Josh Bowers - Lyon Real Estate - DRE# 02032726

04/22/2022

New Listing in South Lake Tahoe! Possible 3 bedroom chalet tucked towards the back of Sky Meadows Community. HOA takes care of many thing on the home which allows you to just show up and enjoy the relaxing Tahoe lifestyle. Residents also able to join Tahoe Keys Association with private beach access to Lake Tahoe, pools, and more. Visit my website for more information

2356skymeadowscourt.golyon.com

Dre #02032726

01/28/2022

Nearly 20% of buyers in today’s market are waiving their right for inspections. This is because buyers are in a highly competitive market, and are looking for ways to separate themselves from the competition. Normally I don’t advise waiving the inspections but there are a few situations were there may be less risk.

1) More often in this market sellers are getting inspections done before going on the market. This way things can get fixed upfront and sellers won’t have to negotiate with a buyer while in contract. If the reports look clean or the seller has made repairs you may have less risk of having to do repairs after you bought the home.
2) Buyers can put a clause in the purchase agreement that they will do inspections, but they are for “informational purposes”. This clause will convey to the seller that you’re willing to take on more of the known defects of the home, but you will still have an inspection contingency in place to protect yourself in case something big comes up in the new inspections.

Having a trusted advisor to help you navigate the risks/ benefits upfront will save you time and $$ on the back end!

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...

09/25/2021

Nationally, there's 2.6 months of housing inventory for sale. If there was nothing more coming on the market we would run out of housing for sale in 75 days.

The Sacramento region has under 1 month of inventory currently!!

Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to sell. Sellers, don’t mi...

09/24/2021

Great tips on writing offers!

In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams...

09/23/2021

Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today's mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale. If ...

08/25/2021

If you have been thinking about selling, here are some things to consider. I also have options available to help you stay in your home until you secure a replacement property. Any questions? Lets Connect!

07/30/2021

Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact...

07/23/2021

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market.

07/15/2021

Good read! I hear from younger buyers right now that they want to wait it out, and hope the market goes down and things will be more affordable. However, all indicators are showing that prices will increase steadily over coming years and interest rates will inevitably go up. If you or someone you know has considered buying recently, its important that they talk with a Mortgage Lender to find out what they can qualify for. There are programs out there that require less down on the home, which then can free up cash to help compete for the home of your dreams.

Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of ...

07/14/2021

Definitely not your typical summer for real estate! Even in a hot market though, buyers and sellers both have reasons to be happy. Sellers still have little competition to sell against, and buyers have the benefit of low mortgage interest rates to keep monthly payments down.

In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually str...

07/12/2021

Experts are predicting that home prices will continue appreciating over the next five years, adding to the record amount of equity homeowners have already gained over the past year.

Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financ...

06/24/2021

Sold in Lincoln! Happy to see my clients move into their new home.