Eric Lawrence Frazier MBA Advisory Services HUD Magazine May 2025

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EMAIL:

Eric.frazier@ericfrazier.com

WEB: www.ericfrazier.co

PRODUCTION TEAM:

•Thepowerisnowmedia.com

•Alvin Magua

•Leonna Rose Berame

•Sharon Rose Barellano

TABLE OF CONTENT

EDITOR’S NOTE

HUD LISTING

• 1096 TERRACE DR

• 557 OAKHAM DR

• 1660 ANDOVER LN

• 60217 WISHBONE CT

• 37539 HENNA LN

• 2168 6TH AVE

• 8328 PINEFIELD DR

• 1131 BUSH CT

• 2101 W TOKAY ST

• 18447 TEMECULA AVE

• 1161 COUNTRY CLUB N BLVD

• 6046 THORNWOOD DR

• 20211 MODOC RD

• 32157 NAVAJO CT

• 19557 DONKEY HILL RD

• 8235 LA RIVIERA DR

• 14627 GREENBRIAR DR

• 6929 GRAND AVE

• 2705 KENMAR RD

• 785 E WILLOW AVE

• 812 W 23RD ST

• 26135 CHELSEA WAY

• 112 ZERMAT DR

• 1022 SMITH ST

• 46390 ALAMOSA RD

• 896 N PLANO ST

• 140 WAYMAN LN

• 8725 ROCKY MOUNTAIN RD

• 2928 EDNA ST

• 5860 DARBY LN

• 3425 HICKORY ST

• 3320 SPRINGE ST

• 221 W MAYBERRY AVE

• 15755 LOWER WYANDOTTE RD

• 1874 HARTNELL AVE

• 2316 S BARDELL AVE

• 18835 STATE HIGHWAY

• 66270 BUENA VISTA AVE

• What Is Politics?

• HUD Seeks Feedback from Tribal Leaders on Burdensome Environmental Regulations

• Leveraging Market Duration in Negotiations: A Seller's Guide

• HUD Delivers Disaster Aid, Financial Flexibility for Virginia Residents Impacted by Winter Storms and Flooding

• Understanding Disclosure Obligations in "As Is" Property Sales

• The Influence of International Buyers on the Palm Springs Market

• ICYMI | Secretary Turner Shares HUD’s Mission-Minded Achievements in President Trump’s First 100 Days

• Assessing Long-Term Value: What Makes a Property Appreciate?

• The Importance of Landscaping Choices in Enhancing Property Appeal

• Understanding How Climate Adaptation Strategies Are Influencing New Developments

• HUD Provides $1.8 Million to Support Youth Aging Out of Foster Care on Anniversary of First Lady Melania Trump’s BE BEST Initiative

• Why Today’s Foreclosure Numbers Aren’t a Warning Sign

• Paused Your Moving Plans? Here’s Why It’s Time To Hit Play Again

EDITOR’S NOTE

Fair Housing, Foreclosures, and the Future of Homeownership in America

First and foremost, thank you. To every reader, subscriber, supporter, and silent follower your presence matters Your time is valuable, and the fact that you’ve chosen to spend some of it here with us means everything. Faith, Family, and Finance is more than a magazine it’s a movement And it would be nothing without you

We find ourselves living in uncertain and historic times. War, division, inflation, innovation, and moral tension all co-exist in a single breath The headlines change by the hour, but the themes remain the same: we are a world searching for peace, prosperity, and purpose.

As we publish this May edition, we pause to honor Mother’s Day and all mothers To the women who gave us life, strength, structure, and soul thank you. And we also acknowledge Memorial Day, a sacred moment to remember those who gave their lives for our freedoms. Let us never forget that freedom is never free.

Globally, the saga of Ukraine and Russia continues to weigh on our collective conscience A deal has finally been made by the United States a step toward resolution but let’s be honest: only God knows what comes next We hope We pray We dare to believe that peace is possible, that Ukraine will stand tall among the nations, and that our own democracy will not be undermined by fear, division, or the shadows of our political past

Yes, the name “Trump” still haunts and divides. But in this space our space we choose to focus on what unites: Faith that anchors us, Family that defines us, and Finance that empowers us. I’ve written this month’s articles to speak into each of these areas not from a place of judgment, but from a place of experience, conviction, and hope

I believe we all have the power to build something eternal with our lives, our love, and our legacies That’s what this magazine is here to help you do

So, I invite you to read with an open heart. Share what speaks to you. Challenge what doesn’t Let’s keep the conversation going

The times may be heavy, but our faith is stronger. Our families are worth fighting for. And our finances when stewarded wisely can fund the future we dream of

Thank you for being on this journey with me.

Let’s be real You’ve probably found a few homes you like online, even if we haven’t chatted about them yet. But here’s the thing: You can’t control when the right home shows up – but you can be ready for it.

Truthfully, if you’re just browsing, you should still get preapproved.

Truthfully, if you’re just browsing, you should still get preapproved

What’s one of the smartest things you can do even before you're ready to buy? Get pre-approved.

While it may sound like something you can wait and do until after you’re serious, waiting too long is a mistake

Doing this essential step early on gives you clarity on what you can borrow, your realistic price range, and what your future monthly payment could be. When you know your numbers – and you’ve been cleared financially by a lender – you can act quickly when the right home hits the market

Even if you’re just thinking about looking or casually starting a search, DM me and let’s chat. This way, you’re not falling in love with homes that are outside of your price range – or missing out on ones that aren’t.

While you may be tempted to skip the home inspection to try to make your offer stand out this spring, just know that’s a gamble that may not pay off. Even though a home might seem move-in ready, an inspection could uncover underlying problems you didn’t see in your walk-through And information is power It helps you avoid unpleasant surprises. Plus, if any issues are found, your agent can help you negotiate with the seller on the repairs. What questions do you have about what to expect from an inspection?

