Beth Reynoso Dre#02158112

Been loving this space in our home 🏡 🙏🏽🩷.

Selling your house involves more than just sticking a sign in the yard. It's a complex process that takes the skill of a professional. That's where having a real estate agent is valuable - they're experts at navigating the selling process. DM me today to make sure you have a partner who can support you every step of the way.



Beth Reynoso 619-850-0590
DRE #02158112

The Truth About Down Payments

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case.

Unless specified by your loan type or lender, it’s typically not required to put 20% down. That means you could be closer to your homebuying dream than you realize.

According to the National Association of Realtors (NAR), the median down payment hasn’t been over 20% since 2005. In fact, for all homebuyers today it’s only 15%. And it’s even lower for first-time homebuyers at just 8%.

The big takeaway? You may not need to save as much as you originally thought.

Learn About Resources That Can Help You Toward Your Goal

According to Down Payment Resource, there are also over...



Beth Reynoso 619-850-0590
DRE #02158112

The Truth About Down Payments If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment.

Why Today’s Housing Supply Is a Sweet Spot for Sellers

Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.

1. You Have More Options for Your Move
Are you thinking about selling because your current house is too big, too small, or because your needs have changed? If so, the year-over-year growth gives you more options for your home search. That means it may be less of a challenge to find what you’re looking for.
So, if you were holding off on selling because you were worried you weren’t going to find a home you like, this may be just the good news you needed. Partnering with a local real estate professional can help you make sure you’re up to date on the homes available in your area.

2. You Still Won’t Have Much Competition When You Sell
But to put...



Beth Reynoso 619-850-0590
DRE #02158112

Why Today’s Housing Supply Is a Sweet Spot for Sellers Wondering if it still makes sense to sell your house right now?

Thinking about selling your house? Today’s market gives you two great opportunities. First, since inventory is up a little bit compared to last year, you’ll have more options for your next home. Second, since there still aren’t enough homes to meet demand, your house will stand out to buyers. When you’re ready to make a move, DM me to chat.



Beth Reynoso 619-850-0590
DRE #02158112

How Changing Mortgage Rates Impact You [INFOGRAPHIC]

If you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. That’s because even a small change in mortgage rates can have a big impact on your purchasing power. The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the expertise of a local real estate professional and mortgage lender.



Beth Reynoso 619-850-0590
DRE #02158112

How Changing Mortgage Rates Impact You [INFOGRAPHIC] If you’re looking to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month.

If you’re thinking about buying a home soon don't forget - your credit score is key and boosting it might be easier than you think. Start by reducing debt, staying on top of your payments, and fixing any errors on your credit report, like closed accounts that are reported as open. When you're ready, DM me so we can start the homebuying process.



Beth Reynoso 619-850-0590
DRE #02158112

Worried about saving 20% for a down payment? You might not need to. Plus, time is money, and taking the time to save that much could cost you more in the long run. That’s because while you’re saving, rising rents and home prices are working against you, and you’re missing out on building home equity.



Beth Reynoso 619-850-0590
DRE #02158112

If you’re trying to buy a home but are having a hard time finding one in your budget, here’s something that can help. Consider expanding your search to include condos and townhomes - they’re great options for first-time homeowners, offering better affordability and the chance to start building equity. Ready to explore your options in our area? Reach out to me today.



Beth Reynoso 619-850-0590
DRE #02158112

Expert Home Price Forecasts for 2024 Revised Up

Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.

2024 Home Price Forecasts: Then and Now

There are two big factors keeping such strong upward pressure on home prices. The first is how few homes are for sale right now. According to Business Insider: “Low home inventory is a chronic problem in the US. This has generally kept home prices up . . .”

A lack of housing inventory has been pushing prices up for a long time now – and that’s not expected to change dramatically this year. But what has changed a bit is mortgage rates.

Late last year when most housing market experts were calling for home prices to rise only a little bit in 2024, mortgage rates were up and buyer demand was more moderate.

Now...



Beth Reynoso 619-850-0590
DRE #02158112

Expert Home Price Forecasts for 2024 Revised Up Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.

Some Experts Say Mortgage Rates May Fall Below 6% Later This Year

There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall.

And if you’re looking to buy or sell a home, this is a big deal. While they’re going to continue to bounce around a bit based on various economic drivers (like inflation and reactions to the consumer price index, or CPI), don’t let the short-term volatility distract you. The experts agree the overarching downward trend should continue this year.

