Wednesday, September 10, 2025 / by Vic Markarian
Mortgage Rates Just Dropped - Here's What That Means for You
If you’re a homebuyer who’s been feeling stuck — watching prices stay high and mortgage rates refuse to budge — you’re not alone. But last week, something finally shifted.
And it could make the home you’ve been dreaming of a whole lot more affordable.
Big News: Mortgage Rates Just Took Their Biggest Dip in Over a Year
On Friday, September 5th, average 30-year fixed mortgage rates dropped to their lowest point since October 2024.
It was the biggest single-day drop in over 12 months.
This change wasn’t random. It came right after the August jobs report showed weaker-than-expected numbers for the second month in a row. That kind of data tells financial markets that the economy may be cooling, which often causes mortgage rates to fall.
Why It Matters for You
This isn't just another economic headline — this is real money in your pocket.
Take a look at the chart below ...
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Wednesday, August 27, 2025 / by Vic Markarian
Is the Housing Market Slowing or Just Taking a Breather?
Selling a home isn’t just a transaction—it’s deeply personal.
If your home didn’t sell the way you hoped, or you felt forced to take it off the market, you’re not alone. Across the country, frustrated homeowners are hitting pause. In fact, 21 out of every 100 homes listed in June were removed without selling.
It’s a tough spot to be in—and it can feel like you missed your chance.
But here’s what you need to hear: slowdowns never last forever. History—and the data—shows that the market always rebounds.
Why Sellers Pull Back: The Pain Behind the Pause
Let’s be real about what home sellers are feeling right now:
“I feel like I missed the peak.”
– You saw neighbors sell fast last year—and now you're left wondering if the opportunity passed.
“I don’t want to reduce my price.”
– You’re emotionally (and f ...
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Thursday, August 14, 2025 / by Vic Markarian
Are These Myths About Buying a Newly Built Home Holding You Back?
If you’ve been skipping over newly built homes in your home search, you may be missing one of the biggest opportunities in today’s market — all because of outdated assumptions.
Let’s break down the 4 most common myths about new construction so you can make the best decision for your future.
Myth 1: New Homes Are Always More Expensive
Not anymore.
Today, the median price of a new home is actually lower than that of an existing resale home.
According to the latest data from the Census and the National Association of Realtors, new homes are more affordable on average — by about $30,000.
So, what’s behind this shift? Builders are responding to demand. As Heather Long from Navy Federal Credit Union explains:
“This largely reflects two trends: New homes are getting smaller on average, and builders are doing more price cuts.”
That means you could get a brand-new home fo ...
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Sunday, May 11, 2025 / by Vic Markarian
Granada Hills, CA – Homebuyers in 2025 Could Build Substantial Equity by Acting Early, Says Vic Markarian of Markarian Realty Group
Granada Hills, CA – The Markarian Realty Group, led by trusted local expert Vic Markarian, has released a timely market outlook encouraging prospective homebuyers to act early in 2025 to take full advantage of projected equity growth.
According to the latest Home Price Expectations Survey, which gathers insights from over 100 leading housing analysts, home prices are expected to appreciate steadily at 3–4% annually through at least 2029. This consistent growth trajectory offers a strong opportunity for buyers ready to enter the market now—especially those looking to build wealth through long-term homeownership.
“Many buyers are fixated on mortgage rates—but they’re missing the bigger wealth-building picture,” says Vic Markarian, a seasoned real estate agent in Granada Hills, CA. “Even modest pric ...
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Thursday, March 13, 2025 / by Vic Markarian
For years, sellers have had the upper hand in the housing market. With so few homes for sale and so many people who wanted to purchase them, buyers faced tough competition just to get an offer accepted. But now, inventory is rising, and things are starting to shift in many areas.
So, is the market finally balancing out? And does that mean buyers will have it a bit easier now? Here’s what you need to know.
What Makes It a Buyer’s Market or a Seller’s Market?
It all comes down to how many homes are for sale in an area compared to how many buyers want to buy there. That’s what ultimately determines who has the most leverage.
A Seller’s Market is when there are more buyers than homes available, so sellers hold the power. This leads to rising prices, multiple offers, and homes selling quickly – often above the asking price – because there isn’t enough to go around.
A Buyer’s Market is when there are more homes k ...
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