Hope Leitner, Realtor®, CRS

Below are November's market report and the two previous month's reports for comparison. San Diego is desperate for home sellers. Inventory is low for the number of buyers. Just last week interest rates dropped more than 1% and buyers leapt at the opportunity. If you've been considering a change, downsizing, retiring, moving to your dream location.... Now is a great time to sell!    Whether you're considering buying or selling, give me a call so we can talk about your realistic options in our unique housing market.    If you know anyone who might be interested in receiving this market update every month, please have them sign up at this  link.   December - Ponder this,  "California dreamin' on such a winter's day." — The Mamas & The Papas - While the world dreams of living in our sunshine we are here already. I’m so happy that this is home for me, and grateful for the sun that greets me almost every day here.    I am always here for my cli...

This month's eNewsletter is full of good advice. Please enjoy it!    If you're thinking of buying or selling, please call! There's a lot to consider in today's market!    July - Ponder this -  “A moment of gratitude makes a difference in attitude.” - Unknown - Whoever said this little rhyme is a genius! July is a great time to practice Gratitude. Starting with, I am grateful to live in San Diego! … This list can go on - build your own!     As always, I am here for you, your family, and friends.   Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors         HOMEBUYERS, FINANCE   Grants for First-time and Low-income Homebuyers   Wouldn’t it be nice to receive some free money so you can buy a home? Federal, state, and local governments, plus housing foundations and charitable organizations are all great resources that provide grants to homebuyers in need of help.   Why help first-timers? As they tend to be young and still bui...

    June 2023 Colleen,   Summer season is here! I have buyers ready to go! The housing shortage in San Diego is ensuring that home values are holding steady.    This month's eNewsletter is full of good advice. Please enjoy it!    June - Ponder this -  “Green was the silence, wet was the light, the month of June trembled like a butterfly.” — Pablo Neruda - I think I agree, the Earth is still damp from Spring, all the flowers are blooming and there’s a feeling of “trembling” romance is in the air. Take some time to romance your life. Marvel at the clouds, tell your loved ones they are loved.      As always, I am here for you, your family, and friends.   Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors   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 Email Hope       HOME VALUES, HOMEBUY...

  The Three Factors Affecting Home Affordability Today April 26, 2023 For Buyers Pricing First Time Home Buyers Interest Rates Move-Up Buyers Housing Market Updates There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that  rates climbed  dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages. Considering how each one of these factors is changing gives you the full picture of home affordability today. Here’s the latest. 1. Mortgage Rates While mortgage rates are higher than they were a year ago, they’ve hovered primarily between 6% and 7% for nearly eight months now ( see graph below ): As the graph shows, mortgage rates have experienced some volatility during that time. And even a  small change  in mortgage rates impacts your purcha...