Buying a California home for the first time can feel overwhelming, but prospective purchasers should keep in mind that they can remain in control of the process throughout. First, it is important to decide how much to spend including closing costs. A person who is...
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Residential Real Estate
Reasons to have a home inspected
When buying a home in California, it is important to have it inspected by an independent professional. This is because most homeowners will present their homes in the best possible light to prospective buyers, which means that an individual may not see its flaws right...
Buyer competition driving residential property prices
With the Fed looking to increase interest rates again this year, many potential home owners in California may feel that now is the time to buy. However, low supply in many markets has resulted in bidding wars and steep price increases that are blocking many...
Spec home building is booming in Southern California
Residential real estate markets in many parts of Southern California have been extremely active in recent years, and industry experts say that the resulting shortage of supply has led to a rapid increase in speculative building. Custom builders are also being...
Fed official calls for further action to cool property markets
Rising real estate prices in California and around the country have industry experts and officials at the U.S. Federal Reserve worried. A sudden downturn in property prices that began in 2007 shook financial markets and sparked a worldwide crisis a year later, and...
What might impact residential real estate in 2017?
In 2017, experts believe a couple of primary factors will affect the real estate market in California and in the rest of the nation. Rising interest rates are expected to affect the affordability of homes, and millennials are getting older and are buying...
Real estate trends to watch in 2017
Real estate investors in California may be able to make smarter business moves by staying up-to-date on the latest trends. Many analysts are saying that 2017 will not be a year for strong economic growth, and there is a lot of uncertainty in the markets. The...
Renting a home more costly than buying one
With all the real estate choices available nowadays, California residents contemplating a move may be wondering if they should buy a home or rent one. While purchasing a home may seem more expensive, considering rising interest rates and inflation, studies have shown...
Finding the best mortgage
For many people living in California, buying a home is the most significant purchase they will ever make. For that reason, finding the right mortgage is extremely important. Residential real estate mortgage terms vary widely, making it important for consumers to read...
Issues regarding real estate closings
California residents who anticipate selling or buying a home may face unexpected problems that could hinder or delay the closing. One major hindrance to the closing process is problems with the property's title. In order to acquire title insurance, the home buyer has...