Jatnna Estrella, Realtor

05/25/2023

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Don’t Wait for Home Prices To Fall

If you’ve put your plans on hold hoping home prices will fall more, you should know: the worst home price declines are already behind us. Let’s connect if you’re ready to move to get the process started.  



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05/24/2023

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Owning a Home Helps Protect Against Inflation

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still makes sense to buy a home today. The short answer is – it does. Here’s why.

Homeownership actually shields you from the rising costs inflation brings.

Freddie Mac explains how: “Not only will buying today help you begin to build equity, a fixed-rate mortgage can stabilize your monthly housing costs for the long-term even while other life expenses continue to rise – as has been the case the past few years.”
Unlike rents, which tend to rise with time, a fixed-rate mortgage payment is predictable over the...



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You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more.

05/23/2023

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Good news! Experts are projecting mortgage rates to come down over the second half of the year if inflation continues to cool. And, if that happens, that drop will help make homeownership more affordable. If you have questions about the market or what experts are expecting from the rest of the year, DM me.



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05/22/2023

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Do today’s rising costs have you considering moving to a smaller home? Downsizing can have a lot of benefits. Not only are smaller homes generally more affordable, but they also typically come with lower bills and less upkeep. If that sounds appealing to you, DM me today.



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05/21/2023

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Powerful Job Market Fuels Homebuyer Demand

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger.

One way we know there are interested buyers right now is because showing traffic from ShowingTime is up. And though there’s less traffic than the buyer frenzy of the past couple years, we’re not far off that pace. There are a lot of interested buyers checking out available homes right now.

But why are buyers so active at a time when mortgage rates are higher than they were just last year?

>>The Job Market Is Growing at a Stronger-Than-Expected Pace
It might surprise you just how strong today’s job market is. What might be even more surprising is the fact that it appears to be getting stronger. 88,000 more jobs were created in April than in Mar...



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The spring housing market has been surprisingly active this year.

05/20/2023

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Are you thinking about buying a home this year? If so, you should know there’s still a limited number of homes for sale. That’s why we’re seeing an uptick in multiple offer scenarios again today. Use these tips to make sure you put your best offer forward so you can stand out from other buyers. Ready to check out options in our area? Let’s connect.



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05/19/2023

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The Impact of Changing Mortgage Rates [INFOGRAPHIC]

If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power. These charts show how rates generally affect your monthly payment. The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the expertise of a local real estate professional and mortgage lender.



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If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power.

05/18/2023

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Moving Fuels the Economy

Moving fuels the economy. Let’s connect when you’re ready to buy or sell.



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05/17/2023

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What You Need To Know About Home Price News

NAR will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices report repeat sales prices. The vast majority of the repeat sales indices show prices are starting to appreciate again. But the median price reported on Thursday may tell a different story.

Here’s why using the median home price as a gauge of what’s happening with home values isn’t ideal right now. According to the Center for Real Studies at Wichita State University, “The median sale price measures the ‘middle’ price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less. While this is a good measure...



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The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow.

05/16/2023

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The Worst Home Price Declines Are Behind Us

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very different and much more positive story. Local home price trends still vary by market, but here’s what the national data tells us.

If we take a year-over-year view, home prices stayed positive – they just appreciated more slowly than they did at the peak of the pandemic. To get a more detailed picture of some of the trends in the market, we need to look at monthly data.

In the first half of 2022, home prices were climbing, and they peaked in June. Then, in July, they started to decline. And by rough...



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If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.

05/15/2023

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One of the first steps in the homebuying process is getting pre-approved for a mortgage. Pre-approval helps improve your chances of buying the home that’s right for you by giving you an idea of what you can borrow, helping you set your budget, and letting sellers know your offer is serious. DM me to learn about other steps you can take to start your homebuying journey.



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05/14/2023

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Tips To Help You Buy a Home in Today’s Market

Use these tips to make your best offer in today’s sellers’ market. Let’s connect so I can help you buy that home you’ve been wanting.



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