Will Another Recession Happen Soon? What Will Be the Impact?
Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent report by Zillow Research shed light on a survey conducted by Pulsenomics in ...
Posted by Josh Barker on June 29, 2018 in Josh's Blog
Are You Wondering If You Can Buy Your First Home?
There are many people in Shasta County sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they get married or start a family, some might ...
Posted by Josh Barker on June 27, 2018 in Josh's Blog
You DO NOT Need 20% Down to Buy Your Home NOW!
The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of ...
Posted by Josh Barker on June 25, 2018 in Josh's Blog
Homes are More Affordable in 44 out of 50 States
With both home prices and mortgage rates increasing this year in Shasta County and in America, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing ...
Posted by Josh Barker on June 22, 2018 in Josh's Blog
How A Lack of Inventory Impacts the Housing Market
The housing crisis in Shasta County and the rest of America is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short ...
Posted by Josh Barker on June 20, 2018 in Josh's Blog
Are Lending Standards Too Loose…or Too Tight?
With home values appreciating at record rates in Shasta County and all across America, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing ...
Posted by Josh Barker on June 18, 2018 in Josh's Blog
Days on The Market Drops to New Low in April
According to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month.
Posted by Josh Barker on June 15, 2018 in Josh's Blog
Did Tax Reform Kill the Luxury Market? NOT SO FAR!
The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it could have a ...
Posted by Josh Barker on June 11, 2018 in Josh's Blog
4 Reasons Why Summer Is a Great Time to Buy a Home!
Here are four great reasons to consider buying a home in Shasta County today instead of waiting:
1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. ...
Posted by Josh Barker on June 8, 2018 in Josh's Blog
Shasta County Market Update - June 2018
Click Here to watch Josh's video blog for the month of June.
From The Desk Of Josh Barker @ RE/MAX
By now everyone has heard that interest rates will be increasing.
For years and years, we have heard rumors of rate increases and yet, until now, ...
Posted by Josh Barker on June 5, 2018 in Market Updates
Will Home Prices Fall as Mortgage Rates Rise?
Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home ...
Posted by Josh Barker on June 4, 2018 in Josh's Blog