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https://www.instagram.com/tessmarquez/ When buyers see a home that’s been on the market for a while, the reaction is almost automatic: What’s wrong with it?Why hasn’t it sold?Am I missing something? A few years ago, those questions made sense. In today’s market, though, skipping homes sitting on the market  could mean missing a real opportunity. Homes Sitting on the Market Aren’t Automatically a Red Flag Not long ago, homes were selling in days, sometimes hours. Anything that didn’t move immediately stood out for the wrong reasons. That’s no longer the case. Inventory has increased, buyers have more choices, and homes are taking longer to sell across many areas. A longer time on market  has become more normal, even if it feels unfamiliar compared to the frenzy of recent years. In many cases, a home sitting for 60–70 days isn’t slow, it’s simply reflective of today’s market conditions. Why Some Homes Take Longer to Sell Most of the time, homes sitting on the market  aren’t delayed because something is “wrong.” More often, it comes down to factors like: Higher inventory in the neighborhood Pricing that started slightly above market value Photos or online presentation that didn’t stand out Buyers gravitating toward newer or flashier listings nearby Timing that didn’t align when the home first launched None of these are deal-breakers on their own. What Buyers Often Get Wrong It’s easy to assume a home that hasn’t sold must have hidden issues. While that can happen occasionally, it’s far from the norm. And when a property does  have concerns, inspections usually reveal them quickly. That information doesn’t mean you walk away, it often becomes a negotiation tool . This is where buyers sometimes find the best value:homes others overlooked simply because they sat longer than expected. How to Spot the Opportunities The key isn’t avoiding homes sitting on the market, it’s knowing which ones deserve a second look  and which ones don’t. That requires understanding pricing history, disclosures, neighborhood trends, and how the home compares to recent sales. A local agent can help uncover details that aren’t obvious from an online listing alone. Bottom Line A home sitting on the market isn’t always a warning sign.Sometimes, it’s an overlooked opportunity . If you’re curious which homes are worth a second look, and which ones to skip, getting local insight can make all the difference. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ If you’ve been seeing headlines about foreclosure activity rising for months in a row, it’s understandable to feel concerned. On the surface, those stories can sound alarming, especially for anyone who remembers what happened during the 2008 housing crash. But when you look beyond the headlines and examine the full context, a very different picture emerges. 👉 Rising foreclosure headlines are not a red flag for today’s housing market. What we’re seeing is not a crisis, it’s a return to normal market activity after years of unusually low levels. Rising Foreclosure Headlines Explained: What the Data Really Shows Yes, foreclosure filings are up. According to ATTOM data, filings increased about 32% year over year . That number often gets attention because it sounds dramatic. But numbers without context can be misleading. Here’s what matters: Today’s foreclosure levels are well within historically normal ranges Activity remains far below pre-pandemic and 2008 crash levels There is no evidence of a wave of distressed sales During the housing crash, foreclosure filings exceeded 1 million per year . Today, even with the recent increase, filings are a fraction of that. When you compare current data to the last “normal” housing years (2017–2019), we’re simply moving back toward typical market behavior. This is normalization, not a warning sign. Why This Market Is Nothing Like 2008 One of the biggest fears driving today’s foreclosure headlines is the idea that history might repeat itself. But the fundamentals of today’s housing market are very different. Stronger Lending Standards Mortgage lending today is far more disciplined than it was in the mid-2000s. Risky loan products and widespread over-leveraging are no longer the norm. More Qualified Borrowers Most homeowners today went through stricter qualification processes, making widespread defaults far less likely. Record Levels of Home Equity This is the most important difference. Over the past several years, home values have risen significantly. Most homeowners now have substantial equity in their homes. That equity acts as a financial cushion. If someone faces hardship, they often have options, such as selling the property, rather than being forced into foreclosure. In many cases, homeowners can sell and walk away with proceeds instead of debt. That simply wasn’t true in 2008. What Industry Experts Are Saying Rob Barber, CEO of ATTOM, sums it up clearly: “Foreclosure activity increased in 2025, reflecting a continued