The Home Loan Collective

01/19/2024

HELP! I need a good CPA who can take on new clients. The CPA's I've worked with for years are overrun with business and others will only take clients with multiple businesses. I'm looking for someone who will help with tax planning and building wealth even for clients with a straightforward return with only one property. Also, they need to be in the greater San Diego area. I'd appreciate anyone that you LOVE!

08/30/2022

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 forecasts (shown in green in the chart below):...

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to - Real Estate - buying a home, fannie mae, forecasts, freddie mac, home appreciation, home prices, homeowner, homeownership, real estate

08/22/2022

The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and the percentage is growing with time.If you’re thinking about buying a home this year, here are just a few reasons why so many people see the value of homeownership....

The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, - Real Estate - buying a home, census population, homeowner, homeownership, real estate

08/18/2022

Our monthly real estate market report includes information about housing prices, inventory, mortgage rates, home sales and market predictions. We summarize news headlines and share important market updates. VIEW THE REPORT Here are some quotes from this month’s report: Over the past five recessions, mortgage rates have fallen an average of 1.8 percentage points from the peak seen during the recession to the trough....

Our monthly real estate market report includes information about housing prices, inventory, mortgage rates, home sales and market predictions. We - Market Trends - days on market, home financing, home loans, home prices, home sales, housing data, housing inventory, housing prices, interest rates, Mo...

08/17/2022

5.0 star review received on Experience.com for Mark Robertson by Digna K - Thank you!

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Regional Vice President NMLS # 321066

08/17/2022

Experts Increase 2022 Home Price Projections

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 forecasts

But why are experts so confident the housing market will see ongoing appreciation? It’s because of supply and demand in most markets. As Bankrate says:

“After all, supplies of homes for sale remain near record lows. And while a jump in mortgage rates has dampened demand somewhat, demand still outpaces supply, thanks to a combination of little new construction and strong household formation by large numbers of millennials.”

Knowing that experts forecast home prices will continue to appreciate...

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased thei...

08/16/2022

What Would a Recession Mean for the Housing Market?

And as more recession talk fills the air, one concern many people have is: should I delay my homeownership plans if there’s a recession? Here’s a look at historical data to show what happened in real estate during previous recessions to help prove why you shouldn’t be afraid of what a recession would mean for the housing market today.

To show that home prices don’t fall every time there’s a recession, it helps to turn to the historical data. Looking at the recessions going all the way back to 1980, home prices appreciated in four of the last six recessions. So, historically, when the economy slows down, it doesn’t mean home values will fall.

Research also helps paint the picture of how a recession could impact the cost of financing a home. Historically, each time the economy slowed down, mortgage rates decreased. Fortune explains that...

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe ...

08/16/2022

Original post by NEO Home Loans In March 2020, at the start of the COVID-19 pandemic, millions of Americans were either laid off or furloughed from work. Unemployment skyrocketed and Congress launched a series of programs allowing Americans to enter into mortgage forbearance and pause their mortgage payments for up to 18 months. A majority of these 18-month windows have been coming to a close over the last year, which has led some to speculate that a home foreclosure crisis is imminent....

Original post by NEO Home Loans In March 2020, at the start of the COVID-19 pandemic, millions of Americans were either laid off or furloughed from work. - Mortgages - buying a home, coronavirus, home loans, home prices, home sales, home value, housing inventory, housing market news, market trends,....

08/16/2022

Many factors go into purchasing a home. Potential homeowners must identify the features they want in their homes and the locations most desirable to them. Considerations such as commuting time, nearby shopping centers, and local schools also play a role when seeking the right home. In the current seller’s market, where homes are selling relatively quickly, having a pre-approved home loan improves the chances that sellers will accept a homebuyer’s offer [1]....

Many factors go into purchasing a home. Potential homeowners must identify the features they want in their homes and the locations most desirable to them. - Mortgages - borrowers, buying power, closing process, home financing, home loans, interest rates, mortgages, pre-approved home loan, realtors

08/15/2022

The U.S. Homeownership Rate Is Growing

The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. If you’re thinking about buying a home this year, here are just a few reasons why so many people see the value of homeownership.

There are several benefits to owning your home. A significant one, especially when inflation is high like it is today, is that homeownership can help protect you from rising costs. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains, “Renters actually have a harder time in inflationary periods, because rents tend to rise along with inflation, whereas mortgage payments stay the same for homeowners with fixed-rate mortgages.”

When you buy a home with a fixed-rate mortgage, you can lock in what's likely your biggest monthly expense – your housing payment – for the duration...

The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year:

08/15/2022

5.0 star review received on Experience.com for Mark Robertson by Jamie N J - The whole team made the process of buying our first home go smoothly! From beginning to end they helped us along the way, and were so easy to communicate with. They went above and beyond to help us get to where we are now.

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Regional Vice President NMLS # 321066

08/12/2022

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]

Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures like the last time. If you have questions about the housing market, DM me.

Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means sign...