by Michael Tilford | Nov 1, 2020 | Buying, Market, Selling
“2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said.1 And he’s right: most of us would have expected the housing market to suffer from...
by Michael Tilford | Aug 1, 2020 | Buying, Market
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage...
by Michael Tilford | Jun 17, 2020 | Buying, Market, Selling
Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume...
by Michael Tilford | May 21, 2020 | Market
The Southern California Real Estate Market is in a state of uncertainty right now due to the COVID-19 pandemic. Although home prices have remained stable throughout the pandemic, economists predict that we are not out of the woods yet. It is predicted that the economy...