OK! Not an easy time to buy a home, but people are doing it!

 Yes, Inflation is surging!  However, While it's not an easy time to buy a home, people are still doing it and reaping the benefits!

• It beats the alternative of renting
• Rates are still historically low
• Buying a home is still one of the best investments you can make
• Tax Benefit
• Pride of home ownership
• It's forced savings
• If you work with the right professionals; the process can be simple and efficient; taking the fear out of the transaction.

Pre-Qualified?  Do you know how much you can afford before you start shopping for a new home?  What is the max payment you can live with?  How's your credit?  

Have Questions, please call Lisa @ 818-359-4145

Have We Peaked? Can We Finally Get Back To A Sane Housing Market? Hold That Thought

 Welcome to The Bani Group Briefing. Has there been a wilder year in real estate than 2021? According to the statisticians, NO. Home owners are sitting on more equity in their homes as of Sept. 2021 than at any time in history. S&P said this week that its closely watched S&P CoreLogic Case-Shiller 20-city home price index surged 19.9% in July from a year earlier, the largest gain on records dating back to 2000.

So have we peaked? Probably not. There is still the problem of massive shortages in housing supply, and a never-ending line of buyers reaching the age where they're OVER the rental life. 

With homeowners stuck, unable to afford to move, it ripples throughout the entire housing market. Homeowners in California, Washington state and Idaho saw among the biggest average equity increases in the second quarter: $116,000 in California alone.