Real Estate

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...

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...

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...

Today's Market: A Transitional Shift   Over the past few weeks, the real estate market has been undergoing changes due to recent events, like fluctuation in interest rates, demand, and supply, among other external factors. Knowing what to do/think as a buyer or seller is complex, with so much information. If you are in a position to buy or sell, you need answers fast. Let's talk about your...

Over the past few weeks, the real estate market has been undergoing changes due to recent events, like fluctuation in interest rates, demand, and supply, among other external factors. Knowing what to do/think as a buyer or seller is complex, with so much information. If you are in a position to buy or sell, you need answers fast. Let's talk about your opportunities.   Year over year,...

Where would your next move be if you sold your home today? As I have mentioned in prior blog posts, now is the perfect time to get back into the market if you have put a pause on searching for a new home.   And today, I want to share with you some critical factors to consider if you are between building vs. buying your next home.   A home with history and character is hard to...

Does size really matter?   If you have found yourself wishing you had more space at home, then it’s a clear sign that size does matter!   There may be many reasons why one may want more space at home. Leading the board is wanting to have an office or gym at home. The pandemic brought many changes in our lifestyle, some of which are here to stay. Among them is that many now get...

Since the rise in interest rates, many homeowners worry about the negative effect it could have on their home value. No need to stress out! The rate of your property value increase can depend on many factors, including the community where your home is located, local demand for housing, and the economy as a whole. But you, as a homeowner, can also affect your home's value over time by making upgrades...

But what is changing? The speed at which homes are selling. In the first quarter of this year, we saw homes selling on average in 17 days. A strong seller's market is under 60 days, so 17 days was complete INSANITY!   This fast-paced market was caused mainly because of a very low inventory. We started 2022 with just over 1,400 homes for sale in San Diego County. To put this in perspective,...

If you are debating whether to purchase a home now or wait, maybe this information can be helpful to you.   The low-interest rates that we had during 2020 and 2021 were a strong effort from the government to keep the economy active. Low-interest rates incentivize spending because everything is easier to purchase; everything is cheaper, from credit cards, personal loans, mortgages, and auto...