In order to understand the real estate market trends for 2023 let’s take a look at some economic factors: Interest rates, affordability, housing shortage and home sales. Interest Rates During 2022, the Federal Reserve Bank increased mortgage interest rates 7 times as seen in this chart. Once the rate of inflation was going up they moved […]
ESG Negative Impact on Real Estate
Real estate has traditionally offered homeowners and investors security, stability, cash flow, tax breaks, equity building and a hedge against inflation. In recent years we have experienced an unprecedented real estate housing bubble as the result of quantitative credit easing practices by the Federal Reserve Bank and monetary policies. As both inflation and […]
Quantitative Easing Impact On Housing
As housing prices have skyrocketed in California, it is not surprising that it’s also the state with the highest poverty rate when housing is considered. The state median housing price is $800,000. As prices for goods, services, foods and now energy are surging all across the U.S. Housing prices have increased by almost 20% at […]
Is Home Staging Worth The Investment?
If you are planing on selling your home, home staging should be at the top of your to-do list. Whether you hire a professional or do it yourself, selling your home will result in a faster and more profitable process. How Much Impact Does Home Staging Have on Buyers? According to a survey done by […]
Home Selling Myths To Avoid
Some advice on separating facts from myths may be helpful if you are thinking about selling your home. Below, I have identified 5 myths and offered some facts, so that you can have the best chance of selling your home this year: Myth #1: It’s a Sellers Market, Let’s Price it High You will want […]
January 2022 Pending Home Sales Decline
Pending home sales represent homes that are under contract but have not sold yet. According to the National Association of Realtors, pending home sales data shows a 5.7% decline for January 2022. That is a 9.5% from a year ago. The declined has been recorded nationwide in all regions of the U.S. The largest declined […]
Is The Best Time To Sell Your House Now?
Our economy is currently going through a high inflationary trend and rising mortgage interest rates. While at the same time, we have been experiencing a housing shortage supply, which resulted in extraordinary 2021 housing prices appreciation. But it seems that although 2022 will still bring modest buyer demand, experts are cautioning that we may be […]
Impact of Rising Mortgage Interest Rates on Housing Affordability
Will The Rise Mortgage Interest Rates Burst the Housing Bubble? Ahead of the Federal Reserve Bank’s announcement in March to raise mortgage interest rates, banks have raised the historically low 30 year fixed interest rates to 3.76% this month (February, 2022). This is the highest mortgage rates have been since 2020. Although mortgage interest rates […]
What is Inflation going to do to Housing Prices?
What Happens to Housing Prices during Inflation? As U.S inflation is the highest in 40 years, reaching 7.5% in January 2022 and strong demand is colliding with supply shortages. Consumers are seeing sharp increases for a variety of goods and services. Housing prices have not been the exception. According to a study done by Stanford […]
