Benefits of Buying a Home
Citi One Realty Blog
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1y ago
Top Reasons to Buy a Home Buying a home is a major milestone in life that many people aspire to achieve. Becoming a homeowner offers a sense of stability, security, and independence that can be difficult to replicate through renting or other forms of housing. In this blog post, we will explore the benefits of becoming a homeowner and why it may be worth considering as a long-term investment. 1.Investment Opportunity One of the biggest benefits of becoming a homeowner is the potential for long-term financial gain. Unlike renting, owning a home is an investment that can appreciate in value o ..read more
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Selling Your Home During a Slow Real Estate Market or Recession?
Citi One Realty Blog
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1y ago
My House Didn't Sell So What’s Next? In today’s real estate market which is experiencing rising interest rates this is the question that’s on the minds of many home sellers.   Although we haven't received the announcement by the National Bureau of Economic Research (NBER) that we're in a recession; by the end of summer 2022 we met the general definition of being in a recession with two consecutive quarters of negative GDP Gross Domestic Product. Selling your home during a recession is a lot different from selling your home during good economic times.  Recently  we were c ..read more
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Make Repairs or Just Sell As-Is?
Citi One Realty Blog
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1y ago
GETTING YOUR HOME READY TO SELL Capri sells homes in the San Jose Bay Area, Stockton, Tracy, Central Valley and Sacramento as the broker and owner of Citi One Realty . Specializing in home remodeling, staging, and selling of homes for over 21 years.  Make repairs, or just sell it as-is? This is the question that is on the minds of many homeowners in today's market. Within the past few years home buyers have become more attracted to homes that are in a turn key position, and ready to move into.  Because of today's current events, inflation and rising interest rates home owners will ..read more
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Top San Jose Realtor Discusses Inflation and How it affects Buyers and Sellers in Today's Real Estate Market
Citi One Realty Blog
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1y ago
What Does Higher Interest Rates Mean for Buyers and Sellers? Wonder why gas prices are so high? Or why food is so expensive at the grocery stores?  Or why San Jose homes for sale, and homes all around the country are getting more, and more expensive?  First home prices were up because of supply and demand issues and not enough construction.  Then, home prices were worsened by Covid.  Now, here we are in 2022 and it’s inflation.  Many folks have heard of and been through a recession, but many people do not know what Inflation is because they’ve never lived through or ..read more
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Is San Jose in a Strong Seller's Market?
Citi One Realty Blog
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1y ago
San Jose’s single family housing market suggests that San Jose is in a strong sellers market. The San Jose housing market is a strong seller’s market. This means that homes are selling in less than 20 days after putting them on the market. A hot mark for buyers in February 2081 compared to last year was 107.8%. The comparison to last month was even hotter, at 107.7%. While other markets are showing signs of overheating, the San Jose housing market is clearly in a strong seller’s market. ( Source ) One of the most common mistakes made by novice home-buyers and sellers is to assume that a str ..read more
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Getting Your Home Ready to Sell During & After the Holidays
Citi One Realty Blog
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1y ago
Exciting Tips on Selling Your San Jose Home Fast! I’ve been asked many times by home owners over the years “how can I sell my San Jose home fast?" The answer is in the preparation. 2021 is quickly approaching and just around the corner for home owners thinking about selling their home after the new year. The month of December is usually the time to prepare your home for entertaining and the festive holidays up ahead.  If you are one of the many homeowners that plan on selling their home after the holidays now is actually a good time to start thinking about the type of improvements and ..read more
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How to Win a Bidding War in San Jose's Seller's Market Going Into 2021
Citi One Realty Blog
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1y ago
Great Tips For San Jose Home Buyers & First Time Home Buyers! The pandemic has changed the world of real estate and the way homes are sold in Silicon Valley and Northern California.  Usually during this time of year homes sell at a much slower rate than any other time of the year.  However, because of Covid, all of that has changed. Homes are still selling at a fast rate with only a few days on the market.  Reason is; there is a very low supply of real estate inventory in today’s market.  In fact, the inventory in the San Jose Bay area is about 40% lower than previous ..read more
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Real Estate Opportunity Zones in Residential San Jose
Citi One Realty Blog
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1y ago
Investing in San Jose's residential and commercial properties Opportunity zones have become a very lucrative and popular investment tool for investors all over the country because it allows investors to defer their capital gains tax. They are becoming more and more popular in San Jose, California. Qualified Opportunity funds have attracted an estimated $75 billion dollars in new capital in just two years and are expected to attract much more. Before we go into more detail, let's go over the big question that’s buzzing around. What are Opportunity Zones? How can they benefit a new or a savvy ..read more
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Why Is Now a Good Time to Sell Real Estate?
Citi One Realty Blog
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1y ago
Why Is Now A Good Time To Sell Real Estate? 2020 has indeed been an interesting and strange year. The San Jose real estate market was hit the hardest in Northern California in March of this year. With Santa Clara County and Governor Newson calling a state of emergency. Many home buyers and home owners alike delayed, canceled and put off their dreams while the stay in place order was and still is in effect in many regions of the state. As California is slowly starting to get back into normalcy homeowners and home buyers in San Jose and the rest of the state of California are trying to deci ..read more
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How To Buy San Jose Real Estate With Zero Down Payment
Citi One Realty Blog
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1y ago
Looking For Zero Down Home Loans for First Time Home Buyers in San Jose? If you are a first time home buyer looking to buy San Jose real estate, or real estate anywhere in Northern California there are several different types of Down Payment Assistance government programs that are available to you. These programs allow you to purchase a home or a brand new home with zero down payment. Both CalHFA -FHA, Conventional, VA and USDA loan types are available. It can get a little confusing knowing and understanding all the different programs that are available in California and if you qualify. This ..read more
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