This week on the Real Estate Zone, Danny, Goli, and ReMi answered all your questions whether NOW is a good time to buy or sell!
While the mortgage rates are at all-time lows and the median home price is the most its ever been in history, this means YOUR HOME IS WORTH MORE NOW THAN EVER BEFORE!
Interested to know what your home might be worth? Check out our FREE and INSTANT home valuation tool at TBGHomeValues.com!
This is THE TIME to buy investment properties and lock in your 30 year loans at great rates!
Caller Steve asked, “Should I add additions onto my house or should I move to a bigger house?”
Danny replied that homeowners should make sure they are not overbuilding for the neighborhood and should consider other reasons they might want to move!
Supply and Demand Market: Our supply rates are rising slightly which Danny attributes to sellers getting a bit over zealous with pricing! However, we are currently still in an amazing seller’s market!
ReMi Mitschke Weekly Real Estate Recap
-ReMi of Movement Mortgage told us that rates continue to be at almost historical lows and they’ve been remaining stagnant for the last few weeks.
-For the first time, PMI outperformed FHA loans. This is important because the last time this happened, FHA lowered their premiums! As election season is right around the corner, we are expecting another cut!
-ReMi also mentioned that only 1/3 of California residents can currently afford to own a home, and because of this, we’ve seen the cost of rent go up due to higher demand.
Questions about loans, rates, or anything mortgage related? Contact Movement Mortgage at (800) 358-7563 !
Goli Vahdani discussed Celebrity Real Estate News
-Goli talked about the recent back and forth sale of the Playboy Mansion!
-A judge in Minnesota has given the administrator of Prince’s estate the approval to sell SOME of his properties including single family homes, vacant lots and buildings in Prince’s hometown that are worth millions!
Did you find this information helpful? We’d love to hear from you! Contact TBG Homes at (310) 432-5755 or TBGHomes@kw.com for more info about your real estate needs.
Don’t Forget to LIKE US on Facebook!
TBG Homes on Facebook
Also, LIKE US on Our Real Estate Zone Real Estate Show With Danny Batsalkin on Talk Radio 790 KABC where you can watch us LIVE!