General Real Estate

General Real Estate Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes […]
General Real Estate July 2021 Home Sales and Price Report, as reported by C.A.R
General Real Estate The Facts are In!
General Real Estate Mortgage Rates Are Back Under 3% April 23, 2021 Here’s welcome news for home shoppers: Borrowing costs got cheaper this week. Mortgage rates are back under 3% for the first time in weeks. The 30-year fixed-rate mortgage averaged 2.97% this week, Freddie Mac reports. The drop in rates this week followed a downward trend for the 10-year Treasury yield, which rates […]
General Real Estate 1031 Exchange Details and Benefits The opportunity to protect hard earned equity in the sale of an investment has been available to consumers since 1921. However, Complexities and details of the tax code prevented only the most knowledgeable from using this option. In 1990 the Omnibus Budget Act clarified the process and opened this option to a broader set of […]
General Real Estate Southern California Market Report Southern California Home Sales ❱ Regardless of the slow economic recovery, the housing market continues to perform well, with 50,114 homes selling in the final quarter of 2020. This is an increase of 21.9% year-over-year. ❱ Pending home sales (an indicator of future closings) were 21.3% lower than in the third quarter, but I attribute […]
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