• Who Pays the REALTOR®? • Did you hear that the National Association of REALTORS® (NAR) and the Real Estate Brokerages settled the big Sitzer lawsuit after losing in court? Starting August 17, 2024, advertising Buyer’s Agent compensation will be banned from the MLS in San Diego due to the landmark ruling.
• Urged to Beat the Rush • If you’ve been feeling demoralized about the housing market, there’s some good news swirling. After a grim 2022 and 2023, it looks like the rest of 2024 is shaping up to be less hostile toward home buyers.
• Wise Ways to Make a Winning Offer • Spring is here and people in San Diego are on the move. Buyers and Sellers are shaking off those winter blues, ready for a fresh change of scenery — a new place, a new start.
• Better Advice Than Your Uncle Larry • Big waves are hitting the San Diego housing market, and it’s not just the surf! Today we unpack the latest decisions to resolve class action real estate lawsuits and the proposed settlements on commission litigation.
• Are We Doomed to High Interest Forever? • When the pandemic started, interest rates were lowered to nearly zero, which lowered mortgage rates for homebuyers to a low of 2.65% on a 30-year fixed rate mortgage—a record low.
• How to Buy a House with an ADU to Lease as Rental Property • Buying a house can be full of difficult decisions, and for people looking for a different way to help pay for their mortgage every month, buying a home with an attached rental unit might just provide a monthly bump.
• Weighing the Perks & Risks of FHA 203k Loans • Shopping for a home loan in today’s mortgage market can be very intimidating, given all of the recent changes in interest rates.
• A Calmer Space for Decision Making • If you want to buy a house in San Diego, there’s good news: prices are declining for the first time since the pandemic began and the real estate market is normalizing. In fact, the median home price dropped 4 percent from May to June.
• Waiting Out for a Housing Crash • Two years in, this decade has already brought a global pandemic, record-setting inflation, rising interest rates, and a country more divided than ever before. So why not a housing crash too?
• Crucial Questions to Answer Before Hiring a Real Estate Agent • Real estate agents are a crucial component of your real estate success. These licensed professionals can help you understand the home buying process, give you expert advice and bring smart strategies to the table.