Be Ready To Buy

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. In… Read More

69% of New Homebuyers are Wrong About Down Payment Needs

According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, 69% of potential first-time buyers still believe a 20% down payment is necessary to buy in today’s market. Nearly… Read More

Inventory Shortage = Inventory Mismatch

The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6 month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than… Read More

Reality TV: Myth v.s. Real Life

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,”… Read More

Millenials vs Boomers

According to the Census Bureau, millennials have overtaken baby boomers as the largest generation in U.S. History. Millennials, or America’s youth born between 1982-2000, now represent more than one quarter of the nation’s population, totaling 83.1 million. There… Read More

Interest Rates Going UP in 2017

According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% shortly after the election last month. Interest rates had been hovering around 3.5% since June, and many are… Read More

Home Sales Continue UP

People often ask us how the world of real estate is doing in Riverside. Especially now that we’re closing in on another year, and are looking into next year with a new Presidential administration. We can honestly say… Read More

Sales Price vs. Appraised Value

The Ransom-McKenzie Team is often contacted by sellers who are interested in determining the value of their home.  In many instances, they already have a number in mind, they are just looking for us to validate their price…. Read More

High Foot Traffic = Hot Home Sales

Getting traffic through your home when it is for sale is always a key component to getting the home sold.  Foot Traffic is also an indicator used to predict the strength of the real estate market.  Guess what?… Read More

Open House Today!

We’re holding an open house at our new listing at 2940 Floral Avenue in Riverside.  Join us from 1-4pm TODAY, Sunday, June 14th to see this beautiful home. This home is located in a secluded neighborhood surrounded by nature & Box Springs… Read More