4 3 34287 Canyon Rim Dr, Lake Elsinore, CA, 92532 My latest sale on RateMyAgent. 01271674 https://rma.reviews/KqFbKaDhwqRp ... #ratemyagent #realestate

Homeownership Builds Your Wealth over Time [INFOGRAPHIC] If youre thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term. Homeownership wins over time. DM me so you can start your homebuying journey today. #expertanswers #purchasingpower #buyingpower

Why It Makes Sense To Move Before Spring Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing its the best time to find a home. However, that isnt always the case when you factor in the competition you could face with other buyers at that time of year. If youre ready to buy a home, heres why it makes sense to move before the spring market picks up. >>Spring Should Bring a Wave of Buyers to the Market In most years, the housing market goes through predictable seasonal trends in activity. Winter is typically a quiet point in the year, while spring sees a surge of buyers begin their search. And experts project that this year will be no exception. That means right now is a sweet spot if youre in a good position to buy, before more buyers reappear. Affordability is beginning to improve, but demand is still low for now. Lawrence... #firsttimehomebuyer #opportunity #housingmarket

Why It Makes Sense To Move Before Spring Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing its the best time to find a home. However, that isnt always the case when you factor in the competition you could face with other buyers at that time of year. If youre ready to buy a home, heres why it makes sense to move before the spring market picks up. >>Spring Should Bring a Wave of Buyers to the Market In most years, the housing market goes through predictable seasonal trends in activity. Winter is typically a quiet point in the year, while spring sees a surge of buyers begin their search. And experts project that this year will be no exception. That means right now is a sweet spot if youre in a good position to buy, before more buyers reappear. Affordability is beginning to improve, but demand is still low for now. Lawrence... #firsttimehomebuyer #opportunity #housingmarket

Why You Shouldnt Fear Todays Foreclosure Headlines If youve seen recent headlines about foreclosures surging in the housing market, youre certainly not alone. Theres no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about whats happening today. According to data from ATTOM, foreclosure filings are up 115% from 2021, but down 34% from 2019. While the number of foreclosure filings did more than double last year, we need to remember why that happened and how it compares to more normal, pre-pandemic years in the market. Thanks to the forbearance program and other relief options for homeowners, foreclosure... #realestate #homeownership #homebuying #realestategoals

The 3 Factors That Affect Home Affordability If youve been following the housing market over the last couple of years, youve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. The three measures used to establish home affordability are home prices, mortgage rates, and wages. Heres a closer look at each one. >>1. Mortgage Rates Mortgage rates shot up to over 7% last year, causing many buyers to put their plans on hold. But things are looking different today as rates are starting to come down. Even a small change in rates can impact your purchasing power. If 7% rates paused your homebuying plans last year, this could be the opportunity you need to get back in the game. >>2. Home Prices The second factor at play is home prices. Home prices have made headlines over the past few years... #expertanswers #purchasingpower #buyingpower

The 3 Factors That Affect Home Affordability If youve been following the housing market over the last couple of years, youve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. The three measures used to establish home affordability are home prices, mortgage rates, and wages. Heres a closer look at each one. >>1. Mortgage Rates Mortgage rates shot up to over 7% last year, causing many buyers to put their plans on hold. But things are looking different today as rates are starting to come down. Even a small change in rates can impact your purchasing power. If 7% rates paused your homebuying plans last year, this could be the opportunity you need to get back in the game. >>2. Home Prices The second factor at play is home prices. Home prices have made headlines over the past few years... #expertanswers #purchasingpower #buyingpower

Want To Sell Your House? Price It Right. Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If youre thinking of selling your house soon, that means youll want to adjust your expectations accordingly. As realtor.com explains: . . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible. In a more moderate market, how you price your house will make a big difference to not only your bottom line, but to how quickly your house could sell. And the reality is, homes priced right are still selling in todays market. Especially today, your asking price sends a message to potential buyers. If its priced too low, you may leave money on the table or discourage buyers who may see a lower-than-expected price tag and wonder if that means something is wrong with... #Sellyourhouse #moveuphome #dreamhome #realestate

Whats Really Happening with Home Prices? [INFOGRAPHIC] If youre thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decisionbut perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%. DM me to find out how much equity you have in your current home and how you can use it to fuel your next purchase. #realestate #homeownership #homebuying #realestategoals

Pre-Approval in 2023: What You Need To Know One of the first steps in your homebuying journey is getting pre-approved. Basically, pre-approval gives you critical information about the homebuying process thatll help you understand your options and what you may be able to borrow. How does it work? As part of the pre-approval process, a lender will look at your finances to determine what theyd be willing to loan you. From there, your lender will give you a pre-approval letter to help you understand how much money you can borrow. That can make it easier when you set out to search for homes because youll know your overall numbers. And with higher mortgage rates impacting affordability for many buyers today, a solid understanding of your numbers is even more important. >>Pre-Approval Helps Show Youre a Serious Buyer Another added benefit is pre-approval can help a seller feel more confident in your... #firsttimehomebuyer #opportunity #housingmarket