That’s right! As of this week, the average rate for 30 year fixed-rate mortgages rose to 4.47% from 4.42% last week, significantly higher than the averaged 3.97% rate a year ago. This is most likely correlated to the higher yields on treasury notes. With the start of spring home buying season, su
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04/19/2018
In the last decade, brick and mortar stores has taken a hit with many of them closing and consumers turning towards online shopping. An example of this is the Toys “R” Us chain with more than 700 U.S. stores. closing. Real estate can make it easier for a company to borrow as investors can theoret
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04/18/2018
At 77, Stephen Ross still manages to get up everyday at 6:15am to exercise. His dedication to his health can also be seen in his business, The Related Companies which started in 1972 and has accumulated more than $50 billion in real estate assets. Things were not always so pleasant for Stephen th
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04/17/2018
According to a consulting report by John Burns Real Estate, Otay Ranch in San Diego County has broken sale records for master-plan community in the nation with 563 homes sold in 2017, up from 159 homes sold the previous year. Wallis Ranch outside of San Francisco is the only other community to se
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04/16/2018
In order to get the most out of a house tour, be sure to do these six things! 1) Move FastSince there is no commitment when touring, be sure to book the home tour as soon as possible if you are in the market for a new home. Redfin has reported a shorter national median days for homes on the mar
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04/13/2018
With mobile ordering apps such as DoorDash and UberEats, food options are plentiful when it comes to delivery services. In fact, delivery sales have grown 20 percent over the past five years causing more restaurants to offer this as an alternative to dining in.Given technology, consumers are tren
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04/12/2018
Remembering to set the alarm before leaving the house can now be a thing of the past with the latest in technology. According to David Gilbert of Smart Systems, it is estimated that 70-80 percent of his security installs include some element of smart phone control. This is extremely useful for re
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04/11/2018
According to statistics from the Greater San Diego Association of Realtors, home sales have increased in March after a slow first quarter. Single-family home sales rose 24 percent compared to previous months. Demands for living in San Diego is still high as seen in the steady increase in pricing.
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04/10/2018
If you are in Southern California, you may have noticed that it has been increasingly warm lately! In fact, some parts of parts of Los Angeles are reaching into the 90s while the average temperate for this time of the year is 72F. These temperatures are due to Santa Ana winds that are expected t
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04/09/2018
Based on a survey of 1,214 Americans who purchased a home in the past four years, a third of home buyers are spending an average of $16,510 past the upper limit of their budget (owners.com) A large reason for this can be linked to a supply shortage intertwined with a healthy economy. According to
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04/04/2018
