Why So Many Homes Are Suddenly Vanishing from the Market — And What It Means in 2025 🏠

If you’ve been paying attention to housing news lately, you might’ve noticed something strange: homes are popping up for sale and then quietly vanishing. No, it’s not a glitch in your Zillow app. (which I hate by the way, but I digress) Across the country, sellers are pulling their homes off the market faster than you can say “open house,” and it’s creating some serious confusion.

Let’s unpack what’s happening, why it matters, and what it means if you’re buying or selling a home right now.

The Great Disappearing Act

Here’s the headline grabber: according to Redfin, nearly 85,000 homeowners pulled their listings in September 2025—that’s a 28% increase from last year and the highest delisting level for that month in almost a decade.

In other words, people are testing the market, not liking what they see, and saying, “Nope, not today.”

The odd part? There are actually more homes being listed overall. But with buyers moving slowly and sellers holding tight to high expectations, many listings are just sitting—getting stale—until owners decide to call it quits.

Why Sellers Are Throwing in the Towel

Selling a home right now can feel like showing up to a party that ended two years ago. During the pandemic, homes sold in hours with bidding wars and love letters. Now? Seven out of ten listings sit for over 60 days without any real action.

The reason is simple: affordability. Mortgage rates are still high, prices are high, and buyers are tired. Many who want to buy simply can’t swing it, while sellers are clinging to yesterday’s prices.

Even worse, about 15% of homes on the market this fall were at risk of selling at a loss—the highest level in five years. Rather than take a hit, many homeowners are choosing to rent their property or wait until the market “feels better.”

Can’t really blame them—but it’s changing the game for everyone else.

The Illusion of Inventory

You’d think that with more listings, prices would drop. But not so fast. The truth is, the housing market has turned into a bit of an illusion.

While there are more homes technically listed, thousands are being delisted or left to expire. That makes the supply look bigger than it really is. So prices? They’re still hanging tight because fewer homes are actually available for purchase.

As one Redfin economist put it, this keeps “inventory tighter than it looks on paper.” Translation: the homes that are priced right and move-in ready are still getting attention—but everything else is in limbo.

A Market in Slow Motion

Here’s a wild stat: only 28 out of every 1,000 U.S. homes changed hands in 2025—the lowest turnover in decades. For comparison, during the pandemic frenzy, that number was almost twice as high.

It’s like both sides are standing on opposite ends of a seesaw, waiting for the other to move first. Buyers are hoping mortgage rates drop, and sellers are hoping buyers will blink.

Meanwhile, Redfin reports there are now about 37% more sellers than buyers—a clear sign that we’re in the strongest buyer’s market in over a decade. But here’s the twist: those buyers are picky. If a home isn’t priced right or doesn’t check enough boxes, it’s staying put.

What This Means for You

If you’re a seller, it’s time for a reality check. The market isn’t what it was in 2021. Overpricing your home will only make it sit longer—and may even push you toward that dreaded “delist” button. Be flexible, think long-term, and consider whether renting or waiting makes more sense for now.

If you’re a buyer, this might be your best window of opportunity in years. With fewer bidding wars and more negotiating power, you could snag a solid deal—especially on homes that have been lingering. Watch for delisted properties that suddenly reappear. Those sellers are often more motivated the second time around.

My Take: The Market Isn’t Crashing—It’s Catching Its Breath

What’s happening right now isn’t doom and gloom—it’s a pause. Sellers are cautious. Buyers are patient. And everyone’s waiting to see what happens next with rates and the economy.

But this kind of calm can be good. It gives buyers time to breathe, research, and plan. It gives sellers time to strategize instead of panic. And it gives smart investors (that could be you) a chance to study the patterns and make moves when the timing feels right.

The real estate market is shifting, but it’s not broken—it’s balancing.

The Bottom Line 💡

Whether you’re thinking about selling, buying, or just trying to make sense of all this market madness, the key is to stay informed and intentional.

If you’d like to chat about what’s happening in your area—or how to prepare financially for your next move—download my free Budget Workbook. It’s packed with easy tools to help you understand your numbers, plan your next step, and make smart money moves before your next real estate decision.

Download Here: Getting A Handle On Your Finances

No One Deserves To Be Hungry

Need Food? Here’s Exactly Where to Go—In Any State

This is a practical, no-judgment guide. Share it with anyone who needs it.

How this works:
Start with Step 1 below. If that doesn’t solve it today, move to Step 2, then Step 3. I also included options for kids, seniors, and folks without transportation.

Step 1: Get Food Today (fastest options)

A) Find a nearby pantry or mobile distribution - Use the Feeding America finder and plug in your ZIP. You’ll see open hours, drive-thru pop-ups, and contact info.

B) Call 211 - Dial 2-1-1. Tell them your ZIP and any limits (no car, disability, no ID). They’ll point you to same-day options and delivery partners where available.

C) Talk to a real person at the USDA Hunger Hotline - 1-866-3-HUNGRY (English) or 1-877-8-HAMBRE (Spanish), Mon–Fri, 8am–8pm ET. - Prefer text? Send your ZIP to 914-342-7744* for local resources.

D) WhyHunger - Search their national database, or call 1-800-5-HUNGRY. Great for faith-based and grassroots sites that don’t always show up elsewhere.

For kids & teens: Check the No Kid Hungry locator or text FOOD (or COMIDA) to 304-304 for free meal sites when available.

Step 2: What if benefits are delayed or changed?

Program funding and timing can shift. If you use SNAP/EBT, watch messages from your state agency and your EBT card support line for deposit timing, emergency issuances, or replacement benefits after outages. When in doubt, call 211—they track real-time local updates and workarounds.

