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Friday, November 18, 2022   /   by Steve Mohseni

Home Equity: A Source of Strength for Homeowners Today

Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says:

“. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have historically high levels of home equity, so there likely won’t be a surge in foreclosures.”

Data from the Mortgage Bankers Association (MBA) helps tell this story. It shows the overall percentage of homeowners at risk is decreasing significantly with time (see graph below):
But even though the volume of homeowners at risk is very low, there is still a small percentage of homeowners who may be coming face to face with foreclosure as a possibility today. If you’re facing difficulties yourself, it can help to understand your options. It starts with knowing what fo ...

  alameda county, bay area, house, buyers, moving up., pleasanton, mortgage, down payment, mortgage insurance, fha, home value estimate, sellers, pmi

Friday, November 18, 2022   /   by Steve Mohseni

Why It May Be Time To Add Newly Built Homes to Your Search

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options and incentives than you realize. That may be why the National Association of Home Builders (NAHB) says the share of buyers looking for new construction is increasing:

“According to the quarterly Housing Trends Report, the popularity of new construction homes is continuing to rebound . . .”

Here’s a few reasons more buyers may be drawn to newly built homes.
More Options To Choose from and Potential Builder Incentives
When looking for a home, you can choose between existing homes (those that are already built and previously owned) and newly constructed ones. While the inventory of existing homes has increased this year, it’s still below&nbs ...

  alameda county, bay area, house, buyers, moving up., pleasanton, mortgage, down payment, mortgage insurance, fha, home value estimate, sellers, pmi

Friday, November 18, 2022   /   by Steve Mohseni

Top Questions About Selling Your Home This Winter

There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. Here are three of the top questions you may be asking – and the data that helps answer them – so you can make a confident decision.
1. Should I Wait To Sell?
Even though the supply of homes for sale has increased in 2022, inventory is still low overall. That means it’s still a sellers’ market. The graph below helps put the inventory growth into perspective. Using data from the National Association of Realtors (NAR), it shows just how far off we are from flipping to a buyers’ market:

While buyers have regained some negotiation power as inventory has grown, you haven’t missed your window to sell. Your house could still stand out since inventory is low, especially if you list now while other sellers hold off until after the ...

  alameda county, bay area, house, buyers, moving up., pleasanton, mortgage, down payment, mortgage insurance, fha, home value estimate, sellers, pmi

Friday, November 18, 2022   /   by Steve Mohseni

Should You Update Your House Before You Sell? Ask a Real Estate Professional.

Some Highlights

You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever.
That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing market. They know what buyers are looking for and how to highlight any upgrades you make.
Let’s connect so you know where to focus your efforts so your house will stand out in a today’s market. ...

  alameda county, bay area, house, buyers, moving up., pleasanton, mortgage, down payment, mortgage insurance, fha, home value estimate, sellers, pmi

Thursday, November 10, 2022   /   by Steve Mohseni

Homeownership Wins Over Time

Some Highlights


If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership.



As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 290.2% since 1991.



Homeownership wins in the long run. If you’re ready to buy a home, let’s connect today. ...

  alameda county, bay area, house, buyers, moving up., pleasanton, mortgage, down payment, mortgage insurance, fha, home value estimate, sellers, pmi

Compass | Mohseni Real Estate Group
Steve Mohseni
15 Railroad Avenue
Danville, CA 94526
925-484-0707
CA DRE# 01267039

900 Main Street
Pleasanton CA 94566

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