Where Are Interest Rates Headed This Year?
With interest rates still below 4%, many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year. If you look at what the four major reporting agencies are predicting for 2016, it may make the ...
Posted by Josh Barker on January 27, 2016 in Josh's Blog
Existing Home Sales Rebound in December
The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7....
Posted by Josh Barker on January 25, 2016 in Josh's Blog
Rents Still Skyrocketing
Zillow recently revealed that the 43 million renter households in the US spent $535 billion on rent in 2015. Aggregate numbers like these often make it difficult to truly assess a situation. For more clarity, we want to share some points that were ...
Posted by Josh Barker on January 20, 2016 in Josh's Blog
January 2016 Market Update
From the Desk of Josh Barker
First and foremost...Happy New Year! 2015 has proved to be an outstanding year for real estate in Shasta County. Home values are up, interest rates are still low and there seems to be an optimism in the air for the ...
Posted by Josh Barker on January 11, 2016 in Market Updates
Homeownership Still Part of the American Dream
The National Association of Realtors (NAR) just released the first edition of their Housing Opportunities and Market Experience Survey (H.O.M.E.). NAR explained that the report covers:“…core topics that will be tracked on a monthly ...
Posted by Josh Barker on January 7, 2016 in Josh's Blog
Buyer Demand Continues to Outpace the Supply of Homes For Sale
If you are debating listing your house for sale this year, here is the #1 reason not to wait!
The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage:
“While feedback ...
Posted by Josh Barker on January 6, 2016 in Josh's Blog