While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March 2020, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated […]
How Californians Feel About the Real Estate Market (January 2021)
JANUARY 2021 CALIFORNIA HOUSING SENTIMENT INDEX Each month C.A.R. surveys 1,000 California consumers regarding their sentiments about various aspects of the housing market or the economy that directly impact housing to create a California Housing Sentiment Index. The results of the individual indicators are combined into an equally – weighted diffusion index (where anything over […]
2020 Real Estate Market Recap
Well, folks, it’s been a long and difficult year for everyone. We will certainly be glad to ring in the New Year, and I’m sure you feel the same way. With 2020 wrapping up and 2021 only a few weeks away, we thought it would be a good idea to do a year-end wrap-up post […]
The New Normal: A Strong Housing Market Expected to Continue into 2021
2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies.” ~ Daryl Fairweather1 And he’s right: most of us would have expected the housing market to suffer from circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages. But, rather than […]
Meet Our New Team Member – Brittany Armenta
We would like to introduce you to our new team member, Brittany Armenta. 👏🏻👏🏻👏🏻 We’ve known Brittany for many years since she was a young girl, and her parents as well, who are past clients. We are excited to have Brittany join Guthrie Group Homes at this time! Here’s a Little About Brittany She has […]
How Californians Feel About the Real Estate Market (September 2020)
September 2020 California Housing Sentiment Index Each month C.A.R. (California Association of Realtors) surveys 1,000 California consumers regarding their sentiments about various aspects of the housing market or the economy that directly impacts housing to create a California Housing Sentiment Index. The results of the individual indicators are combined into an equally- weighted diffusion index […]
The Real Estate Market Takes a Sudden Turn
It seemed to happen overnight. The residential real estate market here has turned! Taking advantage of unbelievably low mortgage interest rates, buyers are now out in force. We are seeing multiple offers on properties. We just had a listing that had 10 offers! All but one over asking price. This is happening all over! […]