Retirement should feel like freedom, with more time for travel, hobbies, and spoiling your grandkids. But with the cost of living up 23% in just the last five years, you also need to make sure your savings will support the lifestyle you’re dreaming about

If your current home feels too big, too expensive, or not quite right for what’s next, downsizing or relocating could help you stretch your dollar further and create space for what really matters. What would make this next chapter feel like your best one yet? Let’s talk about how a move could help make it happen

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Coming out of the housing crash, builders pulled production way back, and that led to a long period of underbuilding. You can see that in this data. So, even though we’re building more homes right now than we have in the last few years, there’s still a significant gap to make up after not building enough homes for over a decade

But like anything else in housing, this varies by area. Some places will have more newly built homes, and others will have fewer. Want to know what’s happening in our local market?

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House hunting just got a little easier

You have more homes to choose from – and that’s a big change after years of really low inventory. And the best part? The number of homes that have just been put on the market is picking up, giving you additional fresh options and a better chance of finding a home that fits your needs. Whether you’re buying your first home or thinking about a move, now’s a great time to kick off your search.

What features or neighborhoods are at the top of your wish list right now?

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House hunting just got a little easier.

You have more homes to choose from – and that’s a big change after years of really low inventory And the best part? The number of homes that have just been put on the market is picking up, giving you additional fresh options and a better chance of finding a home that fits your needs. Whether you’re buying your first home or thinking about a move, now’s a great time to kick off your search.

What features or neighborhoods are at the top of your wish list right now?

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Overpricing your house could cost you more than you think. Data shows the longer a house sits, the less it sells for. And here’s why. If a house is priced at or just below market value, it typically sells quickly. But if a house is priced too high, it lingers

As time wears on, it's more likely you’ll have to accept a lower offer, or you’ll need to make a price cut to draw buyers back in. And that’s not the experience you want. Want to make sure your home sells quickly and for the best price?

Let’s talk. With an agent’s expertise on your side, it’s easy to price it right.

Recession talk is heating up – but what does that mean for housing? Here’s what historical data tells us

If a recession happens, many people assume home prices will crash like they did in 2008. But history tells a different story.

In 4 of the last 6 recessions, home prices actually went up That means 2008 was the exception, not the rule During recessions, prices usually follow whatever path they’re already on. And, right now, prices are still rising nationally.

How does knowing home prices haven’t typically dropped in past recessions change the way you think about buying or selling?

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Are you feeling frustrated by the lack of options in your price range? Here’s some advice. Check out townhomes. Because they’re usually smaller, they can be more affordable, too. And there are more hitting the market than we’ve seen in years. That gives you more options, potentially in your price point

So, let’s chat if you want to see if this type of home would make sense for you and your lifestyle

In the meantime, let me know: what matters most to you? Space, location, or price?

On average, homes are staying on the market about a week longer than they did at this time last year And in real estate, those few extra days can be game- changing More time means more space to list your home, find your next one, and make smart decisions without the rush.

And yes, well-priced homes are still selling quickly. The market’s cooling just enough to be the sweet spot you’ve been waiting for: less chaos, more control, and solid demand

Want to know how many days it takes to sell a home in our market?

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With more homes for sale, some sellers are coming around to the idea of concessions.

From adjusting the price to helping with closing costs, throwing in a home warranty or appliances, even giving you credit so you can make repairs, sellers may be more willing to compromise But making sure you know how to ask and what to ask for is key. That's why it’s important to have the right agent by your side.

Which concession would make the biggest difference for you? Let me know, and we’ll factor that into your home search

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Spring is here, and so is the busiest season in real estate That means competition may be picking up If you're thinking about buying a home, here’s what you can do about it. Get pre-approved for your home loan before you even start house hunting. It helps you know your budget and will make your offer look stronger for sellers. Reach out to a lender to make sure you’re ready when you find the one.

Waiting too long to get your pre-approval could mean the perfect home slips away

What’s your plan to stand out in this competitive spring market?

Let’s get something clear right from the start: I am not running from politics I’m running to it. Why? Because you can’t talk about faith, family, or finance without talking about the invisible (and sometimes very visible) hand of politics. It is woven into every decision we make, every policy we follow, and every freedom we enjoy or fight for

Politics isn’t just about who holds office or what party you check on a ballot It’s about the rules that govern how we live together. It’s about leadership It’s about vision It’s about the collective will of a people and what we choose to elevate, enforce, or ignore. Politics is not just in Washington it’s in your wallet, your worship, and your way of life.

So what is politics?

What Is Politics?

At its core, politics is the organized conversation of values what we, as a society, choose to protect, promote, and pass on. It’s about power, yes, but not just the kind that dominates. It’s about the power to influence, to shape culture, to guide laws, to decide which voices are heard and which are silenced It’s the debate between competing ideas about the good life, and whose vision of that life gets to lead.

That’s why I believe politics must be addressed head-on in Faith, Family, Finance Not as a separate section, but as a thread woven into all three. Because let’s be honest: every meaningful issue in our lives has political implications. And pretending otherwise doesn’t make you more spiritual, more focused, or more faithful. It just makes you less informed and more vulnerable.

Politics in Faith

Let’s start there Faith has always had a political dimension Jesus didn’t die of old age He was executed by the state. The prophets of old challenged kings and spoke truth to power. The early church clashed with Rome not because they were unruly citizens, but because they believed in a higher authority. Faith shapes conscience, and conscience challenges systems.

Today, your ability to pray at work, your right to religious freedom, your freedom to gather and worship these are all political privileges. When legislation threatens them, that’s not “just politics” that’s personal. That’s spiritual. So if your faith means anything at all, it should inform how you engage with the world around you, including the political structures that shape it

Politics in Family

What about family? Oh, there’s politics there, too front and center.

Who defines marriage? Who determines parental rights? Who controls what’s taught in schools, what children are exposed to, and whether a child is protected or left behind? All of these are political questions. The state has always had its hands on the family in good ways and in bad From child tax credits to foster care systems, from housing policies to healthcare laws, Politics isn’t just on the news It’s at your kitchen table

So yes, if we are going to be good stewards of our families, we must be aware of the political decisions being made in our name Ignorance isn’t an option Silence isn’t protection And disengagement is a luxury we can no longer afford.

Politics in Finance

And now, to the one everyone feels most directly, it's money. Finances.

