Hope Leitner, Realtor®, CRS

  Do Elections Impact the Housing Market? The 2024 Presidential election is just months away. As someone who’s thinking about potentially   buying   or   selling   a home, you’re probably curious about what effect, if any, elections have on the housing market.   It’s a great question because   buying   or   selling   a home is a major decision, and it’s natural to wonder how such a major event might impact your plans.   Historically, Presidential elections have only had a small, temporary impact on the housing market. Here’s the latest on exactly what’s happened to home sales,   prices , and   mortgage rates   throughout those time periods. Home Sales During the month of November, in years when the Presidential election takes place, there’s typically a slight slowdown in home sales. As Ali Wolf, Chief Economist at  Zonda ,  explains : “Usually, home sales are unchanged compared to a non-election year with the exception being November.  In an election year, November is slower than norma

  Chances are you’re hearing a lot about  mortgage rates  right now. You may even see some headlines talking about last week’s  Federal Reserve  (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do. The truth is,  mortgage rates  are impacted by a  lot of factors : geo-political uncertainty,  inflation  and the economy, and more. And trying to pin down when all those factors will line up enough for rates to come down is tricky. That’s why it’s generally not worth it to try to  time the market . There’s too much at play that you can’t control. The best thing you can do is control the controllables.   And when it comes to rates, here’s what you can influence to make your moving plans a reality.   Your Credit Score Credit scores can play a big role in your mortgage rate. As an article from CNET explains: “ You can’t control the economic factors influencing interest rates.   But you can get the best ra

    June 2024   Welcome to a curated selection of the latest real estate insights—handpicked just for you. As your dedicated agent for life, I believe in empowering you with the knowledge you need to navigate the world of homeownership with confidence. Sit back and absorb the compelling narratives that await in this issue.   Whenever you find yourself pondering the next steps in your real estate journey, remember that I am only a conversation away. My commitment to you, your family, and friends is unwavering, and I'm ready to assist with tailored, strategic advice whenever you need it.     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   Home Prices Aren’t Declining, But Headlines Might Make You Think They Are If you’ve seen the news lately about home sellers

  The days are longer! The sun is feeling a little brighter. Summer is finally HERE!  It's been a long wet Spring, but everything we love about San Diego is happening now. The Fair is opening soon. The outdoor activities are kicking into high gear. The real estate market is also warming up! This promises to be a normal summer real estate market -  some price climibing as demand grows during the peak moving season - but, nothing crazy like we in the last few years.     June - Ponder this -   “In early June the world of leaf and blade and flowers explodes, and every sunset is different.” – John Steinbeck   I am here for you, your family, and your friends. Whether you own a home or you are looking to buy or sell one, I'm here to help.   If you know anyone who might be interested in receiving this event calendar every month, please have them sign up at this  link.   Your Forever Agent,    Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors   Berkshire Hathaway HomeServices, Califo

  Are big investors really buying up all the  homes  today? If you’re trying to find a  house to buy , this may be something you’re wondering about. Maybe you’ve read about it or seen reels on social media saying investors buying all the homes is making it even harder to find what the average buyer is looking for. But spoiler alert – there’s a lot of misinformation out there. To clear things up, here's the scoop on what's really happening. A lot of the big investor activity is actually in the rearview mirror already. The  Wall Street Journal  (WSJ)  explains : “Investors of all sizes spent billions of dollars buying homes during the pandemic. At the 2022 peak, they bought more than one in every four single-family homes sold, though  more recently their activity has slowed as interest rates rose and supply became tighter .” The key here is investor activity has slowed significantly, and even during the peak of investor buying, 3 out of every 4 single-family homes purchased were

  Welcome to a curated selection of the latest real estate insights—handpicked just for you. As your dedicated agent for life, I believe in empowering you with the knowledge you need to navigate the world of homeownership with confidence. Sit back and absorb the compelling narratives that await in this issue.   Whenever you find yourself pondering the next steps in your real estate journey, remember that I am only a conversation away. My commitment to you, your family, and friends is unwavering, and I'm ready to assist with tailored, strategic advice whenever you need it.     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   The Number of Homes for Sale Is Increasing There’s no denying the last couple of years have been tough for anyone trying to  buy a home