Uncategorized

Predicting the future is approached by looking at the past. History always repeats itself and that is why we study the past. Using historical data from Freddie Mac we know that since 1975 the average five-year return on home prices has been +26%. So a $600,000 home today could be worth $756,000 in five years

Discover unparalleled luxury living in this stunning waterfront home located with prime west-facing views in the Channel Islands Harbor. Designed for the discerning buyer, this exceptional property offers a 70 ft dock, ideal for accommodating your yacht or multiple boats. Step into the epitome of oceanfront elegance with remodeled kitchen and bathrooms. The chef’s kitchen

The recent announcement regarding the National Association of Realtors (NAR) settlement has stirred numerous inquiries among lenders concerning how buyer-side real estate agent commissions and fees should be treated moving forward. Although the final determinations are yet to be made and the industry remains in a state of review, it’s crucial for stakeholders to have

Goldman Sachs’ “U.S. economic analysts” team revises up its multi-year outlook for U.S. home prices, as measured by Case-Shiller +5.5% in 2024 +4.4% in 2025 +4.9% in 2026 +4.9% in 2027

Four months in a row there has been an increase in year-over-year home sales. The real tell is we are still almost down 40% in active listings compared to February 2019. Texas does have three metros that have actually increased listings compared to 2017-2019 levels. San Antonio, Austin and Dallas. Prices nationally are up over

Happy NewYear!!  We are already 3 weeks into a new year full of new opportunities. The numbers are in for 2023 and we don’t think any of the “experts” ever know what is really going to happen, yet they make great headlines! Prices are up statewide 6.7%.  Homes are still selling for over the asking price 34%

While mortgage insurance allows thousands of borrowers the ability to own their own home, most buyers cannot wait to see the day that their monthly MI premium is discontinued. Once the monthly payments begin, no borrower is appreciative of how the mortgage insurance initially helped them. The Facts The Facts According to the data, •

Why do basically one in four people feel like home prices will go down in the next year? This is from a survey from Fannie Mae that says 23% of people feel this way. Let’s start here: The Media!. They started about a year ago with negative talk and story after story about the sky

Top 3 reasons are usually: 1.) Limiting access to your house. When it comes to selling your house, flexibility is key. One of the biggest mistakes that homeowners make is restricting the days and times when potential buyers can tour their homes. This is a surefire way to limit exposure and reduce the chances of

The housing market is currently experiencing a unique situation, with only half of the typical inventory available for potential buyers. This is due to many factors, including chronic under building for the last 14 years and the low interest rates we had just a couple of years ago. This has resulted in many people hesitating