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You are here: Home / Archives for Market Reports

Market Reports

How to Save for a Down Payment in 7 Steps: A Guide for Southern California Homebuyers

The dream of owning a home in Southern California is alive and well, especially in scenic communities like Topanga, with its rustic charm and proximity to city life. However, with home prices in the region averaging around $1,200,000, saving for a down payment can feel like Continue Reading

Are Mortgage Rates Going Down in 2024? A Simple Guide

What’s Happening with Mortgage Rates? So, are mortgage rates dropping? The answer is yes! As of August 5th, the average 30-year fixed mortgage rate went down to 6.43%. This is the lowest it has been since April 2023. For people thinking about buying a home, this is a great Continue Reading

Home Prices in Topanga Canyon Are Coming Down: Now is the Time to Buy!

Are you looking for Topanga real estate? If you have been dreaming of owning a home in Topanga Canyon, now is a fantastic time to turn that dream into reality. Home prices in this beautiful area are coming down, making it an excellent opportunity for buyers. Whether you are Continue Reading

Elon Musk Says Home Prices Are Going To Fall—Is The World’s Richest Person Right?

That’s what Tesla and SpaceX founder Elon Musk tweeted last week in response to a stream of tweets from venture capitalist David Sacks. In that series, Sacks claimed that Fed rate hikes and the increased borrowing costs they led to are causing a slew of problems Continue Reading

How Much Homeowners Insurance Do You Need? A Quick Guide

Homeowners insurance is essential in safeguarding your home, personal belongings, and finances from unforeseen events, such as natural disasters, theft, or damage. However, determining the appropriate amount of coverage can be challenging for many homeowners. This quick Continue Reading

Homebuyer Confidence Increases — Is The Housing Market Rebounding?

Fannie Mae's Home Purchase Sentiment Index increased by 3.7 points last month. While still low overall, it raises questions about the direction of home prices this year. Prospective homebuyers are getting a little more hopeful that mortgage rates will come down, and a Continue Reading

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