REALTOR® Magazine
As inflation decelerates, the potential for lower mortgage rates is becoming a greater possibility.
Mortgage rates decreased for the second consecutive week but still remain above 6.5%, a far cry from a year ago, muting any celebration from borrowers. Freddie Mac reports the 30-year fixed-rate mortgage averaged 6.69% this week.
The weekly drop comes on the heels of better economic news: The Federal Reserve on Wednesday voted to pause hikes to its benchmark interest rate in June—here’s how that could affect mortgage rates—and inflation dropped to 4%, the lowest level in two years.
“As inflation continues to decelerate, economic growth is slowing and the tightening cycle of monetary policy...
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710 Montecillo Rd, San Rafael
Serenity and Mid-Century Style in the Heart of Terra Linda
The Best of California Living
This beautiful & expanded Eichler is light and airy and has a large, level backyard with views of the surrounding hills and a very flexible floor plan with bonus rooms that can be used for additional bedrooms, offices, workout rooms or dens. The kitchen is upgraded with quartz counters & stainless appliances. There is a remodeled primary suite w/ generously-sized bathroom with oversized jetted tub & separate shower. The floor plan allows for multi-generational or multi-situational living –a large light-filled bedroom with an area that could be a kitchenette, as...
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35 Corte Dorado, Greenbrae
Living Your Best Life in the Heart of Greenbrae
Offered at $2,495,000
Experience luxury and serenity with this elegant 4 BR/3BA home in Greenbrae. This two story home has the spacious primary suite with full Mt. Tam views and a large guest bedroom on the main level with two bedrooms, a bath, family room, laundry room on the lower level.
Situated on a cul-de-sac in a sylvan setting, walking distance to top-rated schools, this home was rebuilt in 2000 using gorgeous finishes including slate, granite, marble, limestone and wood. It is on a large lot that slopes gently to a seasonal creek and affords tremendous privacy.
With large...
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By Aarthi Swaminathan
The numbers: Home prices rose in March as sellers held out on listing their homes, constraining supply.
Despite elevated mortgage rates, the S&P CoreLogic Case-Shiller 20-city home-price index rose 0.5% in March, as compared with the previous month.
Home prices were strongest in the Southeast, while prices in the West continued to drag. Though buyer demand has outpaced supply in March, surging mortgage rates may dampen home sales. The rate for the 30-year mortgage in May is over 7%, according to Mortgage News Daily.
Year-over-year appreciation was down 1.1%, a dip after home prices rose 0.4% in February. The 20-city index peaked in June 2022.
A broader measure...
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By: Keeping Currents Matter
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up.
But the data clearly shows today’s market is very different than it was before the housing crash in 2008. Rest assured, this isn’t a repeat of what happened back then. Here’s why.
It’s Harder To Get a Loan Now
It was much easier to get a home loan during the lead-up to the 2008 housing crisis than it is today. Back...
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REAL SIMPLE | By Lauren Phillips and Lisa Milbrand
Moving—like getting a tooth pulled or driving a very long distance through uninteresting landscapes—is one of those trials almost everyone must face. It's sometimes unpleasant, it's never exactly fun, but it usually leads to a positive outcome. Of course, particularly with moving, the success of the endeavor really depends on avoiding moving mistakes and planning ahead to make the process as smooth as possible.
Prep Ahead
Fortunately, and likely because almost everyone does end up moving at some point, there are plenty of tried-and-true moving tips out there to make the whole process easier. Following a moving checklist can help...
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The Spruce|By TAI MASSIMILIAN
Have you ever cleaned every inch of a room only to come back 10 minutes later and see a fine layer of dust settled everywhere? No, it's not your ineffective cleaning skills—the most likely culprit? Your ceiling fan. Ceiling fans are a great, low-cost way to keep your home cool during the summer months, but if they are not cleaned regularly, they can ruin all your hard work.
Picture this: your room is pristine and smelling fresh right after a good deep clean. You believe you covered every inch, but then, you switch on your ceiling fan, and the dust monster returns. If you are...
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By Evan Wyloge
If the housing market of just a year ago still seemed to be moving at quantum speed, today it’s more akin to an interminable traffic jam—with no exit ramps or HOV lanes in sight.
As higher mortgage rates have made buying a home ever more expensive, the pool of buyers who can afford to purchase real estate has dried up. Nationally, the number of existing-home sales plummeted 36% in November compared with a year earlier, according to a Realtor.com® analysis of CoreLogic data. (The data did not include sales of new-construction homes.) There were 395,000 sales in November 2021 compared with 251,000 one year later.
So home...
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There was a point, not too long ago, when buying a house was fairly straightforward: You’d schedule some tours, make an offer, and boom, you’re in the house before you know it.🏡
Today, though, the housing market is a very different animal—fast, ferocious, and ever-changing. In such an environment, it’s no longer a given that all homebuyers will easily find a house and seal the deal. And even more surprisingly, those lucky folks who do succeed aren’t just sitting on piles of cash. On the contrary, real estate agents and other experts we spoke to say that successful homebuyers today simply possess a particular mindset and behaviors that...
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Here are some great tips from a company called Moving Game Plans! ✅
Moving with children can be an overwhelming prospect, but it doesn't have to be! With a bit of planning and preparation, you can make the move smoother and easier for everyone involved. Here are six tips to help ease the transition for all family members when moving with kids: 👨👩👧👦
1. Communicate With Your Kids: Moving with kids can be a great experience, but it's also important to remember that it can be an unsettling time for them. Before and during the move, talk to your children about what will happen and why you...
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