Nelia Urbina

A significant portion of today’s homeowners are planning to sell in the next year. With more inventory just around the corner, right now is the best time to make a move to take advantage of this extreme sellers’ market. DM me to learn why selling your house today could be a major win.

Your House Could Be the Oasis in an Inventory Desert Homebuyers are flooding the housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon, since experts forecast a steady rise in both rates and home prices this year and next. As a result, buyer demand greatly outweighs the current housing supply. Here’s how the shortage of houses for sale sets yours up to be the oasis in an inventory desert. According to the Nat...ional Association of Realtors (NAR), today’s housing inventory sits at an incredibly low 2.1-month supply, far below the 6-month mark for a neutral market. Inventory of single-family homes a year ago was already very low, and this year’s levels are even lower. Due to these market conditions, today’s buyers frequently enter fierce bidding wars while trying to purchase a home. This in turn drives up home prices and gives sellers incredible leverage in the negotiation process, two...

Why Is This Spring a Great Time to Sell Your House? If you're in a position to sell your house, the market is clearly in your favor. Let's connect today to get your house sold this spring.

Mortgage pre-approval means a lender has reviewed your finances and determined how much you’re qualified to borrow. Check out the factors that may impact #preapproval as well as the numerous benefits of pre-approval here, and DM me to learn more about this vital step in the homebuying process.

When It Comes To Selling a House, Your Time Is Money [INFOGRAPHIC] Selling a house is no small task. If you decide to try to do it on your own, keep in mind you’ll be responsible for all the expert-level work of a real estate professional. The vital tasks an agent manages for you include listing and marketing your house, handling legal documentation, negotiating with all parties, and navigating local laws and regulations. If you’re ready to sell while the market is in your favor, DM me to make sure you have the professional expertise you need every step of the way.

Three Reasons to Buy a Home in 2021 2021 will be a great year to buy a home. Let's connect to make sure you're ready for success in today's housing market.

Is This the Year to Sell My House? If one of the questions you’re asking yourself is, Should I sell my house this year? consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here’s why. According to the latest Home Purchase Sentiment Index from Fannie Mae, 57% of consumer respondents to their survey indicate now i...s a good time to buy a home, while 59% feel it’s a good time to sell one: The percentage of respondents who say it is a good time to sell a home remained the same at 59... See more

The Importance of Home Equity in Building Wealth Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ is built, in large part, through the creation of equityBuilding equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability. Home equity is the difference between the current market value of your house and the amount you...

4 Reasons People Are Buying Homes in 2021 According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what home means and what we may need in one going forward. Here are 4 reasons people are reconsidering where they live and why they’re expecting to buy a home this year. ... 1. Record-Low Mortgage Interest Rates In 2020, the average interest rate for a 30-year fixed mortgage hit a record low 16 times, continuing to fall further below 3%. According to Freddie Mac, the average... See more

What Does 2021 Have in Store for Home Values? 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. As CoreLogic explained: Home price growth remained consistently elevated throughout 2020. Home sales for the year are expected to register above 2019 levels. Meanwhile, the availability of for-sale homes has dwindled as demand increased and coronavirus (COVID-19) outbreaks continued across the country, which delayed some...