Henry Chu | Golden Gate Sotheby's International Realty

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

For Sellers / Housing Market Updates / Selling Myths

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a...

Homeownership Is Still at the Heart of the American Dream

Buying Myths / First Time Home Buyers / For Buyers / Move-Up Buyers

Homeownership Is Still at the Heart of the American Dream

Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist at Zillow: “The...

Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

Buying Myths / For Buyers / Housing Market Updates / Infographics / Pricing / Rent vs. Buy

Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next...

The Dramatic Impact of Homeownership on Net Worth

Buying Myths / First Time Home Buyers / For Buyers / Rent vs. Buy

The Dramatic Impact of Homeownership on Net Worth

If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net worth for...

What Lower Mortgage Rates Mean for Your Purchasing Power

Buying Myths / First Time Home Buyers / For Buyers / Move-Up Buyers

What Lower Mortgage Rates Mean for Your Purchasing Power

If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac...

Achieving Your Homebuying Dreams in 2024 [INFOGRAPHIC]

First Time Home Buyers / For Buyers / Infographics / Move-Up Buyers

Achieving Your Homebuying Dreams in 2024 [INFOGRAPHIC]

Some Highlights Planning to buy a home in 2024? Here’s what to focus on. Improve your credit score, plan for your down payment, get pre-approved, and decide what’s most important to you. Partner with a trusted real estate agent so you have expert advice on how to achieve your homebuying...

Why Pre-Approval Is Your Homebuying Game Changer

Buying Myths / First Time Home Buyers / For Buyers / Move-Up Buyers

Why Pre-Approval Is Your Homebuying Game Changer

If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this...