Regular Newsletters September 20, 2023

Johnny Dragon’s September Mid-Month Newsletter

Johnny Dragon’s September Mid-Month Newsletter

Pumpkin spice season is here, which I’m sure you’re participating in already! Enjoy this quick read!

Still A Great Time To Sell Your Home and Buy Your New Home!

While there’s been low inventory across America, homeowners who are thinking about selling haven’t moved quite yet. Reason? Interest rates. While interest rates have jumped from the 2%’s to almost 7%’s since the pandemic, rates are historically lower than they were in the 1980s, when they were at 18%. There are still buyers out their looking to purchase in this market, so most homes are selling over asking in multiple offers. Most homeowners are sitting on tons of equity!

68.7% of homeowners have paid off their mortgage or have at least 50% equity on their homes, according to the latest reports from the Federal Housing Finance Agency (FHFA), the Census, and ATTOM.

If you’ve owned your home for many years, you most definitely have enough money to either buy all-cash or provide a larger down payment on your new home. If you offer a large down payment, your lender could give you a lower interest rate. This will all depend on where you want to move to.

If you have any question about selling your home and buying a replacement home, I am here to help you achieve your goals!


Visit Yosemite National Park

Looking for something fun to do this season? The weather is cooling and it’s a great time to visit Yosemite National Park! My friends and I just came back from a weekend trip and it is beautiful! The pictures don’t do it justice! Stay at an AirBNB or camp out near the park and enjoy it’s beautiful nature! Check out their website on reserving your spot:

Thank you for tuning in! I am always here to help you answer any of your questions!