Drake Thompson Real Estate -San Diego

Drake Thompson Real Estate -San Diego Helping friends and family accomplish their dream of home ownership. Assisting Sellers capitalize on their home equity.

Working with investors to maximize their profits.

Last week we held our first First Time Home Buyer Seminar for 2023 at our office in La Jolla! We had an amazing turnout ...
01/10/2023

Last week we held our first First Time Home Buyer Seminar for 2023 at our office in La Jolla!

We had an amazing turnout and everyone left with an abundance of information. ๐Ÿ™Œ

We went over the current state of the market, the initial steps to buying a home, what loan products are out there( with our in-house lender), and answered the most common questions buyers have.

Our next event will be held on February 2nd in La Jolla. If interested, send me a text/DM and I'll add you to our guest list!

This will be a monthly occurrence in case you can't make the date :)

Compass DRE #02029563
619-339-9146

11/30/2022

It was a big day for loans yesterday.... as the conforming loan limits were increased by about 12% to a maximum amount of $726,200 for 2023.

Why is this important?

This means that buyers will have more flexibility (and possibly lower rates) when financing a higher-priced home. ๐Ÿ™Œ

More details here - https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Announces-Conforming-Loan-Limits-for-2023.aspx #:~:text=Washington%2C%20D.C.%20%E2%80%93%20The%20Federal%20Housing%20Finance%20Agency,an%20increase%20of%20%2479%2C000%20from%20%24647%2C200%20in%202022.

If you have any questions, I'm here to help!

Compass DRE #02029563

10/26/2022

With mortgage rates at 7% and a strong likelihood of recession around the corner, buyers and homeowners are asking, โ€œWill the market crash?โ€ Experts weigh in.

Our team has a very detailed Buyer's guide to assist you with the home buying journey. Feel free to reach out and I'll s...
10/21/2022

Our team has a very detailed Buyer's guide to assist you with the home buying journey. Feel free to reach out and I'll send that over ๐Ÿ˜Ž

The market is always changing and you can never be too in the know. Despite what you may have heard, Buyers are still moving and getting good deals.

Can you guess which Buyers?

Compass
DRE #02029563

Curious about what we're seeing? Rents continue to go up and prices are experiencing downward pressure. The sellers who ...
10/04/2022

Curious about what we're seeing? Rents continue to go up and prices are experiencing downward pressure.

The sellers who are on the market need to sell before the holidays and before the end of the year for tax purposes.

Buyers are getting offers accepted below the asking price with favorable terms.

Has your rent been increasing this year?

Compass DRE #02029563

The great thing about working with a National Brokerage is having a huge network all across the nation. If someone you k...
09/27/2022

The great thing about working with a National Brokerage is having a huge network all across the nation. If someone you know is looking to make a move, I can set them up with a top agent in any other market. ๐Ÿ‘Œ

Compass
Compass DRE #02029563

What's going on in San Diego? Here is a quick market update ๐Ÿ‘ŒDreCompass       DRE #02029563
09/14/2022

What's going on in San Diego? Here is a quick market update ๐Ÿ‘Œ

DreCompass DRE #02029563

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Pacific Beach, CA

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