Mortgage Rates Have Finally Begun to Drop. So Should You Buy?

Mortgage rates have dipped, making it more affordable to become a homeowner. However, it's important to consider factors such as credit score, debt, and savings before making a decision. It may be better to wait if your finances are not in good shape. CD interest is taxable and should be reported to the IRS. The super rich have habits such as setting goals, avoiding debt, learning new things, and...

California Home Sales Remain Muted in October 2023 As Elevated Interest Rates Keep Homebuyers and Sellers on the Sideline, C.A.R. Reports – Mariposa County Home Sales Decline 19% Year-Over-Ye

California home sales in October remained flat due to high borrowing costs and limited housing inventory. Existing, single-family home sales totaled 241,770, a slight increase from September but a decrease of 11.9% compared to October 2022. The statewide median home price was $840,360, down 0.4% from September but up 5.3% from October 2022. Year-to-date home sales were down 27.2% in October. The decline...

Housing Easier in LA? Council Says Yes!

LA City Council's Vote: Lift zoning restrictions for affordable housing on public and city-owned land. It will expand affordable housing on civic-purpose-focused city-owned land by removing zoning and density restrictions....

Happy Thanksgiving

Thanksgiving is commonly known to commemorate the colonial Pilgrims’ harvest meal that they shared with Wampanoag Indians in 1621But it wasn’t a holiday until 1853 that Abraham Lincoln declared it a national holiday and kept Thanksgiving as the last Thursday in November.In many American households, the Thanksgiving celebration centers on cooking and...

4 important homebuying tips for 2024

In November 2023, buying a home is a difficult process with high mortgage rates and a low housing supply. However, following certain steps in 2024 could make it easier for homebuyers. Tips to consider include waiting until the second half of the year when there is potential for interest rate cuts, shopping for a mortgage online, and buying when ready instead of trying to time the rate...

California Builders Want to See Buyers’ Wish Lists

New home builders in California aim to incorporate desirable features and amenities into their properties. Buyers are encouraged to share their preferences and ideas with builders, even if they seem unconventional. Discussing floor plans and flexibility is essential, considering how your needs may evolve over the next decade....

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