First-time buyers face challenges, including navigating documents and understanding condominium or strata living complexities.Condominiums offer affordability, amenities, and convenience, but rules, expenses, and disputes can complicate ownership.
Over 1.2 million California homes face high wildfire risk, with reconstruction costs exceeding $760 billion. California FAIR Plan offers limited insurance, with major insurers retreating from high-risk zones.
A property at 989 Market St. was acquired for $13.5M, marking a major post-pandemic investment. The six-story building will be marketed as a multitenant space due to lower demand for full offices.
Si estás buscando comprar una casa en California, investigar las tasas de hipoteca es esencial. Comparar entre varios prestamistas puede ayudarte a conseguir un mejor trato. California ofrece un alto costo de vida, pero ciudades como Visalia ($236,400 valor medio de la vivienda), Bakersfield ($247,000), Fresno ($242,000), Modesto ($283,800) y Stockton ($273,400) son opciones más asequibles. Cada ciudad tiene sus atracciones únicas y tasas de impuestos a la propiedad más… Read More »Tasas de Hipoteca en California
Selling a home in California typically costs 9.81% of the sale price, including REALTOR® fees, closing costs, and staging.The avg REALTOR® commission in California is 5.11% of the home’s sale price, with a potential seller concession to help cover buyer’s agent costs.
Homeownership is vital for building generational wealth, especially in the Black community, where 90% of wealth gains come from it. The Federal Reserve may cut interest rates, impacting affordability for buyers and current homeowners. Prospective buyers should focus on financial readiness rather than timing the market. Low down payment options and grants are available. Existing homeowners may benefit from refinancing if rates drop. Tools exist to help both first-time and… Read More »Mortgage rates are dropping: what it means for California homeowners and homebuyers
Autumn sees determined sellers open to negotiations, accepting lower prices in September through November. In winter, housing prices drop and reduced competition helps you find negotiable deals on your dream home.
Estabilidad a pesar de los temores: El mercado se mantiene estable, evitando colapsos importantes como el de la Gran Depresión.Factores que enfrían el mercado: El aumento de las tasas hipotecarias y los temores de recesión han enfriado el mercado desde su punto máximo.
California home sales rose 3.6% in Early-Q3, reaching a five-month high due to lower interest rates. The statewide median home price in Early-Q3 was ~$887K, a 6.5% increase from Early-Q3 2023.