Your paycheck is political So is your mortgage rate So, can you start a business, invest in real estate, buy insurance, or even retire with dignity? Who controls interest rates? Who regulates the banks? Who bails them out when they fail, and who gets left holding the bag? Those are political decisions They shape the economy you live in and the opportunities available to you

If you are a working person trying to build generational wealth, politics is already in your portfolio Tax policy, inflation, student loans, healthcare premiums, rent prices, zoning laws it’s all political. And guess what? The less we pay attention, the more we pay in other ways I’ll keep writing about these things: understanding the game is the first step in winning it.

A Different Kind of Politics

Let me say this clearly: I’m not here to preach partisanship. I’m not red. I’m not blue. I’m Eric. I am a believer, a father, a husband, a businessman, a consultant, and a citizen I serve no party I serve truth, wisdom, and what works. My loyalty is to people and principles not platforms.

Politics has become a dirty word for many people because we’ve allowed it to become synonymous with corruption and division But that’s not politics’ fault that’s our fault We abandoned the space, and now we’re surprised when others fill it with nonsense. I say it’s time we took it back.

Let us return to a vision of politics that is not just about fighting for power but fighting for purpose. Politics is not just about elections but values about caring enough to speak up, show up, and shape the world we leave behind.

In This Magazine

That’s why every Faith, Family, and Finance issue will include stories and insights that intersect with political realities Not to stir up division but to stir up awareness Not to polarize but to prepare You’ll see it in articles about economic policy, public education, housing justice, financial equity, and the spiritual implications of legislation You’ll read commentary on how political decisions ripple through your faith, family, and finances whether you vote or not

This isn’t a political magazine. It’s a life magazine. But life is political. And if we’re going to live it fully, we need to understand how the systems around us work and how we can work within them to protect what matters most.

So, no, I’m not running from politics I’m running to it with my Bible in one hand, a calculator in the other, and my family right behind me.

HUD Seeks Feedback from Tribal Leaders on Burdensome Environmental Regulations

HUD Seeks Feedback from Tribal Leaders on Burdensome Environmental Regulations

WASHINGTON - The U S Department of Housing and Urban Development (HUD) Secretary Scott Turner instructed the Office of Public and Indian Housing (PIH) to request comments and feedback from Tribal leaders regarding burdensome environmental regulations and how HUD can reduce challenges associated with the environmental review process.

“HUD is working quickly to eliminate all burdensome regulations that cause inefficiencies and delays across the Department We are committed to a streamlined government and that begins with identifying where the waste, duplication, and delays occur. I look forward to the feedback and comments from our Tribal leaders who know their communities’ challenges better than anyone in Washington,” said Secretary Turner.

Consistent with President Trump’s Executive Order (EO) 14154, Unleashing American Energy, and the Council on Environmental Quality (CEQ)’s followed guidance, HUD intends to revise its regulations related to the National Environmental Policy Act (NEPA) and other environmental requirements following the comment and feedback period

The best week to list your house this year is just around the corner, and if you want to make the most of it, now’s the time to start prepping

With just a few weeks to go, I can help you focus on tasks that’ll make the biggest impact in the shortest time. What’s one thing you’d need to do before you’d feel ready to list?

Leveraging Market Duration in Negotiations: A Seller's Guide

when it comes to selling your home in Palm Springs, negotiation strategies can make or break a deal.

One underutilized yet powerful tool in a seller’s arsenal is the duration a property has been on the market By understanding and strategically leveraging the market duration, sellers can create favorable outcomes during negotiations, aligning with both personal objectives and current market trends.

Why Market Duration Matters

In the Palm Springs real estate market, where demand and supply can fluctuate significantly, the duration your property has been listed can send strong signals to potential buyers. Whether your home has been on the market for just a few days or several months, understanding how to use this information strategically can provide you with an edge during negotiations

As the market shifts, with some homes lingering longer due to higher interest rates and reduced affordability, buyers become more observant of listing durations Sellers who know how to frame this aspect of their property can turn what might seem like a disadvantage into a compelling negotiating point.

Conclusion: Making Market Duration Work for You

In the world of real estate, every detail counts, and market duration is no exception

Whether your property is fresh on the market or has been available for a while, understanding how to use this information to your advantage can lead to more successful negotiations By staying informed and flexible, sellers in Palm Springs can turn the market duration into a powerful tool, ensuring that both they and their buyers walk away satisfied.

How to Leverage Market Duration

If your property has been on the market for an extended period, it can be tempting to see this as a negative However, this duration can be reframed as a testament to your flexibility and willingness to negotiate Buyers may perceive a longer market duration as an opportunity to secure a better deal, which you can use to draw them into negotiations. For instance, by offering concessions like paying for closing costs or agreeing to a quicker closing timeline, you can make your listing more attractive

2. Align with Market Trends:

Understanding current market trends is crucial For instance, the Palm Springs market has seen a slight slowdown, with homes staying on the market longer due to economic factors like rising interest rates. By aligning your strategy with these trends, you can set realistic expectations for buyers. If the average days on the market have increased, emphasizing that your property’s duration aligns with these trends can reassure buyers that the listing is not stale but rather a reflection of broader market conditions

Knowledge 3. Frame as a Buyer Opportunity:

For homes that have just been listed, the urgency can be leveraged to create a sense of competition among buyers. A new listing in a market with limited inventory can be positioned as a rare opportunity. Conversely, for homes with longer durations, you can frame the extended time on the market as a benefit, indicating that the property has been well- maintained and carefully considered by many buyers, making it a trustworthy investment.

Sellers who are informed about their market conditions can significantly enhance their negotiation strategies. Understanding why some homes sell faster while others take longer helps in adjusting the listing price or offering incentives For example, properties that have been on the market for a longer time might need minor adjustments in pricing or additional marketing efforts to refresh interest.

In Palm Springs, where the market can shift due to seasonal factors and broader economic conditions, sellers who are proactive about using market duration to their advantage are more likely to achieve their desired outcomes. Knowing when to stand firm and when to offer concessions based on how long your property has been listed can make all the difference

Ready to sell your home in Palm Springs and maximize your negotiation potential? At Brandy Nelson Associates, we bring our vast real estate experience to the table, helping you navigate the market with confidence.

