Riverside County Housing Market Update; Q3 of 2022 | Alexandra Crawford Realtor
Alexandra Crawford Realtor Blog
by Alexandra Crawford
1y ago
The Riverside County housing market is ever-changing, making it hard to keep up with the latest trends. That's why we're here to help! In this blog post, we'll give you a snapshot of what the housing market looks like in Riverside County as of Q3 2022.  As of Q3 2022, the average home price in Riverside County is $636,270. This is a decrease by $45,532 from the previous quarter. Experts predict that prices will continue to drop at a steady pace throughout the rest of the year. The number of homes on the market has continued to decrease, reaching an all-time low in Q3. Currently, the ..read more
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San Diego County Housing Market Update: Q3 of 2022 | Alexandra Crawford Realtor
Alexandra Crawford Realtor Blog
by Alexandra Crawford
1y ago
The San Diego housing market is ever-changing, making it hard to keep up with the latest trends. That's why we're here to help! In this blog post, we'll give you a snapshot of what the housing market looks like in San Diego County as of Q3 2022.  As of Q3 2022, the average home price in San Diego County is $989,782. This is a decrease by $87,072 from the previous quarter. Experts predict that prices will continue to drop at a steady pace throughout the rest of the year. The number of homes on the market has continued to decrease, reaching an all-time low in Q3. Currently, there are only ..read more
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Will Increasing Mortgage Rates Impact Home Prices?
Alexandra Crawford Realtor Blog
by Alexandra Crawford
1y ago
There has been some discussion recently on home prices in relation to mortgage rates. Some believe if there is a rapid rise of mortgage rates, home prices should decrease. Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always the case. This theory of home prices decreasing is typically discussed by future home buyers. As a buyer you would like to think if you are paying higher rates on your mortgage, you should be able to see a decrease in cost somewhere else. Unfortunately, these rates are rising because the economy is in ..read more
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Why You Should Consider Selling in the Winter
Alexandra Crawford Realtor Blog
by Alexandra Crawford
1y ago
The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities. Selling in the winter can give you a few advantages. There will be fewer h ..read more
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Common Things to Look Out for Before Buying Your Dream Home
Alexandra Crawford Realtor Blog
by Alexandra Crawford
1y ago
It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in the housing market. It is important for you to be prepared and have your own questions ready. No matter what other opinions you are getting, you are the one buying the home and your comfort level will help make your final decision. Here are three important questions to ask before you purchase a home ..read more
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Is Getting a Home Mortgage Still Too Difficult?
Alexandra Crawford Realtor Blog
by Alexandra Crawford
1y ago
Potential homebuyers are always cautioned to be aware of mortgage lending standards and the difficulty they might face when trying to obtain a mortgage. Credit availability is expanding, making it easier to get a mortgage now than it was a year ago. The market is still tight however, and homebuyers should be prepared to shop around until they find a lender who is offering something that will meet the needs of their family. Mortgage lending companies have high standards so it is important to make sure you and anyone else who will be included on the mortgage have their credit in check. The mort ..read more
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