The real estate market in San Bernardino County continues to evolve and react to economic factors such as mortgage rates, inflation, and a shortage of homes for sale. San Bernardino County has a diverse market that caters to a wide range of buyers and offers various housing options across its many cities, including Fontana, Ontario, Rancho Cucamonga, and San Bernardino.This report will share insights on...
Amid economic volatility and speculation, the housing market has remained remarkably resilient. Despite earlier concerns and sensational headlines predicting a collapse in 2023, the reality is far from the painted doomsday scenarios. Among other reports, here are some examples of what we saw in some publications:During the fourth quarter of last year, many housing experts predicted home prices were going...
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1. The Current Mortgage Rate on Existing Mortgages First, let’s look at the current rate on...
Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.Why Is Homeownership So Important to Women?The rise in women pursuing homeownership hasn’t just made an impact on the housing market....
If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment.This year, we aren’t seeing home prices fall dramatically. As the year goes on, however, some markets may go up in value while others may lose value. That’s why it’s...
Are you having trouble finding a home that fits your needs and your budget? If so, you should know there’s an option worth considering – condominiums, also known as condos.
Home Buyers If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the home buying process will help set you up for success in each step. Make sure to work with a trusted real estate professional along the way, to help guide you through the home-buying steps specific to your...
Is it Difficult to Find Your Dream Home Whether you’re a first-time buyer or a seller thinking of moving up or down, 2020 could be your year with more new construction homes coming to market. Based on the significant changes that we have seen in the past 15 years, it indicates that we have a steady market today. Please call me with more information about the local market. The headlines in...