real estate update Archives

Real Estate Market in Roseville CA In Fall 2020

Golf view home for sale in Roseville CA listing present by Roseville REALTOR Kaye Swain T

A Year for the History Books! This has definitely been an unusual year, leading to an unusual real estate market in Roseville CA, as well as throughout the United States! For many in America, real estate totally shut down for at least a month if not longer. Here in Roseville, we were able to keep working, at least to some extent, albeit with major limits. Then we were declared to be essential workers (hooray!) and allowed to keep working with fewer limits. We still can't do normal open houses and we do have some extra steps to take and extra forms to sign AND to post. But overall, it's … Continue reading...

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...

The Latest Unemployment Rate Fell to 8.4%

Unemployment Rate Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough to look at this as great news when millions of Americans are still without work, the number of unemployed is currently much lower than most experts had projected it would be just a few months ago. Not Like the Great Depression or Even the Great Recession Jason Furman, Professor of Practice at Harvard explained: “An … 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...

FOUR Great Options to Help You Retire in Roseville CA!

Ready to Retire in Roseville CA? Are you looking to retire in Roseville CA? Did you know there are FOUR lovely active senior retirement communities Roseville CA enjoys? Long time readers might, as I've shared about each of them here and there in my blog posts. I've even compared two of them - The Club at Westpark-Del Webb and Del Webb Sun City Roseville CA. Plus I've done a couple of virtual open houses with homes for sale in Sun City Roseville - including this virtual open house for a lovely home that is a delightful Regent floor plan with two masters that is still available. I've also … 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...

Why Foreclosures Won’t Crush the Housing Market Next Year

Foreclosures may happen but hopefully not more than the norm

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of foreclosures is expected to be much lower than what this country experienced during the last recession. Here’s why. According to Black Knight Inc., the number of those in active forbearance has been leveling-off over the past month (see graph … Continue reading...

Where Is the 2020 Housing Market Headed for the Rest of the Year? [INFOGRAPHIC]

Infographic showing real estate market updates for the nation

2020 Housing Market - Looking Forward - Broad Strokes Here is some handy information about where experts think the 2020 housing market for the United States is headed for the rest of the year. And wow! Buyers - you have to love those interest rates! Local 2020 Housing Market Updates Of course, the graph above, showing 2020 housing market updates is very general to cover the whole country. Most of us are especially interested in our own local market. Here is some info to help see what has been happening in our local counties the past few months, which can give us a hint on how things … Continue reading...