Annie Baig, Realtor 925.587.3551

12/26/2024

09/29/2024

Join me today from 12-3pm. Call 858.330.8056 for more information.

09/29/2024

Are you ready to make the move?

09/29/2024

Are you a new buyer encouraged by lowering interest rates?

09/28/2024

New Pointe Communities presents six luxurious single-level estate homes at Old Coach Road and Espola in North Poway, showcasing mid-century modern architecture on half-acre private lots. Features include Milgard windows, custom sliding doors, Thermador-equipped gourmet kitchens, and expansive outdoor living spaces. Spacious floor plans offer four bedrooms, office, workout room, and three-car garage. Enjoy owned solar, dual-zoned HVAC, and proximity to Painted Rock Elementary and Blue Sky trails. Two phase one homes remain, with builder incentives including 2/1 buydown interest rates from 3.99% and no Mello Roos taxes.

09/27/2024

California housing to see stronger sales, rising prices in 2025, REALTORS® forecast


Source: OC Register
California’s beleaguered real estate industry will get some relief next year, with house sales projected to increase 10 percent to 304,400 transactions in 2025, the CALIFORNIA ASSOCIATION OF REALTORS® predicted on Wednesday, Sept. 25.

In the last two years, sales plunged to fewer than 276,000, well below the state’s average of more than 400,000 transactions per year. House prices, meanwhile, are expected to continue rising next year, but at a slightly slower pace than in 2024. C.A.R. economists predicted the median price, or price at the mid-point of all sales, will rise almost 5 percent to a record high of $909,400. If accurate, house prices will have nearly doubled in the past 10 years. C.A.R. also predicted that 30-year mortgage rates will drop to an average of 5.9 percent next year, down from 6.6 percent this year. Lower mortgage rates will encourage many “locked-in” homeowners – reluctant to give up low payments they acquired during the pandemic – to put their properties up for sale.

09/23/2024

Rates are on the move, so what does that mean for you? Depending on your situation, a refinance could potentially lower your rate, reduce your monthly payment, and give your budget some breathing room. We'll know for sure after I do a quick review of your current mortgage.

09/16/2024

With inflation seemingly under control and weakness showing in the US labor market, officials are widely expected to drop their benchmark lending rate by at least a quarter percentage point when they wrap up a two-day gathering this coming Wednesday. This is bound to unshackle the world’s largest economy from a lengthy stretch of elevated borrowing costs and is likely to be accompanied by a signal from the Fed that it’s poised to provide more relief for American businesses and households over the coming months: that combination should keep in motion a repricing of trillions of dollars in global assets that’s already underway. (BLOOMBERG)

09/15/2024

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858.330.8056
DRE: 01965485

09/06/2024

Latest macroeconomic data released last week suggest that the economy remains solid, with the cooling trend in inflation continuing at the start of Q3 2024. Both consumers and business leaders feel upbeat in general and have a positive outlook about the near future. With the Fed expected to adjust rates downward in their next few meetings, the housing market should pick up some momentum throughout the rest of the year. There are challenges that could hinder the housing progress in the next couple years though. The ongoing insurance crisis, for example, is one such huddle that has presented difficulties for homebuying and could remain a major headache for the market in at least the next couple of years.

08/28/2024

Homebuying in the United States has recently slowed to a crawl, but falling mortgage rates could soon jolt it back to life. .

For potential homebuyers who may have been itching to come off the sidelines, the recent drop in mortgage rates may be a double-edged sword.

Lower rates could give homebuyers more purchasing power. However, they could also lead to more intense competition for homes on the market, driving record-high home prices even higher