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Showing posts with the label Homebuyers

Is the Housing Market Turning?

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  TRENDS, NEWS, FINANCE, HOMEBUYERS, HOME SELLERS Is the Housing Market Turning? The U.S.  avoided a recession in 2023 , and some say it will have a  soft landing  in 2024. Inflation has hovered in the 3% range for many months—higher than the central bank would prefer, but at 2.6% for personal consumption expenditures (PCE), it’s closer to the target range of 2% and far from the double-digit highs since the pandemic began. Most sources cite the “core” PCE, which excludes volatile energy and food prices which sat at 3.2% by year’s end—the lowest level since March 2021. Meanwhile, existing home sales volume began to edge higher by the end of 2023, and prices rose 4.0% year over year to a median of $387,600.  Mortgage interest rates  ended the year at 6.61% for a benchmark 30-year fixed-rate conventional home loan. Existing housing inventory remains tight with approximately 3.5-months’ supply on hand at the current sales pace. Due to the improvement in market conditions and higher consume

Private Lands in U.S. National Parks: What You Need to Know

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  HOMEBUYERS, RURAL REAL ESTATE, FUN FACTS Private Lands in U.S. National Parks: What You Need to Know Believe it or not, there are  over four million acres of private land  in U.S. national parks, about three percent of total public lands. Grandfathered in are homesteads established generations ago by the Homestead Act of 1862 when the country was young and settlers were willing to cross the country enduring numerous perils to claim farm and ranch land. As national parks were established, homesteaders were allowed to keep their lands, or they could sell their properties back to the government. Private properties within national park boundaries are called  inholdings,  and their owners have the same rights as all private property owners, including the right to sell their homes to whomever they wish. Homeowners may be subject to  Federal agency regulations “regarding access to their homes and use of their lands by their Federal agency neighbors.” Under the  Eastern Wilderness Act , publ

Talking Real Estate with Hope, January 2024 Newsletter

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The market is always changing. I'm here to help you make sense of everything that's happening in the real estate world. A doom and gloom attitude to all the changes will only ensure you'll miss out on new opportunities when it comes to homeownership and real estate investing. You can have what you want. Now.    January - Ponder this, "January is the month for dreaming." — Jean Hersey. I happen to agree - more than making resolutions, January is for imagining the year’s possibilities. I’m working on imagining a great year for us all!    As always, I am here for you, your family, and friends.   Your Forever Agent,    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     FINANCE, HOMEBUYERS, TRENDS   Will Mortgage Interest Rates Go Lower in 2024?   While many potential h

Talking Real Estate with Hope Leitner

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Think that it's not possible to buy a house with rising interest rates? Think twice! Plus, Inheritance is one way people enter the Real Estate market. But inheritance can be tricky when siblings are involved.  This newsletter has some insight into both of these topics. I love hearing from everyone on this email list. I am here to support you whatever your real estate needs might be.     Ponder This-  "Acknowledging the good that you already have in your life is the foundation for all abundance," Eckhart Tolle  - Before we can yearn for more - we need to be happy with everything we already have. I’m very grateful for my family, friends, and clients. Thank you!    As always, I am here for you, your family, and friends.   Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors HOMEOWNERS, HOME BUYERS, DIY, TRENDS   Get Ready to Buy a Home in 2023   Inflation, home prices and interest rates were higher in 2022 than they’ve been in years, but if you’re planning to become a homeow

Talking Real Estate with Hope - September 2022 Newsletter

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  Whether you own a home or are looking to buy or sell one, here are the latest Good to Know articles for when you’re ready to take the next step in finding your Forever Home.  This month's newsletter covers our ever-changing real estate market.   The Real Estate Market is changing quite a lot this summer. You might have questions regarding the effects of our current economics, even if you're just curious, give me a call. I love hearing from everyone on this email list. I am here to support you whatever your real estate needs might be.     PONDER THIS - “Live in the sunshine, swim in the sea, drink in the wild air.” ~ Ralph Waldo Emerson.  If you haven’t done any of these things yet this summer, do them now! Also, be grateful that here in San Diego summer will really last until about Thanksgiving.    As always, I am here for you, your family, and friends.   Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors HOMEBUYERS, HOME SELLERS, MARKET CONDITIONS, MORTGAGE INTEREST RATES,