Salvador Cortez at Absolute Mortgage Group Inc.
Salvador Cortez
Absolute Mortgage Group Inc.
Phone: (916) 668-0043
Email: [email protected]
NMLS# 1813194
Company NMLS# 1874315
Home
site.enter("0") onMouseLeave= className= > Loan Programs Home Purchase
Refinance
Forgivable Equity Builder Loan
Contractors
Mortgage Calculators
site.enter("1") onMouseLeave= className= > Resources Loan Programs
Loan Process
Mortgage Basics
Online Forms
FAQ
site.enter("2") onMouseLeave= className= > About Testimonials
Meet Our Team
Contact
Blog
site.enter("3") onMouseLeave= className= > Events Upcoming Events
Past Events
The 2nd CA Dream for All
Apply Now
You might be curious about what your next move should be as a prospective homebuyer. One aspect that likely concerns you is home prices, which have decreased somewhat since their peak last June.
You may have also heard rumors of an impending price crash in the news or on social media, causing you to postpone buying a home until prices drop significantly. However, this may not be the wisest approach.
According to a recent Zonda survey, 53% of millennials still rent because they're waiting for home prices to drop. However, the latest data suggests that home prices have already hit bottom and are increasing.
Selma Hepp, Chief Economist at CoreLogic, states that U.S. home prices rose by 0.8% in February, implying that prices in most markets have bottomed out.
According to most experts, it's probably not the best idea. Data indicates that prices are increasing in many parts of the country rather than decreasing.
Furthermore, the latest Home Price Expectation Survey suggests that experts forecast steady growth in home prices, returning to more typical appreciation levels after 2023. So if you're waiting for home prices to drop before buying, you should reconsider.
The best way to understand how home values are behaving in your region is to work with a local real estate professional who can offer you the most up-to-date insights and professional advice. Contact us today for personalized service!
We've been helping customers afford the home of their dreams for many years and we love what we do... Company NMLS: 1874315 Personal NMLS: 1813194 NMLS Consumer Access
1942 Del Paso Road, Suite 130 Rm 103 Sacramento, CA 95834 Phone: (916) 668-0043 [email protected]
Legal
Privacy Policy
Accessibility Statement
Site Map
Loan Programs