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2016 Will Bring Good News for Potential Homebuyers

Redfin: 5 housing predictions for next year

Next year isn’t predicted to bring any giant hoopla to set off the market. However, moderate growth is more sustainable, and better for buyers.

According to Redfin’s forecast for 2016, “Most economists agree that housing prices and sales will continue to grow in 2016, just at a slower pace. Call it a slowdown, but not bad news.”

The New Year doesn’t bring all good news, with some bad tossed in the mixed. Overall, Redfin said, “All things considered, we see a fairly uneventful housing market next year.”

Here are Redfin’s five housing market predictions for 2016: Continue reading

The Meaning of Thanksgiving

Meaning of Thanksgiving – The Real Celebration
For many of us, the meaning of Thanksgiving usually includes feasting, four-day weekends, football games, floats, family reunions, or a forerunner to Christmas festivities. The “first Thanksgiving,” however, was neither a feast nor a holiday, but a simple gathering. Following the Mayflower’s arrival at Plymouth Rock on December 11, 1620, the Pilgrims suffered the loss Continue reading

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Homes Sold in Oroville this Week

Buying a home is a major decision, and it can feel like a gamble. If you buy now, will real estate prices plummet? Will mortgage rates fall? Or is now the perfect time to snag the home of your dreams?

Things are looking up: Mortgage rates are low despite recent gains, and new data shows the inventory of homes on the market is starting to increase—all good news for buyers.

I’ve added my “Sold in Oroville this week” series to my blog.  This link will keep you informed.  I will be adding a link every Tuesday to keep you informed on our market.

http://mrmlsmatrix.com/DE.asp?ID=39423643240

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Integrity in Real Estate

I was reading an article this morning that touched on an interesting point that I thought I would share on my blog. It said that at the end of the day, we are all in the integrity business. When we talk about professionalism, we are expressing our commitment to excellence in how we treat people and serve their needs.

The value of a Realtor some may say is primarily for information, but when someone asks me to be their agent Continue reading

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Spring Fever

I always enjoy this time of the year.  The flowers are blooming and the air smells like baseball.  For those of you that are fans of the game you know exactly what I’m talking about!  Nothing better in my mind!  There is just something about heading out to the ballpark on a spring day.

As I was setting in my bleacher chair taking in my sons high school varsity baseball game my mind drifts off to the similarities of this awesome game and our lives.  You can either be thrown that beautiful fast ball that comes down the pipe and hits your bat for an amazing breath taking hit or you may get that nasty curve ball that you have to wait for what seems like an eternity to connect with or you just plain miss.  Wow! Doesn’t that sound like life?

I was reading a metaphor about some similarities.  Baseball, like life, has no established time for its ending.  Both will eventually end, but they do so at a time unbeknownst to anyone ahead of time. That uncertainty is part of the reason I love the game, and I can certainly say I’m glad that I don’t know when I’m going to meet my end. That’s what makes both life and baseball true adventures.

In baseball, just as in life, many decisions are before us, and over time, both good and bad will happen. Whether you’re caught stealing a cookie from the cookie jar or trying to steal second base, these things are bound to happen every once in a while.

The great thing about life and baseball is that we get a chance to redeem our errors — whether it’s by baking a batch of delicious peanut butter cookies or by hitting a walk-off solo home run to lead your team to victory.

In the end, I realize baseball may not be all that exciting when compared to other sports, but when you take a step back and look at it, there is a clear reason the sport became America’s pastime.

 

The next generation of home buyers

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I was reading an article this morning about “Millennials”.  I seem to find myself thinking about this generation quite a bit, probably because this age group hits me so close to home with my family.

This generation of buyer’s are going to be so important to the real estate market, which in turn will impact all of us as homeowners.

The article quoted a survey showing that nearly two in five Millennials (49%) live with parents, but 93% plan to buy a home in their future. I’m trying to wrap my head around that percentage — there are $9 million Millennials in our state alone.

A recent survey finds that this “y” generation is concerned about the location of the property, neighborhoods, home features and interestingly also “walkability” to their desired hot spots (restaurants and shopping). They are also looking for the freedom to do what they want with the property and their privacy was also important.

On a scale of 1-10 homeownership importance for Millennials was an “8”. I feel this number is huge for all of our future real estate values. It’s encouraging for me to know that even though they have seen their parents struggle through the recession the housing crisis hasn’t affected their attitude toward homeownership being a good investment.

Let me know what you think.

 

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Professionalism and commitment

I was reading an article this morning that touched on an interesting point that I thought I would share on my blog.  It said that at the end of the day, we are all in the integrity business.  When we talk about professionalism, we are expressing our commitment to excellence in how we treat people and serve their needs.

The value of a Realtor some may say is primarily for information, but when someone asks me to be their agent  Continue reading