Millennials Are Skipping Starter Homes for Their Dream Homes
A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes.
What’s a Starter Home?
According to ...
Posted by Josh Barker on May 31, 2018 in Josh's Blog
Why Have Interest Rates Jumped to a 7-Year High?
Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors.
Posted by Josh Barker on May 29, 2018 in Josh's Blog
Don’t Wait to Sell Your House! Buyers Are Out Now
Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that ...
Posted by Josh Barker on May 21, 2018 in Josh's Blog
Moving Up to Your Dream Home? Don’t Wait!
Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true.
Where are home values today ...
Posted by Josh Barker on May 18, 2018 in Josh's Blog
Access: An Important Factor in Getting Your House SOLD!
So, you’ve decided to sell your house here in Shasta County. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers....
Posted by Josh Barker on May 16, 2018 in Josh's Blog
5 Ways Tax Reform Has Impacted the 2018 Housing Market
Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even ...
Posted by Josh Barker on May 14, 2018 in Josh's Blog
Home Inspections: What to Expect
So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection.
This contingency allows you to renegotiate the price you paid ...
Posted by Josh Barker on May 9, 2018 in Josh's Blog
What If I Wait Until Next Year to Buy a Home?
We recently shared that prices in Shasta County and nationally have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market.
As a seller, you will ...
Posted by Josh Barker on May 7, 2018 in Josh's Blog
This Just In: Data Says May is the Best Month to Sell Your Home
According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home.
For the study, ATTOM performed an “analysis of 14.7 million home ...
Posted by Josh Barker on May 2, 2018 in Josh's Blog
Shasta County Market Update - May 2018
Click Here to watch Josh's video blog for the month of May.
From The Desk Of Josh Barker @ RE/MAX,
This year represents the 6th consecutive year of appreciation in the housing market in Shasta County.
However, not all price ranges are performing ...
Posted by Josh Barker on May 2, 2018 in Market Updates
How Much Has Your Home Increased in Value Over the Last Year?
Home values in Shasta County and throughout America have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.7% year-over-year....
Posted by Josh Barker on May 1, 2018 in Josh's Blog