Real Estate Market Update What Will Happen to Home Prices in 2023? What Will Happen to Home Prices Next Year? Experts are calling for home prices to appreciate in 2023 but at a slower rate. Historically, home prices have appreciated at a 4% rate. But For next year it’s expected to appreciate by 2.5%. And the reason is simple: supply and demand. Two things are driving home […]
Real Estate Market Update Interest Rate is Going Up Again In November 2022 Yes, interest rate is going up again in November 2022 in the next Fed meeting I know this is bad news but I can tell you 2 things: 1. Nothing lasts! The real estate market has been always up and down. It’s expected for interest rate to stabilize for a year then go down. 2. […]
Home Selling Tips How to Sell Your Home Fast? As you probably have noticed, homes are staying longer in this shifting real estate market. So how can you as a home seller sell your home fast? Here are 3 things that can help you in your home selling process: 1. Price your home correctly: there are three different pricing strategies that are commonly used […]
Expired Listings Is Your Home Expired? Lately we’ve been seeing a lot of expired listings. Home sellers are either testing the market to see how much their home is worth or they’re still thinking like during the last year. So here are 3 things that can help you sell your home faster during this shifting market. 1. Understanding that the overpriced […]
Real Estate Market Update Are We in a Recession? If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. So the short answer […]
Home Selling Tips Why It’s So Important To Hire a Pro… Some Highlights If you’re thinking of buying or selling a home anywhere in Southern California (Los Angeles, Orange county, San Bernardino, Riverside), you’ll want a trusted real estate professional on your side for their industry experience and expert insights. The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, […]
Real Estate Market Update Watching the Stock Market? Check the Value of Your Home for Good News While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in […]
Real Estate Market Update What Will Happen To Home Prices Next Year Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price […]
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