Araceli Tacuba Realtor

The rise of the millennials Realtor.com's Sr. Economist George Ratiu provides insights about millennials, the largest generation group of first-time homebuyers, and how are they boosting the housing market in the coming years. #AraceliTacuba #C21Peak

Low mortgage rates continue to push the demand while inventory is also at a low. The result? Q4 2020 saw a far-flung home price growth as 88% of 161 metros had a double-digit price gain, according to NAR. #AraceliTacuba #C21Peak

Economists say that the housing inventory shortage is caused by the 4L's: land, labor, lumber, and can you guess the fourth one? Read the full article below to learn more! #AraceliTacuba #C21Peak

Deputy chief economist for First American Odeta Kushi explains how a neutral rate of interest, or can be known as the natural rate of interest, is used as a tool to control the economy and its effect on the economic growth of the country. #AraceliTacuba #C21Peak

For 13 years, inventory has been below historic norms. But the latest December data shows construction by permit for privately-owned houses was up 17.3% yearly and 4.5% monthly, respectively. Read more below! #AraceliTacuba #C21Peak

Are we expecting a hot real estate winter wonderland? See why the holidays will boom with sales this Q4 #AraceliTacuba #C21Peak

Fun Fact! For the first time in history, VA Loans has issued more than 1 million loans in 2020. The loan that was once 2% of the loan volume, now make up about 10% of the mortgage market #AraceliTacuba #C21Peak

While 2020 has been uniquely challenging, the housing market still emerged as an economic bright spot. Here are a few things real estate industry can be grateful for this year. #AraceliTacuba #C21Peak

Housing wealth accumulates by paying off the mortgage debt and by the price appreciation. Check out the top 10 metro areas in terms of housing wealth gains, highest price appreciation, and the most affordable and expensive as of Q3 2020 #AraceliTacuba #C21Peak

First American Deputy Chief Economist Odeta Kushi explains why today's housing market is stronger than before, despite the economic hardship due to COVID-19. Check out the facts and figures below! #AraceliTacuba #C21Peak