Emilio Garma, Mortgage Loan Officer

08/17/2022

Home price appreciation for 2022 expected to be much higher than original 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.

07/22/2022

Couldn’t be happier for my good friends and on the purchase of their new home and grateful that they trusted me with their home buying process.

Also got to work with who was a true professional. Looking forward to working w her to get more clients into homes.

07/20/2022

Owning a home is one of the best hedges against rising inflation.

"You get the benefit of the added security of owning your home in a time when experts are forecasting prices to continue to rise"

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up.

07/11/2022

Interest rates drop about 0.5%, which translates to about a $100 per month savings on your mortgage.

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent.

06/28/2022

"..limited number of homes for sale and the intensity of bidding wars...have reached a turning point"

The increase in New Listings combined with the slow down in buyer demand have contributed to inventory growth, which means more buying opportunities.

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years.

05/17/2022

As interest rates increase, some buyers may decide to wait for rates to come back down. But, today's rates averaging 5.5% today are still significantly lower than the 8% historical average. We may not get back to lower rates any time soon, and if we do, you can always refinance!

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you.

05/02/2022

Lack of supply is continuing to fuel rising home prices. This will continue for several years as builders catch up to the level of demand.

If you’re planning to sell your home this season, rising prices are great news for you.

04/26/2022

"In inflationary times, it’s especially important to invest your money in an asset that traditionally holds or grows in value."

Going all the way back to the 70's, home values outperformed or kept up with Inflation in most inflationary times. The main outlier was the 2000's due to the Housing Bubble of '07 (only lagged by 0.3%)...but look at how your home has outperformed inflation in 2020 and 2021!

If you’re following along with the news today, you’ve likely heard about rising inflation.

04/22/2022

Saying “goodbye” to a great one! New town but with the same great company!

04/20/2022

"Serious buyers should approach rising rates as a motivating factor to buy sooner..."

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%.