While we won’t see the record-low rates homebuyers got during the pandemic, some experts think we should see rates dip below 6% later this year. As Dean Baker, Senior Economist, Center for Economic Research, says: “They will...



Beth Reynoso 619-850-0590
DRE #02158112

Some Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now.

Ready to make a move? Your current house could be the key to overcoming today’s affordability hurdles. As you’ve paid down your mortgage and home prices rose, your equity grew. Right now, over two-thirds of homeowners are holding at least 50% equity in their homes - that’s a huge advantage when looking to move. DM me to learn how much equity you have.



Beth Reynoso 619-850-0590
DRE #02158112

Why So Many People Fall in Love with Homeownership

Chances are at some point in your life you’ve heard the phrase, home is where the heart is. If you’re trying to decide if you want to keep on renting or if you’re ready to buy a home this year, here’s why it’s so easy to fall in love with homeownership.

Customizing to Your Heart’s Desire

Your house should be a space that’s uniquely you. And, if you’re a renter, that can be hard to achieve. But when you’re a homeowner, you have a lot more freedom.

Greater Stability for the Ones You Love Most

One of the hardest things about renting is the uncertainty of what happens at the end of your lease. Does your payment go up so much that you have to move? What if your landlord decides to sell the property? It’s like you’re always waiting for the other shoe to drop.

A Feeling of Belonging

You may also find you feel much more at home...



Beth Reynoso 619-850-0590
DRE #02158112

Why So Many People Fall in Love with Homeownership Chances are at some point in your life you’ve heard the phrase, home is where the heart is.

Strategic Tips for Buying Your First Home

Buying your first home is a big, exciting step and a major milestone that has the power to improve your life. As a first-time homebuyer, it's a dream you can make come true, but there are some hurdles you'll need to overcome in today’s housing market.

Save Money with First-Time Homebuyer Programs

Paying the initial costs of homeownership, like your down payment and closing costs, can feel a bit daunting. But there are many assistance programs for first-time homebuyers that can help you get a loan with little or no money upfront.

To find out more, talk to your state's housing authority or check out websites like Down Payment Resource.

Expand Your Options by Looking at Condos and Townhomes

Right now, there aren’t enough homes for sale for everyone who wants to buy one. That’s pushing home prices up and making affordability tight for...



Beth Reynoso 619-850-0590
DRE #02158112

Strategic Tips for Buying Your First Home Buying your first home is a big, exciting step and a major milestone that has the power to improve your life.

It’s Time To Prepare Your House for a Spring Listing

If you're thinking of selling your house this spring, now is the perfect time to start getting it ready.

Declutter and Organize
First impressions matter, and if your house is a mess, that can easily turn off potential buyers. According to Moving.com: “Decluttering and organizing your space will go a long way in appealing to potential buyers. . . .decluttering will help the buyers see themselves living in your home. Less clutter inside a home also helps a place appear larger and cleaner, which should attract more buyers.”

Deep Clean Your Kitchen and Bathrooms
The kitchen and bathrooms are focal points for many buyers, and often influence their overall opinion of the house. Ensure these spaces dazzle by giving them a thorough deep cleaning.

Maintain Your Yard
Your home’s exterior is the first thing potential buyers see, so...



Beth Reynoso 619-850-0590
DRE #02158112

It’s Time To Prepare Your House for a Spring Listing If you're thinking of selling your house this spring, now is the perfect time to start getting it ready.

Thinking about buying a home this year? There’s a lot more to it than just finding the right house. You’ve got to be strategic about how you prepare. From saving for your down payment to improving your credit score, the steps you take before you start browsing are key. Don't wait until you're ready to start house hunting, let's connect now for expert guidance on how to achieve your homebuying goals.



Beth Reynoso 619-850-0590
DRE #02158112

Achieve Your Dream of Homeownership with Condos and Townhomes [INFOGRAPHIC]

If you’re trying to buy a home but are having a hard time finding something in your budget, here’s something that can help: consider condos and townhomes. They may better fit your budget, can help you start building equity, and tend to require minimal upkeep and less maintenance. Looking at condos and townhomes can make it easier to find and buy a home. When you're ready, DM me.



Beth Reynoso 619-850-0590
DRE #02158112

Achieve Your Dream of Homeownership with Condos and Townhomes [INFOGRAPHIC] If you’re trying to buy a home but are having a hard time finding something in your budget, here’s something that can help: consider condos and townhomes.

