Discover the ins and outs of the CA Dream Home Act in this informative article. While it promises up to $150,000 for certain first-time buyers, experts raise concerns about its limitations and repayment terms. Is it a helpful program or a scheme? Dive into the pros and cons to make an informed decision. Explore alternative options without sacrificing 20% of your equity. Click below to learn more and decide if this program suits your needs. 🏡💰🤔...

Discover the factors driving a potential decline in the US housing market in this concise video. Despite a housing shortage, demographic shifts are identified as the primary reason for this forecasted change. As prices plateau and properties take longer to sell, gain insights into the market's current status and prospects for the upcoming selling season. Stay informed about evolving trends in the housing market. 📉🏡💡...

Discover how California offers incentives to help you purchase your dream home. Explore the map in our article to learn about state programs providing financial assistance. For instance, Bank of America granted one of our clients $17,500 in free money towards buying a condo in Santa Ana. This funding can be used to lower your interest rate, increase your down payment, and reduce overall payments....

Explore everything you need to know about Accessory Dwelling Units (ADUs) in our quick and informative video. California's ADU laws offer flexibility, allowing multiple ADU structures on your property regardless of zoning regulations. Benefit from potential cash flow and enhanced generational living opportunities. Thinking about adding an ADU? Contact us for a comprehensive program with various options and cost details. Let's make your ADU dreams a reality! 🏡💡🛠️...

Anticipate no immediate mortgage rate drops as experts project a wait until 2025 for significant changes. Despite high inflation, there's a consensus that the Federal Reserve won't raise rates next week. Remember, Fed decisions impact variable consumer debts. If considering a home purchase or right-sizing, connect with us for pre-qualification and explore tailored loan programs. Let's craft a game plan that aligns with your goals and family needs....

The real estate landscape is shifting, with more first-time buyers entering the market compared to cash buyers in recent years. This change presents opportunities for both buyers and sellers. First-time buyers can seize the moment to qualify for favorable home loans, while sellers may consider listing now as home prices could adjust downward. Connect with us to navigate these evolving market dynamics and make informed decisions....

Discover the secrets to a risk-free homeownership strategy in California's vibrant real estate market. Our latest article breaks down the analysis, revealing how owning a home today can be virtually risk-free, appreciating over 12 years. Enjoy tax benefits, the potential for a mortgage-free retirement through a reverse mortgage, and the pride of homeownership....

In a surprising turn of events, mortgage rates have defied expert predictions and escalated once again. Initially expected to decrease, rates soared from under 6 percent in mid-February to now exceeding 7 percent. This unexpected shift raises questions about the housing market's trajectory....

We explore the silver lining behind the recent surge in mortgage rates, urging potential buyers to seize the opportunity to become homeowners. Drawing from historical trends and personal insights, the post highlights why now, amidst others' hesitation, is the perfect moment to invest in real estate, emphasizing the long-term value of such investments and the availability of special financing options to secure lower interest rates....

Discover the crucial considerations around capital gain taxes when selling your home in our latest blog post. With soaring home prices and substantial equity, understanding your tax obligations is essential before making decisions about downsizing or cashing out. Learn about tax-deferred exchanges like the 1031 exchange for rental properties and navigate the complexities of capital gain taxes with expert insights. Consult with your CPA or tax preparer and reach out to us to explore your options....

Unlock significant savings on your property tax bill with the California Homeowner’s Tax Exemption. Discover how completing a simple “homeowner’s exemption” form can reduce your property value by $7,000 for tax assessment, potentially saving you thousands of dollars over the years. This exemption is exclusively for owner-occupants and carries benefits for future generations as well. Don’t miss out on these savings – if you need assistance or have questions, reach out today. ...

In today's real estate landscape, where transactions involve significant sums of money and personal information, it's crucial to be vigilant against potential scams and fraudulent activities. Whether you're buying, selling, or renting property, there are nefarious individuals who may seek to exploit unsuspecting victims for their own gain. In this comprehensive guide, we'll explore common real estate scams and provide actionable tips on how to protect yourself from falling victim...

