Hope Leitner, Realtor®, CRS

  Want to know two reasons this spring might finally be your time to buy? Inventory has grown and sellers may be more willing to negotiate as a result. That means you’ve got more options and more power than buyers have had in years. Let’s break it down. 1. You Have More Homes To Choose From The number of homes for sale this February was higher than it’s been in any of the past five Februarys – and that’s great news for your home search. The graph below uses the latest data from  Realtor.com  to show the supply of homes on the market has grown by  27.5%  in just the last year: More choices for your search is a good thing – and experts also say that inventory is projected to  continue rising  this year, which is even better. It means it should be easier to find something that checks your most important boxes. But that’s not all this does for you. Danielle Hale, Chief Economist at  Realtor.com , explains some of the other perks of more inventory, bey...

  If you’ve been waiting for mortgage rates to drop, here’s what experts predict: They’re expected to settle around 6.5% by the end of the year—not the huge drop many were hoping for. But don’t let that hold you back! There are options like: ✔ Buydowns to lower your rate upfront ✔ Adjustable-rate mortgages (ARMs) for flexibility ✔ Assumable loans that can lock in a lower rate Want to explore what works best for you?  Let’s chat! DM me and I’ll connect you with a great lender. Hope Leitner, CRS, CalDRE #01874321 Berkshire Hathaway HomeServices, California Properties Christie D. Horn and Associates 3790 Via de la Valle, Suite 201, Del Mar, CA 92014 Cell: (858) 382-3763 Website: HopeLeitner.com

  For years, sellers have had the upper hand in the housing market. With so few homes for sale and so many people who wanted to purchase them, buyers faced tough competition just to get an offer accepted. But now,  inventory  is rising, and things are starting to shift in many areas. So, is the market finally balancing out? And does that mean buyers will have it a bit easier now? Here’s what you need to know. What Makes It a Buyer’s Market or a Seller’s Market? It all comes down to how many homes are for sale in an area compared to how many buyers want to buy there. That’s what ultimately determines who has the most leverage. A Seller’s Market  is when there are more buyers than homes available, so sellers hold the power. This leads to rising prices, multiple offers, and homes selling quickly – often above the asking price – because there isn’t enough to go around. A Buyer’s Market  is when there are more homes than buyers. In this case, the tables turn. Sellers...