Bubble Alert! Is it Getting Too Easy to Get a Mortgage? | Matthew Stewart Real Estate Team | Roseville | Granite Bay |Rocklin

Bubble Alert! Is it Getting Too Easy to Get a Mortgage?

There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, in just the last year:

More buyers are putting less than 20% down to purchase a home. The average credit score on closed mortgages is lower. More low-down-payment programs have been introduced. This has some people worrying that we are returning to the lax lending standards which led to the boom and bust that real estate experienced ten years ago. Let’s alleviate some of that concern.

The graph below shows the MCAI going back to the boom years of 2004-2005. The higher the graph line, the easier it was to get a mortgage.

Mortgage availability index

As you can see, lending standards were much more lenient from 2004 to 2007. Though it has gradually become easier to get a mortgage since 2011, we are nowhere near the lenient standards during the boom.

The Urban Institute also publishes a Home Credit Availability Index (HCAI). According to the Institute, the HCAI:

“Measures the percentage of home purchase loans that are likely to default—that is, go unpaid for more than 90 days past their due date. A lower HCAI indicates that lenders are unwilling to tolerate defaults and are imposing tighter lending standards, making it harder to get a loan. A higher HCAI indicates … it is easier to get a loan.”

Here is a graph showing their findings:

Housing Credit Availability Index

Again, today’s lending standards are nowhere near the levels of the boom years. As a matter of fact, they are more stringent than they were even before the boom.

Bottom Line

It is getting easier to gain financing for a home purchase. However, we are not seeing the irresponsible lending that caused the housing crisis.


Matthew Stewart Real Estate Team @ Realty World for more information regarding selling or purchasing a home.  With 18+ years and hundreds of homes SOLD success experience, we are here to help you realize your real estate goals.  This post was original from KCM – Keeping Current Matters.

How to Help A Senior Downsize After A Spouse’s Death

Many seniors have started downsizing in retirement. Instead of sticking with the big house they bought decades ago, they’re selling it and moving into a new home that’s smaller and more convenient.

This is a major life change, so it can generate some anxiety. If that senior also recently lost their spouse, they are facing a different set of challenges. That’s where you can help. By knowing whether downsizing is right for the senior and helping sort their belongings, you can make this change easier to handle. This is especially true if the senior is suffering from Alzheimer’s.












Image Source: Pixabay


Why Seniors Downsize After Losing A Spouse

For many seniors, downsizing is a great idea. Kiplinger explains that moving to a smaller home can help a senior save money, time, and effort. As they grow older in retirement, these savings can really help their quality of life. In addition, the loss of a spouse is a terrible event to endure. Moving can help the grieving process by having fewer reminders of the loss.

But how do you know if that senior is ready to downsize? There are a few questions to ask that can help make that decision.

  1.  Do they need the extra money?
  2. Do they have a lot of equity in their old home?
  3. Has the area significantly changed since they bought the house?
  4. Is taking care of the property becoming troublesome?
  5. How Seniors Can Downsize Comfortably.
  6. If you’ve convinced the senior that downsizing makes sense, it’s time to start sorting and packing. Because they’re moving into a smaller home, they will need to downsize their belongings as well. This includes the belongings of the spouse they lost.

Caring.com has some recommendations to make the sorting process go more smoothly:

  • Plan out the sorting and packing with plenty of time to spare. This process will take a while, and your senior friend might need time to reminisce and process feelings of grief. Start early, and break the process down into pieces instead of planning all of it in one weekend.
  • Help the senior focus on possessions that are used the most. Some possessions will need to be discarded. If that VCR hasn’t been used in years, it can probably go.
  • If the senior has any heirlooms or legacy gifts, encourage them to give these special items away to family now. This can keep treasured mementos in the family while having less to move.

Since this move is going to be emotionally trying for the senior, make sure you communicate well. Show respect and care by giving the senior time to process the emotions brought up by the move. Expect that there will be some sadness and anxiety. Give the senior the room to experience these emotions.


