Zillow Predicts the Wildest Home Price Swing Coming

[Ken and Ari Walker]

Buyers are depleted, stretched, and disheartened after bidding often over the past year and falling short. Over the past 12 months U.S. home prices are up 18.8% – an increase larger than any 12-month period leading up to 2008.

Unfortunately for Homebuyers, but good news for Real Estate Investors and Homeowners, Zillow’s latest forecast has the year-over-year rate of increase in property values at 22% followed by only a subtle slowdown. By February 2023, Zillow forecasts that the rate of increase will be 17.8%. Not good news for those Buyers desperate to find affordable housing.

As Buyers are getting locked out of mortgages due to increased rates and the Private Money mortgage Lenders are becoming increasingly important to Borrowers. In California, where the housing crisis is at its worst, Sun Pacific Mortgage has seen business double in the past 12 months, largely because we offer – FAST, cash-like mortgage solutions to beleaguered Borrowers. Unable to compete with wealthy Real Estate Investors snatching up properties, Private mortgages give the “little guy” a chance to win in the David vs. Goliath war being waged.

Give us a call at 707-523-2099 or visit our website at www.sunpacificmortgage.com to see what we can do to make your offer stand out in the crowd. We have been helping thousands of Californians just like you for over 34 years.

Click here to learn more about our company.

 

Best, Ken – The Guys in the White Hats
Hard Money Lead Loan Originator at Family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!  707-523-2099   www.Sunpacificmortgage.com
CA DRE License #01858042 and NMLS #1221130

 
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.