Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]
According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in Shasta County and beyond March to an annual pace of 5.60 million.
This is the strongest pace since November of 2017....
Posted by Josh Barker on April 26, 2018 in Josh's Blog
New Study Shows ‘Best States for Millennials’
A new study by WalletHub used “30 key metrics, ranging from share of millennials to millennial unemployment rate to millennial voter-turnout rate” to find out which states are the ‘Best States for Millennials.’
The Top 5 ...
Posted by Josh Barker on April 24, 2018 in Josh's Blog
Buying a Home Is Cheaper Than Renting in the Majority of the US
The results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report.
The updated numbers show that renting a ...
Posted by Josh Barker on April 22, 2018 in Josh's Blog
Is Family Mortgage Debt Out of Control?
Some homeowners in Shasta County have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At ...
Posted by Josh Barker on April 19, 2018 in Josh's Blog
Rising Prices Help You Build Your Family’s Wealth
Over the next five years, home prices in Shasta County and beyond are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.
So, what does ...
Posted by Josh Barker on April 17, 2018 in Josh's Blog
Getting Pre-Approved Should Always Be Your First Step
In many markets across the country, including Shasta County, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One ...
Posted by Josh Barker on April 15, 2018 in Josh's Blog
The COST of Your Next Home Will Be LESS Than Your Parents’ Home Was
There is no doubt that the price of a home in Shasta County and in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically.
Posted by Josh Barker on April 12, 2018 in Josh's Blog
Mortgage Interest Rates Have Begun to Level Off
Whether you are a buyer searching for your first home in Shasta County, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading.
Over the course of 2018, according to Freddie ...
Posted by Josh Barker on April 11, 2018 in Josh's Blog
US Housing Market Still In ‘Buy Territory’!
According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market in Shasta County and beyond has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain ...
Posted by Josh Barker on April 9, 2018 in Josh's Blog
What Should You Look for In Your Real Estate Team?
How do you select the members of your team who are going to help make your dream of owning a home in Shasta County a reality? What should you be looking for? How do you know if you’ve found the right agent or lender?
The most important ...
Posted by Josh Barker on April 6, 2018 in Josh's Blog
Shasta County Market Update - April 2018
Click Here to watch Josh's video blog for the month of March.
From The Desk Of Josh Barker at RE/MAX,
The real estate market has continued to perform well in the first quarter. Sales are strong and prices are inching up in most price ranges. The ...
Posted by Josh Barker on April 5, 2018 in Market Updates
The Cost of Renting vs. Buying Today [INFOGRAPHIC]
Historically, the choice between renting or buying a home in Shasta County has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a ...
Posted by Josh Barker on April 3, 2018 in Josh's Blog