If you need assistance, please call 858-333-6588

Buyer, Seller and Investor Real Estate Blog

Tuesday, April 11, 2023   /   by John Rubino

The Big Advantage If You Sell This Spring

The Big Advantage If You Sell This Spring


Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares:
“. . . the big question is whether we are finally starting to see the seasonal spring increase in inventory. The answer is no, because active listings fell to a new low last week for 2023 . . .”
The National Association of Realtors (NAR) confirms today’s housing inventory is low by looking at the months’ supply of homes on the market. In a balanced market, about a six-month supply is needed. Anything lower is a sellers’ market. And today, the number is much lower:
“Total housing inventory registered at the end of February was 980,000 units, identical to January and up 15.3% from one year ago (850,000). Unsold inventory sits at a 2.6-month supply at the current sales pace, down 10.3% from January but. ...

  #sellers #buyers #realestate #realtor #realestateagent #home #sold #forsale #investors #homebuyers #realtorlife #firsttimehomebuyers #buyersagent #sellersagent #homesweethome #homes #listingagent #househunting #realestatelife #realtors #homesforsale #dreamhome #property #firsttimehomebuyer #sell #realty #seller #selling #buyingahome #investment

Thursday, April 6, 2023   /   by John Rubino

Trying To Buy a Home? Hang in There.

We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that give you good reason to stick with your search. Here are a few of them.
Long-Term Benefits Outweigh Short-Term Challenges
Owning a home grows your net worth – and since building that wealth takes time, it makes sense to start as soon as you can. If you wait to buy and keep renting, you’ll miss out on those monthly housing payments going toward your home equity. Freddie Mac puts it this way:
“Homeownership not only builds a sense of pride and accomplishment, but it’s also an important step toward achieving long-term financial stability.”
The key there is long-term because the financial benefits homeownership provides, like home ...

  #sellers #buyers #realestate #realtor #realestateagent #home #sold #forsale #investors #homebuyers #realtorlife #firsttimehomebuyers #buyersagent #sellersagent #homesweethome #homes #listingagent #househunting #realestatelife #realtors #homesforsale #dreamhome #property #firsttimehomebuyer #sell #realty #seller #selling #buyingahome #investment

Wednesday, April 5, 2023   /   by John Rubino

Why Aren’t Home Prices Crashing?

There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing.
Even though we’re no longer seeing the buyer frenzy that drove home values up during the pandemic, prices have been relatively flat at the national level. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), doesn’t expect that to change:
“[H]ome prices will be steady in most parts of the country with a minor change in the national median home price.”
You might think sellers would have to lower prices to attract buyers in today’s market, and that’s part of why some may have been waiting for prices to come crashing down. But there’s another factor at play – low ...

  #sellers #buyers #realestate #realtor #realestateagent #home #sold #forsale #investors #homebuyers #realtorlife #firsttimehomebuyers #buyersagent #sellersagent #homesweethome #homes #listingagent #househunting #realestatelife #realtors #homesforsale #dreamhome #property #firsttimehomebuyer #sell #realty #seller #selling #buyingahome #investment

Tuesday, April 4, 2023   /   by John Rubino

Two Reasons You Should Sell Your House

Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below):


Let’s break those reasons down and explore how they might resonate with you.

1. I Want To Take Advantage of the Current Market and Make a Profit

When you decide to sell your house, how much you’ll make from the sale will likely be top of mind. So, here’s some good news: according to the latest data, the average seller can expect a strong return on their investment when they make a move. ATTOM explains: 

“The $112,000 profit on median-priced home sales in 2022 represented a 51.4% return on investment compared to the original purchase price, up from 44.6% last year and from 32.8% in 2020.”

Even though home prices ha. ...

  #sellers #buyers #realestate #realtor #realestateagent #home #sold #forsale #investors #homebuyers #realtorlife #firsttimehomebuyers #buyersagent #sellersagent #homesweethome #homes #listingagent #househunting #realestatelife #realtors #homesforsale #dreamhome #property #firsttimehomebuyer #sell #realty #seller #selling #buyingahome #investment

Tuesday, April 4, 2023   /   by John Rubino

Have You Thought About Why You Might Want To Sell Your House?

Have You Thought About Why You Might Want To Sell Your House? 


Some Highlights
If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you.
If you find your home no longer meets your needs, it may be time to sell.
You have a lot to consider when deciding if you should move. Let’s connect today to go over the benefits of selling your house. ...

  #sellers #buyers #realestate #realtor #realestateagent #home #sold #forsale #investors #homebuyers #realtorlife #firsttimehomebuyers #buyersagent #sellersagent #homesweethome #homes #listingagent #househunting #realestatelife #realtors #homesforsale #dreamhome #property #firsttimehomebuyer #sell #realty #seller #selling #buyingahome #investment

Real Estate Rubino | Keller Williams Realty La Jolla
John Rubino
7817 Ivanhoe Ave # 101
La Jolla, CA 92037
858-333-6588
CA DRE# 02112979

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived are protected by copyright. Compilation © 2023 San Diego MLS.
This site powered by CINC: www.cincpro.com