HUD Delivers Disaster Aid, Financial

Flexibility for Virginia Residents Impacted by Winter Storms and Flooding

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the availability of Federal disaster assistance to the Commonwealth of Virginia to supplement recovery efforts in the areas affected by severe winter storms and flooding from Feb. 10-18, 2025. President Trump issued a Major Disaster Declaration on April 4, 2025 for the Commonwealth of Virginia

“HUD is here to support Virginians as they rebuild their homes, communities, and businesses following the severe winter storms and flooding,” said Secretary Turner. “Disaster response is a foundational part of our mission-minded approach to serving American communities as they work to rebuild.”

“I am grateful to President Trump and the entire Administration for approving federal disaster assistance for the Commonwealth of Virginia. These resources aid recovery efforts in the areas of Southwest Virginia affected by Hurricane Helene last fall along with the severe flooding brought on by February’s winter storms,” said Governor Glenn Youngkin. “Thank you to Secretary Turner and his team for their strong partnership supporting Virginians adversely impacted by these storms ”

“Parts of Southwest Virginia faced intense flooding during a wave of February winter storms. The resulting damage to businesses and homes impacted many people in Southwest Virginia who were in the middle of recovering from Hurricane Helene. Secretary Turner’s announcement to extend natural disaster aid and financial flexibility resources to Southwest Virginia will help our communities access vital recovery services,” said U.S. Representative Morgan Griffith (VA-09).

Effective immediately HUD is:

Providing financial flexibility- A 90-day moratorium is issued on foreclosures of mortgages insured by the Federal Housing Administration (FHA). There is also a 90-day extension granted automatically for Home Equity Conversion Mortgages. The moratorium and extension are effective as of the President’s disaster declaration date. Homeowners affected by the disaster should contact their mortgage or loan servicer immediately for assistance. Conventional mortgage holders may also be eligible for additional relief through their mortgage holder. Call the FHA Resource Center at 1-800-304-9320 for additional information. To learn more about disaster relief options for FHA homeowners visit the FHA Disaster Relief site

Making mortgage insurance available - When homes are destroyed or damaged to an extent that required reconstruction or complete replacement, HUD’s Section 203(h) program provides FHA insurance to disaster victims Borrowers from participating FHA- approved lenders are eligible for 100 percent financing including closing costs. Making financing available for both mortgage and home rehabilitation - HUD’s Section 203(k) loan program enables individuals to finance the purchase or refinance of a house, along with its repair, through a single mortgage. Homeowners can also finance the rehabilitation of their existing homes if damaged.

Sharing information on housing providers and HUD programs - Information will be shared with FEMA and the State on housing providers that may have available units in the impacted counties, including Public Housing Agencies and Multi-Family owners. The Department will also connect FEMA and the State to subject matter experts to provide information on HUD programs and providers.

Providing flexibility to Public Housing Agencies ;- Public Housing Agencies can apply for needed waivers and flexibilities for disaster relief and recovery. For detailed information on applying for a waiver,aclick here for the latest Federal Register Disaster Relief Notice guidance. The Department also released PIH Notice 2021-34, which advises the public of HUD’s expedited process for waivers and flexibilities from HUD regulatory and administrative requirements for various Public Housing and Voucher Programs As a reminder, to be eligible to receive a disaster waiver, the PHA must be located in an active Presidentially declared Major Disaster Declaration area and submitted within four months of an MDD.

Providing flexibility to Community Planning and Development Grantees - Recipients of Community Development Block Grant (CDBG) Program, Housing Opportunities for Persons With AIDS/HIV (HOPWA) Program, Continuum of Care (CoC) Program, Emergency Solutions Grants (ESG) Program, HOME Investment Partnerships Program, and Housing Trust Fund (HTF) Program funds can apply for needed administrative flexibility in response to Presidentially Declared Major Disaster for Virginia (DR-4863-VA). For more information on applying for a waiver or suspension of program requirements, contact the Richmond, VA Community Planning and Development (CPD) Field Office here. Ensuring HUD-approved housing counseling agencies are ready to assist - HUD-approved housing counseling agencies have counselors available to assist those impacted by natural disasters to determine assistance needs and available resources. Find a HUD-approved housing counseling agency online or use our telephone look-up tool by calling 1-800-5694287 Telephone look-up includes access to information in more than 200 different languages. You do not have to have an FHA-insured mortgage to meet with a HUD-approved housing counseling agency. There is never a fee for foreclosure prevention counseling. Assisting with housing discrimination - Housing discrimination can occur when people attempt to find and access housing following a disaster. HUD’s Office of Fair Housing and Equal Opportunity is available to assist people who believe they have experienced housing discrimination. If you think your rights have been violated, you should file a fair housing complaint with HUD. You can file a complaint by calling HUD at 1-800-669-9777 or visiting

How to File a Complaint on HUD’s website. Individuals who are deaf or hard of hearing may contact the Department using the Federal Relay Service at 1-800-877-8339. HUD may not help you if your complaint is filed more than one year after the last discriminatory act. You may also be able to file a complaint with a state or local fair housing agency A list of the State and local fair housing agencies funded by HUD is available on HUD’s website here.

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Understanding Disclosure Obligations in "As Is" Property Sales

hen buying a property sold "as is," it’s vital to understand the disclosure obligations of the seller. An "as is" sale means the buyer agrees to purchase the

However, this does not exempt the seller from their legal responsibility to disclose known material defects that could affect the property's value or desirability. Understanding these obligations is critical to ensure a smooth and transparent transaction for both buyers and sellers.

Seller's Disclosure Obligations

In an "as is" transaction, sellers must disclose known material facts that could impact a buyer’s decision to proceed with the purchase. These disclosures typically include issues such as structural damage, faulty plumbing or electrical systems, roof leaks, or the presence of mold or hazardous materials Failure to disclose such information even in an "as is" sale can lead to legal consequences, including claims of misrepresentation or fraud.

