Blog
What Is the Strongest Tailwind to Today’s Recovering Economy?
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11,...
How Smart Is It to Buy a Home Today?
Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. However, there’s one category that provides a simple answer. When deciding to buy now or wait until next year, the financial aspect of the purchase is easy to evaluate. You just need to ask yourself two questions:
Are There Going to Be More Homes to Buy This Year?
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. It’s normal to wonder if you’ll actually find a home to buy when there are so few houses for sale. According to the National Association of Realtors (NAR), inventory...
How Remote Work Can Power Your Vacation Home Sale
This year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes: “Working from home...
With Home Values Surging, Is it Still Affordable to Buy Right Now?
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman...
5 Tips for Homebuyers Who Want to Make a Competitive Offer
Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are five...
Will Mortgage Rates Remain Low Next Year?
In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year with certain months dipping even below 3% (see graph below). 2020 Mortgage Rates When you...
Why Today’s Options Will Save Homeowners from Foreclosure
Many housing experts originally voiced concern that the mortgage forbearance program. The program is designed to provide families impacted financially by COVID-19 the option to delay their mortgage payments. While it may seem helpful, some experts believed it could...
Is it Time to Move into a Single-Story Home?
Once the kids have left the nest, you may be wondering what to do with all of the extra space; chances are, you don’t need four bedrooms anymore. Thus, it may be a great time to sell your house and downsize maybe even into a single-story home. You’ve likely gained...
Don’t Wait To Sell Your House
Are you wondering if you should sell your home? We’re in the ultimate sellers’ market right now; hence, don't wait to sell your house. As sellers, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this...
Dreaming of a Bigger Home? Why Not Buy It This Year?
Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move and purchase a bigger home. Some organizations have allowed and planned to have its employees work remotely. Are you one of these people? Hence, you may need...
4 Big Incentives for Homeowners to Sell Now
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020....
Is Home Price Appreciation Accelerating Again?
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have...
Celeste Dunn
CA DRE# 01397840
direct 619.291.0055
fax 619.297.9913
Coldwell Banker West
902 Fort Stockton Dr.
San Diego, CA 92103
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