Invest | Solari Group Blog

Thursday, March 07, 2019   /   by Nicole Solari

WHY AN ECONOMIC SLOWDOWN WILL NOT CRUSH REAL ESTATE THIS TIME?

WHY AN ECONOMIC SLOWDOWN WILL NOT CRUSH REAL ESTATE THIS TIME







 



Last week, the National Association for Business Economics released its February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future:



“While only 10% of panelists expect a recession in 2019, 42% say a recession will happen in 2020, and 25% expect one in 2021.”



Their findings coincide with three previous surveys calling for a slowdown sometime in the next two years:


The Pulsenomics Survey of Market Analysts
The Wall Street Journal Survey of Economists
The Duke University Survey of American CFOs


That raises the question: Will the real estate market be impacted like it was during the last recession?


A recession does not equal a housing crisis. According to the dictionary definition, a recession is:



“A period of temporary economic decline during which tra ...

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  real estate, home ownership, homes for sale, real estate agent, selling, investment properties, solari team, solari group, market trends, selling tips, the solari group

Wednesday, March 06, 2019   /   by Nicole Solari

2 Reports That Say Now Is a Great Time to Sell?

2 Reports That Say Now Is a Great Time to Sell







Heading into the spring buying market, there are strong trends starting to emerge.
The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials and Generation X leading the way!
Let’s dive a little deeper into some of the recent reports that have been released and what they mean for the spring buying season!
1. National Association of Realtor’s Existing Home Sales Report
Sales of existing homes were down for the third consecutive month in January. Some of this can be explained by the natural seasonality that the real estate market experiences every year, and some can be explained even further by a lack of homes available for sale on the market.
Inventory
For the last eight months, the inventory of homes for sale ha ...

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  homes for sale, selling, upgrades, investing, investment properties, solari team, solari group, property taxes, market update, for sale, market trends, selling tips, home seller, level up realty

Monday, March 04, 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

Friday, February 22, 2019   /   by Nicole Solari

4 Reasons Why We’re Not Headed For Another Housing Crash

4 Reasons Why We’re Not Headed For Another Housing Crash














With home prices rising in many areas of the country, many people are worried that we’re headed for a housing crash like the one we suffered in 2008.


But here’s the thing: it’s just not true. While it’s understandable that people would look at the current market, consider it a “housing bubble,” and assume it’s going to pop, the truth of the matter is the market today couldn’t be any more different than they were before the crash of 2008.


Let’s take a look at four reasons why we’re not headed for another housing crash:

1. Banks have tightened their lending practices

The biggest contributor to the crash of 2008 was risky lending practices. Financial institutions had extremely loose standards in terms of who they’d lend to; they were giving out mortgages to people with low incomes, bad credit, and who were unlik ...

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  real estate, home ownership, homebuyers, homes for sale, buying, upgrades, loan, investment properties, solari team, credit score, freedom, property taxes, safety, market update, taxes, market trends, selling tips, interest rates, home sales

The Solari Group
Nicole Solari
DRE# 02014153

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

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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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