It’s important to note that disclosure laws vary by location, but sellers are generally required to provide a standardized disclosure form outlining any known defects. This legal safeguard ensures buyers are informed about the property's condition, enabling them to make educated decisions

Common Pitfalls in "As Is" Sales

A common misconception among sellers is that selling a property "as is" eliminates the need for disclosures. This is not true. Sellers must still disclose known defects, and failing to do so can result in lawsuits.

For buyers, one pitfall is assuming that purchasing an "as is" property means they have no recourse if undisclosed problems are discovered later. If a seller intentionally withholds information about a defect, the buyer may have grounds to pursue legal action. This makes understanding the legal framework of disclosures critical in these transactions.

Protecting Yourself as a Buyer

Buyers must exercise due diligence when considering an "as is" property. This begins with hiring a professional home inspector to thoroughly evaluate the property’s condition Review the seller’s disclosures carefully, and don’t hesitate to ask questions about any concerns.

Buyers should also consider purchasing owner’s title insurance, which protects against potential title issues that might not be apparent during the sale process Additionally, consulting with a real estate attorney can help ensure all legal bases are covered.

Conclusion

While "as is" property sales may seem straightforward, disclosure obligations remain a critical aspect of the process. Sellers must be transparent about known defects, and buyers must approach these transactions with caution and diligence By understanding these responsibilities, both parties can avoid disputes and ensure a fair and successful deal.

Did you know? Pre-approval from a lender is one of the first steps you’ll want to take if you’re looking to buy a home.

That’s when a lender will tell you what you’ll be able to borrow for your home loan – and that information is really important to get before you even start looking at houses.

If you’re eager to start your home search, trust me, it’s worth it to get pre-approved first. Reach out to a lender to get that process started.

(714) 475-8629

Are you thinking about buying your first home? Chances are at least some of these questions have crossed your mind.

But here’s the thing every first-time buyer has these thoughts. And the truth is, most of them aren’t even issues. With the right plan and the right pro to help you along the way, you can take control.

What’s your biggest fear about buying a home? Drop it in the comments and I’ll give you some perspective to ease that worry for you.

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The Influence of International Buyers on the Palm Springs Market

TThe Palm Springs real estate market has long been a magnet for international buyers, whose investments have significantly influenced local property dynamics

Understanding the trends, challenges, and opportunities associated with global investment is crucial for residents and stakeholders in the area.

Introduction

Nestled in the Coachella Valley, Palm Springs is renowned for its stunning landscapes, favorable climate, and vibrant cultural scene These attributes have not only attracted domestic buyers but also piqued the interest of international investors seeking vacation homes, rental properties, or secure real estate investments. The influx of foreign capital has played a pivotal role in shaping the local housing market, influencing property values, availability, and community demographics This article explores the impact of international buyers on Palm Springs' real estate, highlighting current trends, potential challenges, and emerging opportunities.

Trends in International Investment

International buyers have consistently contributed to the Palm Springs real estate market Notably, Canadian investors have been prominent, drawn by the region's appealing climate and lifestyle. According to data, foreign buyers, largely from Canada, represent 14% of remote owners in the area Additionally, a significant portion of remote owners, approximately 67 8%, come from other California cities, with the state closest in sales to California being Washington at 6%.

The preference among international buyers often leans towards attached homes, with 73.6% of such properties being remotely owned. This trend underscores the appeal of low-maintenance properties that can serve as vacation homes or rental investments

Challenges Faced by International Buyers

Despite the allure of Palm Springs, international buyers encounter several challenges:

Currency Fluctuations: Variations in exchange rates can affect purchasing power, making real estate investments more expensive or less predictable. Regulatory Hurdles: Navigating local real estate laws, taxation policies, and ownership regulations requires due diligence and often professional assistance.

Market Dynamics: The Palm Springs real estate market has shown signs of cooling, with average home prices dropping 9% compared to the previous year This shift towards a buyer's market, characterized by increased inventory and longer selling times, can influence investment decisions.

Challenges Faced by International Buyers

Despite these challenges, Palm Springs offers several opportunities:

Favorable Market Conditions: The recent cooling of the market, indicated by a 9% drop in average home prices, presents potential bargains for buyers ready to invest.

Rental Income Potential: The city's popularity as a tourist destination ensures a steady demand for short-term rentals, providing a lucrative income stream for property owners.

Long-Term Appreciation: Despite short-term fluctuations, Palm Springs' real estate has historically appreciated, offering potential long-term gains.

Conclusion

International buyers have undeniably left an indelible mark on Palm Springs' real estate landscape. Their investments have contributed to the area's growth and diversity, shaping market trends and property values. While challenges exist, the opportunities presented by the current market dynamics make Palm Springs an attractive destination for global investors. For residents and stakeholders, staying informed about these influences is essential to navigate and thrive in the evolving real estate environment.

ICYMI | Secretary Turner Shares HUD’s Mission-Minded Achievements in President Trump’s First 100 Days

WASHINGTON – In a series of media appearances and opinion pieces across leading local and national outlets, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner showcased the department’s achievements during the first 100 days of the Trump administration. Secretary Turner emphasized HUD’s renewed focus on its core mission, delivering real results for the American people and outlining a bold vision to better serve families, individuals, and communities across the country.

Read the highlights below or watch Secretary Turner’s First 100 Days accomplishment video here: 100 Days of Restoring the American Dream Under President Donald J. Trump .

While we’re still below pre-pandemic inventory levels, the number of homes with a for-sale sign in the yard is going up by the day. And breathe a little sigh of relief, because they’re taking a few days longer to sell, too

Not only does that give you more choices when you move, it means you have more time to make thoughtful decisions while you’re at it And oh, by the way –there will be demand for your house when you move because buyers are heating up right now Win Win So, if you pressed pause on your search last year because you couldn’t find the right fit, this could be your moment to start looking again.

What will it take to reignite your home search? Let me know, and we’ll make it a priority.

Assessing Long-Term Value: What Makes a Property Appreciate?

nderstanding the factors that contribute to property appreciation is essential for homeowners and investors aiming to maximize long-term value. While the real estate market is influenced by various elements, key drivers such as location, market trends, and property improvements play pivotal roles in determining a property's appreciation over time.

