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  With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark. According to NAR, home sales jumped 20.7% from May to a seasonally-adjusted annual rate of 4.72 million in June:  “Existing-home sales rebounded at a record Read More
  Categories : Home Sales, Home Selling, Investment, Moving, Real Estate, Real Estate, Solano County  Posted by kasamalee   , , , , , , , , , , , , , , , ,  No Comments
  Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is huge for homebuyers. Those currently taking advantage of the increasing affordability that comes with historically low interest rates are winning big. According to Sam Khater, Chief Read More
  Categories : Home Sales, Home Selling, Investment, Moving, Real Estate, Real Estate, Solano County  Posted by kasamalee   , , , , , , , , , , , , , , , ,  No Comments
This video was produced by American Canyon Chamber of Commerce. It speaks volume about the heart of this special community. I take pride in building my business through referrals and trust. Looking for a local expert to help you navigate in the current real estate market with results? My team and I can help you through the buying and selling process, do call me at 707-567-1049. https://g.page/kasamaleerealtor?gm   Kasama Lee, RE/MAX Gold – American Canyon 3417 Read More
  Categories : Home Sales, Home Selling, Investment, Moving, Real Estate, Real Estate, Solano County  Posted by kasamalee   , , , , , , , , , , , , , , , ,  No Comments
There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers continue returning to the market at a cautious pace and further improvement could be constrained by lingering coronavirus concerns, economic uncertainty, and civil unrest.” For homeowners who need a little nudge of motivation to Read More
  Categories : Home Sales, Home Selling, Investment, Moving, Real Estate, Real Estate, Solano County  Posted by kasamalee   , , , , , , , , , , , , , , , ,  No Comments
As we’re moving into August 2020, here’s a market update. The market is crazy hot for sellers.  If a home is priced well and is in decent condition, it’s bound to be off the market quickly. Higher-end homes of $700,000+ take a bit longer to sell. Multiple offers organically push the home value upward. My last listing sold at 5% above asking price with 7 offers. Rates are under 3%, subject to credit and financial Read More
  Categories : Home Sales, Home Selling, Investment, Moving, Real Estate, Real Estate, Solano County  Posted by kasamalee   , , , , , , , , , , , , , , , ,  No Comments
 

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