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Tuesday, February 12, 2019   /   by Nicole Solari

How To List Your Home for the Best Price

How To List Your Home for the Best Price





If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018.
The map below shows the results of the latest index by state.

Real estate is local. Each state appreciates at different levels. The majority of the country saw at least a 2.0% gain in home values, while some residents in North Dakota and Louisiana may have felt prices slow slightly.
This effect will be short lived. In the same report, CoreLogic forecasts that every state in the Union will experience at least 2.0% appreciation, with the majority of the country gaining at least 4.0%! The prediction for the country comes in at 4.6%. For a median-priced home, that translates to over $14,000 in additional equity next year! (The map below shows the forecast b ...

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  real estate, homebuyers, real estate agent, homes for sale, buying, selling, moving, upgrades, investing, real estate team, home price, solari team, selling tips, home seller, interest rates, level up

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

Wednesday, October 24, 2018   /   by Nicole Solari

Still Think You Need 15-20% Down To Buy A Home? Think Again!

According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well!
Now that the largest generation since baby boomers has aged into prime homebuying age, there will no doubt be an uptick in the national homeownership rate. The study from Urban Institute revealed that nearly a quarter of this generation has the credit and income needed to purchase a home.
Surprisingly, the largest share of mortgage-ready millennials lives in expensive coastal cities. These cities often attract highly skilled workers who demand higher salaries for their expertise.
So, what’s holding these mortgage-ready millennials back from buying?
Myths About Down Payment Requirements! 
Most of the millennials surveyed for the study believe that they need at least a 15% down payment in order to buy a home when, in reality, the median down payment in the US i ...

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  real estate, home ownership, homebuyers, real estate agent, homes for sale, buying, realtor, selling, finances, first time home buyer, moving, upgrades

Thursday, June 14, 2018   /   by Nicole Solari

Are Lending Standards Too Loose or Too Tight?

 
With home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards for mortgage credit.


In a study done at the University of North Carolina immediately after the crisis, it was revealed that:




“Lenders began originating large numbers of high risk mortgages from around 2004 to 2007, and loans from those vintage years exhibited higher default rates than loans made either before or after.”



A study by John V Duca, John Muellbauer, and Anthony Murphy concluded that those risky mortgages caused the housing crisis:




“Our findings indicate that swings in credit standards played a major, if not the major, role in driving the recent boom and bust in US house prices.”



How do today’s mortgage standards compare to those from 2004 to 2007 ...

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  real estate, home ownership, homebuyers, real estate agent, homes for sale, buying, realtor, selling, finances, first time home buyer, moving, upgrades

Tuesday, May 29, 2018   /   by Nicole Solari

Why Have Interest Rates Jumped to a 7 Year High?

Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors.
Sam Khater, Freddie Mac’s Chief Economist, had this to say:

“Healthy consumer spending and higher commodity prices spooked bond markets and led to higher mortgage rates over the past week.
Not only are buyers facing higher borrowing costs, gas prices are currently at four-year highs just as we enter the important peak home sales season.”

But what do gas prices have to do with interest rates?
Investopedia explains the relationship like this:

“The price of oil and inflation are often seen as being connected in a cause-and-effect relationship. As oil prices move up or down, inflation follows in the same direction.”

You may have noticed that f ...

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  real estate, home ownership, real estate agent, homes for sale, buying, realtor, selling, finances, first time home buyer, moving, upgrades, open house

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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