The spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, piquing the interest of buyers and sellers previously on the fence about making a move. New research from realtor.com shows that the first week of April is actually the best time to list your house for sale! The report used “trends in median listing prices, views per property on realtor.com, home price drops, median days on market, and number of listings on the market over the last three years,” to determine a ranking for every week of the year. Listing your home in the first week of April contributes 14x more property views, 5% less competition from other home sellers, and results in the home being sold 6 days faster!
Data Says April Is The Best Month To List Your Home For Sale
An Economic Slowdown and Real Estate
The housing market is just “normalizing”. Inventory is starting to increase and home prices are finally stabilizing. This is a good thing for both buyers and sellers as we move forward.
Happiest cities in the US revealed in new Wallethub report
Two Orange County cities cracked a top 10 list of happiest cities in America, with Huntington Beach at #5 and Irvine at #2. Plano, Texas, is the happiest city in the U.S., according to the WalletHub survey. The personal finance website ranked 182 cities by “emotional & physical well-being,” “income & employment” and “community & environment.” Irvine…
4 Reasons To Buy A Home In The Spring
Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last 12 months. The same report predicts that prices will continue to…
The Housing Market Will “Spring Forward” This Year!
Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate. The National Association of Realtors (NAR) recently reported that in 2018 the top 10 dates sellers listed their homes all fell in April, May, or June. Those who act quickly and list now, before a flood of increased competition, will benefit from additional exposure to buyers. If you are planning on selling your home in 2019, meet with us today to evaluate the opportunities in your neighborhood. Call me today at 714.343.9294 email at [email protected]
The Benefits Of A 20% Down Payment
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage. The truth is…