Knowledge Is Power on the Path to Homeownership
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the ...
Posted by Tracy Tang on December 31, 2020 in General
With Home Values Surging, Is it Still Affordable to Buy Right Now?
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research ...
Posted by Tracy Tang on December 30, 2020 in Market Update
The Do’s and Don’ts after Applying for a Mortgage
Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large ...
Posted by Tracy Tang on December 29, 2020 in Mortgage
The Difference a Year Makes for Homeownership
Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. ...
Posted by Tracy Tang on December 28, 2020 in Market Update
Did You Outgrow Your Home in 2020?
It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.
Many needs have changed in 2020, and ...
Posted by Tracy Tang on December 27, 2020 in Market Update
Turning a House into a Happy Home
We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership.
No matter the living space, the feeling of a home means different things to ...
Posted by Tracy Tang on December 26, 2020 in Buying a Home
The Holidays Aren’t Stopping Homebuyers This Year
Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season ...
Posted by Tracy Tang on December 25, 2020 in General
Winning as a Buyer in a Sellers’ Market
Buying a home in today’s sellers’ market doesn’t have to feel like an uphill battle.
Here are four ways to make sure you’re positioned for success when making a home purchase, even when the scale tips ...
Posted by Tracy Tang on December 24, 2020 in Buying a Home
5 Steps to Follow When Applying for Forbearance
If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage ...
Posted by Tracy Tang on December 23, 2020 in General
3 Reasons to Be Optimistic about Real Estate in 2021
This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a ...
Posted by Tracy Tang on December 22, 2020 in Market Update
Homeowner Equity Increases an Astonishing $1 Trillion
In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity ...
Posted by Tracy Tang on December 21, 2020 in Market Update
PERSONAL FINANCE People do crazy things with money. Avoiding these blind spots can help prevent future regrets
“There are things that I do with my money and there are things you do with your money that completely make sense to us that might look crazy to someone else,” ...
Posted by Tracy Tang on December 20, 2020 in General
What's Happening in the Bay! || HOLIDAY EDITION ||
in the Bay Area"
Take a look at this compiled list of fun TV, exercise, yummy recipes, and different ways you can help the community.
15 Must-Do ...
Posted by Tracy Tang on December 19, 2020 in General
How the mortgage industry is working together to make housing more affordable
October 21, 2020, 10:05 am By Content Solutions Team
Over the years, the inventory of affordable homes has been in sharp decline, while home prices have risen dramatically. With homes becoming increasingly unaffordable, the ...
Posted by Tracy Tang on December 19, 2020 in Mortgage
Single-family housing starts reach highest level since 2007
December 17, 2020, 11:43 am By Julia Falcon
Single-family housing starts continued their seven-month climb in November, coming in to the highest level since 2007, according to the Census Bureau.
Housing starts rose ...
Posted by Tracy Tang on December 18, 2020 in Market Statistics
Anthony Fauci Issues Christmas COVID-19 Warning: 'We Have A Big Problem'
Wed, December 16, 2020, 11:49 PM PST·2 min read
Dr. Anthony Fauci, the nation’s top infectious diseases expert, on Wednesday urged Americans to have a low-key Christmas to ...
Posted by Tracy Tang on December 15, 2020 in General