Hope Leitner, Realtor®, CRS

  Here I have this month's Market Report for San Diego County. And, below is last month's report. The decrease in the number of houses on the market is a normal seasonal change. Families tend to move in the summers when kids are out of school. But the decrease is also contributing to the already tight market. There just aren't enough houses on the market.    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.   September - Ponder this,  “All the months are crude experiments, out of which the perfect September is made.” — Virginia Woolf. This quote is quite magical - I love September, summer isn't really gone yet, but new beginnings are all around, the harvest, and back-to-school are full of possibilities and promise.    I am always here for my clients and

  Sellers: Don’t Let These Two Things Hold You Back August 1, 2023 For Buyers For Sellers Buying Myths Selling Myths Many homeowners thinking about  selling  have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles. Challenge #1: The Reluctance to Take on a Higher Mortgage Rate According to the  Federal Housing Finance Agency  (FHFA), the  average interest rate  for current homeowners with mortgages is less than 4% ( see graph below ): But today, the typical 30-year fixed  mortgage rate  offered to buyers is closer to  7% . As a result, many homeowners are opting to stay put instead of moving to another home with a higher borrowing cost. This is a situation known as the mortgage rate lock-in effect. The Advice: Waiting May Not Pay Off While experts project  mortgage rat

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 building credit and savings, first-time homebuyers