Visalia Real Estate Report

10/07/2024

Looking to buy a home or refinance?
Start here

Get a mortgage with Eric Dahlberg! Expert service and attention to detail. Contact me to start your journey to homeownership!

08/28/2024

Ever heard of am FHA 203k loan? This is a renovation loan. You can put the renovation costs into the loan on a home you own for a refinance if you don't have enough equity to pull cash out or you can buy a "diamond in the rough" that needs some upgrading.

For the purchase All you need is 3.5% of the loan amount for the down.
Your loan amount will be higher than the purchase price because of adding the renovation costs to the loan.
I have a lender that will do down payment assistance for a 203k...

For a 203k refinance then you only need at least 3.5% equity...perfect if you haven't owned your home long enough to have enough equity to pull cash out, which will be atleast 40% plus in order to leave 20% still in the home.

If you want some numbers, just let me know.

08/27/2024

Poll question:

When rates drop to 5% how much do they think home prices will go up?

08/21/2024

So, the government was off by 818,000 jobs??? 🤔🤔
What does this mean for buying a home?

I don't think the federal reserve can deny we are heading into a recession....I expect them to lower interest rates...Fed Reserve Chairmen is suppose to make remarks tomorrow....next meeting isn't until Sept 17th....most experts are expecting a small .5% decrease...we will see..

What should you do now if you want to be a homeowner?

I would say get pre-approved if not already...

This market is ripe for discounts....sellers are willing to pay all your closing costs in order to sell their home...

Marry the home...Date the rate.....when the economy slows into a recession interest rated drop because investors pull money out of the stock market and buy into the bond market..when bond prices are bidded up their yield ( rates) drop....

If you wait until this happens like everyone else, get ready to pay more for the home....this will lower and savings you would have received with a refinance....

If you're not pre-qualified or want to compare rates you were qouted, please call me at 559-259-5522....I can shop 235 banks....

The U.S. economy created far fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported.

02/20/2024

If you racked up a lot of debt since your last refi a few years ago, I can help! I have 2 dozen HELOC or HELOAN lenders. Let’s talk!
I’ll shop to find you the best lender to help you.

Message me. Or call me at 5592595522

02/17/2024

When considering a refinance to pay off your high interest credit cards, the mortgage interest rate is the least of your concern.
Are you telling me you won’t refinance ALL you debt into a mid 6% or 7% despite the fact all other debt is 20-30%?

That does not make financial sense.

Sure, keep your 3% mortgage rate despite the fact you can’t afford to pay your 30% credit cards, new car loans etc etc.
You need to look at your overall debt payments.

I can help you and show you the numbers.

Don’t ruin your good credit for the sake of some never before seen interest rate that more than likely we will never see again.
Call me 559-259-5522 or send me a message.
Let’s lower your monthly bills.

02/16/2024

First time homebuyers!!!

If you want to buy a home in the next 3 years then your time is now.

Here’s what to avoid.

Having champagne taste in homes when your credit or income isn’t there.

Expecting a perfect unblemished home when the home is over 5 years.

Expecting the neighborhood to be as nice as the one you can barely afford to rent in.

This is just pride and ego. Let it go.
Humble yourselves.
This home is a stepping stone to what’s better down the road.
Those who sacrifice get richly rewarded. Buy now. Take that $$$equity into the next home.

01/29/2024

Attention first time home buyers!! 🏡

Got questions on what to do with your tax return?

Should I pay off debt?

Should I use it for the down payment?

Yes pay off debt:
If your credit score is below a 670!
I’d suggest paying off debt to raise your score so you can get the lowest rate at the lowest cost to you. If you’re $10,000 or $15,000 return is all the money that you have, don’t worry. I would suggest using some of it and I can help you with down a payment assistance program.


Yes put it towards your down payment:

If your credit score is in the 700s and you have some money saved, then I suggest using this money towards your down payment or for closing cost when you purchase your home.

If you wanna know how much you would need to do either then please reach out to me or give me a call at 559-259-5522 or you can message me here on Facebook. I love helping first I’m homebuyers by their their first home.
No question is a dumb question, just a chance to better educated.

Peace be with you.

God bless you.



01/19/2024

Are you a health care worker, in law enforcement, a teacher, first responder, or a veteran/military member? You're a Hero to our community. Watch this video to see the program you're entitled too...