normalization of the housing market following several years of historically low levels… foreclosure activity remains well below pre-pandemic norms and a fraction of what we saw during the last housing crisis.” The key word here is normalization . While some households are under financial pressure, the data does not point to widespread distress or market instability. Bottom Line: Rising Foreclosure Headlines Don’t Signal a Crash Foreclosure activity is increasing, but within normal, healthy ranges. The housing market today is supported by stronger lending, more qualified buyers, and record homeowner equity. The real problem isn’t the data.It ’s the headlines, often designed to scare rather than explain. That’s why having reliable context matters. Understanding your options starts with accurate information. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ If you’ve been wondering whether 2026 is finally the year affordability improves, you’re not alone. For the past few years, rising mortgage rates and limited inventory made buying or selling feel out of reach for many. The good news? Experts agree the market is shifting in a more balanced direction, and housing affordability is improving in 2026 . In fact, 2025 marked the best affordability conditions in three years , and momentum is expected to continue into 2026. This outlook is driven by three key factors shaping the housing market: mortgage rates, housing inventory, and home price growth . Housing Affordability Improving in 2026 Starts With Mortgage Rates Mortgage rates have already come down from their peak, dropping nearly a full percentage point over the past year. While that may sound modest, it makes a meaningful difference in monthly payments and overall buying power. Most forecasts suggest rates will hover in the low-6% range throughout 2026 . Where they go next will depend on economic conditions, job growth, and future decisions by the Federal Reserve. The key takeaway? Rates are already lower than they were a year ago, and that creates opportunity. For buyers:  Lower rates help stretch buying power and reduce monthly costs. For sellers:  Rates in the 6% range appear to be the new normal, and strong equity positions are helping many sellers make moves confidently. More Inventory Means More Options Housing inventory made a noticeable comeback in 2025, rising by about 15% . That shift gave buyers something they hadn’t had in years: more choices, more time, and more negotiating power. It also helped slow the rapid pace of price growth. Looking ahead, experts at Realtor.com  project inventory will grow by another 8.9% in 2026 . For buyers:  More homes on the market means better selection and leverage. For sellers:  Strategic pricing matters more than ever to attract serious buyers. Home Prices Are Rising — Just More Slowly With more homes available, price growth is cooling to a healthier pace. While some headlines suggest prices could fall dramatically, most economists disagree. Nationally, experts forecast home prices will rise about 1.6% in 2026 . That’s slower than previous years, but still positive, and far more sustainable. Local markets will vary. Some areas may see stronger appreciation, while others may experience slight price adjustments. That’s why local insight is critical when making decisions. As Zillow  explains, this shift points to a market with steadier pricing, improved affordability, and more balanced negotiating power. More Homes Are Expected to Sell in 2026 When lower rates, rising inventory, and slower price growth come together, affordability improves, and more people are able to move forward. That’s why economists expect home sales activity to increase in 2026 . Buyers gain breathing room. Sellers benefit from price stability and consistent demand. The market becomes more predictable, something we haven’t seen in years. Bottom Line Housing affordability won’t change overnight, but the trend is clear. In 2026, buyers and sellers should experience more balance, more options, and more confidence  than they’ve had in quite some time. If you’re thinking about making a move, this could be the window you’ve been waiting for. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ Buying a home is exciting. Touring properties, imagining your furniture in each room, and picturing your next chapter is all part of the fun. But before any of that can turn into reality, there’s one crucial step that sets everything in motion: mortgage pre-approval . Whether you’re planning to buy soon or just exploring your options, getting pre-approved early gives you clarity, confidence, and control, especially in today’s market. What Is Mortgage Pre-Approval, Really? Mortgage pre-approval isn’t a rough estimate or online calculator result. It’s a formal review by a lender who looks at your financial picture, including your income, credit score, assets, debts, and savings. Once that review is complete, the lender tells you how much they’re willing to lend you. This turns