Explore the intriguing evolution of the housing market over the past decade in this blog. Delve into comparisons of affordability, investment in homes versus the stock market, and eye-opening insights on mortgage delinquency rates and pending foreclosures. Discover how the landscape is shifting and gain valuable perspectives for navigating the real estate terrain....

Stay ahead in the ever-changing real estate landscape. While the market's future remains uncertain, my personalized approach ensures you're informed and ready. From selling to refinancing or exploring reverse mortgages for retirement, I guide you through thoughtful discussions, tailoring strategies to your unique situation. Let's talk and navigate your next real estate move with confidence....

For 2024, we had 4 experts weigh in on what they predicted the housing market would be like for 2024.  I have attached a link with articles, videos, and charts that go into depth of what I am going to share with you....

Highlighting a recent development where rates dipped below 7 percent, the post urges readers to seize the moment. Whether considering right-sizing their home or delving into the realm of first-time homebuying or investment opportunities, the author encourages readers to take proactive steps....

This is my third article regarding the mortgage rates and how they are dropping on a day-to-day basis. This is great news on the horizon because many people needing and wanting to right-size their homes who have been on the sidelines waiting will most likely start to revisit these plans again....

If you have not heard the news, interest rates have dropped DRASTICALLY. There hasn’t been a drop this quickly in decades. Last Monday rates were hovering over 8 percent, today rates took a nose dive in the low 7’s...

Here’s a great article that talks about why we are not experiencing the downfall of home prices or maybe just even a slowdown....

If you are a buyer trying to find a home to buy, I don’t need to tell you that CA (especially Southern CA) is one of the most expensive housing markets that exist today....

I came across this article which compares today’s market to 2006 – 2008.  Remember the “Great Recession” where housing collapsed with an average loss of equity was 30% and some areas even more...

While most of my emails have talked about home prices and which areas are going up the quickest, today’s article is about which areas are dropping the quickest....

I came across this great article that shares how both buyers and sellers should prepare themselves for a housing bubble....

Recently I have received many calls from clients saying “My payments have gone up”.  After reviewing the paperwork, I realized that the mortgage payments are going up because the homeowner’s insurance has doubled and even tripled.  This will increase your payment significantly. ...

Here’s a great article that talks about the real estate market starting to cool off.  The reason for the cool-off is because of the cycle of the year we are entering and because interest rates have hit an all-time high of 7.2 % on average....

I am always ready and always agree that the best time to buy a house is NOW because in 5, 10, 15, 20 years that home has doubled, tripled, and quadrupled in value....

With clients calling me on a weekly basis to discuss a possible out-of-state move, the question of property taxes always comes into the conversation....

It appears the average income to buy a home today is $117,000 annually. This is up $20,000 from a year ago and the two obvious culprits are the increase in interest rates PLUS the increase in home prices....

Two out of the five cities Boomers are leaving in high numbers are in CA. One of the obvious reasons boomers are leaving these cities is due to the high cost of living. ...

The State of CA just approved $50 Million dollars to assist homeowners with $40,000 grants so that they can build an “Auxiliary Dwelling Unit aka ADU” in their backyards....

Here’s a great chart that shows how home prices have fared in your area.   It appears that everywhere it has gone down (except for CA Central Coast) and luckily not by too much....

Here’s a list of the 10 most affordable beach towns a buyer can buy a home...

Daily I receive questions from clients asking which is better . . .  buying a new home or an existing home and, in my personal opinion, there are pros/cons to both.  ...

While we all have heard that the real estate market will be adjusting, we haven’t really experienced any home price declines in Southern California. In fact, here in Orange County, we have seen home values GO UP this past year in most areas. ...

Our WILLS/TRUSTS event of April 29th was a huge SUCCESS. All the seats were filled!!! Many thanks to everyone who attended and participated....

You will see from the attached article and chart that homeowners today HAVE A LOT OF EQUITY....

This is a fantastic article that compares homeownership to other investments.   Warning on the following information regarding Bitcoin. Since Bitcoin is a relatively new type of investment there is very little historical data on long-term success which is why it has the highest 5-year return....