Good to know: WIC (for pregnant/postpartum adults, infants, and kids under 5) is a separate program with its own clinic network. If you’re eligible, ask 211 or your local health department for the nearest WIC office.

Step 3: Quick path by state (simple game plan)

1. Pantry first: Use the Feeding America ZIP search and note two sites: one pantry + one mobile distribution.

2. Confirm by phone: Call to verify hours, ID needs (many don’t require any), and quantity limits.

3. Back-up plan: Ask 211 for delivery options, senior boxes, or college-student resources if relevant.

4. Recurring support: Ask the pantry about their weekly schedule so you can plan ahead.

Quick Help Box (print this or post on your social media)

Food pantries near me:** Feeding America → search by ZIP
Live help: Dial 211
Hunger Hotline: 1-866-3-HUNGRY/1-877-8-HAMBRE (M–F, 8a–8p ET)
Text for local food sites: Text ZIP to 914-342-7744
Kids’ meals: Text FOOD (or COMIDA) to 304-304

FAQs

Do I need ID or proof of income? Often no. Some sites ask for a simple form and basic info to track visits. If ID is a barrier, tell 211—they can route you to no-ID options.

No car? Ask 211 about delivery partners, mobile markets, or routes near public transit. Many pantries allow a friend or neighbor to pick up for you—ask about a proxy form.

Allergies or dietary needs? Mention it when you call. Some locations stock low-sodium, halal, gluten-free, or infant items when available.

College student or senior? 211 can point to student pantries, campus basics closets, and senior-specific pickups/CSFP “senior boxes.”

PLEASE NOTE I HAVE A FACEBOOK POST THAT HAS MORE INFORMATION ACROSS THE USA
https://www.facebook.com/reel/1141410774810259

Stuff You’ll Regret Dragging to Your New Place (Yes, Even That)

Moving is one of those rare moments where you realize your life is 30% stuff you use, and 70% stuff you forgot you had but suddenly feel weirdly attached to. It starts out optimistic—"fresh start!" vibes, a new space, a cleaner chapter. And then, somewhere between the third cardboard box labeled “random junk drawer things” and the existential dread of bubble-wrapping your past, reality hits: you're bringing way too much.

Sure, it’s easy to toss old Tupperware lids and jeans from your “maybe I’ll lose five pounds” era. But the real culprits are sneakier—the guilt-ridden, space-hogging items that whisper “you might need me someday” as you carry them from house to house like emotional support clutter.

Like that tangled mess of mystery cords. You don't know what they’re for. You’ve had them since the iPod Nano era. But they remain—just in case. A physical shrine to indecision, electronic FOMO, and the haunting idea that maybe, maybe, you’ll need to charge a 2009 Bluetooth speaker again. Spoiler: you won’t.

Then there's the collection of hobby supplies you swore would change your life. Remember when you were going to learn guitar? Or watercolor? Or crochet a cottagecore wardrobe and start an Etsy empire? What’s left now is a graveyard of “someday” crafts and unopened creative potential stuffed into bins labeled “misc art stuff.” You don’t need to move the guilt. You need to Marie Kondo the pipe dreams.

Speaking of dreams, let’s talk about that treadmill. You know, the one that's seen more laundry draped over it than sweat. It was a solid purchase at the time—a declaration of fitness goals and new beginnings. But let’s face it: if it’s been doubling as a clothes rack since your last move, you’re not suddenly going to become a cardio queen mid-unpack. Leave it for someone with more free time and less laundry.

And while we’re dragging regret across city lines, let’s not forget the custom curtains. They were perfect… for the old house. You saved them because they were expensive, because they were “still good,” because they made the dining room feel like a Nancy Meyers movie set. But guess what? They don’t fit your new windows. They never will. Now they’re just extra fabric taking up precious space and silently judging your new minimalist goals.

Oh, and the paint cans. The ones you’ve been carting around like toxic souvenirs from every wall you’ve ever painted. “I might need it for touch-ups,” you say, despite having no idea what shade “Whispering Almond” even is anymore. Let them go. They’ve served their purpose. Their next purpose is being responsibly disposed of—not stacked like awkward, rusting legacies in your new garage.

Then there’s the heirloom furniture you feel emotionally blackmailed by. It was Grandma’s, and no one else wanted it, so now it’s yours by default. Except it’s massive. And ugly. And makes your mid-century modern dreams cry. Moving it again won’t bring back the warm family memories—it’ll just bring another pulled muscle and more floorplan resentment.

And finally, we arrive at the kitchen gadgets. Oh, the gadgets. The juicer that takes 30 minutes to clean. The pasta maker you used once for Instagram clout. The bread machine you swore you’d fall in love with during lockdown and then promptly ghosted. These aren't culinary tools. They're heavy, awkward symbols of aspirations that never quite made it past checkout.

Bottom line: moving is not just a physical relocation—it’s a chance to stop living in the museum of Past You. Don't pack your guilt. Don't box up your “what-ifs.” Just because something made sense in your old life doesn’t mean it deserves a ride into your next one.

Cut the clutter. Embrace the chaos. And maybe, just maybe, donate the pasta maker.

How to Design a Modern Kitchen That Boosts Home Value

The kitchen is one of the most important rooms in a house when it comes to home value and appealing to buyers while trying to sell. For this reason, it's important to pay special attention to your kitchen when preparing a house to sell or building a house for the first time. The following is a guide for how to build a modern, desirable kitchen that will work to sell your house for you.

