- Many buyers are purchasing a home with a down payment as little as 3%.
- You may already qualify for a loan, even if you don’t have perfect credit.
- Take advantage of the knowledge of an experienced Realtor/Broker like Christine Hannah, your local professional who is there to help you determine how much you can afford.
“It’s premature to worry about a housing bubble. The typical warning signs – excessive debt levels, poor quality loans, exponentially increasing home prices, rising vacancy rates and/or poor affordability compared to the past, and a high number of internet searches on house flipping – are not present.”
“My thoughts on many recent discussions of ‘housing bubble’ – the bar for a housing bubble is higher than just prices being above some fundamental value. There must be widespread behavior change as well such as higher levels of fraud and speculation.”
“US home prices are on track for a 5% nominal gain for the 4th consecutive year, returning national prices to their highest level since 2007. The growth has been driven by historically low mortgage rates and unemployment plus solid population and personal income growth rates…a meaningful correction should only be triggered by an unexpected economic shock.”
Bottom LineSpeculation has driven certain markets over the last year. However, it has not been speculation, but instead people’s desire for homeownership, that has driven the real estate market. "Still Supply and Demand is what drives the market," Christine Hannah empathizes. There are plenty people who love homeownership in a safe place with outstanding schools like Napa. There is a humongous desire for homeonwership in beautiful Napa.
Walmart Super Store (Vacant Land with Building)
|Christine Hannah, CA BRE 01273087|
|Our recent listings
Nearby properties for sale
Elegant Historic Homes in Downtown Napa
Enjoy a stroll through historic downtown Napa. You’ll find streets lined with old historic trees, some as old as 150 years. You’ll see beautiful mansions surrounded by picturesque gardens, something you might find on the cover of a Home & Garden Magazine. You’ll find gorgeous craftsman homes, dating back before there were smart phones, computers, and yes, even cars! These homes were built with the finest materials, the best craftsmanship, and with the blood sweat and tears of the locals. The streets of Napa tell a story; they tell of the people, places and historic events that occurred here over the last 150 years. Napa is a place of great historic significance coupled with an elegant modern lifestyle. Simply put, Napa is a wonderful place to live!