Novak Realty, LLC
Karen C. Carey, REALTOR®

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LA Charmz News You Can Use
Friday, August 17, 2018

Some Highlights:

  • Interest rates are projected to increase steadily heading into 2019.
  • The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
  • Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home!
Thursday, August 16, 2018
Housing Market: Another Gigantic Difference Between 2008 and 2018 | Simplifying The MarketSome are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis. However, there is a major difference between the two markets. Last […]
Wednesday, August 15, 2018
Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts | Simplifying The MarketIt should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising, however, is that 78% of […]
Tuesday, August 14, 2018
Have You Outgrown Your Starter Home? | Simplifying The MarketFor many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. It may seem hard to imagine that the first home you purchased (which […]
Monday, August 13, 2018
Are You Thinking of Selling Your Home? Competition Is Coming! | Simplifying The MarketThe number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. […]

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