Keep It Clean

Because the kitchen is a room that sees significant use, it can get grimy and worn down easily. Upkeep your kitchen in order to upkeep its value. When it does come time to sell, make it a point to deep clean it. Polish all surfaces and metal, including countertops and faucets. Go at tile to clean out grout. Keep a kitchen clean and well-maintained and it will be a major asset when you do go to sell the house.

Appliances

All appliances should be energy-efficient because energy efficiency is desired in modern homes. This is not only because it is good for the environment but also because it saves money over time. Look for appliances with Energy Star labels when shopping and consider estimated average yearly operating costs. Many modern kitchen designs also hide appliances, so a design incorporating that may be worth considering as well. Consider brand too, because at least in certain areas, brands that are considered too thrifty can bring down the perceived value of the property.

Cabinets

Cabinets are another major item in the kitchen that buyers pay attention to. Their color and how well they blend into the rest of the kitchen are important, as is their size. It is amazing what a difference painting your cabinets can make. You can undertake this project yourself or hire a professional to do it. Another thing you can do is replace cabinet handles, which is a smaller upgrade but will still make them look better.

Colors

There are a number of color schemes you can choose for your kitchen. You can also change those colors anytime you want with paint, for the most part. White and gray is in right now, as is wood and more natural-looking colors and surfaces. You can also get more creative and use brighter colors such as teal or yellow. Most colors can work in the right combination, but at the end of the day, more neutral colors are easier to sell down the road.

Lighting

Lighting is also important to consider. Get modern light fixtures that will look good with the rest of the kitchen and provide strong lighting throughout the room. Ensure fixtures use energy-efficient bulbs. Remove broken or dim bulbs and replace them with new ones. Under cabinet lighting can be a good investment as it is relatively inexpensive and provides more light to workspaces.

Consider Utility

The kitchen is going to be a major place to entertain and work in most homes. For this reason, it needs to be designed with utility in mind. Most people nowadays prefer kitchens with plenty of space, both in general and on the counters. Islands are usually a good idea to put in because they give great places for preparation or entertaining as well as provide additional countertop space. Whether you are preparing a large dinner for the holidays or even if you skip lunch, you want a kitchen that will work with you.

Worth It To Remodel?

If you are considering remodeling your house, whether to sell or just to update, remodeling your kitchen is always an option. As with any addition to a property, look at it from the perspective of a cost-benefit analysis. Don't pour more money into a remodel than you expect it will increase the value of the home by, typically around 6% of the home's value. When remodeling your kitchen, you always want to find the right people for the job. Get referrals and quotes before making a final decision.

You are presented with a lot of options when designing a kitchen. Break it down to each individual aspect so you don't get overwhelmed and go in with a grand plan. You will end up with a gorgeous kitchen that will be the envy of buyers.

Los Angeles City Council Acts to Preserve Rent-Controlled Housing Amid Affordable Development Push

In a pivotal development, the Los Angeles City Council has taken decisive action to protect tenants in rent-controlled buildings from potential displacement due to the city's efforts to increase its affordable housing stock. This measure comes in response to the unintended consequences of Mayor Karen Bass’s Executive Directive 1, aimed at expediting the construction of affordable housing but risking the eviction of long-term, low-income residents.

On April 30, 2024, the council voted unanimously to instruct city staff to draft an "interim control ordinance." This ordinance is designed to temporarily prevent the approval of 100% affordable housing projects on properties governed by the city's Rent Stabilization Ordinance (RSO) and housing five or more occupied units. The focus is particularly sharp in areas with high concentrations of RSO units, such as parts of Chinatown and Northeast Los Angeles.

Councilmember Eunisses Hernandez, who introduced the motion, stressed the importance of safeguarding existing affordable housing. Hernandez highlighted that new constructions must not only add to the city’s housing supply but also be accessible and sustainable for its most economically vulnerable citizens.

The ordinance is intended to serve as a stopgap measure until a comprehensive policy can be established to protect rent-stabilized tenants from similar scenarios in the future. The situation in Eagle Rock, where tenants faced eviction to make way for a new 153-unit building, underscored the critical need for this legislation.

Mayor Bass’s directive, which has been both lauded for its ambition and criticized for its execution, streamlined the development process but eliminated crucial checks such as public hearings and the ability to appeal approved projects. This has led to heightened concerns about the impact on communities and the residents' ability to remain in their neighborhoods.

The Los Angeles City Council's proactive approach reflects a growing acknowledgment of the complex challenges at the intersection of housing affordability and tenant stability. By balancing development with the rights of existing tenants, the city aims to foster a more inclusive and equitable urban landscape.

This developing story resonates deeply with anyone connected to urban development, housing policy, or community rights, illustrating the delicate balance cities must maintain in the race to resolve housing shortages without undermining the livelihoods of their citizens.

Single Women Moving Abroad: Embracing New Horizons

In recent years, there has been a noticeable trend of single women from America seeking new experiences and opportunities by moving abroad. This movement isn't just about travel; it's about redefining lifestyles and career paths. This article delves into why more single women are choosing to live overseas and how this shift is shaping their lives for the better.

Why Single Women Are Opening Their Minds to Living Abroad

The decision to move abroad is a significant one, and for many single women, it stems from a desire for change and personal growth. Living in a new country offers a fresh perspective on life and work, allowing women to explore different cultures and lifestyles. The appeal of adventure, coupled with the opportunity for self-discovery, makes living abroad an increasingly popular choice.

Financial Freedom: Making Money Go Further

One of the most compelling reasons for moving abroad is the potential for financial freedom. In many countries, the cost of living is significantly lower than in the United States, allowing women to enjoy a higher standard of living. This economic advantage is particularly beneficial for those who can work remotely or have flexible job arrangements. By relocating, women find that they can save more, invest in experiences, and enjoy a quality of life that may be unattainable back home.

