What to Upgrade in a Seller's Market
With 2021 being a strong seller's market what do you need to update in your home, if anything, before listing the house?
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What is an Appraisal Gap and What to Do About It
What happens when the house you want to buy doesn't appraise at the price you submitted? This video discusses what the appraisal gap is and some strategies to overcome it in a seller's market.
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Housing Market Update 08 2021
A brief video talking about the housing market, supply and demand, price increases, and more.
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Are There Going to Be More Houses Coming?
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone.
At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy.
According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale is at an all-time low – the lowest point recorded since NAR began tracking this metric in 1982.
There are, however, more homes expected to hit the market later this year. Let’s break down the three key places they’ll likely come from as 2021 continues on.
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3 Reasons We Are NOT In A Bubble
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different.
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Housing Price Forecast for 2021
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates.
Home price appreciation in 2021 will continue to be determined by this imbalance of supply and demand. If supply remains low and demand is high, prices will continue to increase.
This video explains more.
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3 Must-Do’s When Selling Your House This Year
It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them.
When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move. Being mindful and prepared for the process can help you stay on the right track when selling your house this year.
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Why It’s Important to Price Your House Right Today
Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year.
Pricing your home properly will ensure you maximize the equity you get from the sale of your home, and sell it according to your timeframe.
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Things to Avoid When Applying for a Mortgage
Applying for, and getting a mortgage may seem daunting. But if you have gone through the process and been approved, you need to keep in mind that your approval could change if your financial situation changes.
Here are some helpful tips and things to avoid when applying for a mortgage.
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The Holidays Aren’t Stopping Homebuyers This Year
Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer.
The video covers what we are seeing right now and how that impacts you if you are planning to sell your home, or if you are trying to buy a home
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Knowledge is Power on the Path to Home Ownership
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back.
Today, there are over 75 million Millennials and 67 million Gen Z’ers in the U.S., making up a significant number of both current and soon-to-be homebuyers.
This video dives into some of the options available to obtain the dream of home ownership.
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A New Way to Shop for Homes in a Virtual World
In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live.
This year, rather than delaying their home purchases, buyers – alongside their trusted real estate professionals – turned to the Internet to do more than just a typical home search. In some cases, they bought homes without even stepping foot inside.
This video goes into more depth about these changes and how it can help you navigate the current market.
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Home Buying tips in a Competitive Market
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 some tips for success during this important stage in the homebuying process.
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Home Buyer Competition
This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes may be pressing pause on their searches as we approach the end of the year, but that could be a big mistake for many hopeful house hunters. This video covers why...
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High Buyer Demand
Today’s housing market is a crash course in supply and demand. With high buyer interest and so few homes for sale, homeowners who are ready to sell are in the driver’s seat. Inventory, however, is likely to begin to rebound going into 2021. DM me to learn about the advantage you have if you sell before your neighbors start to list their homes, which will create more choices for buyers.
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Homeownership builds wealth
Homeownership is still one of the best ways to build wealth.
In this video I discuss how and why buying a home is a good long term plan for building wealth.
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How's the market? - November 2020
Rates are still low. Inventory is also low. The economy is improving and unemployment is down.
I go into more depth in the video about the current state of the housing market in San Diego, CA.
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Moving because of remote work
If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year, and possibly beyond.
While the pandemic continues, Americans are re-evaluating their homes, floorplans, locations, needs, and more. Some need more space, while others need less. Whether you’re renting or own your home, if remote work is part of your future, you may be thinking about moving, especially while today’s mortgage rates are so low.
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Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis
As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. The reality is, plans have been put in place through forbearance to ensure history doesn’t repeat itself.
When looking at the percentage of people in forbearance, we can see that this number has been decreasing steadily throughout the year. Fewer people than initially expected are still in forbearance, so the number of homeowners who will need to work out alternative payment options is declining.
This means there are fewer and fewer homeowners at risk of foreclosure, and many who initially applied for forbearance didn’t end up needing it.
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Home Inspections
Quick information on how often a home inspection comes back with something "wrong", what the most common issues are, and what to do about it.
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