Is Homeownership Still Considered Part of the American Dream?

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of Europe, which was still in many […]
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Home Tips: Home Hacks That Will Change Your Life

The more time you spend at home, the more problems you notice about your space. That tiny pile of clutter suddenly seems like a mountain; those dusty surfaces suddenly all you can think about. Luckily, you don’t have to spend all of your time cleaning to get your home pristine. With these easy home tips, you can get your home more organized, more efficient, and cleaner in no time—and keep it that way.

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#realestate #rodeorealty #repost #hometips #decorating #budget

How a Change in Mortgage Rate Impacts Your Homebuying Budget

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased […]
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What It Means To Be in a Sellers’ Market

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time to make sure your house is available for buyers who are looking for homes to […]
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2021 Real Estate Myth Buster [INFOGRAPHIC]

Some Highlights * There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. * Here’s a little clarity when it comes to 5 common myths about the 2021 housing market. * Let’s connect to discuss your needs and so you can decipher facts from fiction in our local market.
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Buyer & Seller Perks in Today’s Housing Market

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to […]
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Why You Should Think About Listing Prices Like an Auction’s Reserve Price

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much less than the full price […]
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Should We Fear the Surge in Cash-Out Refinances?

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in which an old mortgage is replaced for a new one […]
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What Credit Score Do You Need for a Mortgage?

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for […]
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Americans See Major Home Equity Gains [INFOGRAPHIC]

Some Highlights * Today’s home price appreciation is driving equity higher throughout the country. * If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. * Now is a great time to put your equity toward a down payment on the home of your dreams.
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Why This Spring Is a Great Time to Sell Your House

Why This Spring Is a Great Time to Sell Your House Today's housing market belongs to homeowners ready to sell. Let's connect to talk about why this spring is a great time to sell your house.

#sellyourhouse #sellersmarket #springrealestate #housingmarket #rodeorealty #realtor #repost #stockmarket #economy #interestrates

To Renovate or Not To Renovate Before You Sell

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to […]
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What Is the Strongest Tailwind to Today’s Recovering Economy?

Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11, 2020, from the World Health Organization declaring COVID-19 a worldwide pandemic. Two […]
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What Is the #1 Financial Benefit of Homeownership?

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is […]
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How to Make a Winning Offer on a Home

Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical […]
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How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]

Some Highlights * With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. * Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain confidence in the homebuying process. * If you’re looking for an expert guide to help you navigate today’s lightning-fast housing market, let’s connect today.
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Highlighting new local LA & Valley restaurants to check out this month! Choose to dine outdoors, or take-out, these new restaurants are sure to satisfy every craving.

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#rodeorealty #realtor #repost #trends #indoors #newyear #claudiahansen #dining #restaurants #take-out #craving  

Will the Housing Market Bloom This Spring?

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the housing market and how it will bloom this season.

Danielle Hale, Chief Economist, realtor.com: “Despite early weakness, we expect to see new listings grow in March and April as they traditionally do heading into spring, and last year’s extraordinarily low new listings comparison point will mean year over year gains. One other potential bright spot for would-be homebuyers, new construction, which has risen at a year over year pace of 20% or more for the last few months, will provide additional for-sale inventory relief.”

Ali Wolf, Chief Economist, Zonda: “Some people will feel comfortable listing their home during the first half of 2021. Others will want to wait until the vaccines are widely distributed. This suggests more inventory will be for sale in late 2021 and into the spring selling season in 2022.”

Freddie Mac: “Since reaching a low point in January, mortgage rates have risen by more than 30 basis points… However, the rise in mortgage rates over the next couple of months is likely to be more muted in comparison to the last few weeks, and we expect a strong spring sales season.”

Mark Fleming, Chief Economist, First American: “As the housing market heads into the spring home buying season, the ongoing supply and demand imbalance all but assures more house price growth...Many find it hard to believe, but housing is actually undervalued in most markets and the gap between house-buying power and sale prices indicates there’s room for further house price growth in the months to come.”

Bottom Line The experts are very optimistic about the housing market right now. If you pressed pause on your real estate plans over the winter, let’s chat to determine how you can re-engage in the homebuying process this spring.

Thinking of Buying or Selling a Home This Spring?

The housing market has a lot to offer both buyers and sellers right now. Let's connect to make sure you have the resources you need for the spring season.

#housingmarket #rodeorealty #realtor #repost #stockmarket #economy #interestrates #losangeles #buyingahome #sellingyourhouse #springrealestate