Frances Chevalier on LinkedIn: Home for Sale at 20770 Ottawa Road, Apple Valley, CA 92308 (2024)

Unlocking the Benefits of Your Home's EquityEquity is the difference between what your house is worth and what you still owe on your mortgage. The typical homeowner gained $28,000 over the past year and has a grand total of $305,000 in equity. And there are a lot of great ways you can use that equity. Want to know how much equity you have? Let’s connect so you can get a Professional Equity Assessment Report (PEAR).#homeequity #homeownership

Even though the Buyer Agent Commission doesn’t have to be paid by the seller once the NAR settlement changes take effect August 17th, here are some reasons why it may be in the sellers best interest to still cover the Buyer Agent’s compensation. #sellerconcessions #sellersmarket #thinkingaboutselling #sellinghome #realestate #interestrates #buyrealestate #sellrealestate #realestatestats #closingcosts #iloverealestate #realestatestyle #allthingsrealestate #realtormomlife #realtorboss #realestatenews #realtoring #realtortips

Do high prices at the gas pump and grocery store have you worried more people are going to fall behind on their mortgage payments? If you’re thinking that’ll lead to a surge of foreclosures, let this reassure you. Serious delinquencies (loans that are 3 or more monthly payments past due) are on the decline – so there’s no wave of foreclosures on the horizon. #notahousingcrash #housingmarketupdate

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Who has a green thumb out there?Frances ChevalierRealtorDRE#01267931Coldwell Banker Home Source

New trend alert. The median price for new builds has dipped lower than the median for existing homes. Plus, some builders are tossing in sweet perks like competitive mortgage rates and free upgrades. So, if you aren’t already considering brand-new homes, it may be worth looking into. Drop a comment with your dream home feature, and let’s find your perfect fit together.#newconstruction #dreamhome

The Median Price For New Homes Is Coming Down! #callfranthencallthemovingvan

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A Newly Built Home May Actually Be More Budget-FriendlyIf you’re in the market to buy a home, there’s some exciting news for you.Here are two key reasons working with your agent to look into new home construction could help you find a more budget-friendly option.Reason 1: Lower Median Prices for Newly Built HomesThe median sales price for newly built homes is lower than the median sales price for existing homes today. This might seem surprising, but it’s true according to the latest data from the Census and the National Association of Realtors (NAR).Why is that? Builders are focused on building what they can sell. And...#opportunity #housingmarket

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