Wanda & The Torres Team Team - DRE#01822677's Blog Posts

Will My House Still Sell in Today’s Market?

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand

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Expert Forecasts on Mortgage Rates

If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but

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Why You May Want To Start Your Home Search Today

If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices,

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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

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Why It’s Still a Sellers’ Market

As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to 

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Three Reasons To Buy a Home in Today’s Shifting Market

Some Highlights·        The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking

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Can a Seller Back Out after a Low Home Appraisal?

Can a Seller Back Out after a Low Home Appraisal?Low appraisals have become the norm for the inflated real estate industry lately and for good reason. Bidding wars have caused home prices to inflate

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Should I Buy a Home Right Now?

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that

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Homeownership Could Be in Reach with Down Payment Assistance Programs

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down

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Homeownership Is a Great Hedge Against the Impact of Rising Inflation

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of

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Home Price Deceleration Doesn’t Mean Home Price Depreciation

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To

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What Are the Best Options for Today’s First-Time Homebuyers?

If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to

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Luxury Homes Are in High Demand

As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent

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Why Summer Is a Great Time To Buy a Vacation Home

You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the

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How Homeownership Can Bring You Joy

If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons

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Will Home Prices Fall This Year? Here’s What Experts Say.

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you.&

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On the Fence of Whether or Not To Move This Spring? Consider This...

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on

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Your House Could Be Closer to List-Ready Than You Think

One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your

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The Dream of Homeownership Is Worth the Effort

If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a

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Where Are Mortgage Rates Headed?

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American:“You know, the

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The Future of Home Price Appreciation and What It Means for You

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the 

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There Are Several Great Reasons To Consider Buying a Condo Today

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.Here are a few reasons

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What You Can Expect from the Spring Housing Market.

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors

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The Average Homeowner Gained More Than $55K in Equity over the Past Years

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on

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How To Navigate a Market Where Multiple Offers Is the New Normal

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing

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Are Home Prices Continuing To Rise?

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price

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Millennials: Do You Need a Home with More Space?

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National

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4 Simple Graphs Showing Why This Is Not a Housing Bubble

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in

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Mortgage interest deduction: What you need to know for filing in 2022

Buying a home has never been more expensive, but if you can find one you can afford, there’s some good news after you move in: You might be able to take advantage of the mortgage interest

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Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers

If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for

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Are You a Homeowner Thinking About Climate Change?

Americans are more aware than ever of the effects climate change and natural disasters can have on their homes. According to a report from realtor.com:“More than 3 in 4 recent

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How Much House Can I Afford?

How much house you can afford is directly related to the size and type of mortgage you can qualify for. Understanding how much you can comfortably spend on a new mortgage while still

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What’s Going To Happen with Home Prices This Year?

After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home

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How To Hit Your Homebuying Goals This Year [INFOGRAPHIC]

Some HighlightsIf you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals.It’s important to start working on your credit and saving

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Why Selling Your House with a Real Estate Professional Is Essential

Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult

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Homebuyers: Be Ready To Act This Winter

To succeed as a buyer in today’s market, it’s important to understand which market trends will have the greatest impact on your home search. Danielle Hale, Chief Economist at .

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2022 Housing Market Forecast [INFOGRAPHIC]

Some HighlightsWhat does the coming year hold for the housing market? Here’s what experts project for 2022.Mortgage rates are projected to rise and so are home prices.

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Two Reasons Why Waiting To Buy a Home Will Cost You

If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year

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How To Think Strategically as a Buyer in Today’s Market

The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning

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Why Now Is a Great Time To Sell Your House

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low 

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4 Ways Homeowners Can Use Their Equity

Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity

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Housing Inflation Is Getting Worse. Will Biden’s ‘Build Back Better’ Program Help Renters and Buyers?

Whether you’re looking to rent or buy a home, one thing is true: It’s gotten a lot more expensive.The latest edition of the Consumer Price Index found that the pace of inflation has hit

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Should I Update My House Before I Sell It ?

