by PMR Roseville Elite | May 5, 2021 | Blog
Despite a modest increase to interest rates at the beginning of the year, home appreciation showed few signs of slowing down. In fact, two major indices that measure the health of home sale prices showed double digit increases year over year. The Case-Shiller National...
by PMR Roseville Elite | May 5, 2021 | Blog
Despite red-hot market conditions, something peculiar is happening to pending home sales. According to the National Association of Realtors, pending home sales experienced a two-month slump at the start of 2021 before increasing by 1.9%. The upward movement was a...
by PMR Roseville Elite | Apr 27, 2021 | Blog
Sticker shock over home prices is a recurring event in today’s market. The trend is just not letting up, but it’s also an opportunity. Homebuyers, home sellers and homeowners watch in awe as home pricing reaches new historic levels. For the first time since 1992, home...
by PMR Roseville Elite | Apr 27, 2021 | Blog
With historically strong demand, it doesn’t take much to successfully sell a home. But, there’s no need to let the market do all the work. There are steps home sellers can take right now to increase their bottom line. Staging, a common practice in real estate, can...
by PMR Roseville Elite | Feb 17, 2021 | Blog
As a future homeowner, you might know about the benefits of financing a home through an FHA mortgage, a Federal Housing Administration program. For nearly 90 years, the federal government has stepped in to help families achieve homeownership by partnering with FHA...
by PMR Roseville Elite | Feb 16, 2021 | Blog
There’s so much to know when it comes to buying a home. As a first-time homebuyer, it can get a little overwhelming. As you progress through the process, you may encounter terms you never heard of, including mortgage points. If you’re eager to learn about everything...
by PMR Roseville Elite | Dec 16, 2020 | Blog
A new projection into the housing market reveals that the historically low mortgage interest rates will persist into 2021 and beyond, but with a couple twists. The three-year housing and mortgage outlook by CoreLogic also predicts that homes will continue to sell at a...
by PMR Roseville Elite | Dec 16, 2020 | Blog
An FHA loan just became more powerful. The Federal Housing Administration recently announced an increase to the maximum loan limits that will go into effect in 2021. Recent gains to annual home prices triggered an increase to the new FHA limits, which have a ceiling...
by PMR Roseville Elite | Oct 15, 2020 | Blog
After a jittery start to the real estate market at the beginning of the pandemic, new trends are emerging. Sellers have the upper hand in negotiations as home sales and housing demand continue to rise. Fannie Mae reports that for the second consecutive month, the home...
by PMR Roseville Elite | Oct 15, 2020 | Blog
Sales of new homes are picking up pace. In August, the number of new homes sold reached 1.01 million, a nearly 5% gain from July. Data from the U.S. Census Bureau and the Department of Housing and Urban Development show that for the first time since November 2006, the...