Sofia Pace Real Estate

10/12/2026

Here's some yard upkeep/ TLC ideas for this time of the month.

Fall is the perfect time to give your yard a little extra TLC before the cooler months settle in. 🍂🏡 A few simple seasonal tasks can help keep your landscaping healthy, boost curb appeal, and protect your home's value over time. Plus, there's something so satisfying about a freshly tidied yard and a home that's ready for all things cozy.

10/10/2026

Open house Saturday from 12-2pm. Check out this modern, updated, move in ready 2 bed,2 bath , 960 sqft two story home! Beautiful decorative fireplace in living room, updated newer windows, remodeled kitchen and bathroom! Asking price $715,000
Contact me for more info!

10/06/2026

What can you do if you need to finance the purchase of a new home but don’t yet have the proceeds from your current home listed for sale? The solution could be a bridge loan.

A bridge loan is a financing option that bridges the funding gap until you get permanent financing. Also known as swing loans, bridge loans are typically short-term loans, lasting around 3 months. They can be used to finance the purchase of a new home before selling your existing house or to get the existing home ready to sell.

A "Cash for your replacement home" Upfront lending option - often called Buy-Before-You-Sell allows a specialized lender or program to buy your new home with all-cash upfront to win the bid, giving you time to sell your old home.

Upfront Cash Purchase : The company buys the target property using their liquid capital.
Contingency Removal: Your offer becomes an attractive all-cash offer, which can be more attractive than financing offers for a lot of sellers.
Temporary Occupancy: You move in and pay a temporary occupancy or lease fee while finalizing your permanent mortgage.
You sell your existing property within a set window, usually 60 day window.
Final Repurchase: You execute your mortgage and buy the home back from the program provider.
There are pros and cons of using this strategy. There are service fees(expect 1.5% to 2.4% or more of the home's purchase price added to your costs, carrying costs, and market risk.
If you have any other questions or wondering about any other options, send me a message or contact me today!

10/03/2026

How are buyers finding lower rates? With 30-year conventional mortgage rates rising above 7%, Buyers are turning to Adustable rate mortgagers (ARMs) and buy downs, as well as considering homes with Assumable loans. For more info about any of the following, contact me. More in the article: Where Buyers Are Turning for Lower Mortgage Rates:

As mortgage rates climb above 7%, some home buyers are still finding ways to lower their upfront borrowing costs.

10/01/2026

New Listing!

Top-floor penthouse living at 620 S Gramercy Pl #432 Los Angeles, CA 90005
Korea Town
2 bed/ 2 bath, 1,055 sqft
Offered at $670,000
Penthouse loft, Private balcony, fireplace, community pool, secured parking.

The Veritas Group
Keller Williams Luxury

Contact me today if interested or have any questions!

Let us guide you home. 🏙️ 🏠

10/01/2026

Mortgage rates are once again one of the biggest forces shaping our housing market.
Key Data for September 2026

Mortgage Rates: 30-year fixed rate as of October 1, 2026 is at 7.60%, September 24th at 7.45% (Mortgage News Daily);
https://www.mortgagenewsdaily.com/
7.03% for the week of September 24 (Freddie Mac PMMS); one year ago the same MND benchmark was 6.37%

Federal Reserve: Raised benchmark rate 25 basis points on September 16 to a target range of 3.75% to 4.00%, its first hike since 2023 (CNBC)
Existing National Home Sales: 3.98 million annualized in August, down 2.0% month-over-month and 1.2% year-over-year. Year-to-date sales are still up 1.6% through the first eight months of 2026 (NAR, September 10)

NAR's chief economist noted that buyers now have "better opportunities to negotiate." Sellers who need to move are increasingly agreeing to help. Seller-paid closing costs, price reductions, and seller-funded rate buydowns are showing up regularly in purchase contracts across much of the country. The rate is higher, but the actual cost of getting into a home, when negotiated concessions are factored in, looks different from the headline number.

For buyers who are ready to move, this fall market may be a real window. Less competition, more inventory, and sellers motivated to make deals work.

If you'd like to speak with a Lender in regards to your finances, or get prequalified, let me know. If you need any other real estate help, feel free to reach out.

09/25/2026

Assembly Bill 1842, authored by Assemblymember Harabedian, gives eligible borrowers an initial 180-day forbearance window, extendable in 90-day increments up to 12 months. Borrowers must submit their initial request within six months of the disaster declaration. The application itself is light - a verbal or written affirmation that the home is uninhabitable, no additional documentation required. More info on the CA Mortgage Relief Act and Article, go to:

180 days of forbearance, no lump-sum payoff, and a foreclosure freeze

09/24/2026

You don’t have to figure it all out on your own! With the right game plan, it’s totally doable. There’s plenty of tools and resources designed to support buyers. Let’s connect and make a plan!

09/08/2026

Fall vibes. Let’s have a great week.

Good morning!!

09/01/2026