If you’ve been waiting for mortgage rates to drop, the good news is that it is already happening. Recently, rates reached an important milestone, dipping into the 5 percent range for the first time in about three years. Today, rates are sitting in the low 6 percent range, and experts expect them to remain near this level throughout the year. Here’s why this matters for you as a homebuyer. Why...
The housing market is showing more energy than it has in a long time, and the data supporting it is hard to overlook. Mortgage rates have dropped by nearly a full percentage point this year, and that shift is bringing buyers back into the market. Home loan applications are rising, activity is increasing, and sellers who act early may benefit from this momentum before competition intensifies. Let’s...
New home construction is giving buyers something they have not seen much of lately. It offers a real chance to get both the home they want and the deal they need. More newly built properties are hitting the market, and builders are offering incentives that make these homes more affordable than many people realize. This combination does not come around often, and it is putting buyers in a surprisingly...
If you want to find the best deal in today’s housing market, here is the key. Focus on homes that have been on the market for a longer period of time. When a listing sits for a while, sellers often become more realistic and more open to negotiation. This is where savvy buyers are finding great opportunities that others overlook. The Opportunity: 1 in 5 Homes Has Had a Price Cut This Year Realtor.com...
After years of high mortgage rates and cautious buyers, the housing market is finally showing signs of renewed activity. More homeowners are listing their properties, and buyers are starting to engage again. For the first time in a long while, there is noticeable movement in real estate. It is not a dramatic surge, but it is a clear shift that could set the stage for a stronger housing market in...
If there were one simple step that could make your home sale smoother and more predictable, wouldn’t you want to know about it? A lot happens between the moment your house goes under contract and the day you close. Several things need to go right for the deal to stay on track. What many sellers don’t realize is that most hiccups during this stage can actually be prevented. That’s where the...
A New Beginning in Dos Vientos, Newbury Park Sometimes the best opportunities appear when you least expect them. For Dominic Lechausser and his wife, a casual fireside conversation with Holly & Chris became the spark that turned a fleeting idea of homeownership into a reality , and led them to one of Newbury Park’s most desirable communities: Dos Vientos. From Renters to Homeowners Dominic...
If you’ve been keeping up with real estate news, you may have noticed reports claiming that home prices are staying flat. At first, that might seem easy to understand. However, the truth is a bit more complex. In many markets, home prices are actually far from flat and continue to show movement. What the Data Really Shows While home prices have certainly cooled from the rapid, unsustainable surge seen...
If you have been waiting for mortgage rates to drop, you are in luck because they have started to come down. The question now is whether this trend will continue and how low rates might go. According to housing market experts, there is still room for mortgage rates to decrease further over the next year. One important factor to keep an eye on is the 10-year Treasury yield, a key indicator that often...
Over the past few years, many homebuyers have struggled to make the numbers work. Home prices climbed, mortgage rates rose, and for a lot of people, buying a home simply didn’t feel within reach. You may have felt the same way. Now there’s some encouraging news. If you’ve been waiting for a better moment to reenter the market, this fall could be showing early signs of improved...