Author Archives: Chris Murray
Fed Raises Rates 50 basis points 12 14 2022
Hope you are having a great Holiday season! As you may have heard, the fed raised the benchmark interest rate yesterday by 50 basis points, which is a significant drop off the 75 points they have raised the rate each of the last few months. So, what does this mean? Well, when the fed raises... Read More
December 2022 Real Estate Market Update
Hope you all have a very Happy Holiday season! Here is your market update for this month. In November, we saw the largest rate DROP in history with rates falling 0.6% overnight off of good inflation news and since then rates have come down even more. Despite the rate improvement, we are now facing the... Read More
October Market Update
Here is your market update for October. Rates have continued their upward trend as the fed raised its benchmark rate by another 75 basis points last month resulting in rates hovering around 7.35% which represents an increase of a full 2.0% over the course of the last two months or so resulting in buyers becoming... Read More
September 2022 Market Update
As you can see, the market has moved from the holding pattern it has been in the last few months with rates going up a full 1% over the course of the last month. We still see many sellers in denial that their value has receded resulting in tons of standing inventory. Houses that have... Read More
August 2022 Market Update
We just wanted to keep you up to date on what we are seeing in the real estate market right now. As you know, interest rates had soared to nearly 6% from the 4.25% we had end of March and from the 2.5% we enjoyed at end of 2021 and I am sure you heard... Read More
When is a room a bedroom?
Here is a great article from realtor.com answering a very common question. What is required to be considered a bedroom? Read More
Southern California Renovations Perfect for Winter 2020
Southern California is known for having incredibly mild winters, so what better time to tackle some home renovations? Plus when you take into consideration the pandemic and being stuck in the house for months on end, it’s not unusual for people to want a change. Plus, when you take into consideration 92% real estate agents,... Read More
What a Post COVID-19 World Will Look Like for Home Buyers and Sellers
Site: https://www.inlandempiresold.com/ What a Post COVID-19 World Will Look Like for Home Buyers and Sellers Many home buyers and sellers have promptly hit the brakes on their real estate endeavours — which at the start of 2020 seemed very promising. With the spread of the coronavirus and the incoming recession, many are wondering the... Read More
RE/MAX Empire Properties Response to COVID-19
In response to the Coronavirus (COVID 19) and National & State Emergency Declarations, our in office operations have been put on hold effective end of day March 18, 2020 until further notice. The health and well-being of our staff and clients are important to us. Our staff will remain available for business and will be... Read More
National Moving Month
By Kelli Brewer Tips For Moving Day: What To Plan For Making the decision to move is a big one, and it comes with a ton of planning and preparation. From how to know which movers to hire to finding smart ways to pack, getting ready for a move is a lot of work and... Read More
- 1
- 2