The Title Report is often the most overlooked part of your disclosure packet but definitely something you need to spend a little time on.
Here you will find the updates I put out about the market and the changes we are seeing.
As recently as last year, late September is usually the time that things start to slow down and start to sleep as we approach the holidays. As we get closer to October, there is typically less buyer activity and less inventory. This year, however, the air has just recently cleared out and instead of things starting to slow down, it seems like weâ€™re actually picking up a bit. For todayâ€™s post, I will be giving an East Bay real estate market update for late September 2020 and share with you the reasons why weâ€™re seeing a different trend.
â€œHave you been working out? You look great and Iâ€™m impressed with how much you can lift these days.â€ Thatâ€™s my attempt at a joke regarding the East Bay real estate market right now. Seriously though, if you list out all the crazy forces that have occurred this year, our market is looking quite robust. COVID, BLM activism, Wild Fires, Unemployment, and all the news of people leaving the state, you would think that the straw that breaks the camels back has to be coming. However, our market keeps on banging out reps despite the added weight.
What is going on with Mortgage rates? Why are they going up instead of down? Since I am not a lender, I have asked my good friend and lending partner Hunter Markwardt to talk about what he is seeing in the lending world. Hunter is an Executive Loan Advisor for RPM Mortgage and we will …