The Rise of the Digital Creator Abroad

The digital age has ushered in a new era of work flexibility, particularly for content creators, freelancers, and remote workers. Single women in these fields are finding that they can pursue their careers from virtually anywhere in the world. This mobility has opened doors to living in countries that offer inspiration, a slower pace of life, or a more vibrant community of digital nomads. The ability to work from any corner of the globe is not just a perk; it's a lifestyle choice that aligns with their personal and professional goals.

Happiness and Fulfillment Beyond Borders

Perhaps the most profound impact of living abroad is the increase in happiness and fulfillment many women report. Immersing oneself in a new culture, learning a new language, and building a global network of friends and colleagues contribute to a richer, more fulfilling life experience. The challenges of adapting to a new country can also foster resilience and a sense of accomplishment.

The trend of single women moving abroad is more than a fleeting phenomenon; it's a reflection of the changing dynamics of work, lifestyle, and personal fulfillment. If you're a single woman contemplating a move overseas, whether for career advancement, financial benefits, or personal growth, you're not alone. This journey can be transformative, offering opportunities to live a happier and more rewarding life.

Remember, this journey is about finding what works best for you, whether you're a digital worker, freelancer, or employed by a company with flexible location policies. The world is vast, and the opportunities for single women to thrive abroad are endless.

Are you intrigued by the prospect of living and working abroad? Do you want to explore how this could be a viable option for you? Contact me for more information, and let's discuss how you can embark on this exciting journey.

Maximize Holiday Hosting: Easy Home Design Tips for a Festive & Guest-Friendly Space

The festive season is upon us, and for many, this time of year is synonymous with welcoming friends and family into their homes.

The joy of hosting during the holidays is undeniable, yet it can also bring a fair share of stress, given the myriad of tasks to be handled. Homeowners, therefore, can benefit greatly from any assistance that makes this hosting journey smoother, more efficient, and delightful for both them and their visitors.

Interestingly, a part of this assistance can come from an unexpected source: your home’s design and décor.

But what are the ways in which your home’s design and décor can be optimized to create a more welcoming environment for your guests this holiday season?

A recent piece on realtor.com delved into this topic, offering insightful tips on how home design and décor can simplify hosting duties while adding a festive touch. Here are some key suggestions:

1. Incorporate Couch Covers: The holidays often involve guests lounging on your sofa, enjoying festive treats or a glass of wine. To avoid the stress of potential stains, consider using couch covers. These not only protect your sofa from spills but are also easily washable, saving you the hassle of a full couch cleaning post-holidays. Opt for covers in holiday themes or colors to enhance the festive mood.

2. Opt for Washable Rugs: With increased foot traffic and the likelihood of spills during the holiday season, rugs can suffer. To prevent this, use washable rugs in areas that see a lot of activity. These rugs can be easily cleaned in your washing machine, eliminating the need for professional rug cleaning services once your guests have departed.

3. Invest in Firewood Storage: If you’re planning several cozy evenings around the fireplace, consider getting a dedicated storage solution, like a stylish basket, for your firewood. This not only helps guests know where to find firewood for a spontaneous fire but also keeps your space tidy and free from clutter.

By integrating these simple yet effective design and décor strategies, you can significantly enhance the holiday hosting experience in your home, making it more enjoyable and less stressful for everyone involved.

Please be aware that some of the products and services listed on our website may involve affiliate relationships. This means that we may earn a commission if you decide to make a purchase through our affiliate links. However, please understand that this does not incur any additional cost to you.

Navigating the Rise of House Hacking: A Smart Solution for Home Affordability

In recent times, the challenge of affording a home has intensified, prompting a notable shift in living arrangements. A growing number of adults, both young and older, are finding themselves returning to their parental homes, a trend that is reshaping societal norms.

Historically, moving out of the family home post-graduation was a rite of passage. Staying with parents beyond a certain age was often viewed with a degree of skepticism. However, this perception is changing. As highlighted in a Yahoo Finance report, living with parents, or returning home after a period of independence, is now a common and less stigmatized practice.

This shift, while reducing the judgment on those staying with family for economic reasons, doesn't diminish the desire for personal homeownership. This is where the concept of "house hacking" gains relevance, especially among Millennials and Gen Z.

Understanding House Hacking and Its Growing Popularity

"House hacking," as reported by CNBC, is a strategy increasingly adopted by younger generations to achieve homeownership. It involves renting out part of their residence to offset costs, making homeownership more financially feasible.

This approach isn't limited to the younger demographic. A significant portion of recent homebuyers across various age groups view house hacking as a crucial strategy for affordable homeownership.

Key Considerations for Aspiring House Hackers

If you're contemplating house hacking, here are essential points to consider:

1. Mortgage Qualification Without Rental Income: To rent out part of your home, you first need to own it, typically through a mortgage. Lenders won't consider potential rental income in their mortgage qualification process, so ensure you can afford the mortgage independently.

2. Securing Tenants in Advance: While lenders may not account for future rental income, having a tenant lined up can provide financial reassurance.

3. Tenant Selection: It's crucial to be discerning about who you let into your home. If you don't know the tenant personally, conduct thorough background checks and ask for references.

4. Legal Agreements: Draft a clear lease agreement outlining usage rules and shared spaces. For legal robustness, consider consulting a lawyer.

5. Local Regulations and Zoning Laws: Before proceeding, ensure your local laws and any homeowners association rules permit renting out part of your residence.

The Alternative: Investing in Multifamily Properties

Another form of house hacking involves purchasing a multifamily property. Living in one unit while renting out the others can provide similar financial benefits. This approach often comes with fewer restrictions and can be more appealing to lenders.

