David Diaz, P.A.

10/29/2024

Are these scary myths holding you back from buying a home? Let’s talk.
I can help you separate fact from fiction. And, I’ll put your mind at ease, so you feel comfortable when you’re ready to start on your homebuying journey.

10/29/2024

Why Home Sales Bounce Back After Presidential Elections

With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down.

Election Years Bring a Temporary Slowdown

In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s usually a slightly larger dip in home sales in the month leading up to Election Day.

Home Sales Bounce Back After the Election

The good news is these delayed sales aren’t lost forever—they’re just postponed. History shows sales tend to rebound after the election is over. In fact, home sales have actually increased 82% of the time in the year after the election.

What To Expect in 2025

If history is any indicator, that means more homes will sell next year. And based on the latest forecasts, that’s exactly what you...

With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market.

10/28/2024

Did you know the experts say the housing market is short about three million homes right now? It’s because the industry just hasn’t built enough of them to keep up with demand.

So, if you’re thinking of selling, this will actually work in your favor. That’s because fewer homes on the market means your house will be in high demand.

And if we price it right, buyers will be knocking on your door. So, when you’re ready to make the most of today’s market, let’s connect.

10/28/2024

Why Your House Will Shine in Today’s Market

Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out.

What’s Causing the Shortage?

1. Underproduction of Homes

2. Rising Costs

3. Regional Imbalances

How Big Is the Problem?

According to estimates from Real Estate News, the U.S. is facing a housing shortfall of roughly 3.3 million homes, based on an average of several expert insights.

This shows there’s a significant number of homes that need to be built just to meet current demand from buyers. But what about future demand?

According to John Burns Research and Consulting (JBREC), over the next 10 years, the U.S. will need about 18 million new homes to meet projected demand, including homes for new households, second homes, and replacements...

Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. 

10/28/2024

Why Today’s Foreclosure Numbers Won’t Trigger a Crash

With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments, leading to a wave of foreclosures.

But before you start worrying about a housing market crash, here’s a look at what’s really happening. And the good news is: the latest foreclosure data shows there’s no wave on the horizon.

How Today’s Market Is Different from 2008

Let’s ease those fears by looking at the bigger picture. There’s a big difference between what’s happening now, and what happened when the housing market crashed.
As an article from Bankrate explains: “In the years after the housing crash, millions of foreclosures flooded the housing market, depressing prices. That’s not the case now. Most...

With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market.

10/25/2024

Debunking Scary Myths About Buying a Home

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know. Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment. Don’t let scary myths delay your homebuying plans. Let's connect so you have a pro to help you separate the facts from your fears.

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know.

10/25/2024

Debunking Scary Myths About Buying a Home

Don’t let scary myths delay your homebuying dreams. Let's connect so you have a pro to help you separate fact from fiction.

10/24/2024

Some people are worried that higher costs for everything from gas to groceries will put a pinch on homeowners and lead to a wave of foreclosures hitting the market.

But the latest data helps ease those concerns. Foreclosure activity is still far below levels seen during the last crash.

There's no wave of foreclosures on the horizon. This is just one reason why we’re not headed for a repeat of 2008.

10/23/2024

Homes are still selling faster than they did pre-pandemic, even though the number of days they’re on the market is higher than it was last year.

With the right strategies and the right agent partner, you could sell even faster than today’s norm. DM me to talk through what we can do to make sure your house stands out.

10/23/2024

Selling in 2025? Don’t wait—start prepping now.

The time between now and New Year’s is going to go by fast. So, it’s a good idea to start chipping away at your to-do list early on.

If you’re not sure where to start, here’s what other sellers are doing.

Let’s connect to chat about which of these items are worth it for you. I know what buyers are looking for and what’s most likely to make your house shine in 2025.

10/22/2024

Planning To Sell Your House in 2025? Start Prepping Now

If your goal is to sell your house in 2025, now’s the time to start prepping. By starting your prep work early, you’ll give yourself plenty of time to get your house market-ready by the end of the year. But be sure to partner with a great agent before you get started, so you have expert insight into what repairs are worth it based on your local market.

Why Starting Early Is Key

To get the best price and sell quickly, it’s important that your home looks its best. And that means it’s up to you to make the necessary repairs, declutter, and even consider updates that could add value as part of getting your house ready to list.

By starting now, you can tackle things one task at a time. Because, if you wait to knock items off your list later on, they could quickly stack up and get overwhelming.

The Importance of Working with a Local Agent

And while that data gives...

If your goal is to sell your house in 2025, now’s the time to start prepping.

10/21/2024

What To Expect from Mortgage Rates and Home Prices in 2025

Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices.

Whether you're thinking of buying or selling, here’s a look at what the experts are saying and how it might impact your move.

Mortgage Rates Are Forecast To Come Down

One of the biggest factors likely affecting your plans is mortgage rates, and the forecast looks positive. After rising dramatically in recent years, experts project rates will ease slightly throughout the course of 2025.

While that decline won’t be a straight line down, the overall trend should continue over the next year. Expect a few bumps along the way.

Home Price Projections Show Modest Growth

While mortgage rates are expected to come down slightly...

Curious about where the housing market is headed in 2025?