I have always said that homeownership and owning real estate is the easiest and fastest way for anyone to create wealth.  In fact, today many of my first-time homebuyers from the 1990s are MILLIONAIRES because they own their home plus 1 or more rental units....

Whether your leaving CA for other pastures or looking to invest in another state, here’s a list of the top places where to park your money....

While as I always say, no one knows exactly what will or won’t happen, I think it’s safe to say that the real estate market and housing will be different by the end of the year....

Every week I get calls from clients wanting to sell their home and move and their number one hesitation is . . . will my new mortgage be higher than my current mortgage?...

While the market nationwide has softened a bit, it looks like new home sales have risen for the last 5 consecutive months.   We can attribute this to the temporary drop in interest rates, as well as, the buyers waiting on the sidelines getting back in the game now that the home buying field is a bit more even and not so crazy....

In almost all my correspondence to you, I say “If you’re thinking of buying a home, call me, and let’s get you preapproved for a home loan.”...

I am attaching a great article from Goldman Sachs regarding the current state of affairs for housing PLUS what areas they predict will see the GREATEST DROP IN HOME PRICES....

With the 3 banks that just collapsed, many of you are calling me to ask me if this is the beginning of another 2008 . . . the answer is NO!...

Last week you saw the video of my clients who right-sized their home and used a reverse purchase to help them buy the house they wanted with no mortgage payment.  Today they are living happily ever after in the right home for their family. Congratulations to the Covarrubias family!!!!...

Here’s another article that talks about how many seniors today just do not have enough money every month to make ends meet. . . but they have a home that is free and clear or almost paid off. ...

With the interest rates much higher today than a year ago, the question is it worth it to buy versus rent . . . YES YES YES!!!  My answer to that question will always be YES!!!...

Thank you to all that reached out to see what options are available for you and your family now that you are retired and on a fixed income. By the number of calls that came in, I can see there was a real need in my client base for this type of information as they are now starting to think about this stage of their lives....

Chino, Victorville, and Menifee are considered BOOM TOWNS because of their growth in the past 5 years. Buyers flocked to these cities because of the city amenities, as well as, many new homes to choose from, and most importantly . . . affordability...

Did you know that about 1/3 of all US home purchases were paid in CASH? Now that’s exciting because it shows that home buyers and investors still see the real estate market as a great place to invest their money.  Riverside County had the most cash buyers, while Northern CA Bay Area was one of the lowest areas where buyers paid cash...

First Happy New Year To EVERYONE!!!  I wish you all great blessings in 2023 and always....

Here’s a great article from the CA Association of Realtors regarding whether or not now is the right time to buy a home. Because rates are rising and prices dropping, the experts are saying (what I have been saying) that home prices will not drop enough to make up for the higher rates...

Today’s real estate market is very unique because we are still short on inventory and at the same time we have approximately 70% fewer buyers looking for a home, which means less competition to buy....

We are currently in the midst of a market that is unlike any market we’ve ever had in my 32+ years in the business. Although home prices have come down approximately 6% so far this year, the decrease in prices has NOT made up for the increase in interest rates...

Last week was a great week because mortgage rates came down almost by half a percent. Previously we were at a 7%+ rate and today the average rate is considerably less...

I have always said that having INFORMATION is the key to being successful. The more informed you are about what is happening in today’s real estate market, the greater opportunities you’ll have to execute that information...

To understand how weird the housing market is currently, we first have to understand what drives the housing market. There are four key components: Supply, demand, affordability, and credit availability....

Although there are many ways to look at this, here is an article with a chart and video that talks about how much you have to earn annually to purchase a home in today's real estate market.  ...

Although most of the US has seen a minimal downfall in value, there are some cities that are experiencing a greater drop in value than average. If you look at the list of cities with values coming down drastically, you’ll notice that those are the same cities that also had an upswing in value greater than average and it is almost expected for those areas to have the greatest value adjustment downward...

At last, we can say it is officially a “buyer’s market”. What does this mean? . . . buyers have the upper hand in real estate purchases....

