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Napa Valley | Solari Group Blog

Monday, February 04, 2019   /   by Nicole Solari

WHOSE MORTGAGE DO YOU WANT TO PAY? YOURS OR YOUR LANDLORD’S??

WHOSE MORTGAGE DO YOU WANT TO PAY? YOURS OR YOUR LANDLORD’S?




There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.




As Entrepreneur Magazine, a premier source for small business explained in their article, “12 Practical Steps to Getting Rich”:



“While renting on a temporary basis isn’t terrible, you should most certainly own the roof over your head if you’re serious about your finances. It won’t make you rich overnight, but by renting, you’re paying someone else’s mortgage. In effect, you’re making someone else rich.”




“The spring homebuying season is almost upon us, and if rates stay lower, inventory continues to grow, and the job market ...

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  real estate, home ownership, homebuyers, real estate agent, homes for sale, buying, solari team, solari group, solano county, napa valley, dream home, home selling, renters

Friday, February 01, 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

Friday, November 30, 2018   /   by Nicole Solari

Home Prices Up 6.34% Across the Country!

Some Highlights:





The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.






In the report, home prices are compared both regionally and by state.






Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!

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  real estate, home ownership, buying, solari team, solari group, solano county, napa valley, housing market, market trends, level up realty

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 08, 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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