Median Days on the Market Drops Again!
Throughout this year the median days on the market (DOM) has consistently gotten lower every month. When compared to year over year figures from 2016, there is often a 50% drop in the number of days on the… Read More
5 Reasons to Hire a Real Estate Professional when Buying or Selling
Whether you are buying or selling a home, it can be quite an adventurous journey. This is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant… Read More
5 Reasons Home Ownership Makes ‘Cents’
The American Dream of home ownership is alive and well. Recent reports show that the US home ownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer,… Read More
Riverside Real Estate Update
Prices continue to creep up in the Riverside real estate market. For a quick and easy update, check out the infographic below. If you would like monthly updates for your zip code or neighborhood, sign into our website… Read More
Inventory Shortage is Slowing Sales
The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year… 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
Home Inventory Logic
If you are one of the many homeowners out there who are debating putting their house on the market this year, don’t miss out on the great opportunity you have right now! The latest Existing Home Sales Report… 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
The Ransom-McKenzie Team 