July 2020 RSS Feed

Highlights

• Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years.
• The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today.
• Of the four listed, real estate is also the only investment you can also live in. That’s a big win!

Friday July 10th, 2020 - © Keeping Current Matters, Inc.

San Diego, CA - North County median home prices -2.0% in June 2020 compared to prices in May 2020 (-3.9% from June 2019 and +1.1% year-over-year).

North County San Diego Market Report   |   Mortgage Loan Rates News

We were a little unsure about the selling process in a pandemic but Jeremiah’s amazing photo and video production and careful screening and scheduling of only qualified buyers made the process quick and easy.

Over the years we have bought and sold 6 homes, Jeremiah’s expertise made this sale by far the best experience of them all.

Wednesday July 1st, 2020 - © Keeping Current Matters, Inc.

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important?

According to NAR, the Pending Home Sales Index (PHS) is:

“A leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos, and co-ops. Because a home goes under contract a month or two before it is sold, the Pending Home Sales Index generally leads Existing-Home Sales by a month or two.”

In real estate,…