Conclusion: House Hacking as a Path to Homeownership

With rising housing costs, house hacking offers a practical solution for many aspiring homeowners. It requires careful planning, from financial readiness without relying on rental income to legal and regulatory compliance. For those seeking both investment and a place to call home, multifamily properties present a viable alternative.

Essential Home Security Tips: How to Prevent Break-Ins and Deter Burglars

Experiencing a home invasion can be a deeply distressing and traumatic event. Regrettably, such incidents are far from rare. FBI statistics from 2022 reveal that there were over 847,000 reported break-ins across the United States.

While it's impossible to completely eliminate the risk of a home break-in, certain properties are more attractive to burglars than others. Understanding what makes a house a more likely target can help you reduce your risk of becoming a victim.

A recent piece on realtor.com highlighted several factors that may signal to burglars that a house is an easy mark, thereby increasing the likelihood of a break-in. These include:

1. Lack of an Alarm System: Homes without alarm systems are particularly appealing to burglars. The absence of such a system suggests that intruders can enter and exit the property without triggering any alarms, influencing their choice of targets. The article notes that homes without alarm systems are 300% more likely to be burglarized compared to those with such systems. Therefore, installing an alarm system is a vital step in safeguarding your home.

2. Accumulated Mail: A mailbox overflowing with mail is a clear indicator to a burglar that the homeowner hasn't been around to collect their mail for several days, suggesting the house is unoccupied. This makes it an opportune moment for a break-in. If you're planning to be away, it's wise to arrange for a friend or neighbor to collect your mail.

3. Absence of Outdoor Lighting: Burglars prefer to operate undetected, making homes without outdoor lighting ideal targets. Such conditions allow them to observe the house and attempt various entry points unseen. To counter this, ensure your home's exterior and surrounding area are well-lit, preferably with automatic or motion-sensor lighting. It's important to illuminate all potential entry points, including doors and windows.

By being aware of these factors and taking proactive steps, you can significantly reduce the likelihood of your home being targeted by burglars.

*See some of my favorite products below.

Blink Mini – Compact indoor plug-in smart security camera, 1080p HD video, night vision, motion detection, two-way audio, easy set up, Works with Alexa – 3 cameras (White)

Just so you know, some of the links in this article are affiliate links, which means I may earn a commission if you choose to purchase any of the products listed. This doesn't cost you anything extra, but it helps support our blog and allows us to continue providing valuable content

Navigating the California Insurance Crisis: Insights for Homeowners

As a REALTOR® with over 16 years of experience, I've witnessed the ebbs and flows of various markets, from the downturns to the surges. My journey since 2006 has taught me one fundamental truth: education is the cornerstone of successful homeownership. Whether you're buying a modest family home or investing in a luxury property, understanding the nuances of the market is crucial. Today, I want to address a critical issue affecting homeowners, particularly in California – the ongoing insurance crisis. Although we will be discussing California, this issue is trickling down to other states as well!

Understanding the Crisis

The California insurance crisis is a complex issue with far-reaching implications. Major insurers like State Farm and Allstate have stopped providing coverage in the state, posing a significant challenge for new homeowners seeking insurance. This withdrawal is primarily due to the increasing impact of climate change, which has led to frequent and severe natural disasters like wildfires and earthquakes. In recent years, California has seen unprecedented destruction due to these disasters, with insurers paying out vast sums in claims.

The Ripple Effect

This crisis isn't confined to California. States like Florida, Louisiana, and Colorado are facing similar challenges. In Florida, for instance, the aftermath of natural disasters led to the closure of 15 insurance companies and a spike in premium rates. Louisiana saw 11 companies go bankrupt following Hurricane Laura. These events signify a broader trend that could affect homeowners across the United States.

Legislative Responses

In response, various states have enacted legislation to stabilize the market. These measures range from capping premium rates to encouraging new insurers to enter the market. However, the effectiveness of these interventions remains to be seen.

Impact on Homeowners

For homeowners, especially those in high-risk areas or with limited incomes, this crisis has made insurance unaffordable and hard to obtain. This situation underscores the need for a stable insurance market that can adapt to the challenges posed by climate change.

My Perspective as a Real Estate Professional

In my career, spanning deals from $25,000 to $2,000,000, I've always emphasized the importance of being well-informed. The current insurance crisis in California and its effects on other states highlight the need for homeowners and potential buyers to be aware of the market's realities. Whether you're in a hot market or a down market, understanding these dynamics is crucial for making informed decisions.

Moving Forward

For those affected by the California insurance crisis or similar situations in other states, my advice is to stay informed and explore all available options. Seek advice from local experts, and don't hesitate to look into alternative insurance solutions. Remember, buying or selling a home is an emotional journey, but with the right information and guidance, it can also be incredibly rewarding.

As we navigate these challenging times, I remain committed to educating my clients and helping them make the best decisions for their unique situations. The real estate market is ever-evolving, and staying ahead means being prepared for any scenario.

*For more insights into the real estate market and tips on homeownership, follow my blog or reach out for personalized advice.

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School Loans & Homeownership

Did you know that student loans can negatively impact your ability to own a home? In this video, we'll explore the link between student loans and homeownership and the consequences that can happen as a result. By the end of this video, you'll know all you need to know about the relationship between student loans and homeownership, and you'll be able to make an informed decision about whether or not student loans are right for you.

