Real Estate Blog

4 Considerations When Buying a Home in Westlake Village this Spring

Thinking of buying a home in the Westlake Village area this Spring? Good choice! Here are four great reasons to consider buying a home today instead of waiting. 1. Westlake Village Home Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.6% over the last 12 months. The same report…

What Rising Building Permits Means For Home Sellers

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.4% over last year. How building permits impact…

National Association of Realtors Data Shows It May Be Time to Sell

We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house. Let’s look at the data covered in…

Top 5 Reasons to Hire a Real Estate Professional When Selling

Whether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. But in this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’…

The #1 Reason to Sell Your Home Before Spring

Thinking of selling your home this year? There are a number of reasons you should consider selling sooner than later. As Spring is fast approaching, a large number of other homes will go up for sale. This increase of inventory will influence the price of your home. The price of any item (including residential real…

New Study Shows Bidding Wars Still Common in Today’s Market

Just like with any product or service, the law of supply and demand impacts home prices. Any time that there is less supply than the market demands, prices increase. In many areas of the country, the supply of homes for sale in the starter and trade-up home markets is so low that bidding wars have ensued, and…

3 Reasons We Are NOT in a Housing Bubble

With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last Decade Versus Today Last decade, demand for housing was artificially propped up…

Is Now The Right Time To Sell My House?

Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW! At the same time, however,…

Where Are Interest Rates Headed in 2018?

If you are considering moving up to your dream home, it may be better to do it sooner rather than later. The two components of your monthly mortgage payment (home prices & interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are some predictions…

3 Financial Reasons Why 33% of Homeowners are Downsizing this Year

A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market. In a blog, Dave Ramsey, the financial…

Top 5 Reasons to Hire a Qualified Real Estate Agent

The National Association of Realtors recently released their new Profile of Home Buyers and Sellers in which they surveyed recent home buyers and sellers about their experiences. An entire section of the profile is dedicated to clients’ experiences with their real estate agents. If you are looking to buy or sell your house in 2018,…

New Study Shows FSBOs Don’t Save Real Estate Commission

One of the main reasons why For Sale By Owners (FSBOs) don’t use a real estate agent is because they believe they will save the commission an agent charges for getting their house on the market and selling it. A new study by Collateral Analytics, however, reveals that FSBOs don’t actually save anything, and in…