Welcome to Eileen Lanza Real Estate

Last year, one factor drove the real estate market more than any other: rising mortgage rates. 

Escape to your own stunning Spanish Oasis in the desert

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The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place. 

Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1

You don't have to break the bank to celebrate the new year in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings. 

Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership.  

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1 Consequently, home sellers who enter the market today may need to reset their expectations.

This 1927 classic Spanish charmer may be the one. Inside, this upper south/west facing residence with clear views of the horizon and stunning LA sunsets has been impeccably renovated with design and function in mind. 

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