Even when inflation is high like today, Americans recognize owning a home is a powerful financial decision. Because inflation has reached its highest level in 40 years, it is more important than ever to understand the benefits of home ownership. Rising inflation means prices are increasing across every commodity, and that includes goods, services, housing costs, and more. When you buy a home, you lock in your biggest budgetary item each month.
For 9 years in a row Americans have… Continue
Added by Ken and Ari Walker on June 23, 2022 at 12:47pm —
With interest rates rising and inventory falling, it is no surprise that we found this May very different from last May. Here’s a snapshot of what happened in three of the North Bay counties last month in single-family residence sales:
- 492 Sold (22% fewer than 2021)
- 416 New Listings (40%…
Added by Ken and Ari Walker on June 21, 2022 at 11:31am —
Over the last thirteen years real estate has been in a Bull market, which changed the way that we look at the 7-year cycle that previously rang true. This heating and cooling of the market, low interest rates, and removal of subprime loans has created something better and different than before.
Some of the gains have been:
- Larger equity increases across the entire state
- Record low default and foreclosure rates
- High demand / Low Inventory
Added by Ken and Ari Walker on June 16, 2022 at 3:02pm —
Turned Down Elsewhere?
We Can Help Get You Fast Loan Approval!
See our recent blog about current market conditions:… Continue
Added by Ken and Ari Walker on June 16, 2022 at 11:51am —
One of the hottest topics in the world of real estate today is the shortage of available homes. There are just too many Buyers and not enough Sellers. This means good news for Sellers, not so much for Buyers. But as life begins to return to normal, that may begin to change.
If we look for the root cause(s) of this shortage, we find the… Continue
Added by Ken and Ari Walker on June 14, 2022 at 1:43pm —
Our Direct Private Money loans can get that refinance or purchase loan done when a traditional Lender unfortunately cannot. And, we can QUICKLY FUND!
Recently Funded… Continue
Added by Ken and Ari Walker on June 9, 2022 at 11:34am —
For a variety of reasons, thousands of California Homeowners are adding Accessory Dwelling Units to their property. Whether it is for housing adult kids, aging parents, or another source of income, these smaller homes can be built for a fraction of the cost of a new house and can be installed relatively quickly.
These units are viewed as part… Continue
Added by Ken and Ari Walker on June 7, 2022 at 10:21am —
At Sun Pacific Mortgage we resolve lending issues – for investment properties & primary residences alike! We’ve helped many Brokers, Lenders and their Borrowers find a comfortable way out of seemingly impossible situations, like we recently did below:
Loan of the… Continue
Added by Ken and Ari Walker on June 2, 2022 at 11:59am —
A newsletter to current and future Investors at Sun Pacific Mortgage
For over 34+ years in the lending business, we have always viewed our Investors as our biggest asset. Without… Continue
Added by Ken and Ari Walker on May 31, 2022 at 11:42am —
Private Money – The Bridge To A Future Home
After 34 years of experience, we are specialists at helping bridge the distance for individuals who need additional financing to buy a… Continue
Added by Ken and Ari Walker on May 26, 2022 at 11:38am —
Just as the pandemic put a temporary damper on the housing market, so too did the jump in mortgage rates. But just as the economic shut down didn’t have a lasting effect on the market, neither will this increase in mortgage rates. And the reason is the same – very little inventory. There are still more Buyers than Sellers and that is driving the… Continue
Added by Ken and Ari Walker on May 24, 2022 at 10:18am —
We’re Direct Lenders – The Guys In The White Hats
Take advantage of our Private Money Programs if you are in need of FAST financing. We can also help if their debt-to-income… Continue
Added by Ken and Ari Walker on May 19, 2022 at 11:47am —
Analysts, Economists, and Industry Commentators have much, and sometimes divergent, opinions about the present and future of real estate in Sonoma County. They all agree, however, that sales data in the coming months should provide more concrete indicators of the market condition.
The experts have commented that when hot markets shift to cooler, the effects are typically reflected in reductions in multiple offers, overbidding, and the number of homes going into escrow. All these… Continue
Added by Ken and Ari Walker on May 17, 2022 at 10:40am —
Our Hot Private Money Program
Are you just short of qualifying for your traditional “A-paper” loan for a refinance or purchase? Let our HOT … Continue
Added by Ken and Ari Walker on May 12, 2022 at 10:40am —
At the top of the question list for Buyers last year and this year is, “Why is it so hard to find a house to buy?” Simply stated: The number of Buyers greatly outstrips the homes available for sale. There are two main reasons the housing supply is low and what it may mean for…
Added by Ken and Ari Walker on May 10, 2022 at 10:00am —
The short answer to this persistent question is, “Nobody knows.” This statement comes from Edward Seller, Associate Vice President for Housing Economics at the Mortgage Bankers Association.
So, where does that leave the everyday Homebuyer with rents soaring faster and steeper than mortgages? One Redfin Realtor said that she hears people are… Continue
Added by Ken and Ari Walker on May 3, 2022 at 2:24pm —
Bridge The Distance with Private Money
Do you or someone you know want to consolidate debt? How about upgrade your house, purchase a rental for additional income, get your kid… Continue
Added by Ken and Ari Walker on April 28, 2022 at 10:44am —
Some might consider interest rates to have the most influence on the housing market, but that is only one factor in a confluence of factors including: local economic conditions, financial markets, housing affordability, consumer confidence, inflation, migration, the pandemic, war, debt, and government policies. Each of these conditions can have major… Continue
Added by Ken and Ari Walker on April 26, 2022 at 10:20am —
Hold Onto That Loan With Private Money
If you or someone you know are having a tough time getting that refinance or purchase loan done, give us a chance to help you hold onto that… Continue
Added by Ken and Ari Walker on April 21, 2022 at 1:46pm —
The real estate market in California mirrored the rest of the country in 2021. Home prices increased by double digits in the more affordable areas, such as Sacramento and Riverside. The San Francisco Bay area had more modest increases, due in part to Buyers being anxious to relocate to more affordable, suburban areas. The San Francisco housing market… Continue
Added by Ken and Ari Walker on April 19, 2022 at 10:31am —