Misc

In July 2023, the US labor market showed solid gains, easing recession fears. However, a tight labor market may sustain high inflation and prevent interest rate adjustments. Treasury yields rose, pushing mortgage rates above 7%. Home purchase sentiment remained steady despite weak mortgage applications. In summary, the labor market in the US continues to perform […]

If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. Global uncertainty can have a significant impact on mortgage rates. When there is a high level of uncertainty in the global […]

Proposition 19 made changes to property tax assessment rules and inheritance provisions in the state.The main provisions of Prop 19 included:Here are some key points to consider before you vote. 1. Help move closer to family – Prop 19 provides housing relief to senior and desired homeowner so they can afford to move closer to […]

While it is true that interest rates can have a significant impact on the housing market, it is also important to keep in mind that it can be difficult to time interest rate fluctuations to perfectly align with lower home prices. Instead of focusing solely on interest rates, home buyers looking to purchase a home […]