Even with mortgage rates soaring above 7%, homes remain scarce, multiple offers are the new normal, and property values are skyrocketing. As the economy cools, expect mortgage rates to drop, igniting an even fiercer housing market frenzy.
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Revamped Rules For Landlords: What You Need To Know - Attention landlords! Big changes are on the horizon with new rent control laws set to take effect in July 2024. In this video, I'll be breaking down the latest update, particularly focusing on the game-changing AB12 law, which significantly impacts security deposits.
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Ever wondered if now is the right time to invest in real estate? 🏡 In this eye-opening video, I delve into a conversation with a past client that sheds light on the crucial question: "Why Buy Now?" 💡 We discuss the astonishing appreciation of properties over the years and the missed opportunities that come with waiting.
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Considering the leap into becoming a landlord? In 'Landlord 101: What to Look for When Choosing Tenants', I share invaluable tips for aspiring landlords on selecting the perfect tenant. Discover the essential checklist that goes beyond gut feelings.
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The housing market is seeing significant shifts! Mortgage rates are creeping back up, inching closer to the 7% mark. Despite this, as Spring approaches, demand has surged by an impressive 28%. Additionally, inventory has seen a notable 16% increase over the past week. However, it still lags considerably behind the three-year average.
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🏡 In my latest video, I'm sharing one of the most jaw-dropping stories from my career. Picture this: a $2 million listing in Irvine with over 10 offers, a smooth escrow process, and then... a sudden cancellation that left everyone stunned. What went wrong? Tune in to find out how a buyer's impulsive decision cost them a hefty $60,000 and taught us all a valuable lesson about the importance of ensuring all parties are on board before making a purchase.
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