James McKibban

Read this story, which also has a video, about the latest trends in new build homes.

Experience the ease and efficiency of e-signing when securing your ideal home. Enhance your homebuying journey with a quick message to get started. 🖊️🏡 #askAsharamortgage #askAshara #ESign #Homebuying #TechSavvy

When it comes to bathroom aesthetics, are you drawn to the warm, rustic charm of wooden elements, or do you prefer the vibrant, tropical vibe accentuated by lush green plants? Share your thoughts in the comments below! #MORTGAGE #LENDING #NEWHOUSE

Will be Interesting to see how this impacts the market. I expect added sellers concessions will absorb this buyers cost with most offers.

Pending Home Sales (signed contracts on existing homes) rose 0.6% from July to August, rebounding from their lowest level in a year. "...we have yet to see the full impact of sharply lower mortgage rates on buyer demand," said Scott Brixon of Highway. NAR’s Chief Economist, Lawrence Yun, noted that the slight move higher in activity “reflects a modest improvement in housing affordability." #homesales #realestate #realtor #housingmarket #housingmarketupdate #pendinghomesales

EFFECTIVE AUGUST 17th: NAR’s Upcoming Industry Changes. As the National Association of REALTORS® (NAR) plan to implement practice changes this Saturday, what can you expect? Here’s how you can prepare for NAR’s upcoming industry changes: http://spr.ly/6043lzqb5

EFFECTIVE AUGUST 17th: NAR’s Upcoming Industry Changes. As the National Association of REALTORS® (NAR) plan to implement practice changes this Saturday, what can you expect? Here’s how you can prepare for NAR’s upcoming industry changes: http://spr.ly/6047lMgAt

Housing markets are currently seeing various shifts, and one significant topic is the performance of 15-year fixed mortgage rates. Based on recent statistics, these rates present a stable yet crucial option for home buyers opting for a shorter repayment duration. For those looking to optimize their houses and pay off their debts sooner, understanding these mortgage parameters is essential. I recall a recent conversation with a client who was hesitant about whether to choose a 15-year over a 30-year fixed mortgage. We explored how a 15-year mortgage can save substantial amounts in interest over the life of the loan — potential savings that can make a significant impact over time. It ultimately led them to make an informed decision aligning with their financial goals. Considering these elements, I encourage every potential homebuyer and real estate professional to reflect on: Are you exploring the longevity of your mortgage options to ensure you're making the best investment for your future? 📊 Current market insights note that more buyers are considering shorter mortgages, allowing for greater equity quicker. Have you looked into your options today? Let’s dive deeper into your mortgage strategy — success in real estate starts with the right choices upfront! #MortgageTips #HomeBuying #InterestRates #RealEstate #MortgageRates #FinancialStrategy #Homeownership #EquityBuilding

Comparative Market Analysis (CMA) This is a report/tool that real estate agents use to estimate the value of a specific property by evaluating similar ones that have recently sold in the same area. . . . . #firsttimebuyerspecialist #downpaymentassistanceprograms #firstimehomebuyertips #homebuyingtips101 #newhomejourney #newhome🏡 #southerncaliforniarealtor #realtorsofinstagram🏠 #southerncaliforniarealestate #spanishspeakingagent #realestateterminology

🔍 Uncovering the Truth: FHA Loan Myths Debunked!! #FHAMyths #SmartHomeBuyer #MortgageInfo 📢 Ready to uncover the truth about FHA loans? Our latest video debunks common myths and provides essential insights for homebuyers! 🏡💡 Don't miss out on this valuable information that can help you on your homeownership journey. Watch now and get the facts straight! 🎥✨ #FHAMyths #HomeBuyingTips #MortgageTruth #RealEstate #HomeOwnership

🌟 Are You Waiting for Interest Rates to Drop Before Buying a New Home? 🌟 Lets dive into why that might not be the best strategy! 📉🏡 Sure, lower interest rates sound appealing, but here is the catch: many other buyers are waiting too. Once rates drop, the market could be flooded with buyers, leading to intense competition and potentially higher home prices. 🤯💰 💬 Join the conversation! Share your thoughts and lets discuss the best strategies for buying a home in todays market. 🏡✨ #HomeBuyingTips #MortgageAdvice #RealEstateInsights

How To Sell A California Mortgage Note Contact me to discuss the latest scoop in real estate! #firsttimehomebuyer #investment #homebuying #lowinterestrate #Mortgage #MortgageBroker #HomeLoans #HomeFinancing #Refinance #MortgageAdvice

2. New rules have had little impact on commissions; Commissions paid to buyer’s agents have remained essentially unchanged since the new rules on commissions went into effect on August 17th. That’s from Redfin’s analysis of buyer’s agent commissions for October home sales which have already closed or are scheduled to close by the end of the month. Here are the key takeaways from Redfin’s report: The average buyer’s agent commission for homes sold in October was 2.34%, down just 0.01 percentage point (pp) from the 2.35% for homes sold in August when the new rules took effect. Buyer’s agent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%. Interestingly, buyer’s agent commissions for homes listed under $500,000 rose from an average of 2.41% in August to 2.43% in October.