For 85 years, American families of modest means looked to FHA for affordable mortgage loans to attain the dream of home ownership. But these homeowners, many of whom are minority and first-time home buyers, now face a rude awakening. They will be saddled with years of excessive premium payments amounting to tens of thousands of dollars. The...
As the US slowly begins to thaw, home buyers and sellers climb out of hibernation and into the spring housing market 2019. While the grass is turning greener, home buyer enthusiasm is also starting to increase. Fannie Mae released its Housing Forecast with positivity for the remainder of the year into 2020. What does the prime season to purchase a...
In quarter 2 of 2018, the median sales price of sold homes in the US was $255,000, up 6.3% from the year before. For today’s home buyers, these numbers come to no surprise. Homes for sale in top markets and neighborhoods are almost impossible to obtain, as homes this spring and summer have flown off the market in record time. And boy, is it...
In an age with the world at our fingertips, its no surprise that artificial intelligence is dabbling into many industries we used to depend on actual human interaction. The latest is home iBuyers, real estate companies that instantly buy homes for cash then are placed back on the market. Since Opendoor started it all in 2014, iBuyers in real...
The new word on millennials is when they “grow up,” it seems as if they value investing their money just as important as any other generation. Though, they’re being smart with their money in different a way. While the rest of the population invested in the stock market, millennials find more success in real estate. Don’t...
Who cares what social media millennials use most? Why is that all we ever hear about? Has anyone actually taken the time to figure out who a millennial is? Sometimes, people forget that millennials watched their parents take a beating in the real estate market, and it doesn’t take a rocket scientist to figure out why they delayed the beginning...
Since the state of California started the movement of legalizing marijuana for medicinal purposes, many states have also followed suit. So many, in fact, that 1 out of 5 Americans live in a state where it is legal to purchase and smoke weed freely—without a doctor’s note—and it won’t be stopping there. 2 years ago, on the notorious...
Wouldn’t life be so much easier if we knew exactly what people wanted at any given time? Unfortunately, we can’t all be Mel Gibson and suffer from a freak accident allowing you to get into the minds of the people you meet everyday. Lucky for us, Zillow released a report in late 2016 on Housing Consumer Trends. REALTORS®, with this...
2016 will be written in the history books as _______ (We’ll let you fill in the blank). The Presidential Election, Chicago Cubs winning the World Series, 2016 Olympics, Brexit, Angelina and Brad divorcing… shall we go on? 2016, you will soon be behind us! 👋 For those of you anticipating the New Year, can you guess what real estate trends...
WHAT’S SO SPECIAL ABOUT SANTA ANA, CA & THE OC? • “This city has heart“: Orange County is known for amazing volunteers, and “Santa Ana is no exception.” • Great school districts: won multiple awards including 4 National Blue Ribbons and 28 acknowledgments for California Distinguished Schools. •...
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