#yucaipa

Graham Holmes

Jul 29, 2018
1 min

Thinking of Selling? Act Now!

Buyer demand continues to outpace the supply of homes for sale across the country and it does not appear to be slowing down. If you are debating whether or not to list your house for sale this year, let’s get together to discuss the supply conditions in our neighborhood so that I can assist you in gaining access to the buyers who are ready, willing, and able to buy right now! Looking to sell your Yucaipa Home call me to get started 951-634-4118 www.GrahamHolmes.com #yucaipaho

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Americans Rank Real Estate Best Investment for 5 Years Running!

Graham Holmes

Jul 29, 2018
1 min

Americans Rank Real Estate Best Investment for 5 Years Running!

Some Highlights: Yucaipa Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years! The generations agree! Real estate is the best investment! Generation X leads the way with 37% believing in real estate as the top investment. Call me for an analysis of where your Yucaipa Home is in todays market. 951-634-4118 www.GrahamHolmes.com #yucaipahomesforsale #buyayucaipahome #yucaipa

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4 Reasons Why We Are Not Heading Toward Another Yucaipa Housing Bubble

Graham Holmes

Jul 29, 2018
3 min

4 Reasons Why We Are Not Heading Toward Another Yucaipa Housing Bubble

With Yucaipa home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here are four key metrics that will explain why: Home Prices Mortgage Standards Foreclosure Rates Housing Affordability 1. HOME PRICES There is no doubt that home prices have reached 2006 levels in many market

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Will Your Current Yucaipa House Fit Your Needs in Retirement?

Graham Holmes

Jul 29, 2018
3 min

Will Your Current Yucaipa House Fit Your Needs in Retirement?

As more and more baby boomers enter retirement age, the question of whether or not to sell their Yucaipa homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement. According to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your ret

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Selling Your Yucaipa Home? Here’s 2 Ways to Get the Best Price!

Graham Holmes

Jul 29, 2018
2 min

Selling Your Yucaipa Home? Here’s 2 Ways to Get the Best Price!

Every Yucaipa homeowner wants to make sure that they maximize their financial reward when selling their Yucaipa home, but how do you guarantee that you receive the maximum value for your house? Here are two ways to ensure that you get the highest price possible. 1. Price it a Little Low This may seem counterintuitive, but let’s take a look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for nego

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Lack of Listings Slowing Down the Yucaipa Market

Graham Holmes

Jul 29, 2018
2 min

Lack of Listings Slowing Down the Yucaipa Market

As the Yucaipa real estate market continues to move down the road to a complete recovery, we see Yucaipa home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen throughout 2018. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory! Here’s what a few industry experts have to

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What You Need to Know About the Mortgage Process

Graham Holmes

Jul 20, 2018
1 min

What You Need to Know About the Mortgage Process

Many buyers are purchasing a Yucaipa home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford. Call me and we can start working on your plan 951-634-4118 #buyayucaipahome #yucaipahomesforsale #yucaipa

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Demand for Yucaipa Homes to Buy Continues to Climb

Graham Holmes

Jul 18, 2018
2 min

Demand for Yucaipa Homes to Buy Continues to Climb

Across the United States, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! First-time homebuyers are out in force and are being met with a highly competitive summer real estate market. According to the National Association of Realtors (NAR), the inventory of homes for sale “has fallen year-over-year for 36 consecutive months,” and now stands at a 4.1-month supply. A 6-month supply of inventory is necessary for a balanc

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4 REAL Reasons Why We Buy A Yucaipa Home!

Graham Holmes

Jul 17, 2018
2 min

4 REAL Reasons Why We Buy A Yucaipa Home!

We often talk about why it makes financial sense to buy a Yucaipa home, but more often than not, the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones. 1. Owning your home of

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First-Time Yucaipa Home Buyers Continue to Put Down Less Than 6%!

