July 14, 2024

Home Mortgage Rates

Russia & Ukraine  CRASH Mortgage Interest Rates

Home mortgage rates PLUNGED yesterday due to the Russian Invasion of Ukraine. But now Mortgage and Interest Rates are surging back up after Jerome Powell testified before Congress. Where does this leave the US Housing Market in early 2022? When will the HOUSING CRASH start?

Home Mortgage Rates

San Diego townhome - Home Mortgage Rates

With the huge increases in home appreciation throughout the United States, locals in many cities now are being priced out of the housing market. This is mainly due to the fact that  local wages have not increased anywhere near the increases seen in the housing market.

So, when one considers the typical mortgage cost and taxes for owning a home, in a large number of cities the local residents cannot qualify any longer to purchase the average home. Typically, when this situation has occurred in the past, it usually marks the top of a real estate bubble.

Today, with rising mortgage rates,  and the announcement by the Federal Reserve , that they will be raising interest rates multiple times this year, it would seem certain that the housing markets could be in store for a major drop.

Naturally, local wages and housing prices are quite different than various cities. So, where the home ownership costs compared to the average earnings of the local population, are way out of line, these cities pose the greatest potential home price drops


San Diego Real Estate Website for sale

An  opportunity to purchase a two-decade old real estate site ( https://brokerforyou.com/brokerforyou/) centering on San Diego California. Besides a very unique and generic URL, the site has over a thousand pages of content which provides for easy updating and basic SEO techniques to regenerate it’s hi keyword standings for San Diego real estate.

  • www.brokerforyou.com is 24 Years old! The vast majority of search engine professionals agree that the age of a website is an important factor in the Google algorithm.

    There is also another undisputed factor in the ranking of websites. That factor, is the amount of unique specific content published on the website. So, it’s pretty hard for a two year old or a five-year-old or for that matter a 10-year-old website out rank a 24-year-old website that has 2 to 4 times the content.

    San Diego real estate opportunity  www.brokerforyou.com is for sale! if your real estate broker in San Diego California or thinking of expanding your brokerage business into San Diego, purchasing www.brokerforyou.com to give you a huge boost in becoming a player in the residential San Diego real estate market.

    Brokerforyou.com is for SALE

    Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65  billion! YouTube now operates as one of Google’s subsidiaries.

    www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!

    What’s the approximately monthly cost to host a website?  With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month!  Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.

    Interested, call Bob Schwartz (619) 286-5604 for additional information

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