Some HighlightsIf you’re deciding whether you should make updates before you sell your house, lean on your agent to be your guide.If the market is flooded with

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Does Your House Have What The Buyers Want ?

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for

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Knowledge Is Power When It Comes to Appraisal & Inspection

Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving

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Important Distinction -: Homes Are Less Affordable, Not Unaffordable

It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most

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What Do Past Years Tell Us About Todays Real Estate Market?

As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve

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Experts Agree - Homeownership Provides a Path to Long-Term Wealth

 A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given

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The Big Question | Should You Renovate or Move?

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey

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The Points To Understanding the Rise in Mortgage Rates

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced

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Two Reasons Why Waiting for a Year To Buy Could Cost You More

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better

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Number of Homes for Sale Are Finally Growing?

An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit

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Understand Your Options To Avoid The Foreclosure

ven though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the

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Reasons Why You Should Consider Selling This Fall

Reasons You Should Consider Selling This FallIf you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we

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Why 2021 Is the Year To Sell Your House?

If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI)

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Short Sale? What is that?

A short sale is the sale of a real estate property for which the lender is willing to accept less than the amount still owed on the mortgage. For a sale to be

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Coronavirus (COVID-19) Updates by CAR

Sharing the Highlights from CAR.orgCoronavirus (COVID-19) UpdatesDATE: AUGUST 19, 2020, 10:10 A.MC.A.R. releases new California Coronavirus Weekly Recap newsletter​​In This Issue:​The Economy

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'Can I Buy a House With Bad Credit?'

Getting a Mortgage with Bad CreditIf you have bad credit and fear you’ll face a loan denial when applying for a mortgage, don’t worry. You may still be able to get a mortgage with a low

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Your Steps to Homeownership with CalHFA

Step 1Learn about CalHFA’s financing options and eligibility requirements.Most people borrow the large amount of money they need to buy a home. This type of borrowing is called a first

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Spooky Brownies Perfect to Kick off October!

These decadent and fudgy brownies are worth making from scratch. But, if you're in a time crunch, feel free to sub in your favorite boxed mix. You can also switch up the candies to better suit

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‘Hipsturbia’: It’s What All The Cool Suburbs Are Doing And It’s A 2020 Trend

‘Hipsturbia’: It’s What All The Cool Suburbs Are Doing And It’s A 2020 TrendBrooklyn is the template for hipsturbia, a 2020 trend for real estate developers. Photo credit:

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Barack And Michelle Obama Are Buying Martha's Vineyard Estate From Boston Celtics Owner

Barack and Michelle Obama, the former U.S. president and first lady, rented a seven-bedroom home on Martha’s Vineyard this summer and decided to stay. The Obamas now have the property, with a

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California home sales perk up in July for first time in more than a year

California home sales perk up in July for first time in more than a year, C.A.R. reports- Existing, single-family home sales totaled 411,630 in July on a seasonally adjusted annualized rate, up

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Buy Your First Home in One Year

A Step-by-Step GuideA real yard. Closets bigger than your average microwave. The freedom to decorate however you darn well please! Making the switch from renting to owning is exhilarating, but many

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Buy Your First Home in One Year: A Step-by-Step Guide

Buy Your First Home in One Year: A Step-by-Step GuideA real yard. Closets bigger than your average microwave. The freedom to decorate however you darn well please! Making the switch from renting to

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Understanding Appraisals for First Time Home Buyers

Home ownership is the ultimate dream for many in the United States, but going through it for the first time can be a daunting process. We find that first-time home buyers often misunderstand one of

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Why the Time to Buy is NOW!

For the vast majority of us, owning a home is part of the American Dream. According to a study conducted by the NATIONAL ASSOCIATION OF REALTORS®, 87 percent of those polled cited owning a home as

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Thinking About Buying a Second Home?

Are you interested in buying second home? You may be wondering how to go about buying a second home. Whether you’re looking to buy a second home as a vacation property for summers or winters, or

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