Spring Selling Secret: Want your house to sparkle in the eyes of every potential buyer? Show it's been pampered and cared for. From decluttering to deep cleaning, make sure your space shines bright and leaves a lasting impression. DM me to chat about what steps you need to take to get your house market-ready this season.



Beth Reynoso 619-850-0590
DRE #02158112

What’s Really Happening with Mortgage Rates?

Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true.

The simplest answer is: that what you read or hear will vary based on the time frame they’re looking at. Here’s some information that can help clear up the confusion.

Mortgage Rates Are Volatile by Nature

Mortgage rates don’t move in a straight line. There are too many factors at play for that to happen. Instead, rates bounce around because they’re impacted by things like economic conditions, decisions from the Federal Reserve, and so much more. That means they might be up one day and down the next depending on what’s going on in the economy and the world...



Beth Reynoso 619-850-0590
DRE #02158112

What’s Really Happening with Mortgage Rates? Are you feeling a bit unsure about what’s really happening with mortgage rates?

Bridging the Gaps on the Road to Homeownership

Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to owning a home. Working with the right real estate experts can make all the difference for diverse buyers.

It's clear that achieving homeownership is more challenging for certain groups because there’s still a measurable gap between the overall average U.S. homeownership rate and that of non-white groups.

According to a report by the National Association of Realtors (NAR), almost half of Black homebuyers in 2023 were first-time buyers. That means many didn’t have home equity they could use toward their home purchase.

That financial hurdle alone makes buying a home more challenging...



Beth Reynoso 619-850-0590
DRE #02158112

Bridging the Gaps on the Road to Homeownership Homeownership is a major part of the American Dream.

Today's rates are down from their peak last October, and that’s led to a lot of excitement. Many buyers who were on the sidelines in 2023 are now ready to act. So, if you've been thinking about selling your house, this surge in buyer demand could be your sign. DM me when you’re ready to make a move.



Beth Reynoso 619-850-0590
DRE #02158112

Houses Are Still Selling Fast

Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn't as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal.

The graph below uses data from Realtor.com to tell the story of median days on the market for every January from 2017 all the way through the latest numbers available. For Realtor.com, days on the market means from the time a house is listed for sale until its closing date or the date it’s taken off the market. This metric can help give you an idea of just how quickly homes are selling compared to more normal years.

According to Realtor.com: “Homes spent 69 days on the market, which is three days shorter than last year and more than two weeks shorter than before the COVID-19 pandemic.”

What Does This...



Beth Reynoso 619-850-0590
DRE #02158112

Houses Are Still Selling Fast Have you been thinking about selling your house?

Thinking about selling your house soon? Here's a helpful tip: Make sure your home is available for showings as much as you can. To make it easier, think ahead and have a go-to spot nearby where you can hang out for a bit if you need to step out during showings. Let's chat about your plans and ensure you navigate the selling process with confidence and ease.



Beth Reynoso 619-850-0590
DRE #02158112

Home Equity Can Be a Game Changer When You Sell

Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier.

Think of equity as a simple math equation. It's the value of your home now minus what you owe on your mortgage. And guess what? Recently, your equity has probably grown more than you think.

In the past few years, home prices skyrocketed, which means your home's value – and your equity – likely shot up, too. So, you may have more equity than you realize.

How To Make the Most of Your Home Equity Right Now

If you're thinking about moving, the equity you have in your home could be a big help. According to CoreLogic: “. . . the average U.S. homeowner with a mortgage still has more than $300,000 in equity . ...



Beth Reynoso 619-850-0590
DRE #02158112

Home Equity Can Be a Game Changer When You Sell Are you on the fence about selling your house?

Winning Plays for Buying a Home in Today’s Market [INFOGRAPHIC]

In today's housing market, you can still come out on top if you have the right team and plan. To win when buying a home, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd. Let’s connect today to make your winning move.



Beth Reynoso 619-850-0590
DRE #02158112

Winning Plays for Buying a Home in Today’s Market [INFOGRAPHIC] In today's housing market, you can still come out on top if you have the right team and plan.

Buying a home with your loved ones can be a game-changer. It's not just about cutting costs or being able to afford a larger home, it can also help simplify caretaking for aging parents. Finding the perfect multi-generational home can be tricky, and I'm here to help. DM me today and let's find the home that perfectly suits all your needs.



Beth Reynoso 619-850-0590
DRE #02158112

Looking to secure your victory as a buyer in today's market? With the right team and strategy, winning is still within reach. It all starts with a solid plan. Let's connect and strategize together to ensure your next move is a winning one.



Beth Reynoso 619-850-0590
DRE #02158112