Helping A Senior With Alzheimer’s To Downsize

If your senior friend has Alzheimer’s, they can still downsize both their home and possessions after the death of their spouse. It just takes a little more help from you.
Although you might be tempted to leave them out of the process, it’s better to involve them as much as possible. This helps the senior feel respected and independent.
Bring them to their new home. Walk around the place with them so they can start to feel comfortable there. Since Alzheimer’s can affect memory, be prepared to do this a few times.
Stay positive through it all. Anxiety and stress can be contagious. If you are clearly upset during the downsizing, your senior friend will likely get upset as well. When a senior with Alzheimer’s sees you’re doing fine, they’re more likely to stay calm.

Downsizing Can Be Done With A Senior

Any move can be stressful, but when a senior is also grieving the loss of their spouse, the challenges can seem insurmountable to them. That’s why you need to help the senior know when it’s time to downsize and how to sort through their possessions. Alzheimer’s or not, your senior friend needs your assistance.

written by: Michael Longsdon

DIAMOND WOODS – West Roseville CA, 95747 – Matthew Stewart Real Estate

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Diamond Woods in West Roseville, CA 95747 is a hidden gem close to everything but far enough away from the hustle and bustle you sometimes forget you’re in the city.  With its spacious greenbelts and nature preserves, to its walking and bike riding trails, to its many community parks, Diamond Woods and Diamond Creek are very special.  Learn more in the video provided by Matthew Stewart Real Estate Team at Realty World American River Properties.

JUST A FEW PAST SALES | Matthew Stewart | Roseville | Granite Bay | Rocklin

Matthew Stewart Real Estate Team SOLD! | Matthew Stewart | Roseville | Granite Bay | Rocklin

DIAMOND CREEK – West Roseville CA 95747 | Matthew Stewart | Roseville | Granite Bay | Rocklin

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The Matthew Stewart Real Estate Team stumbled onto Diamond Creek, much like many of its current residents.  Many were living in the San Francisco Bay Area and would come up to Roseville and Granite Bay for drives on gorgeous spring, summer, or fall days.  They would venture out to West Roseville, lured by all of the aggressive new home builder advertising, but along the way they would take a turn here or there and somehow end up in Diamond Creek along Blue Oaks Blvd and Woodcreek Oaks Blvd.  Once you find Diamond Creek – you love it!  With its many nature / greenbelt areas encouraging walking or riding on the trails winding through out, and its award winning schools and parks, Diamond Creek is a phenomenal place to live.  Check out the informative video the Matthew Stewart Real Estate Team has created to learn more.  If you desire more information or private showings of homes located in Diamond Creek, Diamond Woods, or surrounding areas, including Granite Bay – contact Matthew Stewart directly at (916) 718-2979

18 Mistakes Most Sellers Make When Putting Their Home on the Market.

 18 Mistakes Most Sellers Make When Putting Their Home on the Market.

Matthew Stewart Real Estate Team | Top Producing Real Estate Agent | Granite Bay | Roseville | Rocklin | Fair Oaks

18+ years and hundreds of homes SOLD success experience.  “The ones who get things done!”

*Adapted from real estate industry coach Walter Sanford.

1)  Pricing your home too high: Have a professional determine comparable sales and listing competition. You want top dollar, and you want all the buyers to see your home. The top agents know how to walk that fine line.

2)  Small repairs bring big profits and fast sales: Have a professional give you low-cost solutions to minor repairs that will yield big profits. Matthew Stewart Real Estate Team arranges for a professional inspection for our sellers so we are actually selling “pre-inspected properties”, which is another reason why we get more showings for our sellers.

3)  Not considering other financing terms (besides cash): Have a professional give you options that may be better than cash for you, the homeowner, and financing options that excite a buyer. All of our sellers have a flyer that we give them on the “Fifteen Ways a Buyer Can Finance” detailing how new buyers can finance their home.

4)  Market Timing: Have a professional determine if the market cycle is poised to net you the most money. At least ask to be shown how you make profits in a down market. There are opportunities in good and bad markets. At Matthew Stewart Real Estate Team, we study market trends and know what is around the corner.


