The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in […]
Real Estate Articles about California
Articles and information about real estate in California.
The real estate market is constantly changing, stay on top of the latest news and trends in the housing market at Guthrie Group Homes, Real Estate.
A Return to ‘Normal’? The State of Real Estate in 2022
Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the […]
New Build or Existing Home: Which One Is Right for You?
Thinking about buying a new home? You have a choice between a resale home or a new home from a home builder. Homebuyers today are facing a huge dilemma. There simply aren’t enough resale homes for sale.1 Nationwide, there were 1.27 million active listings in September 2021, down 13% from the previous year. According to […]
5 Reasons to Sell Your Home During the Holidays
A common myth in real estate is that homes don’t sell during winter or the holiday season. Well, I’m here to bust that myth! Yes, homes do sell during the holidays! Certainly fewer homes are sold in the “off-season”, which is one of the main reasons to put your home on the market during late […]
Is the Housing Market Cooling? It Could Be Good News for Buyers!
The housing market in California has been red hot since last July (2020) with home sales for the first half of 2021 surging above last year by 34 percent. Home prices, meanwhile, continue to climb with the statewide median price-setting record a high of $811,170. However, statewide median price dipped from the record high in […]
9 Tips for Buying and Selling Your Home at the Same Time
Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re already feeling drained by the complex logistics of trying to sell and […]
Where is the Real Estate Market Really Headed? 5 Factors That Reveal All
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country. News website The Atlantic summarized the sizzling home […]