As we move into 2025, the housing market is poised for notable shifts that present both challenges and opportunities for home buyers and sellers. Experts predict a more balanced market, with increased inventory and moderated price growth, offering potential advantages for those looking to enter or exit the market. Increased Inventory and Stabilizing Prices Realtor.com…
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As of February 13, 2025, the average rate on 30-year fixed home loans has decreased to 6.87%, down from 6.89% the previous week. This marks the lowest rate observed so far in 2025, though it remains higher than the same period last year. Despite a rise in the 10-year Treasury yield and persistent inflation concerns,…
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California has recently enacted progressive legislation to streamline the construction of Accessory Dwelling Units (ADUs), offering homeowners and real estate investors new opportunities to enhance property value and address housing needs. In September 2022, Governor Gavin Newsom signed Assembly Bill 2221 into law, clarifying ADU development rules and closing regulatory loopholes. This legislation reduces arbitrary…
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As we approach 2025, the new home construction market is shifting toward affordability and efficiency, presenting promising opportunities for homeowners considering building their dream homes. Builders are focusing on constructing smaller, more affordable homes to meet the growing demand from first-time homebuyers and those seeking cost-effective living solutions. This trend is expected to continue, with…
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