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Solari Group Real Estate News Blog

Wednesday, September 22, 2021   /   by Nicole Solari

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working from home would be temporary, so they chose to get creative and make the space they already had work for them. But recent headlines indicate working from home isn’t a passing fad.
If you’re still longing for a dedicated home office, now may be the time to find the home that addresses your evolving needs. More and more companies are delaying their plans to return to the office – others are deciding to remain fully remote permanently. According to economists from Goldman Sachs in a recent article from CNN:

“Job ads increasingly offer remote work and surveys indicate that both workers and employers expe. ...

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  real estate, the solari group, level up realty, home ownership, homebuyers, buying, homes for sale, selling, for buyers, home office, housing market update, solanocounty, top realtor, work from home

Monday, September 20, 2021   /   by Nicole Solari

Is It Time To Move on to a New Home?

If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.
To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their houses. It says:

“People who move for home-related reasons might need a larger home or a house that better fits their needs, . . . Financial reasons for moving include wanting a nicer home, moving to a newer home to avoid making repairs on the old one, or cashing in on existing equity.”

If you’ve been. ...

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  real estate, the solari group, level up realty, home ownership, homebuyers, buying, homes for sale, realtor, selling, for buyers, first time home buyer, for sellers, moving, housing market updates, pricing, move up buyers, home price, solano county, napa valley, market update, selling tips, home buyer tips, housing market

Wednesday, September 15, 2021   /   by Nicole Solari

5 Tips for Making Your Best Offer

In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams.
Below are five things to keep in mind when it’s time to make an offer.
1. Know Your Budget
Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it:

“This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.”

Showing sellers you’re serious can give you a competitive edge. It enables you to act quickly when you’ve found your perfect home.
2. Be Prepared To Move F. ...

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  real estate, the solari group, level up realty, home ownership, real estate agent, buying, for buyers, first time home buyer, moving, pricing, first time home buyers

Monday, September 13, 2021   /   by Nicole Solari

Why It’s Still Safe To Sell Your Home

If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices are here to stay. As Bob Goldberg, CEO of the National Association of Realtors (NAR), puts it:

“The pandemic has confirmed to all of us in the industry that technology will continue to transform real estate.”

Below is a closer look at some of the new tools real estate professionals are using to better serve sellers.
New and Existing Technology Are Impacting the Process
In the 2021 Realtor Technology Survey, NAR asks real estate professionals their opinions on the most valuable pieces of technology for their business over the past 12 months. The graph below highlights the top five. ...

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  real estate, the solari group, level up realty, home ownership, homes for sale, selling, for sellers, pricing, solano county, napa valley, infographics, market trends, selling tips, for sale

Friday, September 10, 2021   /   by Nicole Solari

Home Price Appreciation Is Skyrocketing in 2021. What About 2022?

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year.

Here are the latest percentages showing the year-over-year increase in home price appreciation:


The House Price Index (HPI) from the Federal Housing Finance Agency (FHFA): 18.8%



The S. National Home Price Index from S&P Case-Shiller: 18.6%



The Home Price Insights Report from CoreLogic: 18%


The dramatic increases are seen at every price point and in all regions of the country.

Increases Are Across Every Price Point

According to the latest Home Price Index from CoreLogic, each price range is seeing at least a 19% increase year-over-year:

Increases Are Across Every Region in the Country

Every region in the country is experiencing at least a 14.9% i. ...

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  real estate, the solari group, level up realty, for buyers, for sellers, housing market updates, pricing