April 11th, 2016 at 10:00 am
If “Why Now is the Perfect Time to List: Part 1” didn’t convince you that now is the right time to sell, we’ve compiled a few more reasons why you should consider putting your home on the market. If you haven’t yet read Part 1, be sure to take a look for four more reasons. (more…)
April 7th, 2016 at 10:00 am
Diane Cannon of our Laguna Beach office is one of the top-producing agents in our company’s vast national network of residential real estate professionals. For 28 years, Diane has lived and worked in the highly competitive Laguna Beach market. She is highly regarded by her peers, and has represented multiple generations of clients in the sale and purchase of premier properties.
With the busy spring and summer seasons upon us, we asked Diane to share her thoughts on how clients should go about selecting an agent who will fulfill their needs and goals. Below is her list of questions to always ask the agents you interview before putting your home on the market:
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April 4th, 2016 at 2:00 pm
Thinking about selling your home? Now’s the time! As a homeowner in Southern California you’re perfectly positioned to sell your home with ease. In this two part series we outline what makes selling right now such a good idea. Be sure to check back next week for more reasons to sell.
Right now the real estate industry is experiencing historically low inventory, making it the perfect market for homesellers. When inventory is low, homeowners are more likely to receive offers that closely match or are higher than the listing price. Additionally, homes move a lot quicker when inventory is low. It’s not uncommon for homes to sell within days or just a few short weeks after they are put on the market.
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February 10th, 2016 at 10:00 am
Our agents are committed to finding a home for their buyers that makes their heart skip a beat, a home that they immediately can picture themselves spending the rest of their lives in. We asked Marco Rufo, an agent with our Pacific Palisades office, for his input on what he thinks it takes for a home to make a buyer fall in love. (more…)
February 1st, 2016 at 10:00 am
The good news: Adjustables are low and it’s a seller’s market
The Federal Reserve Bank’s decision to raise its benchmark interest rate by .25 percent has been the talk of the financial and real estate world since it was announced last Dec. 16.
To gain some insight, we asked David M. Cabot, our President and CEO, for his take on the situation.
Q: Why did the Federal Reserve Bank raise the rate?
A: The Fed was waiting for the economy to be stronger, and they believe it is now. The rate determines what the banks pay to borrow money from the Fed. But the banks can set their own rates for consumers, and they do. This is the first rate increase in seven years.
It’s interesting that they made a decision to do it now because they’ve been wanting to for over a year. I’m not an economist, but 2 percent economic growth is very, very modest. If we were growing at 3 or 4 percent, an interest rate hike would be a welcome thing in the business world. But at 2 percent, we’re not really certain. If we don’t start at a point where we have some growth, we’re never going to get above zero. It’s probably a wise thing from a macroeconomic point of view.