your home search from guesswork into a focused, realistic plan, so you know exactly what price range makes sense before you start shopping. Why Mortgage Pre-Approval Gives Buyers an Advantage The market is constantly changing. Mortgage rates fluctuate, inventory shifts, and well-priced homes can still move quickly. That’s why mortgage pre-approval matters more than ever. Here’s what it gives you: Clarity You’ll understand what you can comfortably afford before falling in love with a home that doesn’t fit your budget. Confidence Sellers take pre-approved buyers seriously. It shows you’re financially prepared and ready to move forward. Control If the right home hits the market or interest rates shift in your favor, you won’t be scrambling. You’ll already be positioned to act. Financial experts agree that pre-approval strengthens your position. It shows sellers and lenders that your finances have already been reviewed, not just estimated, making your offer far more credible. In simple terms: mortgage pre-approval helps you make smarter decisions and avoid missing out when the right opportunity comes along. Don’t Wait Until You’re “Ready” Getting pre-approved doesn’t mean you’re committing to buying a home tomorrow. Most pre-approvals are valid for 60 to 90 days and can be updated if your timeline or circumstances change. A good question to ask yourself is: “If the right home came on the market today, would I be ready to make an offer?” If the answer is no, mortgage pre-approval is the logical next step. Bottom Line Mortgage pre-approval doesn’t limit your options, it opens doors. Buyers who succeed in today’s market aren’t waiting on the sidelines. They’re planning ahead. By getting pre-approved early and working with the right professionals, you’ll be prepared, confident, and ready when the right home appears. If you’re thinking about buying in the coming months, start with mortgage pre-approval. Contact me  to connect with a trusted lender and get clear guidance on the process, so when the right home comes along, you’re ready to move forward with confidence. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ A More Balanced Housing Market Is Taking Shape in 2026 If a move is on your radar for next year, there’s good reason to feel encouraged. The 2026 housing market outlook  points to a calmer, more balanced environment than we’ve seen in recent years. After a long stretch of uncertainty, marked by high mortgage rates, limited inventory, and stalled decision-making, the market is gradually shifting. While 2026 won’t be “easy,” it’s shaping up to offer more choices, better timing, and clearer opportunities  for both buyers and sellers. This optimism isn’t speculation. It’s coming directly from leading housing economists across the country. What Housing Experts Are Saying About 2026 According to Realtor.com , Chief Economist Danielle Hale notes that after years of difficulty: 2026 is expected to bring a modest but meaningful step toward a healthier housing market for buyers, sellers, and renters alike. The National Association of Realtors  echoes this sentiment, describing 2026 with one word: opportunity . Their economists expect easing mortgage rates and increased housing supply to help unlock movement that’s been stalled for nearly three years. Meanwhile, Mark Fleming, Chief Economist at First American , points to a crucial shift in affordability: Income growth is beginning to outpace home price appreciation, improving buying power even if mortgage rates decline slowly. And from the buyer-seller balance perspective, Zillow  reports that buyers are gaining inventory options while sellers are benefiting from steadier pricing and more consistent demand, giving both sides room to breathe. Why the 2026 Housing Market Outlook Is Different Locally While national trends are moving in a positive direction, real estate remains highly local. According to Lisa Sturtevant, Chief Economist at Bright MLS , 2026 may become one of the most geographically divided markets in years. That means some areas will experience faster price growth, others will stabilize, and some may move more slowly. Local employment, housing supply, and buyer demand will ultimately determine how national trends play out in your neighborhood. This is why understanding local market data , not just national headlines, will matter more than ever in 2026. Bottom Line: Opportunity Favors the Informed The 2026 housing market outlook  is pointing toward progress, more balance, more inventory, and improved affordability over time. But success won’t come from timing the market perfectly. It will come from understanding how these trends apply locally  and knowing when to act. If you’d like a clear breakdown of what these trends mean for your local market, and how to position yourself to take advantage of them, let’s start the conversation and plan ahead with confidence. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ Why Buying a Home in January Deserves Serious Consideration Many buyers automatically pause their home search during winter, assuming spring is the best time to buy. But current and historical housing data suggests something different. For buyers focused on value, timing, and affordability, buying a home in January  may offer a real advantage. While it may seem counterintuitive, the winter market often works in favor of serious, prepared buyers. 1. Home Prices Are Often Lower in January January has consistently ranked as one of the most affordable months to purchase a home. According to LendingTree, it is historically the least expensive month of the year based on price-per-square-foot data. As demand slows in winter, prices tend to soften. In contrast, spring usually brings a surge of buyers, which often drives prices higher. Recent data shows that buyers who closed in January paid approximately $23,000 less  than those who purchased in May for a typical 1,500-square-foot home. While your actual savings will depend on price range, location, and property type, the trend remains clear: buying a home in January can result in meaningful cost savings , especially when affordability matters most. 2. Fewer Buyers Mean More Negotiation Power Winter is traditionally one of the slowest seasons in real estate. Many buyers step back, waiting for warmer weather, which creates noticeable advantages for those who stay active. When buyer activity is lower: Competition is reduced Multiple-offer situations are less common Sellers are often more flexible Buyers can move at a more comfortable pace Winter also reveals which sellers are truly motivated. Those listing during slower months often have stronger reasons to sell and may be more open to negotiation. According to Realtor.com , fewer bidding wars give buyers more leverage to negotiate price, closing cost credits, repairs, and other concessions, often reducing overall costs by thousands of dollars. Should You Wait Until Spring? Spring may bring more listings, but it also brings more buyers, faster decision-making, and higher pressure. Waiting doesn’t always mean better outcomes, it can mean paying more and facing increased competition. By contrast, winter buyers benefit from a calmer market, more thoughtful negotiations, and fewer rushed decisions. Bottom Line For buyers who value strategy over seasonality, buying a home in January  can offer lower prices, less competition, and more motivated sellers. These advantages often disappear once the spring market heats up. If you’re considering a move this year, reviewing current inventory, pricing trends, and financing scenarios now can help you make a confident decision. Understanding your options early puts you in a stronger position when the right opportunity appears. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ How Flexibility Expands Your Homebuying Options on a Budget One of the smartest advantages buyers can use today is surprisingly simple: flexibility. When your budget has limits, your wish list doesn’t have to. Your budget and wish list act like guardrails during your home search. When one can’t move, adjusting the other can open new possibilities. And often, small compromises are what turn frustration into progress. Recent data confirms this shift. A study from Cotality found that 70% of buyers compromised on at least one feature , even though only 33% expected to do so  before starting their search. What changed? Buyers realized that what can’t be changed matters more than what can. Buyers searching for homebuying options on a budget  often feel limited by rising prices and affordability challenges. But adjusting expectations around cosmetic features can significantly expand available inventory without increasing the purchase price. What You Can Change vs. What You Can’t Many features are cosmetic and upgradeable over time: Flooring and finishes Countertops and cabinets Bathrooms and fixtures But some features are far harder (or impossible) to change: Location and neighborhood Lot size and land Layout and bedroom count Proximity to work, family, or support systems Homes with good bones, strong layouts, and the right location hold long-term value, even if they need updates. A Simple Step to Unlock More Homes If your search feels stuck, try this exercise: Must-Haves Non-negotiables like location, commute, safety, accessibility, and bedroom count. Nice-to-Haves Features you’d enjoy but can live without, such as dual closets, a large patio, or a fenced yard. Dream Features Extras you’d love someday but don’t need right now. This clarity helps buyers stop treating “nice-to-haves” like deal-breakers, and that shift alone can bring more homes into reach. Small Flexibility, Big Payoff Choosing the right home isn’t about perfection. It’s about priorities. Sometimes the right move is: Cosmetic updates instead of higher price A smaller yard for a better location A home with potential instead of polish These aren’t sacrifices. They’re strategic decisions that help buyers move forward. Why Guidance Matters Knowing where to stay firm and where to flex isn’t always obvious. An experienced local agent helps buyers identify opportunities, avoid costly mistakes, and focus on features that matter long-term. If you’re ready to find a home that fits your budget and  your lifestyle, reviewing your wish list with a local expert can reveal options you may not have considered yet. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ Why Selling Your House This Winter Can Help You Stand Out Spring may get most of the spotlight in real estate, but it’s not always the strongest moment to put your home on the market. Sure, more buyers show up in spring, but so do a lot more sellers. Winter works differently. With fewer homes competing for attention, selling your house this winter  can actually give you a powerful advantage. Winter Is the Season When Your Listing Shines Year after year, housing inventory follows the same pattern: the number of homes for sale drops during the winter months. Based on the latest trends heading into 2025, that appears to be happening again. As we approach the end of the year, inventory is already declining, and if history repeats itself, it will continue to fall through winter. Even though inventory today is higher than the past couple of years, it’s still well below what we consider a “normal market” (like 2017–2019). Once winter settles in, that number may dip even lower. That puts sellers in a great position. Listing now means: You enter the market while other homeowners are pulling back You face less competition compared to spring Your home gets more visibility from active buyers When fewer properties are available, your home naturally becomes easier to spot, and easier for motivated buyers to choose. Winter Buyers Are More Serious and Ready to Move Another major advantage: winter buyers aren’t casually browsing. They’re typically people who need  to move, whether for a job relocation, a major life change, or a lease ending. As U.S. News explains: “Buyers who are trudging through wintry weather often have a good reason for being out in the cold – they need to move . . . and are usually serious and able to make quick decisions.” These are focused, motivated buyers who are prepared to move forward when they find the right home. And with fewer listings to choose from, your property could become the standout option if it’s priced and presented well. Bottom Line: Listing This Winter Can Give You a Real Advantage Winter may not come with the buzz of spring, but that’s exactly why this season works in your favor. Lower competition, highly motivated buyers, and more attention on your home all come together to create a strong selling environment. If you’re considering a move, this winter could be the perfect moment to get ahead of the spring rush. Thinking about your next steps? A personalized strategy can help you maximize this seasonal advantage. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ If you’re wondering how to score the best deals in today’s housing market , here’s the insider secret: Look at homes that have been sitting on the market the longest. When a listing lingers, most sellers start to get realistic, and more open to negotiation. That’s exactly where smart buyers are finding opportunities other shoppers overlook. How Buyers Are Finding the Best Deals in Today’s Housing Market According to Realtor.com , about 1 in 5 homes (20.2%)  have had at least one price reduction this year. That trend is happening almost everywhere, which means: ➡️ No matter where you live, there’s a chance to save, if you know where to look. Your agent can identify which listings have been on the market the longest. These properties often come with motivated sellers who are tired of waiting and more willing to negotiate. Less Competition = More Negotiating Power When fewer buyers are interested in a home, you gain leverage. As Realtor.com explains: “Less competition means fewer bidding wars and more power to negotiate the extras that add up: closing cost credits, home warranties, even repair concessions.” Those “extras” can easily trim thousands of dollars  off your total cost. Bankrate  also highlights that fall and winter bring even more room to negotiate since buyer activity slows down: “During the quieter fall and winter months… home sellers may be more willing to lower their prices, or offer concessions, to attract prospective buyers who are still looking.” Translation?If you’re shopping right now, you’re in a stronger position than you may think. Even Small Discounts Make a Big Difference Paying just 94% of the original list price  might not sound huge at first, but on a median-priced home, that can mean saving around $24,000 . And as Zillow puts it: “If you’re a buyer hoping to strike a deal, look for homes that have been on the market for a while… You may find a motivated seller who is more willing to negotiate.” Bottom Line: Look Where Other Buyers Aren’t If your goal is to find one of the best deals in today’s housing market , the smartest place to start is with homes that have been sitting for a bit. With price cuts rising and sellers becoming more flexible, these properties could offer your biggest opportunity to save, and potentially lock in a great home before competition heats up again . Ready To Find the Best Deals in Our Local Market? If you want help identifying motivated sellers, price-reduced homes, or properties that have been sitting longer than average, I can guide you through the best opportunities available right now. Let’s talk, your next great deal might already be on the market. