Sellers Have Incredible Leverage in Today’s Market With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: "Housing demand remains strong as buyers l...

• calendar_month November 2, 2021
• category Sellers
• post Battles Real Estate, California, Home Sellers, homes for sale, La Canada, La Crescenta, mortgage rates, real estate, Robbyn Battles, selling

  Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the year and reach 3.0%, rising to 3.5% for full year 20...

• calendar_month November 24, 2021
• category Real Estate
• post 2022, Battles Real Estate, Buyers, Home Values, mortgage rates, Robbyn Battles

If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during ...

• calendar_month January 12, 2022
• category Real Estate
• post 2022, Battles Real Estate, Buyers, California, Glendale, Home Values, Housing, La Canada, La Crescenta, Lake View Terrace, mortgage rates, Robbyn Battles, Shadow Hills, Sunland, Tujunga

  How 3 Recent Bank Failures Could Impact the Housing Market Silvergate Bank. Silicon Valley Bank. Signature Bank. The demise of three banks last week has sent shockwaves through an already fragile economy. Could it have an impact on real estate, too? “The Silicon Valley Bank failure, along with a few other banks, means that the Federal Reserve cannot be so a...

• calendar_month March 20, 2023
• category Real Estate
• post 2023, Buyers, Home Sellers, Homeowners, La Canada, La Crescenta, mortgage rates

The Federal Reserve is meeting this week to decide its next step on interest rates just as its yearlong fight against inflation is colliding with a crunch in the financial sector. The Fed’s next move will be closely watched as recent bank failures are stirring memories of the 2008 financial crisis. Even before the central bank policy decision on Wednesday, investo...

• calendar_month March 21, 2023
• category Real Estate
• post 2023, Banks, Buyers, Economy, Home Sellers, La Canada, La Crescenta, mortgage rates, real estate