbs and flows over the years, it has an undeniable impact on the real estate market. It’s a basic principle of supply and demand: when there aren’t many homes available, then buyers are willing to pay more to get…
Read MoreHelp Me on Yelp by Leaving a Review!
It is vital in the real estate business and all businesses to have several customer reviews available. Finding a new company is difficult, but it’s made easier when you have real-person reviews that back up the company’s reputation. We would love for…
Read MoreWhat is Procuring Cause?
What is procuring cause? This is a topic that comes up again and again in the real estate industry – it’s a common question I answer for my clients. So, I thought it would be good to address in a video to…
Read MoreVA Loans Changes in 2020
A lot of things have happened this year, some of which have distracted us from notable industry news! One thing that shouldn’t be overlooked in 2020 is one of the most significant changes in our industry that needs to be highlighted: changes…
Read MoreIs a Housing Crash Coming?
This is a frequently asked question in the real estate industry: is a housing crash coming? Because the housing market is booming right now, people seem to think a big crash must be on its way. Here’s why the real estate market…
Read MoreWhy the Current Market Favors Sellers
Sellers are at an advantage when it comes to real estate. A house goes on the market, and within 4 hours, it has several bids, many above the asking price. Why is this happening? And how can you get the house of…
Read MoreTips to Get Your Offer Accepted in a Tough Market
Are you or someone you know in the market to buy a home right now? The industry is competitive, which means that it can be hard to get your offer accepted. It can feel frustrating to get passed by time and time…
Read MoreRent Control Changes for 2020
Did you know that there is rent control in our area? This program puts a limit on the amount that a landlord can increase the monthly rental charges for their tenants. When the lease or contract is up, it is common for…
Read MoreAppraisals: What to Do in a Hot Market
One of the byproducts of a hot market is that appraisal prices tend to come in low. When an appraiser finalizes the numbers for a home, they find it challenging to justify the higher prices. Home Prices in a Strong Market It’s…
Read MoreJune Update in the Real Estate Market
As you can see in the video, I’m still shooting these updates by myself. Even though I don’t have a pro camera team, I want to share some communication with you to let you know that things are still moving in the…
Read MoreReal Estate Updates: Inventory During COVID-19
I’m sharing a bi-monthly update to help you know about the things that are happening in the real estate industry during these uncertain times. Many people are curious about how the real estate market is affected by COVID-19, so I’m working hard…
Read MoreHow Can I Help? Let Me Know!
As you can see, I’m still coming to you live from my house – sharing these videos to keep you informed of what we are seeing in the industry right now. I don’t have any significant updates this week in terms of…
Read MoreHow Inventory is Affecting the Local Real Estate Market
Today I’d like to talk about inventory. It has been our one saving grace on the sales side. Meaning, there are less home listings on the market this year than there were at the same time last year. That continues to be…
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