Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is

Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer

Market Update – All Eyes on Job Openings & Job Gains Below is the latest real estate and economic report provided by Alan Nevin, a renowned economist. The report is now published monthly to provide insights and an expert outlook for our local economy. Alan Nevin’s insights into the economy and housi

One of the major storylines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest percentages showing the year-over-year inc

What Are the Experts Saying About Mortgage Rates in the Second half of 2021? Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.   Generally speaking, when rates are l

It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the co

  If you’re thinking of buying a home, but wondering if waiting a few years will save you in the long run, you may want to reconsider. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact o

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attenti

Ladies and gentlemen, if you’ve been putting off selling your house because of the pandemic, you’d be remiss if you stalled any longer. Right now, 97% of real estate agents that took part in HomeLight’s 2021 Q1 survey say that they’re experiencing a strong seller’s market and it’s not going to let u

An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks

Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial

5885 Estelle St, San Diego CA 92115 – San Diego Realtor Glen Henderson Listed by Glen Henderson – San Diego Realtor – View the full details at www.5885Estelle.com or call today for a tour 619-500-3222. Premier Homes Team – www.MyPremierHomes.com

1480 East Lane – Imperial Beach Home for Sale – Glen Henderson Listed by Glen Henderson – San Diego Realtor – View the full details at www.1480EastLane.com or call today for a tour 619-500-3222. Premier Homes Team – www.MyPremierHomes.com

Low Housing Inventory 2020 Where Have All the Homes Disappeared To? If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that th

Alpine (91901) November Housing Market Update As we enter into the holidays, we have an update on the Alpine real estate market. Fortunately, mortgage rates have remained low, helping to keep sales and prices up. Single-Family Housing Market in Alpine The median price for homes sold in November of 2

3754 Alabama Street, San Diego – North Park Home for Sale Listed by Glen Henderson – San Diego Realtor – View the full details at www.3754Alabama.com or call today for a tour 619-500-3222. Premier Homes Team – www.MyPremierHomes.com

What’s Happening in San Diego in November? Here is this month’s Calendar of Events What’s happening in San Diego in November If you have any questions about your home or the real estate market, please, don’t hesitate to contact us today at 619-500-3222 or [email protected] Brought to you by San Diego R

Should I Buy A Home This Fall? 4 Reasons to Buy This Fall Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same r

How Much Money Do I Need For A Down Payment On A House Contrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s

Alpine (91901) Real Estate Market Update Curious as to what is going on with the Alpine real estate market? If so, then we’ve got some insight for you! While it’s absolutely true that the market has cooled off as compared to the long run of gains we saw from early 2012 through mid-2018, things aren’