1075 Third St, Hermosa Beach CA 90254
The Big StoryWhere can home prices go from here? Quick Take:-Home prices appreciated faster in 2021 than at any other time, even surpassing the 2004–2006 housing bubble.-Home prices will probably decrease before returning to a more reasonable growth rate.-Home prices in the last 20 years increased at more than twice the rate of the median […]
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further […]
Monday’s mortgage rates should be lower by approximately .125 – .250 of a discount point, due partly to strength late Friday. The bond market is currently up 2/32 (1.63%). •Stocks are starting the week with minor gains, pushing the Dow up 43 points and the Nasdaq up 28 points. •There is nothing of importance scheduled […]
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall?To answer that question, […]
The goal is for the buyers to envision themselves in the home and want to make it their own- which means dollars in your pocket.
Low-interest rates and low inventory = lots of buyers searching for the next place to call home. If putting your home on the market sounds a little tempting right now, you are definitely not alone!
The home inspection is your best opportunity to really look under the hood of the home you’re planning to buy and identify any problems — or potential problems — that might be costly down the road. Hire someone that you trust, and be critical.
Closing costs are the fees associated with closing a real estate deal, and both the buyer and seller are typically responsible for some of them. In some cases, a closing cost credit may be given as a result of price negotiations.
When you find a home that you are ready to buy, the next step is to submit an official offer letter to the home seller.