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Dana Estates Real Estate Updates

Homeowners Out-Earned Job Holders in 2021

One of the sharpest and best reads around is from Jay Voorhees @ JVM Lending. Earlier this week he wrote this: Owning A House Was More Profitable Than Having A Job Last Year A few weeks ago, I blogged about the reluctance of sellers to list their properties in the face of so much uncertainty. But […]

There Won’t Be a Wave of Foreclosures in the Housing Market

When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience a wave of foreclosures like what happened after the housing bubble 15 years ago. […]

Why Now Is a Great Time To Sell Your Dana Estates House

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter. So, that means more […]

Will Zillow’s iBuyer Closure Result in a Wave of Bay Area Home Sales?

Zillow’s iBuyer Program Closes Zillow Group had a division that would make computer generated offers on a homeowner’s home, with the goal of reselling that home at a profit a little later. On November 2, 2021 Zillow announced the permanent closure of their iBuyer program. As a result of errors in their algorithmic buying of […]