Nearly Three-Quarters of Pandemic Homebuyers Are Happy With Their Purchase, According to Realtor.com Survey

More than 70% who bought a home in the last year feel it was a good decision and nearly half wish they had moved sooner SANTA CLARA, Calif., May 26, 2021 -- Despite the frenzied nature of today's housing market, prompting conversations about buyer's remorse, more than two-thirds of pandemic homebuyers have found happiness in their new home, according to a new Realtor.com® survey released today. Those surveyed say their new home better...

Spring 2021 Housing Market: Will the Extremes Calm Down?

The 2021 spring housing market can be summed up to two extremes better suited for a primetime TV medical drama than an economic snapshot: the sellers market is on steroids, while the buyers markets are on life support. Why so extreme? Real estate laws of supply and demand dictate that rising demand reduces the number of homes for sale and increase prices. Higher prices then motivate sellers to sell, opening...

Should you buy a second home? Predictions for the 2019 market.

In view of the healthy economy, you may be thinking of buying a second home as a vacation getaway, as housing for family members or as an investment property. That could reap great benefits, but you should only proceed with insight into this year’s secondary home market. A few predictions from real estate specialists: In general you can expect a buyer’s market, according to Bloomberg. Costs may be attractive in...

SLO MILLENNIALS TO TAKE THE BUYING PLUNGE

San Luis Obispo rent is steadily increasing at the highest rates in the state. Central Coast Millennials may soon follow the national trend and take the plunge into home ownership. The National Association of REALTORS® recently reported Millennials hold the highest share of home buying activity out of all other generations for the fifth consecutive year. Rents in San Luis Obispo have increased an alarming 39.42%. An increase from September...