2 Myths About Mortgages
2 Myths About Mortgages That May Be Holding Back Buyers
Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a ...
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Posted by Josh Barker on August 29, 2016 in Josh's Blog
Whether You Rent or Buy, You’re Paying a Mortgage
There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours ...
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Posted by Josh Barker on August 26, 2016 in Josh's Blog
‘Old Millennials’ Diving Head-First into Homeownership
Some Highlights:
‘Old Millennials’ are defined as 25-36 year olds according to the US Census Bureau.
According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old....
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Posted by Josh Barker on August 22, 2016 in Josh's Blog
The Impact of Presidential Elections on California's Housing Market
ELECTION YEARS HAVE MINIMAL IMPACT ON CALIFORNIA'S HOUSING MARKETAlthough the upcoming U.S. presidential election has caused some economic uncertainty in recent months, it shouldn’t have a huge effect on California’s surging housing ...
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Posted by Josh Barker on August 19, 2016 in Josh's Blog
Where Are Home Prices Headed Over the Next 5 Years?
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate ...
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Posted by Josh Barker on August 17, 2016 in Josh's Blog
The Difference Your Interest Rate Makes
Some Highlights:
Interest rates have come a long way in the last 30 years.
The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford, if you plan to stay within a certain budget.
Interest rates ...
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Posted by Josh Barker on August 15, 2016 in Josh's Blog
Americans Believe Real Estate is the Best Long-Term Investment
According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment. They asked Americans to answer the following ...
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Posted by Josh Barker on August 12, 2016 in Josh's Blog
Home Sales Up in Every Price Range!
The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure.Homes priced between $100-250K showed a modest ...
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Posted by Josh Barker on August 12, 2016 in Josh's Blog
What Does Home Mean To You?
No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own home are, ...
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Posted by Josh Barker on August 10, 2016 in Josh's Blog
Buying Remains 36% Cheaper than Renting!
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. Redding may not be one of the largest ...
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Posted by Josh Barker on August 8, 2016 in Josh's Blog
Thinking of Selling Your House? Be Sure to Pick the Right Agent!
The most important question you can ask yourself when you are choosing a real estate agent is whether you feel you can trust them. You must know that they’re giving you great advice, and that they’re going to help you accomplish the ...
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Posted by Josh Barker on August 5, 2016 in Josh's Blog
Shasta County Market Update August 2016
From the Desk of Josh Barker
Interest Rates have continued to fall in recent months. Due to weak economic conditions in Europe, many foreign investors are purchasing US bonds which is contributing to the lower interest rate environment. Although ...
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Posted by Josh Barker on August 2, 2016 in Market Updates