Allen Meredith's Blog Posts

Mortgage Rates Hit Lowest Point in 50-Year History

I'm sure you've all heard how low mortgage interest rates are.  And certianly now is a good time to buy your first home, move up or downsize (especially you empty nesters out there), or

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San Diego Calendar Of Events - November 2019

 Old Town Dia de los Muertos   Nov. 1-3 This free event will include the traditional candlelight procession on November 2nd. The celebration will continue throughout the weekend with

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Pending Home Sales Up and “Less Affordable” Down

 Encouraging Trends for Home Sales and Affordability        Pending Home Sales, which measures signed contracts on existing homes and is a good leading indicator

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Home Appreciation Is On The Rise, And The Demand – It May Be A Good Time For Homebuyers To Act Now

 In housing news, CoreLogic reported that home prices rose 0.5% in July and 3.6% year over year. The year over year reading increased from 3.4% to 3.6% and remains at a very sustainable and

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Too Much of a Good Thing for Rates

 The bond market and home loan rates hate good news. So, the influx of positive news abroad coupled with strong jobs data here in the U.S. pressured Mortgage Bonds lower and home loan rates

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Banks Fire Up Their Mortgage Machine For A Refinancing Boom

 Lenders thought it was time to shrink their mortgage businesses. Now they’re finding they were wrong.With rates for home loans sinking to their lowest levels since late 2016, Wells&

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San Diego Events Calendar - Sept 2019

Taste of Del MarExplore 20+ culinary creations from local and award-winning restaurants, experience 10+ craft beer and wine “Sip Stops,” and enjoy live music, all located around Village

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5 Questions to Ask Before Selling Your Home

 Selling your house is not as simple as just putting it on the market and waiting for offers from eager buyers to roll in. (Ah, if only...) If you have any hope that your sale will go smoothly,

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People Considering A Home Loan Should Be Prepared To Lock Rates

 This coming week is shaping up to be a monster, literally, as the three-headed monster of the Core PCE, the Fed meeting, and the Jobs Report will be on the schedule.In addition, the U.S./China

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How To Get Your Settlement From The Equifax Data Breach

 On September 7, Equifax announced that their data was breached from mid-May through July 2017. The breach was discovered on July 29. It is estimated that 145 million consumers were affected

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Positive Housing Market Indicators Continue

 Housing Market Indicators:Starts, Permits and Loans                 Housing Starts, which gives us a reading on

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Fed Chair Paving The Way For The First Fed Rate Cut In 10 Years

 This past week, Fed Chair Jerome Powell reaffirmed the Federal Reserve's dovish position as he testified on Capitol Hill, thereby paving the way for the first Fed rate cut in 10 years later

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Realtor.com predicts market shift impacting buyers is on the way

 The listing portal believes national inventory declines are likely to return and impact buyersA market shift that will impact buyers well into 2020 is likely on the way, according to Realtor

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How Can You Avoid Home Inspection Nightmares Before Buying Your Next Home?

 Before you close escrow on your new home, one of the most important things you should do is to have the home checked out by a professional home inspector. But what if you could have an

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San Diego Events Calendar - July 2019

Independence Day at the Border Come and enjoy Independence Day at the Border Celebration in San Ysidro complete with family activities, live music, drinks, food and fireworks!Date: Jul 1,

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4th of July Fireworks Celebrations

 Celebrate Independence Day San Diego StyleWhether you're traveling with friends or family, San Diego is everyone's first choice for 4th of July celebrations. Even locals can't think of

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15 Ways to Help You Better Protect Your Identity Before, During, and After Your Summer Travel

 You may already be worrying about some of the potential challenges that lie ahead for your summer travel, like lost luggage, unpredictable weather, or long flight delays. But there could be a

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The Fed Has Signaled Rate Cuts Are Likely Coming

What a difference a month makes. In May, stocks fell sharply, and interest rates declined each week. June has been a different story. The Fed has signaled rate cuts are likely coming. Stocks have

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All the Single Ladies...

 With the market ripe, rates historically low and unemployment down, we’re seeing an increase in a group of homebuyers that’s been growing steadily over time.According to NAR,

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Home Loan Rates May Continue To Drift Lower

 "Sell in May and go away"... an old Wall Street investment strategy which suggests not owning Stocks during the Summer months. That investment strategy certainly worked this past May as

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Not A Man Cave, A Ma'am Cave,,, That's What She Shed!

Man caves are passé. The fairer sex now are getting their creative juices going to design their own personal spaces. Apparently the inside of the entire home was not enough!After all and

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When Every Day Is Memorial Day

When Every DayIs Memorial DayBy David Gonzalez May. 22, 2015Over time, so many things lose their meaning. The sting of death, the heartbreak of loss, which loomed so large in the national

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Home Values Drop For The First Time In Seven Years

A one-month drop isn’t a trend yet, but Zillow estimates show that the market has signaled this for some time nowSignals in the housing market have been pointing to a potential drop

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Home Decor Items Worth Splurging On

Home Decor Items Worth Splurging onWhen it comes to save vs splurge, these items are a definite splurgeDecorating a home can be very expensive—but it doesn’t have to completely break the

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DO'S AND DON'TS OF PRE-SALE HOME REPAIRS

You’ve decided it’s time to sell your home. Your neighbor just sold for a pretty penny, but they also spent a lot on remodeling and renovations. Does that mean you need to upgrade your

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Americans Favor Owning Versus Renting a Home

Americans Favor Owning Versus Renting a HomeThe Census Bureau recently reported a homeownership rate of 64.2% in the first quarter of 2019, up from the 10-year low of 63.7% in the first quarter of

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San Diego Events Calendar - June 2019

2019 San Diego Rock ‘N’ Roll Marathon Series The Rock ‘n’ Roll Marathon Series has made running fun by infusing each course with live bands, cheer teams and more.Date:

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Should You Buy the “Less Than Perfect” Home?

When you’re shopping for a new home, you want to find a property that has all the features and characteristics you want. Perhaps you’re looking for a large deck surrounded by picturesque

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San Diego Events Calendar - May 2019

San Diego Farmers Markets Ongoinghttp://sdfarmbureau.org/BuyLocal/Farmers-Markets.phpSan Diego Food Trucks Ongoingwww.sdfoodtrucks.comGrunion Run Times 2019 Throughout MayThe times

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We're Seeing Confident Homebuyers in the Market

Buyers see it, they like it, they want it, they bought itThe Case-Shiller Home Price Index was released, which gives us an important, yet slightly dated, read on appreciation. Case Shiller has

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The Buzz - Spring Has Sprung

Spring has sprung. The rush was impactful with many multiple offers on attractive properties. Now the real estate trend will show a slowdown as buyers focus on summer plans.This is a good time to

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