👉 Free Budget Worksheet: bit.ly/realtygoddessbudgetplanner

👉 Free Homebuyer Steps Guide: bit.ly/homebuyerfc

The Rocky Road to Homeownership: Overcoming Hurdles as a Single Lady

Ah, the journey of homeownership! It's a path filled with excitement, dreams, and investment opportunities. But for single ladies, it can also come with its fair share of challenges. Don't worry, independent women, because we've got your back. In this blog post, we'll dive into the hurdles you may face while buying a house solo and provide you with practical tips to conquer them like the boss you are!

1. The Financing Obstacle:

The first hurdle on your path to homeownership might be securing that all-important mortgage loan. As a single lady, it's crucial to have a solid financial foundation. Ensure your credit score is in good shape, gather all necessary documents, and shop around for the best mortgage rates. Don't be discouraged by rejection or a slow process—keep pushing forward until you find the perfect loan for your dreams!

2. Overcoming the Down Payment Challenge:

Saving up for a down payment can be a daunting task, especially if you're relying solely on your income. Start by creating a budget and cutting unnecessary expenses. Consider alternative methods like down payment assistance programs or exploring loans with lower down payment requirements. Remember, every small step counts, and you can achieve your goals with determination.

3. Navigating the Market Alone:

House hunting can be overwhelming, but it's not a solo endeavor anymore. Leverage the power of the internet—join social media groups, forums, and platforms where you can connect with other single homebuyers or experienced real estate professionals. Their insights, recommendations, and support can make a world of difference. Don't hesitate to seek guidance; after all, great minds think alike!

4. Tackling Home Maintenance and Repairs:

As an independent lady, you might face concerns about handling home maintenance and repairs on your own. Break free from self-doubt and embrace your inner handywoman! Educate yourself about basic repairs, build a network of reliable contractors, and invest in quality tools. If you're not confident in your DIY skills, remember that professional help is just a phone call away. With a little resourcefulness and a can-do attitude, you'll conquer any maintenance adversity.

5. Cultivating a Strong Support System:

One of the greatest strengths you have, single lady, is your ability to create and nurture meaningful relationships. Surround yourself with a support system comprising friends, family, and professionals who can offer guidance and lend a helping hand during your home-buying journey. Share your dreams, challenges, and victories—because together, we rise!

Conclusion:

The path to homeownership may present hurdles for single ladies, but it's nothing that can't be overcome. Embrace your independence, tap into your determination, and tackle each challenge head-on. Remember, you have the power to create a space that represents your dreams, aspirations, and personal style. The journey may have its ups and downs, but at the end of the rocky road, you'll unlock the door to your very own sanctuary. Keep pushing forward, single lady—your dream home awaits!

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Tropical Storm Hilary Disaster Relief Resource

First and foremost, my heart aches as I bear witness to the devastating aftermath of Tropical Storm Hiliary. While, on the surface, the storm may appear to have caused less damage than many had braced for, it's evident that numerous individuals and families are grappling with significant water-related challenges and unstable terrain. These less visible, yet equally harrowing issues remind us of the unpredictable nature of life, and the profound impact even "milder" disasters can have on our homes, our communities, and our well-being.

In times like these, it's crucial to understand that reaching out for assistance is not a testament to one's weakness, but rather a reflection of our shared humanity. Adversity, no matter how challenging, always comes with an opportunity to band together, to rebuild, and to support one another. Pride should never stand in the way of safety and recovery.

If you or someone you know is struggling in the wake of this storm, please remember that there are resources and helping hands available. Seeking help when we need it most is an act of strength, courage, and community. Let us navigate these challenging times together, leaning on each other for support and resilience.

With heartfelt love and readiness to assist,

CLICK HERE ➡️ DISASTER RELIEF RESOURCE

Laura Key, REALTOR®
310-866-8422
Laura@LauraKey.net
www.LauraKey.net

Three Cool Yard Maintenance Tools to Make Summer Yard Maintenance Easier

If you want to take care of your yard this summer, you need the right tools. But what, exactly, are those tools?

A recent article from Realtor.com outlined the key maintenance tools you’ll want to have on hand to keep your yard in tip-top shape this summer, including:

• Pruning shears. Pruning shears are essentially yard scissors; they allow you to trim your plants and keep them healthy. If you want to meticulously maintain your yard, they’re an absolute must.

• Dibber. If you’re planning on doing any planting this summer, a dibber — which creates holes in the ground, allowing you to more easily plant seeds or bulbs — is a tool you’ll definitely want to add to your collection.

• Self-watering planter. In a perfect world, you’d be able to be home to water all your plants at the appropriate time of day. But if you’re busy, you may not be able to get outside and give your plants the water they need, which could lead to your plants dying. The good news is, you can avoid this issue by using self-watering planters, which will give your plants the water they need to thrive, even when you’re too busy to water them.

  LAURA’S SPECIAL PICK!

• Garden Kneeler. A garden kneeler is an invaluable tool for those who take pride in maintaining a beautiful landscape. It provides a cushioned, comfortable place to kneel while weeding, planting, or performing other ground-level tasks, thereby reducing the stress on your knees and protecting them from rough and prickly ground surfaces. This not only ensures that you can spend more time tending to your garden without discomfort, but it also means that you can pay more attention to detail, leading to a well-kept and visually appealing landscape. Over time, the use of a garden kneeler can also help prevent long-term wear and tear on your knees, allowing you to enjoy your gardening hobby for many more years to come.

Ready To Beautify Your Yard?

*This website contains links to products and/or pages for which we receive financial compensation. We may receive an affiliate commission for purchases made through these links. This means we get a commission of the sales or profit generated from your purchases at no additional cost to you.

