To the Point
The Tette Vera Realty Group Monthly Newsletter
Let's Do This---Virtually!
The Tette Vera Realty Group will create a dedicated website to feature your home.

Is the Time Right to Take Advantage of Your Equity?

The real estate market is favoring sellers right now because buyer demand is through the roof. You've put your life savings into your home. Perhaps now is a good time to reap the rewards?

Is the time right to make the move and take the equity out of your home? Perhaps move closer to where your children & grandchildren live? Or is it time to scale down or buy an investment property?

I have been in the real estate business for over 30 years & as a licensed realtor, I can sell you a home anywhere in California. With interest rates at an all-time low, this could be a perfect time to sell and cash in on your equity.

Give me a call. I'd love to help!

Tette Vera
916-532-8455
Your Referrals Are Always Appreciated!
Is 2021 a Good Year to Buy a House?

Buying a home this year is a mixed bag, whether you're an investor or are looking to put a roof over your head. While you might pay more for a home in 2021, you might also score a lower interest rate on a mortgage than you normally would.  Despite a recent uptick, rates for all fixed-loan products continue to sit near historic lows. 

Whether it pays to pay a home this year largely boils down to your financial circumstances and what you intend to do with that property.
If you're buying an income property, there's huge demand for affordable rentals right now, so it could be worth paying a premium to add units to your portfolio.

Similarly, house-flipping profits recently reached a 20-year high, so now's a good time to get in on that game.

Assess your own finances and goals to see if buying is right for you, and if you are going to buy a property to live in, make sure you're an optimal mortgage candidate.


Jan 27, 2021 - https://www.fool.com/millionacres/real-estate-market/articles/should-you-buy-a-house-in-2021/#
CALIFORNIA HOUSING MARKET OVERVIEW

The California housing market ended 2020 on a high note as sales remained strong in December and median house price reached another record high. The same momentum has been carried forward in 2021. In January 2021, the California housing market had its largest increase in sales and pricing in 17 years. C.A.R. reported a double-digit price and sales growth on a yearly basis in January.

According to C.A.R., the existing single-family home sales totaled 484,730 in January on a seasonally adjusted annualized rate, down 4.9 percent from December and up 22.5 percent from January 2020. The year-over-year, double-digit sales gain was the sixth consecutive and the third straight month that sales surged more than 20 percent from a year ago.

Tight supply and steady demand from home buyers boosted home values across California real estate market. January’s statewide median home price was $699,890, down 2.5 percent from December and up 21.7 percent from January 2020. It is reported to be the biggest gain in home values in California since February 2014.

These trends show us that the California housing market remains very competitive. Growth of sales are prices are driven by low mortgagee rates, buyers seeking more living space, and a perennial shortage of housng supply. Homes are selling quickly with a minimal price reduction.
SOLD RECENTLY IN ROSEVILLE CA 95747

List Price: $650,000
Sold at List Price
Days on Market: 12 days
4 bd | 2 ba | 2,786 sq ft
Sold March 1, 2021
irish-music-header.jpg
Sun City Roseville Resident


Realtor Tette Vera
BRE#01496440

916-532-8455

tette@tettevera.com

www.tettevera.com
Ask About My Virtual Home Selling & Buying Programs
Placer County Association of Realtors Master's Club award recipient for the past 5 consecutive years which means I've sold over $5 million in real estate each year.