Tuesday, July 7, 2020 / by Nicole Solari
Everyone is ready to buy a home at a different time in their lives, and a health crisis or not, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make a purchase.
There are three main factors that go into determining how affordable homes are for buyers:
Mortgage Payments as a Percentage of Income
The National Association of Realtors (NAR), produces a Housing Affordability Index, which takes these three factors into account and determines an overall affordability score for housing. According to NAR, the index:
“…measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional levels based on the most recent price and income data.”
Their methodology states:
“To interpret the indices, a value o ...
Thursday, July 2, 2020 / by Nicole Solari
Benicia Offers Visitors “A Great Escape by the Bay” This Summer
Safe, Relaxing Day Trips for Visitors of All Ages
BENICIA, Calif. (June 23, 2020) -- Visit Benicia today launched its “Great Escape by the Bay” summer promotion, dedicated to providing a variety of safe, relaxing, and rejuvenating day trips for Bay Area residents seeking a release from the stresses of 2020.
Summer has officially arrived, but for most of us, it probably doesn’t feel that way. People have been dealing with a lot this year, whether it’s a family that’s been trapped in lockdown with stir-crazy young children, old friends who haven’t seen each other in months, or anyone who’s gone crazy from sitting at home.
That’s why Visit Benicia has been working closely with local businesses to implement new, COVID-19-conscious policies, transforming the visitor experience into something that everyone needs -- and that everyone can safely ...
Thursday, July 2, 2020 / by Nicole Solari
REAL Trends - the trusted source of residential brokerage news, analysis, and information - compiles data every year and honors the best real estate agents and agent teams in America. To be recognized as an America’s Best agent, teams and individuals must be ranked in the top 1.5% of all 1.4 million licensed real estate professionals in the US.
Last year, 30 Side partner agents and teams made the list. This year, we doubled that total with 60 incredible partner agents and teams recognized as among the top producers in the country. Thank you for continuing to inspire us and to work hard to elevate the real estate industry as a whole.
Congratulations to all 60 Side partner agents and teams named America’s Best:
TEAMS8 Blocks Real EstateAgency One Real EstateAll City HomesAmalfi EstatesArrive Real Estate GroupAsante RealtyAscend Real EstateAspire Real EstateBay Real Estate GroupBlock Change Real EstateBLVD Real EstateBrian Garr ...
Saturday, June 27, 2020 / by Nicole Solari
When you work in real estate, you spend much of your time in the weeds of a transaction, so it’s easy to forget about the true joy that comes from home ownership. At the end of the day, after all the paperwork is signed, after the champagne has been uncorked, real estate is all about real people being able to call someplace their own—a small slice of earth where they can lay their head at night and make a future for themselves and their families.
June is National Homeownership Month, making it the perfect time to remind people of some of the benefits of homeownership that we don’t always shine enough light on.
So, here are some of the true benefits of homeownership that we hear about from many first-time homebuyers:
1. Locked-in monthly expenses
Renting and hopping around from place to place can be exhausting—not only because of the constant upheaval, but also because rents keep rising, especially if you’re in a major metropolitan area. Buying a ...
Wednesday, May 20, 2020 / by Nicole Solari
There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner or FSBO, please consider the following:
1. Your Safety Is a Priority
During this pandemic, your family’s safety comes first. When you FSBO, it is incredibly difficult to control entry into your home. A real estate professional will have the proper protocols in place to protect not only your belongings, but your family’s health and well-being too. From regulating the number of people in your home at one time to ensuring proper sanitization during and after a showing, and even facilitating virtual tours for buyers, agents are equipped to follow the latest industry standards recommended by the National Association ...