Housing Market | Solari Group Blog

Thursday, March 28, 2019   /   by Hayley Baker

Data Says April Is The Best Month To List Your Home For Sale

Data Says April Is The Best Month To List Your Home For Sale











The spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, piquing the interest of buyers and sellers previously on the fence about making a move.


New research from realtor.com shows that the first week of April is actually the best time to list your house for sale! The report used “trends in median listing prices, views per property on realtor.com, home price drops, median days on market, and number of listings on the market over the last three years,” to determine a ranking for every week of the year.


Listing your home in the first week of April contributes 14x more property views, 5% less competition from other home sellers, and results in the home being sold 6 days faster!


Below is a graph indicating the average score for each month of ...

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  real estate, homes for sale, realtor, selling, moving, market update, napa valley, for sale, selling tips, the solari group, housing market, home sales, spring

Wednesday, March 20, 2019   /   by Hayley Baker

What Credit Score Do You Need To Buy A House?

What Credit Score Do You Need To Buy A House?




There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed!
Only 25% of the Americans have a FICO® Score between 740 and 800. Here is the breakdown according to Experian:

16% Very Poor (300-579)
18% Fair (580-669)
21% Good (670-739)
25% Very Good (740-799)
20% Exceptional (800-850)

Randy Hopper, Senior Vice President of Mortgage Lending for Navy Federal Credit Union said,

“Just because you have a low credit score doesn’t mean you can’t purchase a home. There are a lot of options out there for consumers with low FICO® scores,”

There are many programs available with low or no credit score requirement. The Federal Housing Administration (FHA) now requires a mini ...

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  real estate, homebuyers, buying, first time home buyer, solari group, credit score, market update, solano county, napa valley, for sale, market trends, home buyer tips, housing market, real estate market

Monday, March 4, 2019   /   by Nicole Solari

Home Values Projected To Increase 6.3% In 2019

Home Values Projected To Increase 6.3% In 2019














Buying a home is an investment. And, like any investment, you want to make sure it’s going to deliver a healthy return.
According to recent projections, it looks like real estate is going to pay off in a major way in 2019.
According to recent data from Zillow, the US Median Home Value is projected to grow a healthy 6.3% in 2019. So, if you were to purchase a home for $250,000 at the beginning of 2019 (in other words, now), that same home is projected to be worth $265,750—an increase of $15,750.

The Takeaway
Real estate is projected to provide some healthy returns in 2019, so if you’ve been thinking about investing in a new home, now is a great time to make a move.

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  real estate, home ownership, homes for sale, buying, investing, investment properties, market update, furniture, housing market, dream home, real estate market

Tuesday, February 26, 2019   /   by Nicole Solari

WHAT ARE THE BENEFITS OF BECOMING A HOMEOWNER??

WHAT ARE THE BENEFITS OF BECOMING A HOMEOWNER?







 



Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time!


Why is this date important? Homeownership is not just a roof over your head! It represents shelter, stability, wealth, and pride! For decades, homeownership has been an important part of the American Dream!


However, many question if the next generations see the same benefits of homeownership as their predecessors.

In case we have forgotten, some of those benefits are:
Non-Financial Benefits

Educational Achievement: Homeownership has a positive impact on academic achievement, including reading and math performance in children 3-12 years old.
Civic Participation: “Owning a home means owning a part of the neighborhood.” Home ...

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  real estate, home ownership, homebuyers, real estate agent, homes for sale, buying, realtor, first time home buyer, upgrades, investment properties, home price, housing market

Monday, February 18, 2019   /   by Nicole Solari

4 Behind-The-Scenes Ways Your Real Estate Agent Supports Your Home Sale

4 Behind-The-Scenes Ways Your Real Estate Agent Supports Your Home Sale







When you hire a real estate agent to sell your home, there are obvious things you notice them doing to help your house sell. Things like: hosting open houses, bringing potential buyers on home tours, and marketing your property in multiple ways to make sure it gets enough exposure.


But when it comes to adding value to your home sale, that's just the tip of the iceberg. A huge percentage of your agent's job takes place behind-the-scenes, and they're working around the clock to get your house sold & even when you're not looking.


Here are 4 behind-the-scenes way your real estate agent is working to get your house sold:


1. Performing market research


When it comes to pricing your home, your agent doesn't just pull a random number out of a hat. Your agent's recommendation is a result of extensive market research to ensure your home is priced in a way that's attractive to both buyers ...

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  real estate, homebuyers, real estate agent, homes for sale, buying, realtor, selling, first time home buyer, moving, upgrades, real estate team, solari team, solari group, selling tips, market trends, housing market, sense of belonging, level up realty

The Solari Group
Nicole Solari
DRE# 02014153

Solano Location
4820 Business Center Drive, Ste 140
Fairfield, CA 94534
707-486-5400

Napa Location
1700 2nd Street Suite 222
Napa, CA 94559
707-819-9119

IDX Content is provided via the Internet for consumers’ personal, non-commercial use. Variable Price’ indicates the seller is willing to entertain offers within a Listing Price Range. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. IDX provided by Commissions Inc. Data last updated:April 21, 2019
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