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ California probate exemptions, like trusts, small-estate affidavits, and spousal petitions, help business owners and families avoid probate delays when transferring property or business interests. Why California Probate Exemptions Matter Right Now Probate in California is slow, public, and expensive, especially when a small business or real estate is involved. With rising estate values after the pandemic and updated 2025 probate thresholds, more residents are searching for California probate exemptions  to streamline inheritance and protect assets. If you own a business, rental property, or inherited real estate, these exemptions can help you bypass the probate courts entirely. 1. Revocable Living Trusts (Most Powerful California Probate Exemption) A revocable living trust is the simplest and most reliable way to avoid probate in California for both real estate and business ownership. Why It Works Real estate titled in the trust bypasses probate. Business interests can be placed in the trust for seamless transition. Successor trustees can manage operations immediately, no court delay. Best Use Cases Rental homes across California Family-owned corporations or LLCs Multi-property portfolios This remains the strongest and most widely used California probate exemption . 2. Small-Estate Affidavit (California Probate Code §13100) The 2025 small-estate limit is $184,500 —increased under recent California probate updates. What This Exemption Allows Heirs skip probate using a 13100 affidavit Works for business equipment, receivables, vehicles, and financial accounts Limitations Cannot transfer real estate All assets outside of trusts apply toward the $184,500 threshold A great option for small business owners who already place real estate in a trust. 3. Spousal Property Petition (Probate Code §13650) This California probate exemption allows surviving spouses or registered domestic partners to transfer property without a full probate proceeding. Benefits Faster than probate Works for business ownership interests Handles community and quasi-community property This exemption is often used for family businesses and jointly owned properties. 4. Real Property Affidavit (Value ≤ $61,500) California allows simplified transfer of low-value real estate using this affidavit. Best For Vacant land Rural parcels Fractional mineral rights Family-owned land under the value cap This is a niche but powerful California probate exemption  for inherited rural property. 5. Succession Planning Tools That Support Probate Exemptions Beyond statutory exemptions, smart business planning helps heirs avoid probate complications. Buy–Sell Agreements Define what happens to ownership if an owner dies. LLC Operating Agreements Specify successor managers so courts aren’t involved. Transferring Business Interests to a Trust Ensures continuity and qualifies as a probate-avoidance strategy. Final Thoughts Understanding California probate exemptions  can save families months of delays and thousands in court fees. Whether you own a business, rental property, or inherited real estate, the right exemption ensures your assets transfer smoothly and privately. Want to avoid probate delays? Reach out now and get the right plan in place. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ If it feels like new construction signs are popping up all over town, you’re not imagining it. Builders have  been active, but that doesn’t mean we’re heading toward an oversupply like the one that helped trigger the 2008 housing crash. In fact, the latest numbers show the opposite: builders are easing up, not speeding ahead. Are Builders Overbuilding Again? Builders Are Slowing Down, On Purpose Building permits, essentially permission slips to start future construction, are one of the clearest indicators of where the new-home market is headed. Right now, permits are trending lower , not higher. That alone is a strong signal that we’re not approaching an overbuilding problem. Before the 2008 crash, builders dramatically accelerated single-family construction even as buyer demand weakened. That flood of new homes eventually overwhelmed the market and dragged prices down. Today’s market looks nothing like that. Yes, construction has grown steadily since the early 2010s, but the pace has been controlled. And more recently, builders have begun pulling back