Is the Housing Market Slowing Down?

With rising costs everywhere, we’re hearing a lot of people asking, “Is the housing market slowing down?” By comparison to the past few years, yes, it is. Maybe. But that’s not necessarily a bad thing. Because for the past few years it’s been speeding along like a runaway freight train. So, in reality, any slow…

What First-Time Homebuyers Need to Know Right Now

We may be facing uncertain economic times, but what first-time homebuyers need to know right now is that owning a home still is a good investment for most people, there are programs that may provide assistance, and they never have to figure it all out on their own. A Good Investment Forbes recently asked financial…

Young, First-Time Buyers are Bolstering Local Real Estate

Even with our current economic uncertainty, young, first-time buyers are bolstering local real estate. This is due, at least in part, to the many first-time homebuyer assistance programs available to them. Here’s a look at some of the programs these young, first-time homebuyers have access to: Fresno County First-Time Homebuyer Program The Fresno County First-Time…

Are Mortgage Rates Going to Go Back Down Soon?

This question — are mortgage rates going to go back down soon? — is on everyone’s mind. Unfortunately, most experts think rates have either plateaued or may continue to rise throughout the rest of 2022. On July 27, Bankrate quoted chief economist at the Mortgage Bankers Association as saying, “There is a tug-of-war in market…

Is Fresno a Good Place to Invest in Real Estate?

While you always should be careful and evaluate a property on its individual merits, Fresno is a good place to invest in real estate overall. Some Fresno Real Estate Investment Statistics According to Forbes, the Central Valley has the lowest real estate prices in California and yet a large proportion of people are renters. In…

Fresno Housing Market is Booming

We’ve always loved Fresno real estate, and with the way the Fresno housing market is booming right now, it looks like many people are feeling the same way. In fact, the Los Angeles Times recently called Fresno “the nation’s hottest housing market.” That’s based on the 39% increase in average home rental prices since 2017.…

Mortgage Rates on the Rise

Nothing lasts forever, and that’s certainly true of the record low mortgage rates we’ve enjoyed recently. Mortgage rates are on the rise as we continue to recover from the pandemic, although they’re still at historically low levels. According to BankRate, the upward trend for mortgage rates is likely to continue through the year as more…

What to Expect with Real Estate in 2021

While last year taught us all that anything can happen, here’s what buyers and sellers can expect with real estate in 2021 … Mortgage Rates Buyers saw mortgage rates at all-time lows in 2020. The average over the course of last year was just 3%. Rates are already starting to rise, although they are expected…

Mortgage Rates Still Dropping?

Seems like each time that rates hit a new record low this year, we turn around and see mortgage rates still dropping even further. But will that continue? Now that the election is over and positive news of a coronavirus vaccine has been announced, we may see rates start to go back up … a…

Mortgage Rates Drop to Record Low

Earlier this month, we saw mortgage rates drop to a new record low … even lower than the seven other record lows hit already in 2020. Freddie Mac reported that the average interest rate on a 30-year fixed-rate mortgage recently fell to 2.88%. If you were wondering, that’s the lowest they’ve seen in their 50-year…

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