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Category: Market Trends

    Get Rich By Buying Your First Home

    By Lisa Forss | January 30, 2023

    How to Get Rich (or at Least Wealthier) by Buying Your First Home If you’re looking for ways to get rich, or at least richer than you are now, signing a 30-year loan doesn’t exactly sound like the best idea, but buying a home can be a great way to start building wealth. In fact,... Read More

    Make a Home Down Payment Without Wrecking Your Finances

    By Vanessa Silva | June 10, 2019

    Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly. But putting too much down could leave you without enough cash for home maintenance — or anything else. Pinpointing the right amount involves balancing the advantages... Read More

    The Ultimate Home Financing Guide

    By Vanessa Silva | January 4, 2019

    Congratulations! You’re ready to buy a home. But before you start scouring the MLS, you need to secure a home loan. To ensure that the financial stage of your home buying goes smoothly, brush up on the ins and outs of the process.   The three most popular types of loans: Fixed-Rate Mortgage This is... Read More

    Simple Solutions for Down Payment Saving

    By Vanessa Silva | November 16, 2018

    The thought of putting thousands of dollars into a down payment for a home might bring out a lot of emotions: fear, dread, anxiety. Does any of that ring a bell? Saving for a down payment is no easy task, but it is totally achievable with the right mindset and strategy. Implement some of these... Read More

    Safer Mortgages Rise From the Ashes of ’08 Financial Crash

    By Vanessa Silva | November 9, 2018

    Safer Mortgages Rise From the Ashes of ’08 Financial Crash Mortgages are safer now than they were 10 years ago. That’s the main effect the 2008-09 financial crisis has had on the mortgage market. The following loan types were popular during the housing boom in the early- to mid-2000s but are unavailable now to most borrowers:... Read More

    What Is Absorption Rate and What Can It Tell Us About Our Market?

    By Goran and Lisa Forss | August 29, 2018

     What does supply and demand tell us about our market? Let’s find out. Looking to buy a home? Search all homes for sale here. Looking to sell your home? Use our free home evaluation tool here. Current supply and demand is one component of our market that every buyer, seller, and homeowner should understand.... Read More

    What Do Recent Market Trends in Temecula Mean for the Value of Your Home?

    By Goran and Lisa Forss | March 3, 2015

    Welcome back to the Team Forss Huddle! Today, we want to give you a quick update on the Temecula Valley real estate market. In a normal market, we have around five to six months of inventory. In a slow market, we’ll see as high as a ten month supply of homes. Recently, inventory in Temecula has... Read More

    Mid-Year Real Estate Market Update

    By Goran and Lisa Forss | July 21, 2014

    Whether you’re thinking of making a move to the Temecula Valley or are already here and are considering a sale of your house or condo, having a keen grasp of the local real estate market and its performance throughout the year will be helpful. Below we’ll share a quick mid-2014 update on the Temecula real... Read More

    Market Update – July 2013 [INFOGRAPHIC]

    By Goran and Lisa Forss | July 17, 2013

    Available inventory continues to disappear as the market gets hotter and median sold prices in Temecula, Murrieta, Winchester and Fallbrook are rising with our Summer temperatures! Outlined in the infographic below, you can see that year over year in the Temecula market that median sold prices are up 32% over this time last year and... Read More

    Market Update – June 2013 [INFOGRAPHIC]

    By Goran and Lisa Forss | June 27, 2013

    The Temecula, Murrieta, Winchester and Fallbrook markets continue to heat up as we move further into 2013! You’ll notice in the infographic below that sale prices are still on the rise as are sold prices, but inventory continues to fall – in Murietta and Winchester we’re at exactly one month of inventory.  Now is the... Read More

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