5)  Providing easy access for showings: There are many ways to show a home. Appointment only is the most restrictive; lock boxes are the least restrictive. Have a professional help you determine which is best for your lifestyle. I have a full-time staff that will make sure your home is shown when that buyer is ready. Another exclusive service of Matthew Stewart Real Estate Team is that we train each of the agents in our office on how to best show your home.

6)  Staging your property correctly: Can you put items in storage? Create more light or music? Matthew can help you with ideas, a handyman, or designer. We have the experience and ‘know how’ to make your property a better value every week.

7)  Choosing the right REALTOR®: If your home didn’t sell last time, make sure and get it right this time with someone who knows the market and how to create a customized marketing plan to bring top dollar.  We might even suggest a team who has 17+ years and hundreds of homes SOLD success experience.  Hmmmm….I wonder?

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8)  Believing that selling property is seasonal: Do not base selling decisions on the seasons, rather base your decision on what the market at the moment is telling you, and where your real estate professional is predicting the market will go. Property is always selling. In fact, in the traditional “off times” there is less inventory, and, therefore, more activity on individual properties as a result. One of my biggest months for sales and seller success has been November/December.

9)  Pricing their home too low: One reason to HIRE MATTHEW is to make sure that no money is left on the table. We will make sure all of the features and benefits are not only brought out in a real world marketing campaign, but also that you get paid for them.

10)  Not using current marketing technology: Make sure your agent is on the “Information Highway” with buyer recognition systems, personal web sites, social media, search engine technology, and the latest in buyer communications. These should be brought out and identified in the “customized marketing plan.”

Social Media Images

11)  Re‑evaluating the marketing plan every 10 days: The market, you, and your property require intuitive changes on a regular basis. That is why we schedule a meeting with our seller clients every ten working days.

12)  Believing the agent is not doing the job: Do you know that 70% of buyer activity comes from signs and the MLS? Even the most mediocre agent can bring these tools.  The other 30% comes from the Realtors network and customized marketing plan (personal, database, past clients, social media resources and following, door knocking, mega open house, etc etc.) So if you lack showing problems look at your price, terms, and staging first.

13)  Ignoring first impressions from the buyer: Sales are often hampered by unkempt lawns, cluttered closets, unpainted front doors, hard‑to‑work locks, dead light bulbs, bad colors, stains, unlit areas, and unusual smells. Spend time on the little things; double up on your gardener, keep things cleaner than usual and “marshal” the pets. Understanding you still have a life, I will give you a simple list of small items to consider.

14)  Not giving the sales effort enough time: You should never give too little time to something that is inherently a long process. Estimate the time you have to sell and then add some time so that you are never put in the position of having to do something based on deadlines. Matthew can help you with the average time on market in your area in your price range. We do, however, pride ourselves on beating the average days on market, as published by our Multiple Listing Service.


15)  Dealing with unqualified or unsavory characters: One of the best reasons to hire a real estate professional is they have the ability to pre‑qualify a prospect before valuable negotiation time is lost. More importantly, they have the tools to discover if a prospect’s motivation to see your home may be other than purchasing a house. Understand that I use a team approach in achieving your goals as a seller. One of my team members is a local lender who I will involve in your sale early and will pre-approve every buyer that I show your home to.

16)  Believing they are powerless to make a difference: Top agents in the industry report that sellers themselves are responsible for one out of six sales. You can network with your business and personal friends, hand out flyers to your personnel department, and keep the house “ready to move into.” Your professional real estate agent should be ready to hand out all sorts of easy assignments to make the “team effort” successful.

17)  Testing the market: Never put your property on the market unless you really want to sell. Get ready for a professional sales effort if you list with a great agent. If your plan includes indecision, be prepared for frustration because top dollar SOLD SUCCESS is Matthew’s objective.

18)  Not setting up expectations with their agent: Your agent needs to guarantee how fast the return phone calls are made, what communications will be used, how many websites your home will be on, numbers of showings, and a myriad of other goals. Matthew Stewart Real Estate Team provides these in writing.


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Matthew Stewart Real Estate Team

at Realty World American River Properties

BRE# 01203051