Location: The Cornerstone of Property Value

The adage "location, location, location" holds significant truth in real estate. A property's geographical position greatly influences its value and potential for appreciation. Proximity to quality schools, for instance, is a major consideration for many buyers. Homes situated near reputable educational institutions often command higher prices due to the demand from families seeking excellent education opportunities. Additionally, access to amenities such as parks, shopping centers, and healthcare facilities enhances a property's desirability. Conversely, properties located in areas with high crime rates or lacking essential services may experience slower appreciation or even depreciation.

Market Trends: The Influence of Supply and Demand

Market dynamics, particularly the balance between supply and demand, significantly impact property values. In regions where demand outpaces supply, property values tend to rise. For example, areas experiencing job growth attract more residents, increasing the demand for housing and driving up prices. Conversely, an oversupply of homes can lead to stagnation or decline in property values. Staying informed about local economic developments, employment opportunities, and population growth trends can provide valuable insights into potential property appreciation.

Property Improvements: Enhancing Value Through Upgrades

Investing in property improvements is a tangible way to boost a property's value Upgrades that enhance functionality, aesthetic appeal, or energy efficiency can make a property more attractive to buyers. Renovations such as modernizing kitchens and bathrooms, adding energy-efficient windows, or improving landscaping not only increase immediate value but also contribute to long-term appreciation. However, it's crucial to consider the cost of improvements relative to the expected increase in property value to ensure a favorable return on investment.

Environmental Factors: The Impact of Climate Risks

Environmental considerations are becoming increasingly important in property valuation. Areas prone to natural disasters such as wildfires, floods, or hurricanes may see a negative impact on property values For instance, regions experiencing frequent wildfires have faced challenges in maintaining property values due to increased insurance costs and potential risks. Homeowners and investors should assess environmental risks and consider mitigation measures to protect property value

Conclusion

Assessing long-term property appreciation requires a comprehensive understanding of various influencing factors. Location remains a fundamental determinant, with proximity to quality schools, amenities, and safe neighborhoods enhancing value Market trends driven by supply and demand dynamics also play a critical role, as does the strategic implementation of property improvements. Additionally, environmental factors and climate risks are increasingly impacting property values, underscoring the importance of thorough due diligence. By considering these elements, homeowners and investors can make informed decisions to foster property appreciation over time.

Navigating the complexities of property appreciation requires expertise and local market knowledge. At Brandy Nelson Associates, we specialize in providing personalized real estate guidance to help you make informed investment decisions. Whether you're looking to buy, sell, or invest, our team is here to assist you every step of the way. Contact us today at (760) 238-0552 or email brandy@brandynelson.com to schedule a consultation. Visit our website at https://brandynelson.com/ for more information. Let's work together to achieve your real estate goals.

The Importance The Importance of Landscaping of Landscaping Choices in Choices in Enhancing Enhancing Property Property Appeal Appeal

n today's competitive real estate market, the exterior appearance of a property plays a pivotal role in attracting potential buyers and enhancing market value Thoughtful landscaping not only boosts curb appeal but also contributes to the property's overall functionality and sustainability. As climate considerations become increasingly important, integrating climate adaptation strategies into landscaping and property development is essential for long-term value and resilience

The Impact of Landscaping on Property Value

First impressions are crucial in real estate transactions. A well-maintained and aesthetically pleasing landscape can significantly increase a property's perceived value According to real estate experts, properties with attractive landscaping can see an increase in value by up to 20%.

Elements such as healthy lawns, colorful flower beds, and neatly trimmed hedges create an inviting atmosphere that appeals to potential buyers.

Beyond aesthetics, functional outdoor spaces add tangible value Features like patios, decks, and garden seating areas extend living spaces, offering areas for relaxation and entertainment. Incorporating native plants and sustainable practices not only reduces maintenance costs but also appeals to environmentally conscious buyers. For instance, using drought-resistant plants in arid regions conserves water and aligns with sustainable living practices.

Climate Adaptation Strategies in Property Development

As climate change impacts become more pronounced, integrating climate adaptation strategies into property development is imperative. Housing plays a frontline role in addressing climate challenges, with the residential sector accounting for a significant portion of global greenhouse gas emissions Implementing energy-efficient designs, utilizing sustainable materials, and incorporating green spaces are essential steps in creating resilient communities.

Incorporating natural elements like trees and shrubs can provide shade, reducing reliance on air conditioning and lowering energy costs. Additionally, green roofs and walls can improve insulation and manage stormwater runoff, mitigating the effects of heavy rainfall and reducing the urban heat island effect. These strategies not only enhance the property's resilience to climate impacts but also contribute to the well-being of its occupants.

Balancing Heritage and Climate Adaptation

Incorporating climate adaptation measures can sometimes conflict with heritage preservation efforts. For example, in Paris, the installation of shutters a cost-effective cooling measure faces resistance due to heritage concerns Balancing the need for climate resilience with the preservation of historical aesthetics requires thoughtful planning and collaboration between stakeholders.

Thoughtful landscaping and the integration of climate adaptation strategies are essential components in enhancing property appeal and market value. By creating aesthetically pleasing and functional outdoor spaces, property owners can attract potential buyers and achieve higher returns on investment. Moreover, adopting sustainable practices and resilient designs ensures that properties remain valuable and livable in the face of changing climate conditions. As the real estate market evolves, prioritizing these elements will be key to meeting the demands of modern buyers and building sustainable communities.

Transform your property into a buyer’s dream with expert real estate guidance from Brandy Nelson Associates. Whether you're selling or buying, our team specializes in maximizing property appeal and market value through proven strategies Ready to make the most of your investment? Contact us today to discuss how we can help you achieve your real estate goals.

Understanding How Climate Adaptation Strategies Are Influencing

New

Developments

IIn recent years, the real estate sector has increasingly recognized the imperative of integrating climate adaptation strategies into new developments. This shift is not merely a response to environmental concerns but also a strategic move to enhance property resilience, reduce operational costs, and meet the growing demand for sustainable living.

