Michael Valdez Realtor

02/03/2022

Why Pre-Approval Is Key This Year

Pre-approval gives you a competitive edge when you make an offer on a house. Let's connect so you're in the best position when you find your dream home.


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02/03/2022

Millions of Americans Have Discovered the Benefits of Multigenerational Households

If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or simply because you’ve reached a new phase of life, you might be wondering if living with multiple generations under the same roof is a good move for you. Many people have found themselves in a similar situation and they’ve already made the choice to live in a multigenerational home.

The Pew Research Center defines a multigenerational household as a home with two or more adult generations. They include households with grandparents and grandchildren under the age of 25. As you weigh your options and decide if multigenerational living is right for you, here's some helpful...


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If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or simply because you’ve reached a new phase of life, you might be ...

02/02/2022

The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

Mortgage rates have increased significantly since the beginning of the year. According to Freddie Mac, the average 30-year fixed rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates changes what a purchaser can afford.

While it’s always difficult to know exactly where mortgage rates will go, a great indicator of where they may head is by looking at the 50-year history of the 10-year treasury yield, and then following its path. There’s a correlation in how it moves and how mortgage rates follow.

With this information in mind, a 10-year treasury yield forecast would be a good indicator on where mortgage rates may be headed. The Wall Street Journal just surveyed a panel of over 75 academic, business, and financial...


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Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is...

02/01/2022

Why a Move Could Bring You More Happiness This Year

Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a safe space. If you’ve found your current home isn’t filling all your needs, you may be wondering if it’s time to find a new one.

There’s reason to believe a change of scenery could boost your happiness. Catherine Hartley, an Assistant Professor at New York University’s Department of Psychology and co-author of a study on how new experiences impact happiness, says, “Our results suggest that people feel happier when they have more variety in their daily routines—when they go to novel places and have a wider array of experiences.” A move could be exactly...


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Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a safe space. If you’ve found ...

01/31/2022

Owning Is More Affordable than Renting in the Majority of the Country

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country.

While it’s true home prices and mortgage rates are rising, so are monthly rents. As a prospective buyer, rising rates and prices shouldn’t be enough to keep you on the sideline, though. When you rent, that rising cost benefits your landlord’s investment strategy, but it doesn’t deliver any sort of return for you.

In contrast, when you buy a home, your monthly mortgage payment serves as a form of forced savings. Over time, as you pay down your loan and as home values rise, you’re building equity. Not to mention...


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If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority ...

01/30/2022

If you’re concerned with how long it’ll take to sell your house, there’s good news. According to the National Association of Realtors, over three-quarters of houses were on the market for less than a month. That’s great for sellers dreaming of a quick sales process. DM me if you’re ready to make a move today.


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01/30/2022

Are you debating whether to rent or buy a home this year? You should know that rents are rising faster than at any point over the past 16 years. If you’re looking to escape the cycle of rising rents, DM me so we can discuss how homeownership could be the alternative you’re looking for.


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01/29/2022

The mortgage pre-approval process is a critical step to take as a buyer. Your pre-approval letter shows sellers you’re a serious buyer and provides clarity about your true price range. DM me any questions you have about the process so you can get started on your homeownership journey.


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01/29/2022

Buyers have to be ready to compete in today’s sellers’ market. One of the best strategies is to partner with an agent so you can plan ahead and be ready to act when you’ve found a home that checks all your boxes. DM me so you have a trusted real estate advisor on your side.


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01/28/2022

Why Your Home Inspection Matters [INFOGRAPHIC]

Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road. DM me so you have expert advice and a trusted professional who will keep your interests top of mind.


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Some Highlights Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid c...

01/28/2022

No Matter What the Groundhog Says, You Should Sell Before the Spring

Buyers are looking for homes right now, and with today’s record-low inventory, the chance of your house getting noticed is high. Let's connect today so you get all the benefits that come with listing your house before spring.


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01/27/2022

Real estate has been rated the best long-term investment for eight years in a row. That’s because you’re not just buying a place to call home – you’re investing in an asset that can grow in value with time. DM me today if you’re ready to make real estate your best investment this year.


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