The Yucaipa Market is showing signs of improvement with Closed sales up year on year by 19.6% up from 56 units to 69 in August. Pending Home sales also jumped up 62.5% with 91 new pending sales up from 56 in August 2018. Inventory is still historically low at 2.91 months of inventory. For a balanced market we look for around 6 months of inventory. This is still suppressing potential sales due to lack of choice and fewer people looking for move up homes. Read the full report H

With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the predicted levels of appreciation from six major housing sources: As we can see, every source believes home prices will continue to appreciate (albeit at lowe

Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is to ask me and I will guide you through every aspect of the transaction with ‘the heart of a teacher.’ Call or message me and I will guide you every step of the way 951-634-4118 #yucaipahomesf

Enjoy Magazine Enjoy Magazine - https://www.grahamholmes.com/magazine May is time to celebrate mom. Our EAT section features a delicious homemade blueberry jam recipe passed down from grandmother to mother to daughter. Jane Monzures shares this family treasure not just with you, the readers of Enjoy, but with her friends every holiday. You can taste the love. Try it yourself and share it with those you hold dearly. Leaving something for the ones we love is what holds families

“I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” – John Stuart Mill (1840s) Even back in the mid-1800s, people knew that negative news sells. That is still true today. All forms of media realize that they will get more eyeballs, clicks, likes, and engagement by posting something negative. However, they must realize that negative headlines impact markets. Just last wee

I am very happy to have helped another client sell this beautiful home. We helped with every aspect including remodeling the kitchen and bathrooms. I am here to help you. Call me to get started 951-634-4118 #yucaipahomesforsale #buyayucaipahome #yucaipa #homesforsaleinyucaipa #yucaiparealtor Yucaipa Homes for Sale and Homes for Sale in Yucaipa #yucaiparealtor

Escrow Opened - 10 Offers received after only a few days on the market. Let me help you get your home sold quickly for the most money. Call me to get started. 951-634-4118 #yucaipahomesforsale #buyayucaipahome #yucaipa #homesforsaleinyucaipa #yucaiparealtor Yucaipa Homes for Sale and Homes for Sale in Yucaipa #yucaiparealtor

Over the course of the last thirty years, a shift has happened. An entire generation has been raised to believe that a college education is their key to unlocking opportunities that were not available to their parent’s or grandparent’s generations. Due to this, student loan debt has soared to $1.5 trillion and represents the largest category of debt, surpassing credit card and auto loan debt in 2010 and never looking back. As more and more Americans continue their education a

Highlights: Watching the big game at home with your friends & family offers many advantages. There’s more room to entertain a large crowd, and you don’t have to worry about complaints to your landlord if you cheer too loudly! The kitchen is big enough to make as many appetizers as you want, and if some of your guests are only there to watch the commercials, they can do so on a different TV in another room! #yucaipasuperbowl #yucaipahomesforsale #yucaipahomesforsale #buyayucai

Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Studyrevealed: “Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 trillion in 2017.” The average homeowner gained $16,200 in home equity between Q2 2017 and Q2 2018 according to the latest release of CoreLogic’s Home Equity Repo

Whether you are thinking of selling your house or buying a Yucaipa home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on the housing market? If you are either a buyer or seller (or both), you need to know what it will mean to your family if you go ahead with the move. You need to understand three thin

You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a severe shortage of listing inventory in many regions of the country. In a recent interview discussing the housing market, First American’s Chief Economist Mark Fleming put it simply: “The biggest challenge is rea

I hope 2019 is a great year for you, both personally and professionally! Happy New Year from your Yucaipa Realtor #yucaipahomesforsale #buyayucaipahome #yucaipa #homesforsaleinyucaipa Yucaipa Homes for Sale and Homes for Sale in Yucaipa https://www.grahamholmes.com/yucaipa-homes-for-sale

Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic. All four major reporting agencies believe that home sales will outpace 2018! Let's get together and talk about realizing your real estate goals. Call or text me 951-634-4118. #yucaipahomesforsale #buyay

There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago. Here are four reasons why today’s market is much different: 1. There are fewer foreclosures now than there were in 2006 A major challenge in 2006 was the number of foreclosures. There will always be foreclosures, but they spiked by over 100% prior to the crash. Forecl

Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down as it did in 2008. As it becomes easier for buyers to obtain mortgages, many are suggesting that this is definite proof that banks are repeating the same mistakes they made a decade ago. Today, we want to assure

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices to cool. Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a ye

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013). These numbers reveal that the net worth of a homeowner is over

Yucaipa Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced in 2008. Today, let’s look at one set of statistics that prove the current market is nothing like the one that preceded the housing

Many sellers believe that spring is the best time to place their Yucaipa homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition! The #1 Reason to List Your Home in the Winter Months is Less Competition! Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The char