David Deem 714-997-3486 Dave@DeemTeam.com


If you own a house, you need homeowners insurance to pay for repairs or stolen belongings. Many people believe that homeowners insurance will cover any necessary repairs, but it actually applies only in limited circumstances. A home warranty can provide protection in other cases. 

What Does Homeowners Insurance Cover?
Homeowners insurance will pay for losses caused by a covered peril, such as a storm, fire, theft or vandalism, up to the policy’s limits. Depending on the coverage you choose, your policy may cover replacement cost, which is the amount of money required to purchase a new identical or substantially similar item, or actual cash value, which takes depreciation into account.

What Does a Home Warranty Cover?
A home warranty is not insurance, but rather a contract that a homeowner signs with a home warranty company. It will pay to repair or replace a broken appliance that is not covered by a separate manufacturer’s warranty. 

A home warranty m…

David Deem 714-997-3486 Dave@DeemTeam.com

Johnny Depp’s bathroom goes wild with an African inspired animal design wallpaper. And the walls of supermodel Kate Moss’s lavish home are covered with custom de Gournay wallpapers, some in designs she helped create.

Clearly, these are not your Grandma’s wallpapers. They are part of today’s amazing collections that can cost hundreds of dollars per roll. But make no mistake, wallpaper is making a comeback and it just may have a place in your décor.

Wallpaper is being used in bold patterns to accent one wall or add personality to an entire room. It’s being used in solid hues to add texture as well as color, and it’s being used in complementary two-pattern panels to create a DIY headboard in the bedroom.

At an average of $1 - $4 per square foot, with about 35 square feet per roll, wallpaper is more costly than paint—and unless you’re a DIYer, it can cost a few hundred dollars to install. But, say decorators, it offers a freedom of expression that is ne…

David Deem 714-997-3486 Dave@DeemTeam.com

By Jameson Doris
VA loans are having a record 2020. Although the process of obtaining one has slowed in some areas of the country, demand has never been higher. According to mortgage lender Veterans United Home Loans, the VA loan program backed more than 865,000 loans so far this year.

The previous record was set in 2017, when the VA loan program backed some 740,386 loans. This year, that number has been surpassed dramatically, as we're not even through Q3.

"Veterans and military members across the country are capitalizing on historically low interest rates and turning to their home loan benefit in record numbers," Chris Birk, director of education at Veterans United Home Loans, tells Housecall. "This is already the biggest year in the loan program's history."

For veterans with stable income and employment, this has been a remarkable window to buy, to tap into equity or to lock down lower housing costs, according to Birk.

A…

David Deem 714-997-3486 Dave@DeemTeam.com

As fall approaches, the real estate markets typically slow. That's not the case, however, for today's markets, which are seeing a frenzy of buyer activity and multiple-offer scenarios driven by a lack of inventory.

According to realtor.com®'s August Monthly Housing Trends report, available inventory declined 36 percent in August year-over-year, with new listings down 12 percent YoY. At the end of August, there were almost 500,000 fewer homes for sale on the market compared to last year.

"It's difficult to imagine that the housing market will be able to sustain the frenzied demand we are currently experiencing, but we have yet to see any signs of slowing," said Danielle Hale, realtor.com® chief economist. "Buyer traffic on realtor.com® is outpacing the record levels we saw earlier this year, suggesting that demand will continue to exceed the number of available homes for sale. Although demand is much more intense than …

David Deem 714-997-3486 Dave@DeemTeam.com


By Anita GinsburgYour home's foundation must remain stable and secure because it literally supports the entire structure and all of its occupants. Luckily, most foundations, if built effectively, can last decades.Over time or due to major storm damage, though, a foundation may begin to show evidence of a damage. Here are four signs that your foundation may be in trouble:SinkingIf you notice that your floor seems to be uneven, or if it has sunk lower than before, a serious problem may be developing in the foundation. As ground settles due to factors like soil erosion, weather elements and moisture drainage, a home's foundation may be impacted to the point of sinking deeper in places. Over time, this can cause major damage to the foundation, which will then cause a domino effect that could impact the home's entire structure. Contact a foundation repair expert for a professional assessment.SaggingSagging may be due to ground conditions o…

David Deem 714-997-3486 Dave@DeemTeam.com



One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right.ShowingTime, a leading showing software and market stat service provider for the residential real estate industry, just reported on their latest the ShowingTime Showing Index:“Home buyer traffic jumped again in July, recording a 60.7 percent year-over-year increase in nationwide showing activity.”That means there are 60% more buyers setting appointments to see homes than there were at this same time last year. The number of potential purchasers was also up dramatically in every region of the country:The Northeast was up 76.6%The West was up 56.7%The Midwest was up 52.1%The South was up 46.7%The Housin…