San Gabriel Valley Real Estate Update June 2014



There are many San Gabriel Valley area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Payment Calculator so you know what buyers will pay for your home in today's market. You may also call me at (626) 914-6859 for a FREE home buying or selling consultation to answer any of your real estate questions.

The San Gabriel Valley real estate market is always changing. It can be difficult to stay on top of things in this dynamic marketplace, so I have brought in Rick from VIP Mortgage to discuss some of the latest market trends.

There are many things going on in the real estate market right now. Interest rates have continued to remain very low and have come down even more over the last 30-60 days. This movement has helped increase the refinancing of homes in the area.

Homes are also continuing to appreciate at a very high rate, giving homeowners more and more equity and buying power. This is causing a slow increase in the number of home sales in San Gabriel Valley. As a result, more and more families are looking for better options for a long term home.

Market experts are predicting a dramatic increase in mortgage rates by the end of the year, so it's important to take advantage of these historic lows now. Given the recent appreciation rates as well as the fact that mortgage financing rates are very low, now is the best time to act if you are thinking of selling your home and moving into a new one. You may find that if you wait any longer, those interest rates will start to increase too much and you won't be able to afford your ideal home.

Please remember to call with any questions you may have to (626)914-6859. Let us help you qualify today so you don't regret it later on!

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