A notable example of this trend is observed in Palm Springs, where developers are proactively incorporating sustainable designs, water conservation measures, and energy-efficient technologies into their projects

Sustainable Designs: Building for the Future

Sustainable design is at the forefront of modern real estate development. In Palm Springs, developers are embracing architectural practices that minimize environmental impact while maximizing efficiency and comfort. This includes the use of locally sourced and renewable materials, such as bamboo and recycled wood, which have lower embodied energy than traditional construction materials. Additionally, energy-efficient materials like low-emissivity glass and advanced insulation are becoming standard, reducing the need for artificial heating and cooling. These practices not only contribute to environmental preservation but also result in long-term cost savings for property owners.

Water Conservation: A Precious Resource

Water scarcity is a pressing issue, particularly in arid regions like Palm Springs. To address this, developers are implementing innovative water conservation techniques. Rainwater harvesting systems capture and store rainwater for non-potable uses such as irrigation and toilet flushing, significantly reducing reliance on municipal water supplies. Low-flow fixtures, including faucets and showerheads, are installed to decrease water consumption without compromising functionality. Moreover, greywater recycling systems treat and reuse water from sinks and showers for landscaping purposes, promoting sustainable water use throughout the development.

Energy-Efficient Technologies: Powering Sustainable Living

The integration of energy-efficient technologies is transforming the real estate landscape. In Palm Springs, developers are incorporating renewable energy sources, such as solar panels, to power homes and communal areas. For instance, Babcock Ranch, a solar-powered community, utilizes an 880-acre solar field to meet its energy needs, showcasing the potential of renewable energy in residential developments. Additionally, energy-efficient lighting systems, like LED fixtures, and smart home technologies that optimize energy consumption are becoming commonplace. These advancements not only reduce the carbon footprint of properties but also offer residents significant savings on energy bills

The incorporation of climate adaptation strategies in real estate development is no longer a niche consideration but a mainstream necessity. By adopting sustainable designs, implementing water conservation measures, and integrating energy-efficient technologies, developers in Palm Springs are setting a benchmark for future projects These practices not only address environmental challenges but also enhance property value and appeal to the growing segment of eco-conscious consumers. As the real estate market continues to evolve, embracing these strategies will be crucial in building resilient, sustainable communities.

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Are you interested in exploring properties that prioritize sustainability and resilience? At Brandy Nelson Associates, we specialize in connecting clients with developments that incorporate cutting-edge climate adaptation strategies

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HUD Provides $1.8 Million to Support Youth Aging Out of Foster Care on Anniversary of First Lady Melania Trump’s BE BEST Initiative

The announcement is part of National Foster Care Month and continues HUD’s successful Foster Youth to Independence (FYI) program.

WASHINGTON - U S Department of Housing and Urban Development (HUD) Secretary Scott Turner, in collaboration with First Lady of the United States Melania Trump, today announced a $1 8 million dollar investment in HUD’s Foster Youth to Independence (FYI) program to assist more than 100 young Americans aging out of the foster care system with temporary, supportive funding to prevent homelessness for a duration of 36 months In alignment with President Trump’s proclamation of May as National Foster Care Month, the FYI program offers housing vouchers to local public housing authorities (PHAs) for young adults under the age of 25 who are in, or have recently left, the foster care system

“I am proud to partner with Secretary Turner and the HUD team to provide individuals from within the foster care community with the security of having a home as they age out of the foster care system Today’s investment will prove to play a critical role in keeping these individuals on track to achieve autonomy in a dignified and safe way,” said First Lady Melania Trump.

“The FYI program is game changing to provide young adults with access to short-term housing assistance and supportive services to prevent homelessness We’ve seen example after example where this short-term housing and support is all many recipients need before launching into educational success, building a family of their own, and achieving self-sufficiency,” said Secretary Turner. “The FYI program embodies the principle that one’s circumstances should not dictate their success in life. I am so appreciative of the First Lady for her commitment to helping our nation’s foster youth through her BE BEST initiative and championing public-private partnerships that are changing lives every day ”

The U.S. Department of Health and Human Services (HHS) estimates that more than 20,000 young people age out of foster care each year The National Center for Housing and Child Welfare (NCHCW) estimates that approximately 25 percent of these young people experience homelessness within four years of leaving foster care, and an even higher share are precariously housed.

and an even higher share are precariously housed.

State | Public Housing Authority | City | Amount | Vouchers

California | Housing Authority of the County of Marin | Marin, CA | $55,800 | 2

California | County of Sonoma | Santa Rosa, CA | $291,594 | 18

California | Orange County Housing Authority | Santa Ana, CA | $495,228 | 25

Montana | Butte Housing Authority | Butte, MT | $28,815 | 4

New Hampshire | Nashua Housing Authority | Nashua, NH | $31,141 | 2

North Carolina | Wilson Housing Authority | Wilson, NC | $6,796 | 1

Ohio | Cincinnati Metropolitan Housing Authority | Cincinnati, OH | $220,868 | 22

Ohio | Portage Metropolitan Housing Authority | Ravenna, OH | $7,475 | 1

Pennsylvania | Montgomery County Housing Authority | Norristown, PA | $245,606 | 15

Tennessee | Metropolitan Development and Housing Agency | Nashville, TN | $298,620 | 25

Texas | Housing Authority of Port Arthur | Port Arthur, TX | $38,169 | 4

Texas | Denton Housing Authority | Denton, TX | $29,987 | 2

Virginia | Lynchburg Redevelopment and Housing Authority | Lynchburg, VA | $43,640 | 5

Washington | Housing Authority of Chelan County and the City of Wenatchee | Wenatchee, WA | $20,246 | 2

West Virginia | The City of Fairmont Housing Authority | Fairmont, WV | $37,605 | 5

| | TOTAL | $1,851,590 | 133

About First Lady Melania Trump’s BE BEST

Launched by Mrs. Trump in 2018, BE BEST is dedicated to promoting the well-being of children with a renewed emphasis on supporting foster youth through initiatives like Fostering the Future

Continuing into the Trump Administration’s second term, Mrs. Trump’s focus remains on achieving substantive and lasting outcomes that directly improve the lives of current and future generations of children and youth.

Mortgage rates have been extra volatile lately. That may have you questioning if you want to move forward with your move right now with all the uncertainty.