8 Things Only Old School Real Estate Agents Can Remember (and Fortunately Don’t Have to Deal With Nowadays!)

As much as people often fear and resist change, ultimately people come to adopt it, love it, and get used to even the biggest changes around them. In fact, it’s easy to forget how far things have come in such a short time, and take for granted how much better life is because of the changes.

While the real estate industry certainly changes a bit year after year, many agents in the field today haven’t been in the business long enough to see just how much has changed, and would be surprised to see what their colleagues dealt with years ago.

To give newer agents some perspective and appreciation, and the grizzled veterans a walk down memory lane, let’s take a look at 8 things agents used to have to deal with that are no longer an issue today:

1) “Sign here, press hard, the 3rd copy is yours…”

Years ago real estate contracts were done with carbon paper. The top sheet was the original, and then there were two other pages beneath that would become a copy for the agent’s file, and one for the client to keep.

Not only would the carbon paper be messy at times, but if a buyer or seller didn’t press hard enough, their signatures wouldn’t go all the way through to the copies, so agents had to not only show them where to sign, but also remind them to press down hard with the pen.

2) Faxes were too high-tech!

As much as people joke about how out of date fax machines are now, they were the newest tech not too many years ago. And back then fax machines were almost seen as too high-tech! Many people wouldn’t accept the signatures of a faxed document as a legal signature, so even though faxes made life easier to some degree, agents still had to deal with obtaining in-person signatures, and delivering those inked up docs to the appropriate parties.

Fast forward to today and people are “signing” things with a digital John Hancock, and it’s totally acceptable.

3) Wite-out was right on!

Whether an agent was preparing documents on a typewriter or with a pen, there was bound to be a mistake or something to edit on it. Can you imagine having to re-do an entire document because of one mistake? Or making a sloppy mess of it by crossing out the error with a pen?

Well before computers, deleting wasn’t an option, so Wite-out was a handy little invention that saved many agents from a lot more writing and wasted paper.

4) Booking time with a big book…

You don’t even have to be an agent to access pretty much any house listed for sale these days. Just hop on the computer and you can not only see what’s for sale, but also pictures of the inside of most houses.

Years ago only agents had access to the inventory, and it came in the form of a book published bi-weekly, with one grainy, black and white pic of the outside… if you were lucky. Some didn’t even have a picture!

But most offices only had a copy or two of the listing books, so agents had to share and wait their turn to use them. When an agent finally got their hands on it, they’d make copies of all the pages with listings they needed to show clients, so other anxiously awaiting agents could use it.

5) “Proofing” ads

Newspapers were the best way to spread the word about a listing or open house for many years. But in order to make sure your ad made it onto the classified page, you had to write the ad copy and get it into the newspaper by a certain day and time, or it wouldn’t be included.

Once they formatted it, agents were sent a copy to “proof” and make sure there were no errors. Then, on the day the newspaper came out, agents had to check and make sure the ad was in the paper and accurate.

Now agents rarely advertise in newspapers, but when they do, it can be done electronically which makes submitting and proofing their ad a lot quicker and easier.

6) Human lockboxes

If an agent wants to show a house that’s for sale, most likely the key to get inside will be in a “lockbox” hung on the front door, which they access by using a code, an app on their phone, or a keypad device specifically designed to open them.

But before lockboxes were invented, or widely used in the industry, an agent who wanted to show a particular listing had to go to the listing agent’s office to pick up the key, and then go back to their office to return it once they were done.

7) Polaroids were a game changer!

Digital cameras and smartphones make it easy to take as many pictures as you want, check to make sure they look good, and put them to use immediately. But before that, Polaroid pictures were a game changer for agents by making it possible to see if a picture came out OK with just a few shakes of their hand.

Before that, agents had to wait for pictures to be developed, which could take days or weeks, and then had to hope that the pictures weren’t blurry, or too dark. The wait time for pictures made it take longer to get marketing materials done for a new listing, and even held up appraisals once a house was under contract because pictures were required in the appraiser’s report.

8) “Let your fingers do the walking…”

Phone books were the best way to find someone’s phone number and address pre-Internet! They were also one of the best ways for an agent to advertise their services.

But just having your name and number wasn’t enough, you had to buy a full, half, or quarter-page ad to make sure people noticed you. And hopefully you were there to pick up the phone at your desk when they called… or had a fancy answering machine so they could leave you a message to get back to them.

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Laura Key, Cal DRE 01908085
Laura@LauraKey.net

Thinking About Buying an Abandoned Property? Here’s What You Need to Know

Buying an abandoned home could present an opportunity to snag a property at a bargain price. But before you decide to start shopping for abandoned properties, there are things you need to know.

A recent article from realtor.com outlined key things buyers need to know about buying abandoned properties, including:

• You’ll need to get pre-qualified/pre-approved for a mortgage. If you want to buy an abandoned property, you’ll need to follow the same process as buying any other type of real estate, including getting a pre-qualification or pre-approval letter for a mortgage. This will give you an idea of how much budget you have to work with, which will inform what properties might be a right fit.

• The right search terms can help you find abandoned properties. Want to explore abandoned properties in your area? When searching listings, use search terms that might indicate a property is abandoned or unclaimed, like “immediate possession,” “below market value,” “must sell,” or “under appraisal.”

• It’s important to understand the risks. Buying an abandoned home can be a risky investment; for example, an abandoned home that’s been vacant for years could have a number of maintenance issues, including wiring issues, water leaks, or gas leaks — all of which could be expensive to repair. Make sure you fully understand the risks (and potential costs) before making an offer.

Busting Myths about USDA Loans

In this video, we're going to talk about USDA loans, a potential financing option for those looking to buy a home. Unfortunately, there are many myths and misconceptions about USDA loans that prevent people from exploring them. If you're looking for a loan that will fit your unique situation, then you should check out a USDA loan.

