Gladys Dongo

    Gladys Dongo

    CalDRE #01945104

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    Will We See a Surge Homebuyers Moving to Suburbs?

    Will We See a Surge of Homebuyers Moving to the Suburbs?As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend in this direction of moving from urban to suburban communities, but the question is: will the trend continue?Accor...
    Jul 30, 2020 Buying a Home

    Homeownership Rate Continues to Rise in 2020

    Homeownership Rate Continues to Rise in 2020So far, it's been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership rate rose again, signaling great strength in the recovery of the housing market and an indication that even in a time of crisis, Americans stil...
    Jul 29, 2020 Real Estate News & Trends

    Guidance & Support-Key When Buying Your First Home

    Guidance and Support Are Key When Buying Your First HomeIn June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that's been building steadily throughout the year. According to the National Association of Realtors (NAR):"The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending higher than the 29% to 32% average in past years since 2012." (See graph below):...
    Jul 28, 2020 Buying a Home

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