If you need assistance, please call 707-486-5400

Buying Myths | Solari Group Real Estate News Blog

Friday, January 22, 2021   /   by Nicole Solari

Financial Fundamentals for Homebuyers [INFOGRAPHIC]

Some Highlights

When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses.
From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on track from the beginning.
Reach out to a local real estate professional and a trusted lender today to make sure you have the best possible guidance as you begin your homebuying process.

Read More


  real estate, the solari group, level up realty, buying myths, down payments, first time home buyers, for buyers, infographics

Wednesday, January 20, 2021   /   by Nicole Solari

Owning a Home Is Still More Affordable Than Renting One

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, it’s still more affordable to buy a home than rent one. Here’s why.


ATTOM Data Solutions recently released the 2021 Rental Affordability Report, which states:




“Owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in 572, or 63 percent of the 915 U.S. counties analyzed for the report.


That has happened even though median home prices have increased more than average rents over the past year in 83 percent of those counties and have risen more than wages in almost two-thirds of the nation.”



How is this possible?


The answer: historically low mortga ...

Read More


  real estate, the solari group, level up realty, for buyers, interest rates, pricing, first time home buyers, buying myths, rent vs buy

Tuesday, January 19, 2021   /   by Nicole Solari

Should I Wait for Lower Mortgage Interest Rates?

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the reality is, acting sooner rather than later may be the actual win if you’re ready to buy a home.
According to Greg McBride, Chief Financial Analyst for Bankrate:

“As vaccines become more widely available and a return to normal starts to come into view, we’ll see mortgage rates bounce off the record lows.”

While only a slight increase in mortgage rates is projected for 2021, some experts believe they will start to rise. Over the past week, for example, the average mortgage rate ticked up slightly, reaching 2.79%. This is still incredibly low compared to the trends we’ve seen over time ...

Read More


  real estate, the solari group, level up realty, buying myths, first time home buyers, for buyers, interest rates, move up buyers, pricing

Friday, January 15, 2021   /   by Nicole Solari

Things to Avoid after Applying for a Mortgage [INFOGRAPHIC]

Some Highlights

There are a few key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table.
Along the way, be sure to discuss any changes in income, assets, or credit with your lender, so you don’t unintentionally jeopardize your application.
The best plan is to fully disclose your intentions with your lender before you do anything financial in nature.

Read More


  real estate, the solari group, level up realty, buying myths, first time home buyers, for buyers, infographics, move up buyers

Friday, January 8, 2021   /   by Nicole Solari

Reasons to Hire a Real Estate Professional [INFOGRAPHIC]

Some Highlights

Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process.
The right agent can explain current market conditions and break down exactly what they mean for you.
If you’re considering buying or selling a home this year, make sure to work with someone who has the experience to answer all of your questions about pricing, contracts, negotiations, and more.

Read More


  real estate, the solari group, level up realty, buying myths, first time home buyers, for buyers, for sellers, fsbos, infographics, move up buyers, selling myths