As both the government and buyers scramble for options in the current housing market, the Federal Housing Administration approves 40-year mortgages as an option for homebuying entry. When barriers to home buying occur, the government and associated real estate industry professionals work to find options for those looking to enter the market. The Federal Housing […]
There are misconceptions of what a 3-2-1 loan buydown is and what the benefits are for all parties The 3-2-1 loan buydown program is a type of mortgage financing option that is designed to make homeownership more affordable for borrowers during the initial years of their loan. Under this program, the borrower pays an additional […]
There are many definitions of “Luxury Homes”–how are the current market conditions impacting them? Luxury housing is often associated with extravagance and opulence, but it’s much more than that. It’s about the finer things in life, and it’s a reflection of one’s taste, preferences, and lifestyle. Just what are luxury homes and how big is […]
Recent reports showed California gets a 17.6 percent boost from January The real estate market doldrums of late 2022 are leaving, as new data points to an uptick in activity. Per the California Association of Realtors, California home sales get their largest boost in 4 months. This is thanks to a 17.6 percent increase over […]
Business Insider revealed a list of 14 cities with better buying opportunities this year–three major Southern California cities are more affordable in 2023. The real estate market has seen numerous shifts over the past few years, as both buyers and sellers seek out the best paths for them going forward. However, there is some good […]
It’s getting increasingly important to know your home’s value in this market People are keeping an eye on the ebbs and flows of the real estate market, but sometimes knowing what’s going on with one’s personal assets can be tricky. It’s important to know the numbers behind your current house–do you know your home’s value? […]
Homebuilders offering incentives to buyers on new homes could bring a new influx of market activity For homebuyers who are experiencing issues finding their existing dream home out there on the market, there is a ray of sunshine that isn’t being talked about much. Most home builders offering incentives to buyers on new construction projects […]
Potential homebuyers will get a boost from the government next month with HUD announcing FHA PMI premiums being cut. Part of the standstill that has occurred the past handful of months in the real estate market has centered around the rise of monthly costs for potential homebuyers. Well, that’s about to change, as HUD announces […]
As they dive into this unique real estate market, first-time homebuyers have clear ideas of what features they want in a home While today’s market is currently favoring sellers, buyers are still putting their stamp on purchases. In their home searches, first-time homebuyers have some strong opinions on home features. We’re going to have a […]
Some tips for homebuyers–first-time or otherwise–can help your home purchase experience in this market. As homebuyers traverse this challenging real estate market, they aim to get as many useful items in their purchase toolbox. Part of that process is getting secrets for a successful home purchase in this aggressive real estate market. Here at Casa […]
