Tomas Maganda - Real Estate

What's going on with California real estate? More homes will come up for sale, prices are expected to keep rising, White American home ownership reached a nine-year high, Black home ownership fell, Hispanic Americans home ownership rose,

Market Minute Get a roundup of weekly economic and market news that matters to real estate and your business.

Dreamers are now eligible for FHA mortgages with down payment as low as 3.5%. Can you or someone you know benefit from this, get in contact with me, I can help you navigate the process.

FHA Is Backing Mortgages for DACA ‘Dreamers’ DACA recipients who are legally permitted to work in the U.S. are now eligible to apply for an FHA mortgage.

Owning a home is more affordable than renting in many cases and places. See the list of places in the link.

Owning A Home More Affordable Than Renting In Nearly Two Thirds Of U.S. Housing Markets /PRNewswire/ -- ATTOM Data Solutions, curator of the nation's premier property database, today released its 2021 Rental Affordability Report, which shows that...

4 things to consider before buying a house, besides the interested rates.

Don't buy a home just because interest rates are low—here are 4 things to consider first Over half of renters, 58%, say the Covid-19 pandemic has spurred their desire to own a home. But here's what to consider before rushing to buy.

Great tip on how to save money. Set up an automatic transfer to a savings account on a monthly basis.

The easiest way to save money every month, according to a behavioral research expert Perry Wright of Duke University’s Common Cents Lab explains the power of automating your savings, and shares other financial tricks.

Owning a Home is More Affordable Than Renting in Most of the U.S.

U.S. real estate in 4 charts: Where buying a home is more affordable than renting right now Homebuyers have an advantage in much of the country. But renting wins out in many of the biggest cities.

Having trouble making your mortgage/rent, the moratorium has been extended.

FHFA Extends Foreclosure, Eviction Moratorium Through February This marks the fifth extension for Fannie Mae and Freddie Mac-backed single-family foreclosures and REO evictions.

The Real Estate market keeps setting records, but not the kind many people like.
2.5 month supply - record low
median existing home prices are up nearly 16% compared to a year ago.

With a Covid vaccine expected to be out soon, and record low interest rates, the real estate market's growth is expected to continue well into 2021.

Home Sales Are on Fire, Up 27% From a Year Ago Seventy-two percent of homes sold in October were on the market for less than a month. Read more from NAR’s latest housing report.

2 bed 1 bath condo available in Carpinteria for $419k. That is about a $2k mortgage on a 20% down payment. Call me for if interested.

5940 Via Real 2, CARPINTERIA, CA 93013 Two bedroom, one bath, townhouse style condominium. New laminate flooring, granite counters, all windows have been replaced with dual pane. A one car garage with storage. There is also a one uncovered parking space. The location is convenient to freeway access, downtown Carpinteria, parks, and the b...