Dan Skidell Pinnacle Estate Properties, Broker Associate DRE# 01412502

10/02/2024

Happy New Year!

05/03/2024

We’ve been told all our lives that doing certain things will help us live longer. Eat plenty of vegetables. Avoid sugar. Drink lots of water. Exercise regularly. We can hear our mother’s voice right now. These habits are definitely more helpful than harmful, and longevity expert Dan Buettner agr...

01/31/2024

https://www.keepingcurrentmatters.com/2024/01/31/foreclosure-activity-is-still-lower-than-the-norm/?utm_medium=email&_hsmi=292181517&_hsenc=p2ANqtz--efxdqFqS5YQO3YjNyDwLeOVHbv_rKLxJKUQrABLCfutLhEI2d9O_GFRaD3NhLhG4vVktPkJDDiKiMh5vftYwesaYhwA&utm_content=292181517&utm_source=hs_email

Have you seen headlines talking about the increase in foreclosures in today’s housing market?

12/08/2023

Everyone has their own idea of the American Dream, and it's different for each person.

09/13/2023

Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change?

08/03/2023

When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed).

06/20/2023

To drive this point home, here’s a simple explanation of median value (see visual below). Let’s say you have three coins in your pocket, and you decide to line them up according to their value from low to high. If you have one nickel and two dimes, the median value (the middle one) is 10 cents. If you have two nickels and one dime, the median value is now five cents.

In both cases, a nickel is still worth five cents and a dime is still worth 10 cents. The value of each coin didn’t change.

That’s why using the median home price as a gauge of what’s happening with home values isn’t worthwhile right now. Most buyers look at home prices as a starting point to determine if they match their budgets. But, most people buy homes based on the monthly mortgage payment they can afford, not just the price of the house. When mortgage rates are higher, you may have to buy a less expensive home to keep your monthly housing expense affordable. A greater number of ‘less-expensive’ houses are selling right now for this exact reason, and that’s causing the median price to decline. But that doesn’t mean any single house lost value.

When you see the stories in the media that prices are falling later this week, remember the coins. Just because the median price changes, it doesn’t mean home prices are falling. What it means is the mix of homes being sold is being impacted by affordability and current mortgage rates.

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week.

04/04/2023

Bottom Line
If you’re thinking about selling your house, there’s probably a good reason for it. Connect with me so you can make a move that’ll help you accomplish your goals this year.

Wondering if you should sell your house this year? 

03/14/2023

"In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, uncertainty, and doubt.”

But it doesn’t have to be that way. Buying a home is a big decision, and it should be one you feel confident making. You can lean on an agent like myself to help you separate fact from fiction and get the answers you need.

The housing market has been going through shifts lately.

12/21/2022

“I feel exhausted. Totally drained,” said Scott, the 53-year-old son of a mother suffering from chronic back pain and frequent falls, during a recent therapy session. His voice was low and his face downcast. For four years, he’d been going to his mother’s house to help her several days a week. Recently, he’d regularly visited her in the hospital after she’d been admitted for a severe kidney infection. He felt spent."
Please read on if you are one of many that has been in a caregiver situation.

Caregiving can be exhausting, but emotional burnout can also have negative effects. These 3 tips can help you reconnect with the caregiving drive.