Negar Fatemi

Negar Fatemi

Realtor

11 years Top seller/Sale leader at Art.com, Negar is a multi lingual Realtor who is passionate about helping families to find their dream home! She believes that Real Estate is a fascinating industry, and where you live becomes the center of your universe, and your "home" is the place where memories are made! The sale or purchase of a home is one of the most important & exciting events in people's lives, and at the same time, it can be very challenging; as a member of the California Association of Realtors, it is her commitment to focus on helping her clients in a very honest&sincere way, to make the best decisions they can and the right investment for themselves and their families! She always has the best interest of her clients at heart and works tirelessly with no time limit to her clients to make sure their needs and wants are met! You gonna love working with her! Negar speaks four languages: English, Italian, Dutch, and Persian. In her spare time, she enjoys running and working out; Gym is her second home!

Contact Negar Fatemi

I work at Compass

5353 Almaden Expressway, Suite 150A, San Jose

4084785050

negar.fatemi@compass.com

Areas covered/ Languages

Bay Area/ South Bay

Negar Fatemi
Negar Fatemi

Shared publicly - 2020-11-06 03:36:15

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Find your passion and it`s no longer work!


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Negar Fatemi
Negar Fatemi

Shared publicly - 2020-10-19 05:52:56

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Low mortgage interest rates and pent-up demand from a desire for homeownership will bolster California home sales in 2021, but economic uncertainty caused by the coronavirus pandemic and continued supply shortage will limit sales growth, according to a housing and economic forecast released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

The baseline scenario of C.A.R.’s “2021 California Housing Market Forecast” sees a modest increase in existing single-family home sales of 3.3 percent next year to reach 392,510 units, up from the projected 2020 sales figure of 380,060. The 2020 figure is 4.5 percent lower compared with the pace of 397,960 homes sold in 2019.

The California median home price is forecast to edge up 1.3 percent to $648,760 in 2021, following a projected 8.1 percent increase to $640,330 in 2020 from $592,450 in 2019.

“An extremely favorable lending environment and a strong interest in homeownership will continue to motivate financially eligible buyers to enter the market,” said C.A.R. President Jeanne Radsick, a second-generation REALTOR® from Bakersfield, Calif. “While the economy is expected to improve and interest rates will stay near historical lows, housing supply constraints will continue to be an issue next year and may put a cap on sales growth in 2021.”

C.A.R.’s forecast projects growth in the U.S. gross domestic product of 4.2 percent in 2021, after a projected loss of 5.0 percent in 2020. With California’s 2021 nonfarm job growth rate at 0.5 percent, up from a projected loss of 12.7 percent in 2020, the state’s unemployment rate will dip to 9.0 percent in 2021 from 2020’s projected rate of 10.8 percent.

The average for 30-year, fixed mortgage interest rates will dip to 3.1 percent in 2021, down negligibly from 3.2 percent in 2020 and down from 3.9 percent in 2019, remaining low by historical standards.

“While home prices rose sharply in 2020, driven by strong sales of higher-priced properties and a limited inventory of homes for sale, the pace of price growth will be more moderate in the coming year,” said C.A.R. Senior Vice President and Chief Economist Leslie Appleton-Young. “The uncertainty about the pandemic, sluggish economic growth, a rise in foreclosures, and the volatility of the stock market are all unknown factors that could keep prices in check and prevent the statewide median price from rising too fast in the upcoming year,” Appleton-Young continued.

2021 CALIFORNIA HOUSING FORECAST ( see the picture)


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Ali Abbasi
Ali Abbasi

Shared publicly - 2020-10-19 06:00:09

Thanks for sharing, this is great to know!


Negar Fatemi
Negar Fatemi

Shared publicly - 2020-10-19 06:19:01

I`ve heard this question many times from my clients and friends since the beginning of Pandemic : ( Do we expect any decrease in house prices and the inventory next year due to the current situation?!)

The above information is from the CALIFORNIA ASSOCIATION OF REALTORS Website and I hope it somehow clarifies your queries!