There's no Better Time to Buy an Affordable Home in the San Gabriel Valley

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.

 

If you're looking to buy a home in the San Gabriel Valley, you need to know what you can afford and when is the best time to buy a home, given market conditions. If you're looking at the market and asking, "what should I do, is now the time to buy?" - we're here to help.

While interest rates remain at their lowest, we're seeing home prices continue to rise. According to a report from the National Association of Realtors, to buy an average property at median home price you need an income of $125,000 to qualify. Forecasters predict this to continue indefinitely, which means now is the time to buy if you're worried about finding an affordable home that suits your needs. Whether it's investment property, a home, or a vacation home, you need to enter the market in order to avoid higher prices in the future.

If you're worried about your credit or think you need to save more money, give us a call and we'll help you develop a plan so you can buy a home before prices rise even more. There are many programs out there that can make the process more affordable for people with limited means. Reach out to us and we'll assist you with all your real estate needs.

Why a Foreclosure Doesn't Mean your Home Ownership Dreams are Over

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.

If you have ever gone through a home foreclosure, you know how difficult of a situation it can be. Losing your home is not an easy thing to go through, and it may make you question whether you will be able to be a homeowner again.

I have invited back Rick Mount, an experienced mortgage professional, to let you know how you can get back into the San Gabriel Valley market after your home is foreclosed on. Here are some highlights from Rick's time with us. There is some really great information here!

• The market is really beginning to open up. After we went through the great credit crisis a few years back, there was an abundance of foreclosures, bankruptcies, and short sales in the San Gabriel Valley market. A lot of people are dealing with situations that have impacted their credit in a way that doesn't allow them to qualify.
• There are some exciting new programs being brought out through the Federal Housing Agency to help first time buyers as well as previous foreclosed home owners.
• If you have had a foreclosure or short sale, by using FHA financing you may be able to qualify for a mortgage loan only a year after your home is foreclosed on.

We really want people to be aware that it is very possible for them to qualify for this type of loan. The San Gabriel Valley market is still hot this time of year, with low rates that are expected to rise. If you or somebody you know have had a foreclosure or short sale, we can help you get back into a home today. Let us look at you individually to see if we can help create your path back to home ownership. 

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!