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Home > Testimonials > Shankar P.

Shankar P.

Thank you for your assistance and we felt very comfortable working with you. We will definitely recommend you to our friends.

Shankar P.
Folsom, CA

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"I’ve known John Leonardi for about 9 years. He is a great guy and one of the most knowledgeable real estate agents in the business. You can’t go wrong with John representing your interests... continued"

- Steve K.

🍃🏠🍁When it comes to selling your house, y

🍃🏠🍁When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. Leonardi real estate can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal. DM us for advice on what you may want to do to get your house ready to sell this season.
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📘🍁The Fall Edition Seller & Buyer Guides are

📘🍁The Fall Edition Seller & Buyer Guides are here!! 📖🍃

🏠 You may be wondering if prices are projected to rise or fall…or how much competition you may be facing in your market. Our seller & buyer guides are packed with over 20 pages of home selling or buying advice. Get your free copy today!
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Some people believe there’s a group of homeowner

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house.

👨‍💻 Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while it’s true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move.

🏡 So, if you’re thinking about selling your house, it may help to explore the other reasons homeowners are choosing to make a move today. The 2022 Summer Sellers Survey by realtor.com asked recent home sellers why they decided to sell.

📉 An appetite for different features or the fact that their current home could no longer meet their needs topped the list for recent sellers. Additionally, remote work and whether or not they need a home office or are tied to a specific physical office location also factored in, as did the desire to live close to their loved ones.

📊 If you, like the homeowners they surveyed, find yourself wanting features, space, or amenities your current home just can’t provide, it may be time to consider listing your house for sale.

📈 Even with today’s mortgage rates, your lifestyle needs may be enough to motivate you to make a change. While the financial reasons for moving are important, there’s often far more to consider. Non-financial reasons can also be a significant motivating factor.
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🏠 While watching the stock market recently may

🏠 While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works.

🏠 Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few years, home prices appreciated substantially. And while rising inventory and mortgage rates have cooled the market some in recent months, home prices nationally remain strong.

🏠 That’s why, according to the latest Homeowner Equity Insights from CoreLogic, the average homeowner equity has grown by $60,000 over the last 12 months.

🏠 While equity helps increase your overall net worth, it can also help you achieve other goals like buying your next home. When you sell your current house, the equity you built up comes back to you in the sale, and it may be just what you need to cover a large portion – if not all – of the down payment on your next home.

🏠 There’s volatility in today’s stock market, but home equity is still incredibly strong. To find out just how much equity you have in your current home, DM me.
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🏠 The talk of a housing bubble in the coming ye

🏠 The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming?

🏠 The Reality of the Shift in Today’s Housing Market

According to realtor.com, active listings have increased more than 26% over last year, while showings from the latest ShowingTime Showing Index have decreased almost 17% from last year. This is an inflection point for housing because, over the past two years, we’ve seen a massive amount of demand (showings) and not enough homes available for sale for the number of people that wanted to buy. That caused the market frenzy.

Today, supply and demand look very different, and the market is slowing down from the pace we’ve seen.

🏠 What Experts Are Saying About Home Prices in the Coming Year

Right now, most experts are forecasting home price appreciation in 2023, but at a much slower pace than the last two years. The average of the six forecasters below is for national home prices to appreciate by 2.5% in the coming year. Only one of the six is calling for home price depreciation.

When we look at the shift taking place along with what experts are saying, we can conclude the national real estate market is slowing down but is not a bubble getting ready to burst. This isn’t to say that a few overheated markets won’t experience home price depreciation, but there isn’t a case to be made for a national housing bubble. If you have questions about what's happening in our market, DM me today.
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