Real Estate

Will you lose your home when interest rates go up?

Will you lose your home when interest rates go up?

A client asked me a few days ago, "Are interest rates going to go up? I am afraid I could lose my house". Unfortunately, the 2008 financial crisis still feels very recent, but much misinformation exists. And my answer to him was, "Absolutely not! You are locked in with an amazing rate, and your monthly payment will continue to be the same for the entire 30 years of your loan!". But let me explain a...

Is Inflation Getting Worse? And How Would This Impact Real Estate?

Is Inflation Getting Worse? And How Would This Impact Real Estate?

Over the last few weeks, we've heard media reports about inflation finally being under control. But is this real or just a "mirage"?   Let's start by explaining that inflation is the increase in the overall price level of goods and services in an economy over time. It is caused by several factors, such as rising demand for goods and services (like it happened for homes when interest rates...

San Diego Beach

Thank you for everything…

We are almost three weeks into 2023, but it is never too late to share exciting updates about this year.   Firstly, I am writing to express my sincere gratitude for your trust and referrals. Because of your support, I have been able to grow my business and help many families achieve their real estate dreams, as well as support entrepreneurs in reaching their business goals by assisting them...

holiday

Holiday anxiety is a real thing.

Holiday anxiety is a real thing, especially for many entrepreneurs. I wrote a post about this on my social media this week, and I got many more responses than expected, so I am sharing it with you as well! (Btw, are we following each other on social media yet? If not, let’s connect! You can find me on Instagram, Facebook, or LinkedIn as @realestatebynajla)   As the end of the year...

Baja California

Why you should not invest in Baja California.

Baja California, mainly referred to as Baja, is the furthest North West state in Mexico. It is known for its extensive coastlines in the Pacific Ocean and the Sea of Cortez. There has been much raving about why people should invest in this neighboring state, but I am here to share seven reasons why you should not invest in Baja's real estate.   1. If experiencing beautiful sunrises and...

Seasons

In the real estate market, winter is also coming…

The real estate market, like the weather, goes through seasons. We are now facing the fall season, where supply and demand drop and will reach their lowest point during winter. And then again, next year, after the Superbowl, we will see it get warmer again.   On the other hand, many potential buyers have decided to wait to purchase a home until next year to see what happens with interest...

Offer

I couldn’t get an offer accepted last week.

We all know the market has shifted, we hear it daily, and the media, as always, loves to make it sound like a crisis. The thing is, if it's not negative news, it will not sell. So here is the (not so negative) real estate market summary. For almost two years, we were in the deepest seller's market our country has ever faced. We all heard about it; everything sold quickly, at record-high...

Will your home be the one to sell at a higher price?

Will your home be the one to sell at a higher price?

Usually, the most cosmetically appealing home on the market is the first to sell at a higher price. As I have mentioned, the real estate market has been rapidly changing, and demand has decreased considerably because of higher interest rates at around 7% on average. So, if you have been thinking about selling your home in the short or long term, it’s essential to keep it updated because once we put...

Interest rates reach the 7%s Will home prices finally drop?

Interest rates reach the 7%s Will home prices finally drop?

Over the last few weeks, mortgage interest rates have continuously climbed to the point of reaching the mid-7 % on average, where they currently are. It's crazy that we started in the higher 2% this year! The rapid increase in rates is something that we have seen once before, so let's look into the 80s to have an idea of what may be happening in the short term.   In 1980 inflation was...

Real Estate or Cryptocurrency?

Real Estate or Cryptocurrency?

Cryptocurrency has been the new trend regarding investments. Everyone knows and is talking about it, from very wealthy individuals to even my grandma!   However, when it comes to compare, real estate exists, while cryptocurrency is up in a cloud (which many of us still do not understand how it works). Cryptocurrency has a volatility that we will never experience with real estate. Real...

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