Graham Holmes

Jul 17, 2018
1 min

First-Time Yucaipa Home Buyers Continue to Put Down Less Than 6%!

According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their Yucaipa homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, but in March, 71% of first-time buyers and 54% of all buyers put less than 20% down. Ralph McLaughlin, Chief Economist and Founder of Veritas Urbis Economics,

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Want to Sell Your Yucaipa Home Faster? Don’t Forget to Stage!

Graham Holmes

Jul 13, 2018
1 min

Want to Sell Your Yucaipa Home Faster? Don’t Forget to Stage!

Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a Yucaipa home decreases the amount of time a home spends on the market. 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers. 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own. The top rooms to stage in order to attract more buyers are

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Graham Holmes

Jul 13, 2018
1 min

You Don't Need 20% Down

Saving for a down payment is often the biggest hurdle for homebuyers, but it doesn't have to be! Almost half of all homebuyers are unfamiliar with alternative down payment options (which allow as little at 3% down). Whether you have just started to save for a down payment, or have been saving for years, you may be closer to your dream home than you think! Let’s meet up so I can help you evaluate your ability to buy today. #yucaipahomesforsale #buyayucaipahome #yucaipa

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Rising Interest Rates Have Not Dampened Demand

Graham Holmes

Jul 12, 2018
2 min

Rising Interest Rates Have Not Dampened Demand

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment.First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), in which they surveyed title and real estate agents across the country about the impact of rising rates on first-time homebuyers.Real estat

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Yucaipa House-Buying Power at Near-Historic Levels

Graham Holmes

Jul 12, 2018
1 min

Yucaipa House-Buying Power at Near-Historic Levels

We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at “near-historic levels.” Their index is based on three components: Median Household Income Mortgage Interest Rates Home Prices The report explains: “Changing incom

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The #1 Reason to List Your Yucaipa House for Sale NOW!

Graham Holmes

Jul 9, 2018
1 min

The #1 Reason to List Your Yucaipa House for Sale NOW!

If you are debating whether or not to list your Yucaipa house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun recently commented on the current lack of inventory: “Inventory coming onto the market during this year’s spring buying season – as evidenced again by last month’s weak reading – was not even close to being enough to satisfy de

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Graham Holmes

Jun 29, 2018
1 min

4 Reasons to Sell Your Yucaipa House

Is this summer the right time to sell your Yucaipa home? Wondering if you should put your Yucaipa house on the market today? Check out this video for the best reasons to list your house this summer! #sellyouryucaipahome #yucaipahomesforsale #yucaipa

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What’s the Median Home Value in Your State?

Graham Holmes

Jun 28, 2018
1 min

What’s the Median Home Value in Your State?

If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where they’re located. In today’s housing market where home prices are appreciating quickly, it’s important to know that not every home appreciates at the same rate. The map below demonstrates that point on a state-by-state basis using data from the National Association of

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Are You Wondering If You Can Buy Your First Yucaipa Home?

Graham Holmes

Jun 26, 2018
1 min

Are You Wondering If You Can Buy Your First Yucaipa Home?

There are many people sitting on the sidelines trying to decide if they should purchase a Yucaipa home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they get married or start a family, some might think they are too young, and still, some others might think their current incomes would never enable them to qualify for a mortgage. We want to share what the typical first-time homebuyer actually looks like based on the National Association

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You DO NOT Need 20% Down to Buy a Yucaipa Home NOW!

Graham Holmes

Jun 25, 2018
2 min

You DO NOT Need 20% Down to Buy a Yucaipa Home NOW!

The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that the main reason why non-homeowners do not own their own homes is because they believe that they cannot afford them. This brings us to two major misconceptions that we want to address today. 1. Down Payment A recent surv

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Graham Holmes

May 8, 2018
2 min

Home Inspections: What to Expect

So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in some cases, walk away. Your agent can advise you on the best course of action once the report is filed. How to Choose an Inspector Your agent will most likely have a short li

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