If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is worth and how much you…
Author Archives: Tarah Stovall
Keys To Making Your Home Goals in 2024
If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. Call Stovall Team today 714.343.9294. Over the last year, the economy had a big impact on the housing market, and likely on…
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11.16.23 Mortgage rates dip to lowest level since September
Mortgage interest rates declined for the third straight week, setting up the possibility of a small end-of-year rally for home sales. The 30-year fixed-rate mortgage averaged 7.44% in Freddie Mac’s weekly survey, which is the lowest level since late September. The 15-year fixed-rate also dropped slightly, averaging 6.76% for the week. That combination of economic…
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The Latest 2024 Housing Market Forecast
The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what’s ahead for the housing market. Spoiler alert: the projections may…
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Real Estate and Design Trends to Watch in 2024
From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year. Three Key Takeaways Advise buyers that nobody should copy trends for their popularity since they change over time; a better approach is to seek joy. Aging boomers have more options to…