Category Archives: Real Estate News

The Difference an Hour Makes in Real Estate

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!

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Housing Market Expected To “Spring Forward” This Year

If you are planning on selling your home in 2018, call and set a time to meet with the Stovall Team today to evaluate the opportunities in your market. CALL  me today at 714.343.9294 and  VISIT!!  

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The #1 Reason To Sell Now Before Spring

The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an…

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Millionaire To Millennials: Don’t Rent A Home… Buy!

In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are worth 40 times more than…

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Where Are Mortgage Interest Rates Headed In 2018?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic…

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712,000 Homes In The US Regained Equity In The Past 12 Months!

If you are one of the many homeowners who are unsure of how much equity you have in your home and are curious about your ability to move, meet with the Stovall Team today!  We can help evaluate your situation.

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