San Diego Real Estate

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Check this out! Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Let’s alleviate these concerns. the Mortgage Credit Availability Index stood at about 400 in 2004. Mortgage credit became more available as the housing market heated up, and then the index passed 850 in 2006. When the real estate market crashed, so did the MCA...I (to below 100) as mortgage money became almost impossible to secure. Thankfully, lending standards have eased somewhat since. The index, however, is still below 150, which is about one-sixth of what it was in 2006. Why did the index rage out of control during the housing bubble? The main reason was the availability of loans with extremely weak lending standards... #realestate #homeownership #homebuying #realestategoals For more information check us out at gatestoyourhome.com

Calling your homeowners insurance agent is the first thing to do after a house fire. #homeowner #housing

Check this out! Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. Has the past year changed the American view on homeownership? Definitely not. A survey of prospective homebuyers released by realtor.com last week reveals that becoming a homeowner is still the main reason this year's first-time homebuyers want to purchase a home. When asked why they want to buy, three of the top four responses center on the financial b...enefits of owning a home. The survey also reports that 62% of millennials say a desire to be a homeowner is the main reason they’re buying a home. This contradicts the thinking of some experts who had believed millennials were going to be the first renter generation in our nation’s history. While reporting on the survey, George Ratiu, Senior Economist at realtor.com, said, "Americans, even millennials who many thought would never buy, have a strong preference for homeownership for the same reasons many generations before them have -- to invest in a place of their own and in their communities, and to build a solid financial foundation for themselves and their families." As it always has been and very likely always will be, homeownership continues to be a major component in every generation’s pursuit of the American Dream. #realestate #homeownership #homebuying #realestategoals For more information check us out at gatestoyourhome.com

Check this out! Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: Since January, mortgage rates have increased half a percentage point from historic lows and home prices have risen, leaving potential homebuyers with less purchasing power. (...See graph below): When buying a home, it’s important to determine a monthly... #expertanswers #purchasingpower #buyingpower For more information check us out at gatestoyourhome.com

Check this out! With housing inventory at a historic low, there has never been a better time to sell your house. Eager homebuyers are on the hunt for a house like yours, so DM me about getting ready to sell this spring. #housinginventory #sellyourhouse #homeinventory... For more information check us out at gatestoyourhome.com

By checking a #moving company's credentials, it'll be easier to spot a scam. #movers

Check this out! Experts agree the housing market is set to bloom this spring. Let's connect to make sure you're ready to buy or sell this season. #springrealestate #housingmarket #realestateexper... For more information check us out at gatestoyourhome.com

Check this out! Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.... Here’s a little clarity when it comes to 5 common myths about the 2021 housing market. Let’s connect to discuss your needs and so you can decipher facts from fiction in our local market. #expertanswers #stayinformed #staycurrent For more information check us out at gatestoyourhome.com