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5 Top Tips For Purchasing Your New Home

It's a great time to buy a new home because there are quite a few Solana Beach homes for sale and interest rates have continued to stay comparatively low. Whether it's your first time purchasing real estate or you're a seasoned professional, here are a few tips to make shopping for a new house more pleasurable. 1. Get Help Searching through all of the available properties on the market can be mind-boggling. Find a professional real estate agent to help guide you through the homes for sale and select one that meets your family and financial needs. 2. Start Looking…
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Home Prices Accelerate In 2013 WIth Double Digit Growth

Last week, the S&P/Case-Shiller Index showed home prices gaining 8.1 percent during the 12-month period ending January 2013, marking the largest year-over-year increases since the summer of 2006. The Case-Shiller Index measures changes in home prices by tracking same-home sales throughout 20 housing markets nationwide; and the change in sales price from sale-to-sale. Detached, single-family residences are used in the Case-Shiller Index methodology and data is for closed purchase transactions only. All 20 Case Shiller Index Markets Show Growth Between December 2012 and January 2013, home values rose in all 20 Case-Shiller Index markets, with previously-hard hit areas such as…
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What’s Ahead For Mortgage Rates This Week: April 1st, 2013

European Market Jitters Continue To Affect The US Economy Mortgage rates fell last week as investor concerns over the European economy grew. Fears of growing differences between wealthier European nations and European nations needing economic aid brought higher bond prices and lower mortgage rates. Positive news for Cyprus came when an agreement for an EU bailout was reached, but strict terms indicate that Germany and other nations are growing less enthusiastic about bailing out the banks of EU nations with shaky economies. Meanwhile, the Italian government has not been able to agree on a coalition government, which reduces the chances…
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3 Common First Time Home Buyer Mistakes Can Cost Thousands

Buying real estate for the first time is a very exciting step in life. It is likely to be one of the biggest financial commitments that you make, so it's very important to navigate the purchasing process wisely. Many first-time home buyers make rookie mistakes that bring on negative consequences and a lot of frustration. Outlined below are common errors home buyers make, so you can learn from their missteps and avoid them yourself. 1. Buying More Than What You Can Truly Afford Just because the bank says that you qualify a certain amount for a mortgage doesn't mean that…
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