Green Real Estate Appraiser

How Trump will impact SoCal housing

Posted on November 13, 2016 | Leave a comment

march

After Tuesday people have been contacting our office asking questions regarding the future of real estate and the environment under President Trump. We are waiting to make a prediction to see who he appoints to cabinet posts and the EPA, etc. Our advice: if you voted for Trump hold him to his promises. If you voted for anyone other than Trump; get up, dust yourself off and prepare to fight. This may be one fight none of us can sit out – Earth is going to need everyone that is ready to fight (the power).

Southern California housing under a Trump presidency could see higher mortgage rates but also emboldened builders who hope regulatory hurdles will be reduced, said regional housing experts.

California continues to have some of the highest home and rent prices in the nation, with wages not keeping pace in many metro areas, especially in San Diego County.

While the president-elect did not make housing issues a cornerstone of his campaign, his history as a real estate developer gave some analysts an idea of what his next moves could be.

Home costs –The cost to buy a home could go up if mortgage rates rise, as they have since Trump was elected earlier this week.

Global uncertainty typically pushes international buyers to buy U.S. bonds, which pushes down mortgage rates and makes borrowing cheaper, said Ralph McLaughlin, chief economist of Trulia.

However, with some foreign markets concerned about Trump, it could push investment out of the country.

“The U.S. economy now looks less safe because we don’t know Trump’s policies toward trade,” McLaughlin said.

Yet, sometimes America is the cause and the solution. In 2011, when the debt ceiling crisis led to a credit downgrading of the United States, the global uncertainty (along with fears of a Greek debt default) actually led foreign investors to buy more long-term securities in the United States.

disclaimer: for information and entertainment purposes only

Mistakes home sellers make

Posted on November 11, 2016 | Leave a comment

Being sucked in by “free help”

There’s been a surge in TV and radio advertisements with online companies claiming to find you the best agent, get you the best price and save you money – and it’s all for free.

Before making a decision to sell: Get to know who your local agents are and see how they operate. It won’t take long to find out who the hard workers are, and which ones get the best results.”

Not knowing the true value of your property

In the eyes of a banker, a vendor should have a well-informed idea of their property’s value.

Contact the appraisers at www.scappraisals.com for your home value questions.

The general manager of retail banking for St George Bank, Ross Miller, says: “In our experience, a vendor can avoid making a big mistake by knowing the true value of their property. To get an accurate estimate, do your own research but also obtain professional appraisals from local real estate agents as well as an accredited valuation.”

disclaimer: for information and entertain purposes only

A beginner’s guide to decorating

Posted on November 9, 2016 | Leave a comment

INVEST IN THE ESSENTIALS “I always tell people who are decorating their first apartments that it is important to spend money on the bigger-ticket items, like sofas, beds and dining tables,” said the interior designer Sheila Bridges. “You can always accessorize with inexpensive things like toss pillows, bedding and lighting to pull everything together.” Investment pieces — like that little black dress or the perfect-fitting blazer in your wardrobe — will act as a foundation you can build on.

MAKE SURE YOU CAN TAKE IT WITH YOU If this is your first place, “it is likely that you will move in the next few years,” Ms. Bridges said. A well-made sofa or bed can go with you, but you’re not going to take the wallpaper. Likewise, it doesn’t make sense to splurge on custom curtains that won’t fit the windows in your next home.

Art, on the other hand, “will make a huge impact on your space and can be brought with you from apartment to apartment,” said Megan Opel, an interior designer at Laurel & Wolf, an online design service. “I advise splurging on original paintings from your favorite artists, because nothing will make a space feel more like you than personally curated art.”

But it doesn’t have to cost a lot. “Custom framing can take any hand-me-down or thrift-store find from trash to treasure,” said Kimberly Winthrop, a senior designer at Laurel & Wolf, who recommends Framebridge.com for “affordable and quick custom framing.”

disclaimer: for information and entertainment purposes only

How Trump will impact SoCal housing

Mistakes home sellers make

A beginner’s guide to decorating

Follow Blog