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Carlsbad Real Estate

Mortgage Demand faces challenges

The mortgage industry is currently facing challenges as the demand for mortgages is dropping, despite recent declines in interest rates. According to recent data, the average contract interest rate for 30-year fixed-rate mortgages with conforming Continue Reading

Fluctuating Interest Rates Between 6.5% and 7% are the new normal

Mortgage rates have been experiencing significant fluctuations in recent times, hovering above and around the range of 6.5% to over 7%. This instability in interest rates has a direct impact on the monthly payments for homebuyers seeking a $400k Continue Reading

10 things to consider when purchasing a home.

10 Things to consider when purchasing a home

Buying a home is one of the most significant investments that most people make in their lives. It's an exciting experience, but it can also be overwhelming. There are many things to consider when you're preparing to buy a home, from your budget to Continue Reading

Good reasons to buy real estate in a flat market

Good reasons to buy real estate in a flat market

The real estate market can be volatile, with prices rising and falling unpredictably. When the market is flat, meaning there is little to no growth in property values, it can be tempting to hold off on investing in real estate. However, there are Continue Reading

Time for Spring Cleaning and Here are some Easy to do Tips to get Ready for Summer

Spring is the perfect time to clean your house and prepare it for the upcoming summer season. Spring cleaning can be a daunting task, but with a few tips and tricks, it can be made easy and enjoyable. Here are some tips for spring cleaning your house Continue Reading

Existing Home Sales Fall in March

Existing Home Sales fall in March

When mortgage rates are volatile, meaning they fluctuate significantly up or down, it can affect the affordability of homes for potential buyers. Higher mortgage rates can make monthly payments more expensive, which could discourage some buyers from Continue Reading

Home For Sale

6 Things to Prepare your Home Before You Sell

Preparing your home for sale can be a daunting task, but it's an essential step to ensure that you get the best price possible. Here are some of the best things you can do to prepare your home for sale: Declutter and depersonalize: Clear out any Continue Reading

New Home Construction Rises

In Apri New Homebuilders Sentiment Rises with Demand

According to the National Home Builders Association Index Number has grown in the month of April.  Anything in the NHBA index below 50 is considered  negative.  The index grew 1.4 which was inline with projections.  Here is the Continue Reading

Rising Interest Rates

The Tipping Point of Below 5.5% Interest Rates is What Buyers Prefer

The real estate market has seen a steady rise of interest rates from the low of 2.65% to its current rate of 7.13% for a 30yr fixed rate mortgage.  As interest rates have fluctuated over the last 2 years buyers have had a rollercoaster ride in Continue Reading

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