Yordani Lazo Realtor - Goodwood Realty

10/21/2025

05/10/2023

MBS Highway’s May 2023 Housing Survey showed that home prices have passed an inflection point and are moving higher. This marks the 5th-straight month of improving activity levels and sentiment. 72% of respondents characterized their local buyer activity as ‘Very Active”, ‘Somewhat Active’, or ‘Steady’, which is the highest level in 9 months. Overall pricing pressure is now upward, with 53% of respondents reporting price increases, versus only 19% reporting price reductions. The turnaround has been dramatic: in December 2022, only 3% of respondents reported price increases, while 78% reported price decreases.

04/26/2023

The FHFA (Federal Housing Finance Agency) released their House Price Index, which measures home price appreciation on single-family homes with conforming loan amounts. Different than Case Shiller, it does not include cash buyers or jumbo loans. The FHFA reported that prices rose 0.5% in February after rising 0.2% in January! Year over year, home prices are up 4%, which is down from 5.3% in the previous report. From the peak, home prices according to FHFA are down 0.2%, which is basically flat. Based on this, you can interpolate that the decline in Case Shiller is coming from higher priced homes where there is less demand. Additionally, there is likely cash discounts being offered, where buyers paying in cash are able to command a lower price, which is why Case Shiller is also lower.

04/21/2023

One of the biggest misconceptions for renters is the amount of down payment needed. Only 11% realize that a home could be purchased with just 5% down, and about 45% believe that a down payment of around 20% is needed. This is according to the latest survey from the National Association of Realtors.

Additionally, two-thirds of millennial renters say they don’t have enough saved for a down payment, but that's because many felt they needed to save 20% of the purchase price according to Apartment List.

If you are renting, you are getting left behind. The average homeowner has a net worth 40 times higher than that of a renter. Many millennials are already seeing this. For the first time ever, 50% of millennials are now homeowners.

Rents will likely continue to rise! Don’t miss your chance to start building wealth through homeownership today. Reach out to me so I can share more about the benefits of owning a home.

04/12/2023

MBS Highway’s April 2023 Housing Survey showed another solid increase in buying activity as the spring selling/buying season kicked into high gear. This marks the 4th-straight month of improving sentiment. A survey record* 68% of respondents characterized their market as 'active' and a survey record* 33% of respondents indicated that they were now seeing price increases.* The MBS Highway Housing Survey began in July 2022.

04/05/2023

Pending Home Sales rose 0.8% from January to February, which was much stronger than expectations and marks the third straight month of increases. Sales were down 21.1% from a year earlier, though this was an improvement from the 24.1% annual decline in January’s report. Pending Home Sales is a critical report for taking the pulse of the housing market. It is considered a forward-looking indicator of home sales because it measures signed contracts on existing homes, which represent around 90% of the market.
What’s the bottom line? Lawrence Yun, chief economist for the National Association of REALTORS�, noted, “After nearly a year, the housing sector’s contraction is coming to an end. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” Housing activity should continue to rebound during the spring buying season, especially if home loan rates move lower and hibernating buyers are motivated to resume their home search.

04/04/2023

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04/04/2023

Learn how first-time homebuyers are getting creative to get into their first home, from rethinking location and financing, to who you buy with. Click the link for ideas to succeed in today's market. https://cnn.it/3XPRWmf