Selling Your Home? What You Should Know About Price Cuts vs. Rate Buydowns. What if you could make your house more attractive to buyers without lowering your asking price? With 43% of sellers cutting prices right now, according to HousingWire, it's a question worth asking – especially because there's another way to give buyers what they really want: a lower monthly payment. It's called a mortgage rate buydown. And the difference can be pretty remarkable. Here's an example. Let's say you're willing to offer a buyer $10,000 to help get your house sold. A $10,000 price reduction could save that buyer about $70 a month. But putting that same $10,000 toward a temporary mortgage rate buydown could save them roughly $500 a month in the first year. Same amount from you. A much bigger impact on their immediate budget. Now, those savings won't last forever with a temporary buydown. But for the right buyer, that upfront relief could be exactly what makes your house stand out. Thinking about selling? Send me a message. Let's explore which incentives could attract buyers while protecting your bottom line. #RateBuydown #HomeSellingTips Susan Adams - Coldwell Banker West - DRE#01994357

What Experts Forecast for Mortgage Rates and Home Prices in 2027 Want to know what’s next for rates and prices? The forecasts are in. And the outlook for the housing market in 2027 comes down to one word: steady. The latest forecasts from Fannie Mae, the Mortgage Bankers Association, and Wells Fargo show mortgage rates holding fairly flat through 2027. No big drop expected. No big spike either. Lenders agree. In a recent HousingWire survey, 70% of mortgage executives said they expect rates to be around 7.5% or higher six months from now. Home prices are on a steady path too. On average, those same forecasts show national prices rising about 1% to 1.5% a year through 2027. So what does that mean for you? If you’re buying, slower price growth gives you a little more breathing room. And instead of waiting on a rate drop that may not come, you can focus on what you can control, like a monthly payment that feels comfortable today. If you’re selling, your house should keep holding its value, which makes it easier to plan your move around your goals and timeline. Just keep in mind, these are national numbers. What’s happening in your neighborhood could look different. Curious what a move could look like at today’s rates and prices? Let’s run the numbers together. #HousingMarket #MortgageRates Susan Adams - Coldwell Banker West - DRE#01994357

2264 Soto Street, Ocean Beach ⁣ ⁣ Sophisticated design meets coastal living in Ocean Beach! 🌴✨ This stunning 3BR/2.5BA home features ocean views, expansive decks, a chef’s kitchen & seamless indoor/outdoor living.⁣ ⁣ Open the doors. Catch the breeze. Stay for the sunset. 🌅⁣ ⁣ 📲 Call me for a private showing or to explore more beautiful homes like this in Ocean Beach!⁣ ⁣ Susan Adams | Realtor®️ Coldwell Banker West DRE#01994357 www.SusanSellsSD.com ⁣ #susansellssd #susanadamsrealtor #sandiegorealtor ⁣ Listing provided by:⁣ Catrina Russell | DRE# 01229742

A Carlsbad condo with an easy, airy feel. 🌊 817 Kalpati Circle #112 is on the first floor in gated Ocean Pointe, with 2 bedrooms, 2 baths, and approximately 1,660 sq. ft. High ceilings and an open layout make the space feel inviting. There’s a fireplace for cozy nights and a private patio when you want some fresh air. The primary suite includes dual closets, dual sinks, a soaking tub, and a separate shower. Central A/C, in unit laundry, two assigned garage spaces, storage, a pool, and a spa are all part of the package. Newly improved price. Take a look! https://www.susansellssd.com/d8r61pep Susan Adams | Realtor® Coldwell Banker West DRE# 0199435 #Carlsbad #CarlsbadRealEstate #CarlsbadCondo #OceanPointe #CoastalLiving #SanDiegoRealEstate #CondoForSale

Did the latest climb in mortgage rates take a bite out of your home budget and have you rethinking your move? If you’re aiming for a $2,000 monthly payment, that rise in rates cut about $22,000 from what you can spend. That’s a lot. But what if you could close the gap?While headlines focus on lost buying power, they’re not calling enough attention to how seller concessions can offset that blow. More than 40% of homes for sale have had a price cut, and the typical cut on a median-priced home is around $18,000. That alone could win back most of what rates took. And you could get back even more by asking for repair credits or closing cost help, too. How much a seller will negotiate depends on the house and the area. Send a DM to find out how much of that $22,000 you could get back around here. #HomePrices #MortgageRates Susan Adams - Coldwell Banker West - DRE#01994357

Why Builders May Be More Motivated To Sell Than Homeowners Pending home sales just dropped 11.3% compared to last year. But what if that slowdown could actually help you get a better deal on a brand-new home? Here's why that matters. When the market slows, homeowners and builders don't always react the same way. A homeowner who isn't getting the offers they want can decide to stay put and wait. But builders? They've already invested in houses they need to sell. And every completed home that sits unsold costs them money. That can make builders more motivated to negotiate. And the numbers prove they're already making moves. According to the National Association of Home Builders, 65% of builders are offering incentives, and 43% are cutting prices. The typical reduction? 6%. For buyers, that could mean serious savings. Think lower prices, help with closing costs, or even a better mortgage rate. And the biggest opportunities may be hiding in brand-new homes that are already built and waiting for buyers. So, before you rule out new construction, let’s see which builders in our area may be ready to negotiate. #NewHomes #HomeAffordability Susan Adams - Coldwell Banker West - DRE#01994357

Are price cuts a winning strategy for sellers today? It depends. Say your house is listed but you’re not getting any offers, and you’re thinking about your options to try to draw buyers back in. Here are two routes you can take: Option 1 (the most common): You drop your price by $10k and your buyer saves about $70 a month on the median priced home. Option 2: You put that same $10k to work and pay for a 2-1 rate buydown. That could save your buyer roughly $500 a month the first year they own the home. Same money, bigger immediate impact. And since buyers shop by monthly payment, it’s something at least worth considering. Want to learn more about which concessions actually move the needle for buyers today? Let's talk. And if you’re interested in a buydown, have a quick conversation with a lender about whether it makes sense for you. #MortgageRateBuydown #HomeSellingTips Susan Adams - Coldwell Banker West - DRE#01994357

OPEN HOUSE THIS WEEKEND! A remodeled Lemon Grove home with room for the RV, the toys, and the weekend BBQ. 🚐 6860 San Miguel Avenue offers 3 bedrooms, 2 baths, and 1,130 sq ft of move-in-ready living with contemporary updates throughout. The enormous driveway delivers exceptional parking flexibility, while the backyard patio is ready for outdoor dining and entertaining. Leased solar panels add an opportunity for energy savings. Open Saturday, October 31, 11 AM–2 PM. Stop by and see it in person. 6860 San Miguel Ave Lemon Grove, CA 91945 Listing courtesy of Monica Vasquez DRE 01851595 https://www.susansellssd.com/d8r60vix #susansellssd #SanDiegoHomes #OpenHouse #RVParking #susanadamsrealtor