But rather than trying to time the market, focus on what you can actually control

You can’t control what rates are doing or when they’ll come down. But that doesn’t mean you’re powerless.

To get the best rate possible for today’s market, work on improving your credit score, being intentional with what loan type you choose, and considering what loan term gives you the lowest rate.

If you want to explore what’s possible, connect with a trusted lender.

Do you have a move on your mind? You should know studies show the best months of the year to sell your house are April and May.

That's because that’s when buyers are most active.

Right now, we’re in that ideal selling window And listing your house today could mean a higher profit, and that it sells quickly. With this being the prime time to sell, what’s holding you back from making your move this spring? And what would help you feel ready? Message me and let’s talk about it

Why Today’s Foreclosure Numbers Aren’t a Warning Sign

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market. Some people are even questioning whether more homeowners will struggle to make their mortgage payments, ultimately leading to a wave of foreclosures. And recent data showing foreclosure filings have increased is only feeding into this fear But don’t let that scare you

If you put the latest data into context, it’s clear there’s no reason to think this is a repeat of the last housing crash.

This Isn’t Like 2008

While it’s true that foreclosure filings ticked up in the latest quarterly report from ATTOM, they’re still lower than the norm – and way below levels seen during the crash. And it’s a lot easier to see if you graph that out.

If you compare Q1 2025 (on the right side of the graph) to what happened in the years surrounding the 2008 crash (shown in red), it’s clear the market is in a completely different place (see graph below):

Back then, risky lending practices left homeowners with mortgages they couldn’t afford. That led to a wave of foreclosures, which flooded the market with distressed properties, a surplus of inventory, and caused home prices to drop dramatically

Today, lending standards are much stronger, and most homeowners are in a much better financial position. That’s why filings are so much lower this time.

And just in case you’re looking at 2020 and 2021 and thinking we’ve ramped up since then, here’s what you need to know During those years, there was a moratorium designed to help millions of homeowners avoid foreclosure in challenging times That’s why the numbers for just a few years ago were so incredibly low.

So don’t compare today to that low point. If you look at more normal years like 20172019, overall foreclosure filings are actually down from what’s typical – and way down from the volume during the crash

Of course, no one wants to go through the process of foreclosure And the recent increase is emotional because it’s real lives that are impacted – let's not discount that. It’s just that, as a whole, this isn’t a signal of trouble in the market.

Why We Haven’t Seen a Big Surge in Foreclosures

And here's something else to reassure you: homeowner equity Over the past few years, home prices have risen significantly That means today’s homeowners have built up a solid financial cushion As Rob Barber, CEO at ATTOM

“While levels remain below historical averages, the quarterly growth suggests that some homeowners may be starting to feel the pressure of ongoing economic challenges. However, strong home equity positions in many markets continue to help buffer against a more significant spike . . . ”

Basically, if someone falls on hard times and can’t make their mortgage payments, they may be able to sell their home instead of going into foreclosure. That’s a huge contrast to 2008, when many people owed more than their homes were worth and had no choice but to walk away.

Don’t discount the strong equity footing most homeowners have today As Rick Sharga Founder and CEO of CJ Patrick Company, explains in a recent Forbes article: “ a significant factor contributing to today’s comparatively low levels of foreclosure activity is that homeowners—including those in foreclosure—possess an unprecedented amount of home equity.”

Bottom Line

Even with the recent increase, foreclosure numbers are not at the levels seen during the 2008 crash Plus, most homeowners today are in a much stronger equity position, even with rising costs.

If you are a homeowner who’s facing hardship, talk to your mortgage provider to explore your options.

Paused Your Moving Plans? Here’s Why It’s Time To Hit Play Again

It’s not really a surprise that 70% of buyers paused their home search last year Maybe you were one of them And if so, no judgment Conditions just weren’t great Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made it really hard to find a home you loved – and could afford. And why sell if you’re not sure where you’re going to go?

But here’s the thing: the market’s shifting And it might be time to hit play again The Inventory Sweet Spot

More homeowners are jumping back into their search to make a move this year. Builders are finishing more homes And together, that’s creating more options for you when you move – maybe even the home you’ve been waiting for

More homes = more possibilities.

But there’s more to it than that When you sell, you don’t want to feel like it’s impossible to find your next home At the same time, you also don’t want inventory to be so high, it takes ages for your house to sell. Right now, you’ll get the best of both worlds. This data will help paint the picture for you. According to Realtor.com, inventory has jumped 28.5% since this time last year, but it’s still below pre-pandemic levels in most markets – and here’s why this is such a sweet spot (see graph NEXT):

Basically, there are more homes to choose from when you make your move, but not so many that you’ll struggle to sell your current house Your home should sell quickly if you work with an agent to make sure it’s priced right and prepped to impress.

More options. Less chaos. Solid demand: That’s the real sweet spot.

But here’s something else to consider. Data from Realtor.com also shows inventory has been on the rise for 17 straight months And experts agree it’s likely to continue climbing throughout the year As Lance Lambert, Co-Founder of ResiClub explains:

“The fact that inventory is rising year-over-year . . . strongly suggests that national active housing inventory for sale is likely to end the year higher.” So, this may actually be the best time to sell. Your house may stand out more now than it would as the year goes on and inventory grows even more Wait too long, and you may be one of many trying to stand out later this year

Bottom Line

If you’ve been waiting for the housing market to give you a sign – it just did Whether you’re looking to move up, scale down, or relocate completely, this might be the best balance we’ve seen in a while

What’s holding you back from taking advantage of this sweet spot? Let’s talk through it and see what’s possible

Did you take your house off the market late last year? If so, it’s time to reassess.

Buyer activity is already picking up heading into the peak homebuying season this spring. So, now’s the time to talk to your agent about putting it back on the market with a fresh strategy – better pricing, stronger marketing, and a plan that gets results.

What would you want to do differently this time around?

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What Is My HomeWorth?

A Straightforward Guide Every Seller Should Read Before Listing

Comparable

Common Pricing Mistakes to Avoid Overpricing based on emotion

Ignoring your agent’s advice

Listing to “test the market”

Assuming upgrades always increase value

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