Uncategorized

rate drop, rate decrease, mortgage rate

Mortgage Rates Drop For Third Time in 2019

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For the third time this year, The Federal Reserve has lowered the target range for the key, short-term federal funds rate by 25 basis points. This cut almost fully reverses the increases we saw in 2018. The FOMC views these enacted reductions as part of a mid-cycle (mid-late-cycle may be more accurate) adjustment to ensure…

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Affordable Housing Coming To Sacramento

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Believe it or not, affordable housing is on its way to Sacramento. California Governor, Gavin Newsome, is putting his January initiative into action and is bringing affordable housing into Sacramento. The goal is to increase housing opportunities for those that make 40%, 60%, or 80% of the area median income. According to The Sacramento Bee…

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How Google is Changing Downtown San Jose

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It’s been no secret that tech giant, Google, has been buying up land in the San Jose area. Google has been planning on revamping the downtown train station and what, for years, has largely been an industrial area into a densely packed extension of downtown San Jose. The Mercury News recently published an article detailing…

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Housing Market Correcting to More Sustainable Place

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Low levels of inventory over the past few years have taken a lot of potential homebuyers out of the housing market. More homes are now hitting the market and that is a good thing not only for home buyers, but it’s also good for home builders as well. There is a huge demand for first-time…

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Bay Area Transplants Continue to Move to Sacramento

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It’s a familiar tale many residents in Sacramento have come to know. Bay Area transplants continue to move to Sacramento. One of the latest examples is none other than California Gov. Gavin Newsom. His $3.7 million home in Fair Oaks has the single largest price tag for houses sold so far in 2019 in the…

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Sacramento Tops in Home Builds North of L.A.

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People are flocking to the state capitol and there are new homes to go with them. Last year, Sacramento experienced the most new home construction of any California city north of Los Angeles in 2018, according to the Sacramento Bee. In addition to job growth, increased wages, and a sound economy, many people are flocking…

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Millennial Homebuyers a Major Opportunity for US Housing Market

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Over the next five to ten years 3.1 million millennials are going to enter the age of typical first-time homebuyers. However, due to low inventory for homes, student debt, and delayed marriage (amongst other factors), almost 22% of millennials are returning home to live with their parents after college graduation. According to a recent analysis…

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Professional Office Space for Lease

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Big things are happening at The Advantage Group. Our team has continued to grow and with that we will soon be moving our office headquarters to a new location. Our current office are located at 8700 Auburn Blvd., Suite 700 in the heart of Granite Bay. It is a convenient, functional and attractive space, and…

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The Blackstone Mystery – Questions Answered

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The Blackstone Mystery – Questions Answered Lately it seems you’d have to be hiding under a rock not to hear something about the mysterious Blackstone and all the real estate they’ve been scooping up in recent months. What are Blackstone’s objectives? How are they affecting the current real estate market? And what is behind their…

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