Even the experts were surprised by the growth in the California housing market during 2020. Almost every county had rising real estate values & sales including Sonoma County, Napa, Marin, Monterey, San Mateo and San Francisco. The big question now is: What will the market look like in 2021? Here are some of the facts that drove the market this past year and how they may play out in 2021:
Despite everything that happened this year, the real estate market not only survived but thrived and played a big role in our California economic recovery. The next 12 months are just as promising. Buyer traffic is predicted to stay high and inventory levels are expected to rise.
If you saw your FICO score decline during these past months, or are self employed with difficult to prove income or having some other difficulty with mortgage approval to or refinance property, give Sun Pacific Mortgage a call at 707-523-2099. We offer private money financing on real estate to borrowers who want fast financing or do not qualify for conventional loans at the moment. We may be able to help you, too.
Best, Forest – The Guy in the White Hat
Hard Money Broker and Co-Owner of family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988! 707-523-2099 www.sunpacificmortgage.com.
CA DRE license #010005559 and NMLS #289456
Note: Get our financing despite bad credit, difficult to prove income, property a fixer, etc.! We finance Jumbo loans, Bridge and short-term loans, Owner Occupied purchases and refinances, investment purchases and commercial.
The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.