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Market Update | Solari Group Blog

Monday, February 11, 2019   /   by Nicole Solari

Thinking of Selling Your House? This is a Perfect Time!

Thinking of Selling Your House? This is a Perfect Time!







It is common knowledge that a great number of homes sell during the spring buying season. For that reason, many homeowners hold off putting their homes on the market until then. The question is whether or not that is a good strategy this year.
The other listings that come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market during this season in comparison to the rest of the year? The National Association of Realtors (NAR) recently revealed the months during which most people listed their homes for sale in 2018. This graphic shows the results:

The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,520,000.
That number spiked to 1,8 ...

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  real estate, home ownership, homebuyers, buying, selling, investing, solari group, market update, level up realty, first time home buyers

Friday, February 1, 2019   /   by Nicole Solari

5 REASONS HOMEOWNERS THROW THE BEST SUPER BOWL PARTIES!

5 REASONS HOMEOWNERS THROW THE BEST SUPER BOWL PARTIES! 




Highlights:

Watching the big game at home with your friends & family offers many advantages.
There’s more room to entertain a large crowd, and you don’t have to worry about complaints to your landlord if you cheer too loudly!
The kitchen is big enough to make as many appetizers as you want, and if some of your guests are only there to watch the commercials, they can do so on a different TV in another room!


Article Link : http://www.keepingcurrentmatters.com/2019/02/01/5-reasons-homeowners-throw-the-best-super-bowl-parties-infographic/?utm_campaign=Blog_Promo&utm_medium=email&utm_source=email-automated&utm_content=DailyBlogSubscription&utm_term=BlogPost

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  real estate, homes for sale, buying, realtor, first time home buyer, upgrades, investing, decor, investment properties, real estate team, solari team, re/max gold, diy, freedom, solari group, solano county, market update, napa valley, furniture, for sale, the solari group, housing market, market trends, sense of belonging, real estate market, self-esteem, dream home, level up, level up realty

Thursday, January 31, 2019   /   by Hayley Baker

Why It Makes No Sense To Wait For Spring To Sell

Why It Makes No Sense To Wait For Spring To Sell




The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:

Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.
Bottom Line
Buyers in the market during the winter are truly motivated purchasers and they want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.

Click Here for Full Article

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  real estate, real estate agent, homes for sale, selling, first time home buyer, moving, market update, for sale, selling tips

Thursday, November 29, 2018   /   by Nicole Solari

Further Proof it's Not 2008 All Over Again

Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market.


However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced in 2008. Today, let’s look at one set of statistics that prove the current market is nothing like the one that preceded the housing crash last decade.


The previous bubble was partially caused by unhealthy levels of mortgage debt. New purchasers were putting down the minimum down payment, resulting in them having little if any equity in their homes.


Existing homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their home) so they walked awa ...

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  real estate, home ownership, homebuyers, homes for sale, solari team, solano county, market update, mortgage rates, napa valley, selling tips

Thursday, November 8, 2018   /   by Nicole Solari

75% of Renters Have Been Misinformed

Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a major part of the American Dream – owning a home.


In 2008, the housing market crashed and home values fell by as much as 60% in certain markets. This was the major trigger to the Great Recession we experienced from 2008 to 2010. To come back from that recession, mortgage interest rates were pushed down to levels that were never seen before.


For the last ten years, you could purchase a home at a dramatically discounted price and attain a mortgage at a historically low mortgage rate.


Affordability skyrocketed.


Now that home values have returned to where they should be, and mortgage rates are beginning to increase, it is less affordable to own a home than it was over the last ten ye ...

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  real estate, home ownership, real estate agent, realtor, solari group, market update, mortgage rates, napa valley, solano county, home buyer tips, rent, renters

The Solari Group
Nicole Solari
4820 Business Center Drive, Ste 140
Fairfield, CA 94534
707-486-9057
DRE# 02045526
Solano Location
4820 Business Center Drive, Ste 140
Fairfield, CA 94534
707-759-7679

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:February 16, 2019
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