Chapman’s Business forecast joined the consistent chorus of economists anticipating a mild to moderate recession by mid to late 2023. One common predictor used was the drop of the 10 year Treasury Bond below the Federal Funds Rate. A cross...
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The rising rental rates that spiked earlier this year have begun to cool down this winter. Zillow’s Observed Rent Index saw a year over year rent peaking at 17% in February 2022. It has slowed to 11% increase in September....
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We all saw the ads for deep pocketed companies willing to buy our home on the cheap and easy. No cleaning it up for showings, no fixing of leaks, no new painting required. In exchange for a quick and mostly...
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Most assuredly the answer to this concerning question is undoubtedly yes; the more pressing question is, “are we there?” —And of course there are varied answers depending on whose opinion you most value. From a personal standpoint, if you are...
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That’s what many unfortunate; would be homeowners are muttering under their breath, if they paid attention to the roughly 25% appreciation single-family homes garnered in our comparison of year over year numbers. So yes, if you didn’t pull the trigger...
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An agent is so much more than whose sign is in your yard, or the one who drives you around and shows you homes. Both of those are the barest beginnings of selling or buying a house. Ponder the following:...
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The total number of sales for April (the last complete month available), was 3,920, up (7% from April 2020. (All numbers are for April year over year). That was to be expected as April 2020 was ground zero for the...
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It isn’t always who has the highest offer, there are many other factors; your down payment position, contingency positions, loan approval, repair considerations, escrow length, contingent offers on another home being sold, rent back flexibility. So how to navigate… Your...
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That is a valid and reasonable question; at the beginning of the year, Jonathan Lasner reported we were a weak 1 on a scale of 1-5 (5 being highest), of a real estate bubble. Now, according to the Fitch report,...
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Good question… it doesn’t technically hurt you to refi again and again, if you are going to stay in a property long enough to get your investment back on the cost of your refinance and substantially lower your payment, usually...
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Southern California focused Housing Reports by Steven Thomas argues against any drastic housing implosion in 2023. This view is consistent with most housing economists. It is based on the high
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