Tag Archives: CAR.org

When Housing Inventory is Low, Finding a Home Will Take Some Time

Looking around? You’ll find your perfect home, it may just take awhile.

While it’s a sellers’ market out there, if you’re patient you should be able to find the home you want to live in — not just one you’re settling for.

This infographic is from CAR.org.

Money Monday: Financial Milestones

How do your financial milestones compare with the average consumer’s?

The CALIFORNIA ASSOCATION OF REALTORS averaged consumers’ answers to when they:

  • Started saving for retirement
  • Attained a good credit score over 700
  • Saved $10,000
  • Paid off student loans
  • Purchased first home

average consumer financial milestones

This infographic is from CAR.org.

Money Monday: How to avoid wire fraud

You have to be extra vigilant with your money nowadays. When buying real estate, don’t fall victim to wire fraud with these three steps:

  1. Pay attention to how wire instructions are sent (in other word — only accept instructions that are secure and encrypted).
  2. Before wiring funds, call to verify the wire instructions with the title company.
  3. Be careful of any changes — real instructions rarely change.

Wirefraud Money Monday - John Silva blog

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS at CAR.org.

The Perfect Home – Infographic

The idea of the perfect home varies for each individual, but overall there are some strong desires within each generation.

  • Single-family homes in the suburban are a top priority to 55% of gen X-ers and baby boomers.
  • The home doesn’t matter as much as the location for millennials and the silent generation — they both desire walkable communities close to work.
  • 60% of families prefer larger homes and yards.
  • Homes with small yards and a walkable distance from amenities are high on the list for 55% of Americans

Positively Perfect home for the generations

Check out the CALIFORNIA ASSOCIATION OF REALTORS’ infographics here.

Closing Chaos Infographic

In escrow? Hopefully you don’t experience these closing frustrations.

While the majority of home sales close on time, there are some that are delayed or cancelled altogether for various reasons.

Here are the top 5 reasons for a delayed closing:

  1. Issues in obtaining financing
  2. Issues with the home inspection
  3. Issues with appraisal
  4. Issues related to title or deed
  5. Issues with sorting out the deal’s contingencies

Closing Chaos infographic CAR.org

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.

Home Buyer Blunders

Don’t make these homebuying mistakes.

  1. Shopping outside of your budget
  2. Make too-low of offers
  3. Make big purchases during escrow
  4. Forget about closing costs

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.

Homeownership Has Benefits

Thinking of becoming a home owner?

Homeownership has a few benefits; improved: educational performance, health, and civic participation, and lower crime rates.

Homeownership has benefits

This infographic is from CAR.org.

Homeownership is beneficial

Homeowners have a lot going for them: improved educational performance, lower crime rates, greater health.

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.