Tag Archives: home appreciation

7 Common Homebuyer Regrets:
How to Avoid Them

7 Common Homebuyer Regrets:<br>How to Avoid Them Pam Fraser Picture of a man looking regretful standing in front of a house

To avoid buyer regrets, make sure you consider your future self when shopping for a home.

Most new homebuyers don’t regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say they’re glad they found their current homes. But that doesn’t mean newly-minted homeowners don’t have any regrets about their buying choices.

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How to Avoid Them

Home Prices in 2023 and What That Means for You

Home Prices in 2023 and What That Means for You Pam Fraser background of homes

Last year, one factor drove home prices more than any other: rising mortgage rates.

In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation. And while some market sectors have been slow to respond, the housing market has reacted accordingly.

Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately lead to a more stable and balanced real estate market.

So, what can we expect in 2023? Continue reading Home Prices in 2023 and What That Means for You

Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home

Buy or Rent? 5 Questions to Answer Before Purchasing Your First Home Picture of couple hugging standing in a house with moving boxes

Deciding whether to jump into the housing market or rent instead is rarely an easy decision. This is especially true if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership. Here are some ways to figure out if it makes more sense to buy or rent.

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Home Prices Soar: Did Your Home Outearn You Last Year?

HOME PRICES SOAR: DID YOUR HOME OUTEARN YOU LAST YEAR? money bag, house and upward arrow

Home prices skyrocketed in San Diego and the rest of the country last year, and odds are that your home earned more than you did.

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The State of Real Estate in 2022

The State of Real Estate in 2022 for sale sign and house

Where is real estate headed in 2022? Last year was definitely one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.

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Could Rising Home Prices Impact Your Net Worth?

Could Rising Home Prices Impact Your Net Worth?

Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line.

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Is the San Diego Real Estate Market Going to Crash?

Is the San Diego Real Estate Market Going to Crash?

While many areas of the economy have contracted, the real estate market has stayed remarkably strong. But can the good news last?

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How’s the Real Estate Market?

Hows the Real Estate Market?

The U.S. unemployment rate is at a 50-year low, and consumer confidence remains high. In fact, the University of Michigan’s latest Surveys of Consumers found that Americans have their most positive personal finance outlook since 2003.

However, if you follow national news, you’ve probably heard speculation that we could be headed toward a recession. Global trade tensions and a slowdown in the GDP growth rate have sparked volatility in the stock market, leading to economic uncertainty.

Given these differing signals, you may be wondering: How has the real estate market been impacted? Where is it headed? And more importantly, what does it mean for me?

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