In the category of “not at all surprising news” would be where we filed this latest information. It seems there’s been a pretty significant uptick in the number of homeowners who are now attempting to sue the Realtor® or Agent as a result of falling home prices claiming they were mi...
As real estate heads further into a transition year, some of the properties that you may see for sale might even be owned by the Agent or Realtor® representing it! It’s not an everyday occurrence, but it’s also not uncommon either and shouldn’t be cause for any apprehension whatsoev...
One of the things you hope you never have to do as a property owner is file an insurance claim through your Homeowners policy, but it somehow seems inevitable. One of the most prevalent types of claims is due to water damage, which can be caused by many sources you may not consider becaus...
There’s a lot of speculation about a “housing crisis” that may or may not occur in 2023. If you follow our blogs at PropertyGuerilla.com you’ll see that with all of the ground we try to cover, one of the most important has been and will continue to be housing affordability. In...
Nobody loves new ideas more than we do here at PropertyGuerilla.com and although this is not “Brand new”, the concept of 3D printed homes has not yet taken off here in the States, and we’re kind of hoping it does! There are many reasons for out hope and optimism, but the biggest is p...
This is how it starts. Remember when there were eviction moratoriums implemented when covid first emerged on the scene? In case you didn’t know, the city of Los Angeles remains a place that has not only continued those moratoriums uninterrupted until now, has just extended them thr...
The conversations people have about the benefits of buying a property for cash versus taking a mortgage or vice versa are ones that we here at PropertyGuerilla.com consider a good problem to have. Obviously, not everyone has that option to ponder, heck, in today’s economy with mortgage c...
As we have stated on many occasions, the irony of the housing world is never more apparent than when the economy and the housing markets struggle. It’s ironic because it seems the people who need the most protection and guidance for ownership who seem to suffer worse as housing markets b...
The trend of folks simply not deciding not to sell is one that’s adding to the trials and tribulations of the current housing market, and there’s lots of reasons for that, but as we’ve come to find that’s it’s just another consequence of high interest rates. Because mortgage rates...
As we prepare to put 2022 in our rear-view mirror, it’s safe to say it was not a kind year in real estate. As a result of the circumstances which led to such a roller coaster of a year have hopefully run their course, many experts see 2023 as a better year in real estate, especially for...
The real estate market remains in a state of somewhat disarray because it seems now the “all cash” Buyers are coming out of the woodwork to avoid paying decades high interest rates. According to data giant Redfin, in October 2022 for example, the number of cash Buyers throughout the Co...
If ever there were a “double-edged sword” in housing, this would be it. New estimates from the National Association of Realtors® (NAR) indicate that with the rise in interest rates after the seventh increase this year earlier in the week, the average mortgage is now $900 more expensive...
On its’ face this is finally some good news, but as with everything real estate related, it’s always a good idea to read between the lines. So the good news is that month-over-month rents in November fell by the most ever since Zillow® began tracking rental data in 2015. The .4%...
Recent data revealed by the US Census Bureau indicates that the percentage of “young adults” living at home with their parents in 2022 has reached a level not seen since the Great Depression era. Young adults are classified as those between the ages of 18-29, and the percentage living a...
There’s a school of thought that suggests that Airbnb® is contributing to the current housing shortage. Clearly there has been a significant amount of home purchased specifically for the intent to capitalize on the short-term rental and vacation markets. It’s also clear that many...
Ownership remains a goal for many, but ever since the pandemic arrived in early 2020 that goal has been made unattainable for far too many. Now add in the effects of inflation, skyrocketing interest rates, housing prices and affordability, and mortgage credit availability and this trend ha...
Hindsight is always 20/20, or so we’ve been told. Now that the utter chaos of the last 2.5 years in the housing market is for the most part behind us, now the “second guessing” begins. It’s estimated that around that 1 in 5 people moved since the beginning of the pandemic in ...
Sometimes in real estate, as in everyday life, there’s a phrase that gets used known as “unintended consequences”. In some cases, it can represent good news, but in just as many cases if not more, it’s not used for the better. According to real estate data and analytics giant...
Depending on where you live, the term “entry level” can mean different things to different people. Same thing with “affordable housing”, and sometimes those terms are mutually exclusive, and sometimes not. With the current economic conditions we’re facing, it’s safe to sa...
As the housing market looks forward to 2023 it seems that we're not going to have the same panacea that existed for 2021 and most of 2022. Inventory levels will be higher, properties will be on the market longer, and affordability will continue to have challenges and interest rates will contin...