These loans are available to people from all economic backgrounds and can be a great option for borrowers with good credit. In this video, I'll show you why USDA loans are a great option for borrowers and how you can get the best possible loan for your needs! Schedule a FREE consultation with me today!

https://www.laurakey.net/schedule-a-call

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Is Real Estate A Solid Investment During Tough Times?

Real estate is considered a solid investment for several reasons, even during tough times in finance:

1. Tangible Asset: Real estate is a tangible asset that has inherent value because it is a physical property. It's not like stocks or other financial assets that are intangible, and therefore their value is solely based on market demand and speculation.

2. Steady Income: Real estate provides a steady source of income through rental income, which is typically more stable than other types of investments that rely on dividends or capital gains.

3. Diversification: Investing in real estate provides diversification within a portfolio, which can help reduce risk in times of market uncertainty.

4. Appreciation: Real estate investments have the potential to appreciate in value over time, which can result in capital gains for investors.

5. Inflation Hedge: Real estate is considered a good hedge against inflation, as property values and rental income tend to increase over time in response to inflation.

6. Tax Benefits: Real estate investments can offer significant tax benefits, including deductions for mortgage interest, property taxes, and depreciation.

Overall, the combination of steady income, diversification, appreciation potential, inflation hedging, and tax benefits make real estate a solid investment option, even during tough times in finance. However, it is important to note that like any investment, real estate carries risks, and investors should do their due diligence before investing.

Just Closed a Real Estate Deal? Make Sure to Keep These Documents

There is a lot of paperwork associated with buying a home. But out of all that paperwork, which documents do you actually have to keep?

A recent article from realtor.com outlined key documents you’ll want to keep on hand during and after your home purchase, including:

Buyer’s agent agreement. Your buyer’s agent agreement outlines the details of your working relationship with your real estate agent, including details like the length of your engagement and who is responsible for paying the buyer’s fees—and you’ll want to have this document on hand in case you run into any agent-related issues once you’ve officially purchased a home.

Seller disclosures. Sellers are legally required to disclose certain home-related issues that could impact the sale of a property, like renovations that were done without a permit or potential health issues like lead-based paint. You’ll want to file any seller disclosures after you purchase the home; if you run into an issue with the home later on—and the seller was aware of the issue and didn’t disclose it—you’ll need this document for any potential lawsuits or legal action.

Property deed. The property deed is a document that confirms who legally owns a property—and, as a homeowner, it’s your proof that you’re the legal owner of your home. Because the property deed is sent directly to the buyer, the mortgage company and/or title company aren’t required to keep a copy of it, so you’ll want to make sure to keep it as proof of ownership.

If It’s Such a Bad Time to Buy Real Estate, Why Are the Wealthy Doing It?

According to this Housing Wire article, 75% of people recently polled by Fannie Mae felt pessimistic about the real estate market, and that it’s not a good time to buy a house. So, if you’re among the many who feel that way, and you’re thinking about holding off for prices to come down, you’re not alone.

Considering that interest rates are up and prices haven’t dropped as much as buyers would like, it isn’t surprising to hear that news. Some marginally qualified potential homebuyers have legitimately been priced out of the market. But many others are simply being cautious, not wanting to make a mistake by buying in this market, especially when so many other buyers don’t seem to think it’s a good time to buy.

But that still leaves 25% of people who don’t think it’s a bad time to buy real estate. Who are they, and why do they feel that way?

Well, wealthy people may not comprise that entire 25%, but they’re at least among the people who feel like it’s a fine time to buy real estate. Yahoo finance just reported that billionaires have a growing appetite for buying houses, even as the market slows down.

That probably sounds like an apples to oranges comparison. After all, the wealthy have, well…wealth. They can afford to buy real estate, regardless of whether the market is up, down, “hot” or not. It often seems like the rich get richer, and the poor get poorer, even when times are tough. (Perhaps even more so during those times…)

People have every right to look at it that way, but it probably won’t make them any wealthier. The more productive thing to do would be to look at what the wealthy are doing during times like this that the majority of people aren’t doing… and consider following their lead.

According to the Yahoo article, buying real estate is particularly appealing to them because:

• It’s a liability that tends to appreciate over time

• It provides significant tax benefits

• It can be used as collateral

• It can be passed to heirs with little or no penalty

Generally speaking, wealthy people take on debt and liabilities that make (or save) them money.
While they can certainly make bigger purchases with less concern than the average person, they aren’t in the habit of making decisions that will lose them money, if they can help it. So if they’re buying real estate in the current market, it’s a pretty good sign they’re not worried about losing money on a house in the long run. Real estate is (and always has been) meant as an asset that provides many long-term benefits.

So if you’ve been thinking about buying a house, but have concerns about whether you’ll be paying too much or lose money, take all of that into consideration. House values may seem “high” right now, but over time they’re likely to be even higher. And since the majority of people seem to be pessimistic and hesitant to buy right now, you might be able to find yourself a better deal than you otherwise could.

The Takeaway:

Nearly 75% of people feel like now is not a good time to buy a house, but the wealthy are still buying real estate.

While it’s easy to say that the wealthy don’t care about whether the market is “bad” since they have more assets and capital to work with, they’re also not likely to make such relatively large purchases if they feel they’re going to lose money.

So if you’ve been hesitant to buy because you’re worried about paying too much or losing money, take that into consideration and know that buying a house is a solid long-term investment. Capitalize on the fact that the majority of people are pessimistic, and buy a house while there’s less competition and a better chance of negotiating the price down.