Thursday, November 13, 2025 / by Joyce Dungca
A lot of buyers are stuck in “wait and see” mode right now. They’re watching rates hover a little above 6% and thinking, I’ll buy once they hit the 5s. Because who doesn’t want a better rate?
But here’s the thing: that 5.99% number might not save you as much as you think.
Affordability is still a challenge. There’s no question about that. But the market has given savvy buyers a head start. Mortgage rates have already come down over the past few months. And the drop we’ve seen saves you more than you’d think.
How Much You’ve Already Saved, Without Realizing It
Let's put some real numbers to it. Rates peaked for the year in May when they inched above 7%. But since then, they’ve been slowly declining. Now, they’re sitting in the low 6s. And while that may not sound like a big deal, that change translates to real dollars.
According to data coming out of Redfin, the typical monthly paym ...
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team raj jaggi, buyers, sellers, housing market, homeownership
Wednesday, November 12, 2025 / by Joyce Dungca
If it feels like you’re seeing new construction signs pop up everywhere, you’re not wrong. Builders have been busy. And it’s left some people wondering: Are we overbuilding like we did right before the 2008 housing crash?
No matter what you may hear in the news, there’s no reason for alarm. In reality, data shows builders aren’t racing ahead, they’re actually starting to tap the brakes.
Builders Are Pulling Back, Not Piling On
Permits (applications to start building new homes) are one of the best early indicators for what's next for home construction. And right now, building permits are trending down, not up. Here’s why that’s so important.
In the years before the housing crash of 2008, builders really ramped up their production of single-family homes (the red arrow in the graph below). And unfortunately, they built far more homes than the market actually needed. That oversupply le ...
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team raj jaggi, buyers, sellers, housing market, new construction homes, home builders
Tuesday, November 11, 2025 / by Joyce Dungca
If you’ve served in the military (or if your spouse has), you have access to one of the most powerful homebuying tools out there. The chance to buy a home without having a down payment.
Unfortunately, 70% of Veterans (that's 7 out of every 10) don’t know about this benefit, according to Veterans United.
And that’s a big missed opportunity for those who’ve earned this benefit through service. So, let’s break down what you really need to know about Veterans Affairs (VA) home loans right now.
Why VA Home Loans Can Be a Great Option
For nearly 80 years, VA loans have made homeownership possible for millions of Veterans and active-duty service members. Here are just a few of the top perks according to the Department of Veteran Affairs:
Options for $0 Down Payment: Many Veterans can buy a home without spending years saving up.
Fewer Upfront Costs: The VA limits which types of closi ...
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team raj jaggi, buyers, sellers, housing market, homeownership, home buying, downpayments, veterans loan
Tuesday, November 11, 2025 / by Joyce Dungca
Trying to break into the market without breaking the bank? You may want to look at fixer-uppers. The median listing price for the typical single-family home is $436,000. But for fixer-uppers? It’s only around $200,000. And if you’re doing the math, that’s about 54% difference. Now, a house that needs elbow grease isn’t going to be right for everyone. Repairs and updates cost time and money. But for handy buyers, that price gap could be what gets their foot in the door. Would you take on a house with potential if it helped you become a homeowner? DM me or drop a comment below. #FirstTimeHombuyer #BuyingTips #KeepingCurrentMatters ...
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team raj jaggi, buyers, sellers, housing market, first time buyers
Thursday, November 6, 2025 / by Joyce Dungca
There’s been a lot of talk lately about how a government shutdown impacts the housing market. You might be wondering: Is it causing everything to grind to a halt?
The short answer? No.
The housing market doesn’t stop. It keeps moving. Homes are still being bought and sold, contracts are still being signed, and closings are still happening. The difference is that a few parts of the process may slow down a little, but overall, the market continues to function.
Here’s What Typically Happens
Whenever the government shuts down, some federal agencies temporarily close or scale back their operations. That can cause a few hiccups in real estate, especially when it comes to processing certain types of government loans and insurance requirements:
“Applicants for FHA, VA, or USDA loans—which account for about one-quarter of all mortgage applications—may encounter significant processing delays due to agency furloughs.&rdq ...
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team raj jaggi, buyers, sellers, housing market
