Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Jan. 27, 2022

Just Sold!

Thank you to both, seller & buyer, for trusting our team member, Evelyn, to help you both accomplish your real estate goals this year. Congrats! 🎉 

 

Cheers to many more successful closings in the future, Evelyn!🥂

 

Jan. 25, 2022

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]

Disponible en español AQUI

Some Highlights

  • According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row.
  • Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable and secure asset that can grow in value over time.
  • Reach out to a trusted advisor today if you’re ready to make real estate your best investment this year.
Jan. 24, 2022

Sellers: Don’t Wait Until Spring To Make Your Move

Disponible en español AQUI

As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? First, you'll want to time it just right so you can get the most out of the sale of your current house. Second, you'll want to know you’re making a good investment when you buy your new home. What you may not realize is, that opportunity to get the best of both worlds is already here.

You don’t want to wait until spring to spring into action. The current market conditions make this winter an ideal time to move. Here’s why.

 

1. The Number of Homes on the Market Is Still Low

Today’s limited supply of houses for sale is putting sellers in the driver’s seat. There are far more buyers in the market than there are homes available, and that means buyers are eagerly waiting for your house. Listing your house now makes it the center of attention. As a seller, that means when it’s priced correctly, you can expect it to sell quickly and get multiple strong offers this season. Just remember, experts project more inventory will come to market as we move through the winter months. The realtor.com 2022 forecast says this:

“After years of declining, the inventory of homes for sale is finally expected to rebound from all-time lows.”

Selling now may help you maximize the return on your investment before your house has to face more competition from other sellers.

 

2. Your Equity Is Growing in Record Amounts

Current homeowners are sitting on record amounts of equity thanks to today’s home price appreciation. According to the latest report from CoreLogic, the average homeowner gained $56,700 in equity over the past 12 months.

That much equity can open doors for you to make a move. If you’ve been holding off on selling because you’re worried about how rising prices will impact your own home search, rest assured your equity can help fuel your next move. It may be just what you need to cover a large portion – if not all – of the down payment on your next purchase.

 

3. While Rising, Mortgage Rates Are Still Historically Low

In January of last year, mortgage rates hit the lowest point ever recorded. Today, rates are starting to rise, but that doesn’t mean you’ve missed out on locking in a low rate. Current mortgage rates are still far below what they’ve been in recent decades:

  • In the 2000s, the average mortgage rate was 6.27%
  • In the 1990s, the average rate was 8.12%

Even with mortgage rates rising above 3%, they’re still worth taking advantage of. You just want to do so sooner rather than later. Experts are projecting rates will continue to rise throughout this year, and when they do, it’ll cost you more to purchase your next home.

 

4. Home Prices Are Going To Keep Rising with Time

According to industry leaders, home prices will also continue appreciating this year. While experts are forecasting more moderate home price growth than last year, it’s important to note prices will still be moving in an upward direction throughout 2022.

What does that mean for you? If you’re selling so you can move into a bigger home or downsize to the home of your dreams, you want to consider moving now before rates and prices rise further. If you’re ready, you have an opportunity to get ahead of the curve by purchasing your next home before rates and prices climb higher.

 

Bottom Line

If you’re considering selling to move up or downsize, this may be your moment, especially with today’s low mortgage rates and limited inventory. Let’s connect today to get set up for homebuying success this year.

 

Posted in For Seller's
Jan. 21, 2022

Open House!

Come join us at our Open House tomorrow Saturday, January 22nd to view this beautiful Spanish-style home in a highly desirable neighborhood in the City of Inglewood featuring 2 bedrooms🛏, 1 bathroom🚿 and move-in ready to live or rent.🏡 Located close to SoFi Stadium 🏟, The Forum, Hollywood Park Casino🎲, and brand new entertainment development, LAX airport ✈ with easy access to the 405 & 105 freeways 🛣. Approximately 5 miles to the beach.🌊

 

Are you interested in buying a home this year? Don't wait, call📞, text📱 or DM 💬 us today to help you get started on the process to homeownership.🏡

 

Posted in For Buyer's
Jan. 20, 2022

How much should you put down?

We hope that 2022 is off to a fantastic start for you and your family. Do you have plans to buy a home or an investment property this year? If so, you're probably thinking and saving for a down payment, but how much do you need?🤔 

 

There are many loan options, and you may not need 20% for a down payment. We work with incredible lenders that can help. If you're ready, Call, Text or DM us. We'd be happy to help you with the process.

 

Jan. 18, 2022

When Is the Right Time to Sell [Infographic]

Disponible en español AQUI

 

Some Highlights

  • If you’re trying to decide when to list your house, the time is now. There are plenty of buyers eagerly waiting for your home to hit the market.
  • The latest data indicates home showings are rising. There are more buyers than homes for sale right now. That means you’ll likely receive multiple offers, and your home won’t be on the market long.
  • Today’s market favors sellers. If you’re ready to move, let’s meet to discuss the benefits you can expect when you sell this season.
Posted in For Seller's
Jan. 17, 2022

Martin Luther King Jr. Day

“I Have a Dream.” - Martin Luther King Jr. 

Today let's celebrate and honor the life of Martin Luther King Jr.

 

Posted in Holidays
Jan. 14, 2022

Open House!

Come join us at our Open House tomorrow Saturday, January 15th to view this beautiful Spanish-style home in a highly desirable neighborhood in the City of Inglewood featuring 2 bedrooms🛏, 1 bathroom🚿 and move-in ready to live or rent.🏡 Located close to SoFi Stadium 🏟, The Forum, Hollywood Park Casino🎲, and brand new entertainment development, LAX airport ✈ with easy access to the 405 & 105 freeways 🛣. Approximately 5 miles to the beach.🌊

 

Are you interested in buying a home this year? Don't wait, call📞, text📱 or DM 💬 us today to help you get started on the process to homeownership.

 

Jan. 11, 2022

Congrats Jorge & Evelyn!

We're so proud of our Caribbean Mortgage team, Jorge Gonzalez as Loan Officer and Evelyn Barrera as Loan Processor! UWM, one of their loan servicing partners, has awarded them for being the "Top 1%" and "The Best of the Best." Jorge & Evelyn have worked so hard throughout 2021 in helping many of our clients, family and friends refinance their home or obtain a home loan. Congratulations to both of you! 🎉😀 We can't wait to see what this power couple will accomplish in 2022.

 

If you're looking to refinance your home, Jorge & Evelyn are the team to help you achieve your goal. Call, text or DM us today to help you get started.

 

Posted in Agents at Work
Jan. 11, 2022

National Clean Off Your Desk Day!

Be honest, how messy is your desk? We ourselves are sometimes guilty of this 🙈 Today is National Clean Off Your Desk Day! Show us your before and after desk pictures.

 

Posted in Holidays