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The Real Estate Guru® Answering Housing Market Questions

Question: I am thinking about a career change. I’ve always been fascinated by real estate. I’m seriously considering becoming a real estate agent. What should I know? Answer: You should always pursue your dreams and passions. During my more than 40 years of residential real estate, I’ve been fortunate to have numerous friends and family […]

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Jan 2023 – Answering Housing Market Questions

Question: I am thinking about a career change. I’ve always been fascinated by real estate. I’m seriously considering becoming a real estate agent. What should I know?  Answer: You should always pursue your dreams and passions. During my more than 40 years of residential real estate, I’ve been fortunate to have numerous friends and family

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The Real Estate Guru: Answering Housing Market Questions – Conflicting Articles

Question: Why are there so many conflicting articles about the housing market locally and nationally? We just want to buy a house. Answer: The media is infamous for selling headlines. What better time of year to “spook” peoplethen October? As a student of the business for more than four decades and an avid reader, it

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The Real Estate Guru: Answering Housing Market Questions – How much extra value does an ocean view add to a home?

Question: Dear Guru, how much extra value does an ocean view add to a home? Answer: In Dana Point and other coastal areas, an ocean view obviously enhances value. To what extent? It is very subjective and differs on every home, as each location is unique. A Realtor will input certain fields in the MLS

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The Real Estate Guru: Answering Housing Market Questions – Is now a good time to sell my house?

Question: Dear Guru, is now a good time to sell my house? Answer: Probably not. The good news is that home values have soared to record values since thepandemic. This occurred because of historically low mortgage interest rates (2.6%-3%) for a 30-yearfixed and also because of an extreme lack of inventory (listings). Since January, rates

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