Real Estate News Archives

Buyers Are Finding More Space in the Luxury Home Market

Major Change in the Luxury Home Market This Year! A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be, including here in Roseville CA and our neighboring Granite Bay. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for these upgrades in the luxury market. The Institute for Luxury Home Marketing (ILHM) explains: “With quarantine concerns still top of … Continue reading...

Real Estate Market Update September 2020

Real Estate Market Update September 2020 Roseville Sacramento Area Here are some real estate market updates for September 2020 for my city of Roseville as well as some of the surrounding cities of special interests to some of my real estate clients. I'd love to hear your thoughts as you review these. You can leave them in the comments below or over at my Facebook real estate page - @KayeSwainRealEstateAgent. (And remember, you can always find the most current real estate market updates for our area by clicking HERE.). 😀 Placer County Roseville Real Estate Market Update September … Continue reading...

It’s Not Just About the Price of the Home in Roseville

It's Not Just About The Price of the Home? When most of us begin searching for a home in Roseville CA, we naturally start by looking at the price of the home in Roseville. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates are actually making homes more affordable now than at any time since 2016, and here’s why. Today’s low rates are off-setting rising home prices in Roseville and throughout our country because … Continue reading...

Mortgage Rates & Payments by Decade [INFOGRAPHIC]

Check out these mortgage rates! Can you believe how mortgage rates have varied over the past several decades?!? Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Low mortgage rates help to propel a strong housing market. Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant. Let’s connect to determine the best way to position your family for a financially-savvy move in today’s Roseville CA market with such terrific mortgage rates! … Continue reading...

Homes Are More Affordable Right Now Than They Have Been in Years

Houses have not been this affordable in years via Kaye Swain

Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report from Black Knight: “While home prices have risen for 97 consecutive months, July’s record-low mortgage rates have made purchasing the average-priced home the most affordable it’s been since 2016.” How is that possible? Black Knight continues to explain: “As of … Continue reading...

Two Reasons We Won’t See a Rush of Foreclosures This Fall

Rush of Foreclosures This Fall is unlikely

Rush of Foreclosures Coming? The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a rush of foreclosures like we saw in 2008. The market today, however, is very different from 2008. The concern of more foreclosures based on those that are out of work is one that we need to understand fully. There are two reasons we won’t see a rush of … Continue reading...

A Remarkable Recovery for the Housing Market

Many Hopeful for Remarkable Recovery for Housing Market For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a remarkable recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, homes are being purchased at an accelerating pace, and it’s keeping the housing market and the economy moving. Here’s a look at what a few of the experts have to say about today’s astonishing recovery. … Continue reading...

Is the Health Crisis Driving Buyers Out of Urban Areas?

Many Homebuyers Leaving the Urban Lifestyle. The pandemic has caused consumers to re-examine the components that make up the “perfect home” in an urban area, handy to shopping, entertainment, and more. Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban (yay - Roseville CA is a lovely suburban option) or rural life (less congested which includes places like Penn Valley, Forest Falls and more in Placer County). The fascination with an open floor plan seems to be fading … Continue reading...

Three Reasons Homebuyers Are Ready to Purchase This Year

Homebuyers Survey Has Great News for Home Sellers! A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective homebuyers. The results indicated 53% of all buyers, including Roseville homebuyers, are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons homebuyers are more likely to move this year (see graph below): Let’s break down why these are a few of the key factors motivating buyers to actively engage in the home search process, and the corresponding wins for sellers as well. 1. Low … Continue reading...

Roseville Area Home Prices: It’s All About Supply and Demand

Wondering About Roseville Home Prices? As we here in the Roseville and Sacramento area enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on our Sacramento Greater Valley area including Roseville home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come here in Roseville and beyond. Too Few Homes For Sale Making our way through the month of June and entering the second half of the year, we face an undersupply of homes on the … Continue reading...