Victor Valley Housing Report

09/24/2021

Using a local lender and real estate agent matters!

In today’s sellers’ market, standing out as a buyer is critical.

09/24/2021

Never seen a market like this before. When will it end???

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 ...

07/19/2020

Looks like low rates will be here for the foreseeable future

Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%.

12/17/2019

Still time to take advantage of low interest rates

Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits.

12/17/2019

Buyer competition is still fierce!

The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes.

10/04/2019

Despite recession fears, housing continues to be a good bet.

CoreLogic said the pace of home-price gains will quicken over the next 12 months as low mortgage rates give buyers the ability to pay more for properties. “For the first time since at least World W…

09/10/2019

More good news for housing

Despite broad uncertainty about the economy, US consumers are more optimistic about purchasing a home, says Fannie Mae

08/13/2019

Most people just don't know.

Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today.

08/13/2019

Millennials are catching on!

On his personal website, self-made millionaire David Bach makes a striking statement:“Not prioritizing homeownership is the single biggest mistake millennials are making.”

08/13/2019

More great news!

Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’...

07/25/2019

Good news for housing

Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year.

07/23/2019

CAR June Market Report