I wanted to send you this article regarding all the potential tax increases on the ballot up for Vote this November in California. Be sure you are aware of them, understand them, and most importantly VOTE in November....

Home values decreased for the first time in a decade, according to Zillow, and that’s just one of several signs it’s finally getting easier to buy a house....

I am so happy that finally an article is written about this topic because it is so important ESPECIALLY for those home buyers on the sidelines waiting for house prices to drop...

I just had to share this article because it states over and over . . . What goes up must come down and vice versa...

This is a great article because it is more realistic as to what is actually happening with sales and prices versus the doom and gloom that we constantly hear which is based on speculation....

I think you and I can agree most of the housing market news nowadays hasn’t been that great and again most of the news articles and information out there is usually based on expert speculation versus actual real numbers....

As we keep listening to the experts tell else that the housing market will be coming down, there are 5 real estate markets that are actually looking that they’ll rise in value and not come down....

It has been over 10+ years since we did any type of adjustable-rate loans for ourselves and/or clients. Now that the federal reserve raised the prime rate yet again by .75%, it may be time to explore other types of financing such as adjustable rates. ...

I am actually excited about sharing this article with you because this tells me that we are entering into a NORMAL REAL ESTATE MARKET that allows everyone to participate, not just cash buyers and investors....

As we all get a bit older and start to reach retirement age, moving out of our bigger homes may make sense, as well as, moving out of the area and even out of state...

I must say that for the past couple of years, the “save the commission and sell to me” were out in huge numbers and those groups made out like FAT RATS!!! They were on the radio, they were on television and mailing you constantly information on if you want to sell, DON’T PAY THE COMMISSION AND SAVE MONEY I know first-hand, that cheap things ALWAYS turn out expensive...

In the past 2 years, many buyers were unable to buy a house because they just could not compete with the cash buyers and exuberant overbidding that was going on. With many of the buyers I assisted during these crazy times, we were able to get into wonderful condos and townhomes....

It has been over 10+ years since we did any type of adjustable-rate loan for ourselves and/or clients. Now that the federal reserve raised its rate yet once again by .75%, it may be time to explore adjustable rates....

If the housing market is correcting, WHY ARE HOME PRICES STILL GOING UP?...

From a personal point of view, it does seem that recently I have had to sell a property a couple of times due to buyer cancellations. The fortunate part is there are always 1-2 backup buyers ready to purchase should the first buyer cancel...

The good news is ALL experts are saying housing will be affected BUT NOTHING like the 2008 housing crisis. ...

From a personal point of view, it does seem that recently I have had to sell a property a couple of times due to buyer cancellations. Fortunately, part is there are always 1-2 backup buyers ready to purchase should the first buyer back out or not cancel...

These past few years have been extraordinary, to say the least. I have personally helped on average each year 6+ families sell their homes and move out of state. The great thing for me is that it has all worked out for my clients. I keep in touch with them and everyone is enjoying their new lives and happy they made the move. ...

While this article is talking about the real estate market of new builder housing, in my 30+ years of being in the real estate business, when there is a correction it always starts with new builder housing.  ...

This article will be filled with quotes because the different experts are saying what I have been saying for the past year regarding a real estate crash....

Today I am happy to say I have dozens of clients that are true millionaires because they became investors in real estate.  Many today live off their rents, have retired early, and have accomplished and experienced many things that they otherwise would have never been able to do had they not taken a leap of faith and invested in real estate....

While I will keep saying no one truly knows what will happen to today’s real estate market, I think we can all agree that it will NOT continue on its current trajectory. ...

Here's a very short and great article from Yahoo News.  The article is great because it states that April 2022 houses went up in value (although minimally) from April 2021.  This could be partly because rates in April were still under 5 percent....

With more people working remotely now and, in the future, buyers’ housing demand is slowly evolving. More than two in five REALTORS® (43.6%) noticed a change in buyers’ preference of the property that they want to purchase since the Coronavirus outbreak, according to C.A.R.’s 2020 Annual Housing Market Survey. ...