on new starts . Why Builders Are Pumping the Brakes Builders are closely watching economic conditions and adjusting their pipelines to avoid getting stuck with excess inventory. As Ali Wolf, Chief Economist at Zonda, explains: “Builders are still working through their backlog of inventory but are more cautious with new starts.” This is a very different mindset from the pre-crash period, when overconfidence led to record-high construction even as demand declined. Today, builders are careful and strategic. The Regional Trend Tells the Same Story Local markets always vary, but when you zoom out to look at broader regional patterns, you see the same thing almost everywhere: cautious, not aggressive, building activity . Why This Isn’t 2008 All Over Again The big difference? Timing. In the early 2000s, builders kept building long after demand faded.Today , they’re slowing down before  the market gets out of balance. The country still needs more housing after a decade of underbuilding, but builders are making sure they aren’t flooding the market. More new homes today simply means buyers finally have additional options, not that we’re overbuilt. Bottom Line Seeing more new construction doesn’t mean builders are overdoing it. With building permits declining for several months, what we’re experiencing is a measured, healthy market , not a runaway building boom. If you’re wondering what this trend looks like in your local area, I’d be happy to walk you through the data. 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com

https://www.instagram.com/tessmarquez/ If you’ve served in the military, or you’re the spouse of someone who has — you have access to one of the most valuable VA home loan benefits for veterans : the chance to buy a home with no down payment. Yet, according to Veterans United , about 70% of Veterans  don’t realize they qualify for this benefit. That means seven out of ten are missing a chance they’ve earned through their service. Let’s break down what makes a VA home loan such a game-changer and what’s happening with them right now. Why VA Home Loan Benefits for Veterans Are a Smart Choice For nearly eight decades, VA loans have helped millions of service members and Veterans become homeowners. Here are some of the biggest advantages, as outlined by the Department of Veterans Affairs : Zero Down Payment:  Most Veterans can buy without saving for years. Lower Upfront Costs:  The VA restricts which closing costs you must pay, helping you hold onto more cash when closing. No Private Mortgage Insurance (PMI):  You’ll skip the extra monthly cost that comes with most other loan types. These benefits make the VA loan one of the best ways for Veterans and their families to build stability, save money, and start growing long-term wealth through homeownership. Are VA Loans Still Available During the Government Shutdown? There’s been some confusion recently about whether VA loans are still being processed during the government shutdown. That uncertainty has made some Veterans hesitate. The good news, according to Veterans United , is that VA loans are still available : “There’s been a lot of confusion and uncertainty about how a government shutdown will affect VA home loans... The good news is that the shutdown has minimal impacts on VA lending. Lenders are still able to order appraisals, obtain a borrower’s Certificate of Eligibility, submit the VA Funding Fee and more. In short, Veterans are still able to use their home loan benefit to buy a home or refinance an existing mortgage.” So while you might experience some minor processing delays, the VA loan program remains fully functional. You can still move forward with your purchase or refinance when you’re ready. Why Choosing the Right Agent and Lender Matters Navigating a VA home loan is smoother when you have professionals who truly understand the process. As VA News  explains: “Choosing a military-friendly broker or agent who understands the VA home loan application process can make all the difference in the homebuying experience. Finding the right agency or brokerage is just as important as locking in a good VA mortgage lender. Communication is key to getting to the loan closing table.” A knowledgeable, VA-experienced agent and lender can guide you through every step, from qualifying to closing, to help ensure you get the full benefit you’ve earned. Bottom Line If you’re a Veteran or an active-duty service member, your VA home loan  is one of the most valuable benefits of your service. It gives you the chance to buy with no down payment, fewer fees, and long-term savings. When you’re ready to buy, talk with a trusted, VA-experienced lender or agent who understands how to help you unlock your VA home loan benefits for veterans . Calling all Veterans who served our country! Don’t miss out on this tremendous benefit made just for you! 📩 Contact me at   TessMarquez.com  | (626) 712-5156  or call/text anytime! By Tess Marquez, Realtor & Probate Specialist |   TessMarquez.com