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2020 will be a strong Real Estate Year that includes both Purchase and Refinance Markets. There has been a surge of 30.2 percent in mortgage applications since the first of the year. The refinance market jumped to 43% for the week and is up 109% higher than a year ago. 

The low mortgage interest rates should continue to the November elections which will work well for first time buyers, investors and homeowners looking for a refinance loan option.

If you are considering selling or buying or need an appraisal of your property, then give me a call to discuss your real estate needs.

Tom Melville Broker / Appraiser       831-883-0406
Melville Appraisal / T.Melville Properties serving Santa Cruz, Monterey, San Jose and Santa Clara Counties.