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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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Why pricing your home matters now more than ever!

by kevinjones September 25, 2020 How's The Market

Why Pricing your home matters now more than ever!  Realty Professionals  805-473-0300

As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true.

We at Realty Professionals have a tried and true marketing plan that will net you more in …

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Home equity gives Sellers options

by kevinjones September 24, 2020 How Much Is My Home Worth?

Home equity gives Sellers options.  Realty Professionals  805-473-0300

Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before …

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The Cost of a Home is Far More Important than the Price

by kevinjones September 22, 2020 How's The Market

The Cost of a Home is Far More important than the price.  Realty Professionals 805-473-0300
Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported:

“Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year …

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Is the economic recovery beating all projections?

by kevinjones September 21, 2020 How's The Market

Is the economic recovery beating all projections?  Realty Professionals  805-473-0300

Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still …

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