How’s The Market

Cost of Waiting for Rates To Go Down

by kevinjones October 4, 2022 How's The Market

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans.

The Impact of Rising Mortgage Rates

As mortgage rates rise, they impact your purchasing …

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Top Reasons Homeowners are selling now!

by kevinjones September 21, 2022 How's The Market

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house.

Data shows 51% of homeowners have a mortgage rate under 4% as of April …

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2022 Housing Market Forecast

by kevinjones February 5, 2022 How's The Market

2022 Housing Market Forecast

Some Highlights

What does the coming year hold for the housing market? Here’s what experts project for 2022.
Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong year for home sales.
Connect with Kevin Jones a local …

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Is Offering Asking Price Enough

by kevinjones September 27, 2021 Central Coast

If You’re a Buyer, Is Offering Asking Price Enough?
Realty Professionals 805-473-0300

In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get …

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Why Waiting a Year Could Cost You

by kevinjones September 23, 2021 How's The Market

Why Waiting a Year Could Cost You
Realty Professionals 805-473.0300

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home.

To determine if you should buy now …

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Housing prices going up or down

by kevinjones September 9, 2021 How Much Is My Home Worth?

Housing Prices going up or down? Realty Professionals 805-473-0300

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year.

Here are the latest percentages showing the year-over-year …

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Are Interest Rates Expected to Rise? Realty Professionals 805-473-0300

by kevinjones May 5, 2021 How's The Market

Are Interest Rates Expected to Rise Over the Next Year?

Realty Professionals - 805-473-0300

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money …

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Is Buying a Home Today a Good Financial Move?

by kevinjones November 24, 2020 How's The Market

There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low mortgage rates, has skyrocketed the demand for home purchases.

This increase …

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Housing Market on track to beat last years success

by kevinjones September 28, 2020 How's The Market

Housing Market on track to beat last years success - Realty Professionals - 805-473-0300

Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as …

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