May 16, 2024

Tips for Younger Homebuyers: How To Make Your Dream a Reality

May 16, 2024/ Steven Cozza

If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you.

While there’s no arguing this housing market is challenging for first-time homebuyers, it is still achievable, especially if you have professionals on your side.

Here are some helpful tips you may get from a pro.

February 23, 2023

How To Make Your Dream of Homeownership a Reality

February 23, 2023/ Steven Cozza

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

However, it’s unlikely all 28 million Americans will accomplish that goal in the coming year. Experts project a total of around five million homes will be sold in 2023. Why is there such a big difference? It’s partly because there can be challenges to buying a home.

January 26, 2023

Want To Sell Your House? Price It Right.

January 26, 2023/ Steven Cozza

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly.

May 27, 2021

Where Do Experts Say the Housing Market Is Heading?

May 27, 2021/ Steven Cozza

As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come.

May 06, 2021

4 Big Incentives for Homeowners to Sell Now

May 06, 2021/ Steven Cozza

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listings to come on the market. However, many homeowners are concerned that selling their homes could be challenging for several reasons.

March 18, 2021

How to Make a Winning Offer on a Home

March 18, 2021/ Steven Cozza

Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical stage of the homebuying process.

March 04, 2021

Are There Going to Be More Homes to Buy This Year?

March 04, 2021/ Steven Cozza

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale is at an all-time low – the lowest point recorded since NAR began tracking this metric in 1982. There are, however, more homes expected to hit the market later this year. Let’s break down the three key places they’ll likely come from as 2021 continues on.

February 12, 2021

Real Estate Report - February

February 12, 2021/ Steven Cozza

Our January report focused mostly on 2020’s annual statistics. This report will put most of its attention on quarterly and monthly indicators, which better illustrate changes occurring as 2020 progressed: pre-pandemic to initial pandemic crash through the subsequent market recovery. In some counties - and of course, Sonoma is one of them - the terrible fires of late summer, early autumn also affected market dynamics to varying degrees.

The 2021 market began with a bang: The number of listings going into contract in January was more than 50% higher than in January 2020, a tremendous increase. As is the norm, new listing activity climbed from the typical annual low point in December.

January 28, 2021

What Record-Low Housing Inventory Means for You

January 28, 2021/ Steven Cozza

The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) released their Existing Home Sales Report, which shows that the inventory of homes for sale is currently at an all-time low.

January 21, 2021

Real Estate Report - January

January 21, 2021/ Steven Cozza

Happy New Year! We hope 2021 is a wonderful year for you and your loved ones. 2020 was certainly a year of social, political, economic and environmental extremes. Despite the hard times we are proud to say that we helped more people last year than we ever have. We are so grateful for your support recommending our services to friends and family and for the hard work of the members of the Cozza Team. We look forward to whats to come in 2021 and to helping even more in the communities we serve.

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Cozza Team