Vanessa Garcia, Realtor

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The Cost of Buying a House in 2023
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The Cost of Buying a House in 2023 The current housing market is challenging for prospective and first-time homebuyers due to high home prices, mortgage rates, and low housing supply. The median price of a home in the US is $410,200, requiring a minimum of $12,306 for a 3% down payment, plus other associated costs. It is important fo...

California's Million-Dollar Metro Reign

Vanessa Garcia Vanessa Garcia is a real estate agent with Redfin Corporation. Check out Vanessa Garcia's listings or office listings.

This San Diego metro area city has the most affordable housing market: report
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This San Diego metro area city has the most affordable housing market: report The report by RealtyHop examined home affordability for the average American family in the 100 largest U.S. cities and their surrounding metros. According to the report, Chula Vista is the most affordable housing market among the largest cities in the San Diego metro, with homeowners spending 48.26%...

Tips For Choosing the Best Cash Home Buyers
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Tips For Choosing the Best Cash Home Buyers This article provides tips for finding and working with cash home buyers as an alternative to the traditional process of selling a house. It suggests researching potential buyers, getting multiple offers, and looking for flexibility and convenience when choosing a buyer. It also advises seeking advi...

Tom York on Business: San Diego Is California's 2nd Most Competitive Rental Market
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Tom York on Business: San Diego Is California's 2nd Most Competitive Rental Market San Diego is the second most competitive rental market in California, according to a report by apartment rental website RentCafe. It has a high occupancy rate of 95.9%, a short vacancy period of 38 days, and 14 prospective renters fighting for every vacant unit, showing a robust demand for rentals.....

Housing Market Forecast: Will Home Prices Drop in 2023?
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Housing Market Forecast: Will Home Prices Drop in 2023? The spring homebuying season was not as successful as real estate professionals had hoped for, leading to a revision of initial forecasts for the 2023 market. Experts predict a decrease in home sales to an annualized pace of between 4.2 million to 4.5 million homes, 16% below 2022's pace. The one br...

Cost of Living in California

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Why Housing Prices Haven't Dropped: The Current Market Scenario

Vanessa Garcia Vanessa Garcia is a real estate agent with Redfin Corporation. Check out Vanessa Garcia's listings or office listings.

Ask Me Anything!
Have questions about real estate but not sure where to start?

Ask Me Anything | roomvu Have questions about real estate but not sure where to start?

Forbes Advisor: A Comprehensive Analysis of the California Housing Market
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Forbes Advisor: A Comprehensive Analysis of the California Housing Market Forbes Advisor reports that the California real estate market is facing challenges due to higher mortgage rates and rising inflation. Despite these obstacles, the housing market remains largely healthy in the Bay Area and Southern California. Home prices vary across the state, but many markets are t...

Should Housing Be a California Constitutional Right?

Vanessa Garcia Vanessa Garcia is a real estate agent with Redfin Corporation. Check out Vanessa Garcia's listings or office listings.

San Diego County is the nation's second-most expensive metro area. What does that mean for seniors?
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San Diego County is the nation's second-most expensive metro area. What does that mean for seniors? Connie McKrieth, 58, was forced to take up residence in a U-Haul van after medical care for cancer depleted her savings. She now lives in a 578 square foot studio apartment in downtown San Diego, which she feels is much more spacious than the van she lived in for nine months. With San Diego County's...

First Dip in California Rents in Two Years

Vanessa Garcia Vanessa Garcia is a real estate agent with Redfin Corporation. Check out Vanessa Garcia's listings or office listings.

Average down payment for a home
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Average down payment for a home The down payment on a home is a percentage of the property's price paid for in cash upfront. Conventional loans require a minimum down payment of 3 percent, while FHA loans require 3.5 percent. VA loans and USDA loans don't require a down payment. In April 2023, 40% of respondents cited the inabilit...

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

Home Evaluation Estimate | roomvu How much is your home worth? Type your property address and get a quick home estimate.

Short-term rental tax must be rejected
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Short-term rental tax must be rejected Senate Bill 584, by state Sen. Monique Límon, seeks to impose a tax on short-term rentals (Airbnb, Vrbo, etc.), in order to raise funds for low-income housing. However, this bill would end up deterring people from seeking short-term rentals and increase costs, while also mandating expensive labor-u...

San Diego Streamlines Housing Production in Unincorporated Areas

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Tax on short-term rentals like Airbnb could fund California affordable housing - Fort Bragg Advocate
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Tax on short-term rentals like Airbnb could fund California affordable housing - Fort Bragg Advocate California lawmakers are considering Senate Bill 584 by Sen. Monique Limón, which would impose a 15% tax on short-term rentals to generate an estimated $150 million annually to build or rehabilitate low- and middle-income housing. Airbnb has rallied its hosts to oppose the bill, while Gov. Gavin Ne...

Why Furnished Apartments Are the Smart Choice for Short-Term Stays in San Diego
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Why Furnished Apartments Are the Smart Choice for Short-Term Stays in San Diego Furnished units are a great option for those looking for short-term stays in San Diego. Compared to AirBnB and hotels, they are more cost-effective and provide more protection and convenience. The San Diego government has also introduced regulations to ensure renters are protected, and you are guara...

Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years
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Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years The U.S. housing market is in a slump due to persistently low inventory of homes and high borrowing costs. Existing home sales fell 3.4% in April from March, with the national median sale price posting its biggest annual drop in 11 years. Sales dropped 23.2% compared to April last year, with the wes...

States With the Highest Tax Burdens in America

Vanessa Garcia Vanessa Garcia is a real estate agent with Redfin Corporation. Check out Vanessa Garcia's listings or office listings.

Late-Q1 Sales and Prices for Condo/Townhome in California

Vanessa Garcia Vanessa Garcia is a real estate agent with Redfin Corporation. Check out Vanessa Garcia's listings or office listings.

Best Places in Every State to Get a Vacation Home
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How to Find Foreclosed Homes in San Diego
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How to Find Foreclosed Homes in San Diego San Diego is an excellent location for those looking to purchase a foreclosed home. There are numerous resources available, such as public auctions, bank-owned homes, real estate websites, and professional assistance from real estate agents and mortgage brokers, to help potential buyers find the rig...

San Diego Market in Early Spring 2023

Vanessa Garcia Vanessa Garcia is a real estate agent with Redfin Corporation. Check out Vanessa Garcia's listings or office listings.

Welcome to Cabin Moondance, the most beautiful cabin in Big Bear! High grossing str. Featured in Travel + Leisure in 2022. Nestled in the pines of Lower Moonridge close to shuttles & the Moonridge Corridor Improvement Project. The backyard has a great slope for sledding and the primary bedroom has an unobstructed view of Bear Mountain. Fully rehabbed in 2021. Upgrades include new roof, new flooring, new kitchen & all new appliances, new fixtures, paint and an EV charger. Milgard dual pane windows only 7 years old. Easy parking and unloading on flat ground. Highly sought-after, income producing cabin - grossing over 78k in 2022. Includes all furnishing. A Mountain Modern Masterpiece, this cabin is simply magical! Hurry before the sellers come to their senses & change their mind about selling.

Mid-Q1 Sales and Prices of Single Family Homes in California

Vanessa Garcia Vanessa Garcia is a real estate agent with Redfin Corporation. Check out Vanessa Garcia's listings or office listings.