The 30-year fixed-rate mortgage averaged 3.51% during the week ending Jan. 30, down nine basis points from the week prior according to Freddie Mac. The average rate on the 30-year mortgage is almost a full percentage point lower now than it was a year ago. (Marketwatch)
REI Nation LLC and JWB Real Estate Capital are getting into what is known as the turnkey business in regional markets. They buy, upgrade and lease houses, then sell them to investors. Sellers should know the profits these companies make could be theirs if they upgraded prior to selling. Sellers can do the upgrades with no upfront costs through Compass Concierge. Ask me for more details… (Julie Whitmer)
Population counts released by the Census Bureau showed that 6 of the 7 states with no income tax - Florida, Nevada, Washington, Wyoming, South Dakota and Texas - had population increases from July 2018 to July 2019. Only Alaska, the seventh state, saw population decline, by 0.5%.
Around 2030, 85 million millennials, will start competing to buy homes from only 65 million gen-Xer’s. This supply-demand ratio would imply price escalation.
These are the 10 markets that the National Association of Realtors expects to be the hottest in the nation in the next 3-5 years.
In alphabetical order, the markets are:
1. Charleston, South Carolina
2. Charlotte, North Carolina
3. Colorado Springs, Colorado
5. Dallas-Fort Worth, Texas
6. Fort Collins, Colorado
9. Raleigh-Durham-Chapel Hill, North Carolina
10. Tampa-St. Petersburg, Florida
4 Bed | 4 Bath | $1,750,000 | Julie Whitmer Team
Northridge Hills with pool house! All white kitchen with granite countertops, center island, stainless steel appliances, built-in refrigerator. Freshly painted interior, vaulted ceilings, hardwood floors, new carpet. Separate pool house with Murphy bed, kitchenette and full bath. 3 car attached garage plus 4th car oversized garage. Private backyard backs to open space and features a pool, spa, and built-in BBQ.
Main House: 4 Bedroom | 3 Bathroom | 2,527 SF
Pool House: Murphy bed | Full Bath | Kitchenette
Join me at one of my open houses this weekend! Open February 8 & 9, 1:30-4:00.
4 Bed | 4.5 Bath | $2,795,000 | Compass Listing
Located in the sought-after Sleepy Hollow neighborhood, this picture-perfect cape cod styled home has been extensively remodeled and expanded! Single-level living, open living spaces, high ceilings, crisp moldings, updated finishes, and natural light depict the interior while optimal indoor/outdoor flow is provided by perfectly placed Andersen French doors. Beautifully landscaped, the serene and private exterior serves as a delightful extension of the home providing multiple venues for play, entertaining and relaxation year-round!
Main House: 4 Bedroom | 4.5 Bathroom | 3,600 SF | .62 Acre
Guest House: 1 Living Space | Kitchen | Bathroom | 538 SF
4 Bed | 2.5 Bath | $1,248,000 | Compass Listing
Beautiful Monterey Colonial style gem positioned on a fabulous and sprawling 15,600 sf lot located in highly sought after Brookside. This gorgeous property with it's amazing curb appeal & circular drive boasts 4 bedrooms and 2.5 baths. Features and highlights include all new designer interior/exterior paint, luxury vinyl plank flooring, lighting, moldings, updated baths, kitchen with white cabinetry, stainless steel appliances and granite, dual pane windows & solar owned. Spacious 320+/- sf bonus/sunroom off family room opens to large and private park-like yard. No HOA dues!
2 Bed | 2.5 Bath | $2,499,000 | Compass Listing
This stunning remodel of a historic 1930s home, which has been recognized as a Santa Barbara Structure of Merit, features amazing old-world details while providing the comforts and amenities of a modern home. Completely remodeled, expanded and split into condos in 2005, it features soaring high ceilings with exposed wood, a custom kitchen with honed marble countertops and high-end Wolf and Sub-Zero appliances, a grand master suite with walk-in his & her closets, and a deck overlooking the idyllic tile rooftops of beautiful Downtown Santa Barbara. Tucked away down a private drive across from the El Caserio historic neighborhood, the home is an oasis of tranquility, yet is only steps from all the amenities of downtown.
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.