Patty Hume

A couple of days ago I realized that someone had snuck onto our property in Joshua Tree and dug up one of our old mature ocotillos and take it. It’s doubly sad because it is unlikely it will even survive being transplanted. It is really heart breaking that someone would do something like this. PLEASE when you are hiring landscapers make sure they are sourcing plants from reputable nurseries. Plant theft, especially of cactus is a huge problem in California. If not sure, go buy the plants from a nursery yourself and just hire labor to plant them. @ Joshua Tree, California

Last week, we shared 7 Factors To Consider When Choosing A Home To Retire In. For some homeowners, these seven factors can be taken into account with a home renovation, but is it worth it to remodel or change floor plans? Let’s look at this example. Let’s say you have a 4-bedroom colonial style home in a great school district. [ 243 more words ] http://www.pattyhumerealestate.com/is-a-major-home-renovat/

CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase by a total of $908.4 billion since the fourth quarter 2016, an increase of 12.2%, year over year [ 368 more words ] http://www.pattyhumerealestate.com/are-you-aware-of-how-mu/

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control. The inventory of homes for sale in the luxury market far exceeds the number of people searching to purchase these properties in many areas of the country. [ 207 more words ] http://www.pattyhumerealestate.com/dreaming-of-a-luxury-ho/

Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home! http://www.pattyhumerealestate.com/the-cost-of-waiting-int/

If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the last 40+ years (1975-2016). Their research revealed that: [ 230 more words ] http://www.pattyhumerealestate.com/moving-up-is-more-affor/

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement. According to the [ 633 more words ] http://www.pattyhumerealestate.com/7-factors-to-consider-w/

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data from the United States Census Bureau and Zillow, [ 228 more words ] http://www.pattyhumerealestate.com/you-can-save-for-a-down/

Here are four great reasons to consider buying a home today instead of waiting. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.3% over the next year. The bottom in home prices has come and gone. [ 366 more words ] http://www.pattyhumerealestate.com/4-reasons-spring-is-a-g/

Some Highlights: Don’t forget to set your clocks forward this Sunday, March 11th at 2:00 AM EST in observance of Daylight Saving Time. Unless of course, you are a resident of Arizona or Hawaii! Every hour in the United States: 614 homes are sold, 81 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises $1.51! http://www.pattyhumerealestate.com/the-difference-an-hour-/