Blog - Kara Brem

Real Estate

December Real Estate Market and Mortgage Update

Well, well, well…here we are already in DECEMBER! I am truly boggled as to how the holidays and the end of 2023 is among us already. Not only am I excited for holiday lights (see below for a list of to check out) parades, hot cider and of course SANTA (!) but I’m equally excited […]
Interest Rates, Real Estate

THIS WEEKS MORTGAGE UPDATE: INTEREST RATES PLUNGE

THIS WEEKS MORTGAGE UPDATE: The holiday season is delivering early gifts to would-be buyers. Having climbed relentlessly for most of 2023, from just below 6% to just over 8%, average 30 year mortgage rates have plummeted in recent weeks to mid 6’s. Woohoo! Furthermore, with inflation continuing to trend lower, the markets are increasingly convinced […]
Real Estate

4 Signs Your Property Values are About to Skyrocket

Signs that your neighborhood is about to POP and your property values are about to skyrocket 🚀 *Whole Foods/Starbucks/Target moves in* Studies have proven that neighborhood amenities have a direct impact on property values. When household-name brands set up shop in your community, it’s usually a good sign as those companies are researching way ahead […]
Interest Rates, Real Estate

23 Southern California Real Estate Market Update

The following analysis of select counties of the Southern California real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. I hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me. Regional […]

Real Estate December Real Estate Market and Mortgage Update Well, well, well…here we are already in DECEMBER! I am truly boggled as to how the holidays and the end of 2023 is among us already. Not only am I excited for holiday lights (see below for a list of to check out) parades, hot cider and of course SANTA (!) but I’m equally excited […]

Interest Rates THIS WEEKS MORTGAGE UPDATE: INTEREST RATES PLUNGE THIS WEEKS MORTGAGE UPDATE: The holiday season is delivering early gifts to would-be buyers. Having climbed relentlessly for most of 2023, from just below 6% to just over 8%, average 30 year mortgage rates have plummeted in recent weeks to mid 6’s. Woohoo! Furthermore, with inflation continuing to trend lower, the markets are increasingly convinced […]

Real Estate 4 Signs Your Property Values are About to Skyrocket Signs that your neighborhood is about to POP and your property values are about to skyrocket 🚀 *Whole Foods/Starbucks/Target moves in* Studies have proven that neighborhood amenities have a direct impact on property values. When household-name brands set up shop in your community, it’s usually a good sign as those companies are researching way ahead […]

Interest Rates 23 Southern California Real Estate Market Update The following analysis of select counties of the Southern California real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. I hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me. Regional […]

Real Estate Are Higher Mortgage Rates Here To Stay? Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like a little bit of a gut punch if you’re thinking about making […]

Real Estate Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon You might remember the housing crash in 2008, even if you didn’t own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there’s good news – the housing market now is different from 2008. One important reason is there aren’t enough homes for sale. That means there’s an […]

Real Estate Why Is Housing Inventory So Low? One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why. There aren’t enough homes available for sale, but that shortage isn’t just a […]

Real Estate August Market Update Happy August everyone (or shall we say Fogust?). The real estate market and mortgage rates continue to keep all of us in related fields scratching our heads. So if you are confused…not to worry. It’s not just you. Let’s dive right in and take a look at what’s going on in our local […]

Real Estate Home Prices Are Rebounding If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. If we take a year-over-year view, home prices did drop some, but that’s because we’re comparing to a ‘unicorn’ year when prices peaked well […]

Real Estate Two Questions To Ask Yourself if You’re Considering Buying a Home If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes […]

Real Estate What Homebuyers Need To Know About Credit Scores If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s also a factor that helps determine your […]

Interest Rates Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. Comparing this year’s numbers to the two ‘unicorn’ years […]

Real Estate Careful to Price it Right When Selling Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most attention from buyers right now. If you’re thinking of selling your house this spring, it’s important to lean on your expert real estate advisor when it […]

Real Estate California Dream for All Homebuyer Assistance Program – 20% Shared Appreciation The California Dream for All homebuyer assistance program is a shared appreciation down payment assistance program that provides 20% down payment of assistance, in the form of a silent second loan, to qualified first time buyers. Assistance can be used to pay down payment and/or closing costs. The DFA fund homebuyer assistance program is not a handout or […]

Real Estate Here’s Why the Housing Market Isn’t Going To Crash Highlights: Today’s housing market is different than it was in 2008. Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity. If you’re concerned about a crash, meet with a local real estate professional to discuss why this isn’t like last time.

Real Estate One Major Benefit of Investing in a Home One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.” With spring approaching, now’s a great time […]

Real Estate You May Not Need as Much as You Think for Your Down Payment Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%. Let’s connect to make sure you have a […]

Real Estate Lower Mortgage Rates Are Bringing Buyers Back to the Market As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the […]

Real Estate Don’t Wait for Mortgage Rates to Drop to 3% Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. Today, the […]

Real Estate What Experts Are Saying About the 2023 Housing Market If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? An article from HousingWire offers this […]