Temecula Short Sales Are on the Rise

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Today I'd like to talk to you about the short sale process.

 Right now we are experiencing a resurgence of short sales. Ten years ago, people were offered a loan modification in order to avoid a short sale, so we haven't seen as many short sales in the past few years. 

 

Now those low payments are coming to an end, and many homeowners can no longer afford their mortgage payments. Their homes are still underwater, so they are opting for short sales now.

If you are considering a short sale, or just have questions about the short sale process, give me a call or send me an email. I'd be happy to help you.

Temecula Real Estate Market Update

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Today I'm going to give you a brief overview of the real estate market here in Temecula and Murrieta. 

Overall, we're seeing a neutral market with good inventory levels and steady prices. This means that if you're looking to buy or sell, now is a good time to do so. 

I want to urge buyers to enter the market even more so than sellers because interest rates are currently below 4%, and they may not remain this low for much longer. If you buy a home with these low rates, it could save you thousands and thousands of dollars on your home loan. 

Another important thing to consider is that you'll need a good team of real estate professionals to get the best possible deal. Please don't hesitate to contact me if you need assistance buying or selling in the Inland Empire this summer!