Author: rastalimon

I want to tell you about something that’ll make the decision to sell your house a whole lot easier. It’s called equity. And chances are, you have a lot more of it than you may realize. And that can be a real game changer when you get ready to buy your next home.

Here’s how it works. As you pay down your home loan, and as home prices rise, your equity does too. And here’s the best part. Because home prices have been climbing so much, your equity has likely grown quite a bit. According to CoreLogic, over the past year alone, homeowners have gained record amounts of equity. So, when you sell your house, you can use that equity to help fuel your next move. It may be enough to cover some – if not all – of the down payment on your next home. Your equity can take you places.

The average home’s equity in this country has appreciated by sixty-four thousand dollars over the past twelve months alone. Work with me to find out how much you have, and how you can use it to help power your next move.

Please feel free to reach out to me with all your real estate needs.

I look forward to working with you!

In today’s shifting housing market, overpricing your home is a mistake. Most sellers I work with want to maximize their sales price, minimize the hassles, and sell their house as quickly as possible. But while we’re still in a sellers’ market, things have changed from just a few months ago, and we need to consider how to price your house based on where we are right now.

Here are a few of the benefits of pricing your house right. When you price it at market value, you’ll help boost interest in your home so you can attract more buyers. And when you do, you’ll maximize your sales price.

Plus, when you price your home right, it’ll sell faster. That’s why you don’t wanna overshoot your target price. Price it too high, and it’ll sit on the market or require a price reduction. Price it too low, and it may lead buyers to think something’s wrong. Hitting a bullseye is what I do. And as your agent, I’ll look at all the factors to help you maximize your sales price in today’s shifting market.

Thanks for joining me!

Please feel free to reach out to me with all
your real estate needs.

I look forward to working with you!

No doubt, everywhere you turn someone is talking about the housing market, and many people are asking the question: “Should I buy a
home right now?”

It’s true that the real estate market is shifting away from the intensity we’ve seen over the past two years, but that doesn’t mean it isn’t a good time to buy a home or that prices will go down. Take a look at estimated home price appreciation over the next five years. It’s from the Home Price Expectation Survey. Every quarter over one hundred housing market experts are surveyed on where they see prices going. They forecast just over nine percent appreciation for this year and healthy appreciation for the next four years after that.

So, if you’re looking to buy, you can confidently do so knowing that experts are projecting ongoing price appreciation. Once you buy a home, that appreciation will help you gain equity and build your wealth over time. And with more inventory coming to market, now may be the right moment for you to begin the home search you’ve been putting off.

Wanna know if we’re in a housing market correction right now? The answer is no. And I can tell you why. Take a look at this.

While the market is undergoing a shift, it’s certainly not going through a correction. That’s because there’s a significant difference between a correction and what we’re seeing today. Forbes defines a correction as a decline of ten to twenty percent in the value of a market index or price of an asset. But home prices aren’t falling, they’re just rising at a slower pace. Experts are still projecting over eight percent home price appreciation this year. While that isn’t the same as the record-breaking home
price appreciation we saw last year, it’s certainly not a decline of ten percent or more. So don’t let the headlines fool you.

If you’ve got questions about the housing market or where we’re headed for the rest of the year, let’s connect. I can help answer
those with the data to back it up.

Thanks for joining me on The Roylin Report!

Inflation has hit a forty-year high. Now, if you’re thinking about buying a home, this news may make you wonder if you should wait. Here’s what you need to remember. In times like these, you wanna be invested in an asset that outperforms inflation. That’s where homeownership comes in.

This graph shows the average inflation by decade compared to home price growth going all the way back to the seventies. The blue bars are the average inflation rates in each decade. And the green bars are the average home price appreciation. What this really tells us is that in most decades, housing has outperformed inflation.

The big takeaway here is history helps prove homeownership is a great hedge against inflation.

So, if you wanna buy a home today, don’t let the latest news stop you. Let’s connect so you have a local expert on your side to give you the homebuying advice you need every step of the way.

Welcome to The Roylin Report – your source for what’s happening in real estate right now! I’m your host, Roylin Downs. And don’t forget to subscribe, so that you don’t miss out on what’s happening in real estate!

One thing’s for sure, if you’ve been trying to buy a home over the past two years, you’ve probably faced your fair share of challenges. Two big ones stand out to me. The limited number of homes for sale, and the intensity of bidding wars. But, here’s the good news. Things are starting to shift. Take a look at this.

This graph shows housing inventory is increasing. And that means you have more options for your home search. That’s because more homeowners are listing their houses for sale right now, and rising mortgage rates are moderating the market. So, some of the frenzy is actually cooling off.

This is huge if you’ve been worried you won’t be able to find a home to buy, or if you’ve been outbid too many times to count. So, if you’ve put your home search on pause, it may be time to re-enter the market. It won’t be easy, since inventory is still low overall, but it definitely won’t feel as impossible as it has in recent years.

If you’re ready to get started, let’s work together to explore those options and find you the home of your dreams.

Thanks for joining me on The Roylin Report – your source for what’s happening in real estate right now! I’m Roylin Downs. Please feel free to reach out to me with all your real estate needs. I look forward to working with you!

Welcome to The Roylin Report, your source for what’s happening in real estate now. I’m your host, Roylin Downs.

So I thought I’d offer a quick update on what’s happening with mortgages because I got an update this last week from Lynda Bernal, who’s our in-house lender. She’s with Prosperity Home Mortgage and she wanted to let us know what’s happening with the Fed because it has an effect on our interest rates now.

The Fed had a two day meeting this past week and they hyped the Fed Funds Rate by three quarters of a percent. It was than the half percent that they had been planning. So it kind of was an interesting shift and people want to know why that happened. This is important because large rate hikes are a strong signal that the Fed is getting serious about working on inflation and getting it back down to the stated target of 2.3% for 2023.

So what happened with that?

The stock market and bond markets both reacted favorably with mortgage bonds ending the day at a whopping 122 basis points up. We probably all saw that but we didn’t quite necessarily correlate what happens.

So what does it mean to us in the real estate market? Well, it means that mortgage rates should improve especially if the bond trend continues. So here’s the deal. We’re gonna keep our eye on it. You and I. I will keep updating you on
where interest rates are going. And if you have any questions about your particular situation, please don’t hesitate to
check out my information, and Lynda Bernal’s information that I’ll be putting in the box below.

I will look forward to reaching out and helping you with all your real estate needs. Thanks so much and I look
forward to working with you.