4 WAYS EMOTIONS CAN INTERFERE WITH HOUSE HUNTING

Buying a home is an exciting, emotional, and stressful project. Whether you have purchased a home before or are preparing to buy your first one, you don’t want to let your emotions make the decision for you. The following are pitfalls that can be costly, and you’ll want to avoid them.

1. Love at First Sight
Don’t fall in love with the first house you see and determine to buy it no matter what. You could end up overpaying for the property. Or, after the sale, you may discover costly repairs that will negate any profit from a future resale. Many real estate agents insist their clients look at a few houses before entering into a contract because they have witnessed buyer remorse when clients insist on buying the first or second home they see.

2. Always Looking for a Better Deal
These buyers are just the opposite of the love-at-first-sight crowd. They think there is always a better deal than the one they just saw, or they hope the price will drop on some of the homes they have liked. While it is possible, it is highly unlikely. If you pass up a good deal just because you think the owner is going to drop the price later on, you are giving another buyer the chance to snatch it up. If a home has all you want, is in the right neighborhood, and is priced well, you better buy it before it’s gone.

3. Paying Too Much for the “Perfect” Home
It is highly unlikely there is any such thing as a perfect home, but sometimes buyers believe they have found one. When this happens the buyer acts on their emotions because they will do anything to get that house. When you buy a home, you always need to know you can resell it without losing any money. Unfortunately, when people find what they believe is the perfect home, they will often bid high to ensure their offer is accepted and in the process may overextend themselves financially.

4. Unrealistic Offers
The opposite of the overpayer is the low bidder. There is a big difference between negotiating a price with a seller and offering an unrealistically low price. Discuss this with your agent before you wind up alienating the seller and possibly the chance to buy the property. Making a realistic bid that is good for you and the seller is the answer to getting the property you want.

Shopping with your emotions rarely yields a good deal. Listen to your real estate agent’s suggestions, look at several homes, and then make your decision. Once you have your home, don’t look back. Enjoy this home and make improvements. You will be one step closer to your dream home.

Are you thinking about purchasing a home and looking for advise on where to start? Give me a call at (626) 252-0839,  we will sit down and draft out a plan for your specific situation, whether it be buying something this month or 6-12 months down the line, its important to have the tools available to you. Let me help! 

Are you wondering what your home would sell for in today’s market? Click HERE for a free estimate! 

For a more in depth consultation please contact us directly at (626) 252-0839

Small Gains in the National Housing Market

Freddie Mac’s Multi-Indicator Market Index (MiMi) analyzes home-purchase applications, payment-to-income ratios, employment figures, and the number of on-time mortgage payments in markets across the country to determine the stability of the housing market. All of these indicators point to a slight improvement in the housing market as it heads into the busy spring season. January’s national MiMi value reached 82.7; while this isn’t as impressive as the all-time high MiMi value of 121.7, it is still a 40 percent improvement over the MiMi’s all-time low back in October 2010. January’s MiMi saw a three-month increase of 1.46 percent. Year-over-year values showed greater gains, with a 7.57 percent climb.

National Pending Home Sales
The Pending Home Sales Index, an indicator based on contract signings, reached 109.1 in February, a 3.5 percent increase from the downwardly revised 105.4 in January. This is a 0.7 percent improvement from February 2015’s index of 108.3. The index has seen year-over-year gains for the past 18 months, yet this last gain was the smallest of the lot.

Regional Pending Home Sales
In the Northeast, the Pending Home Sales Index fell 0.2 percent; it is still 12.6 percent higher than February 2015. The Midwest saw the index climb an impressive 11.4 percent month over month and 2.5 percent year over year. The index rose 2.1 percent and 0.7 percent in the South and the West, respectively. Compared to February 2015, the index dropped 0.4 percent in the South and 6.2 percent in the West.?

Future Predictions
Economists with the National Association of Realtors predict that existing-home sales will reach 5.38 million this year—up 2.4 percent from 2015. The national median existing-home price should also climb between 4 and 5 percent. In comparison, 2015 saw existing-home sales rise 6.3 percent, with home prices increasing 6.8 percent.

1-626-252-0839 Sell While the Market is HOTT!

What’s Your Home Worth? Find out Now!

 

If you’ve been thinking about selling your home, chances are that you’re excited about the possibility of moving and starting a new chapter of your life. Simply deciding to sell your home isn’t enough, though. The process of putting your home on the market can be overwhelming and time-consuming, so before you try to sell your property, you need to ask yourself a few questions. Being honest with yourself and with the people around you will help you have a more positive selling experience when you’re ready to move.

How’s the Market??? Snapshot for August 2015- Real Estate Market Trends

Here is this month’s How’s the Market??? Snapshot. If you saw last month’s Snapshot you will notice that our local real estate trends show median home prices are still creeping up, its just taking a little longer for homes to sell! If Hows the market imageyou would like more detailed information about how much your home is now worth after the Real Estate Crash, send me an email, text, or call me. I’ll be more than happy to provide you with a Free, no obligation report of what your home is worth and things you can do to improve the value of your home.

Housing Inventory Snapshot August 31, 2015
Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active 30 Days Trend Number of Listings
Los Angeles County, CA
Single Family under $1M $547,420 0.06% $525,000 0.00% 67 1 7880
Single Family over $1M $3,349,108 0.62% $1,975,000 -0.65% 88 2 3760
Condo/Townhome under $600K $375,951 0.08% $370,000 0.00% 64 1 2283
Condo/Townhome over $600K $1,349,287 2.48% $899,000 2.16% 73 1 1066
Riverside County, CA
Single Family under $500K $325,279 0.03% $325,000 -0.28% 76 -2 6038
Single Family over $500K $1,067,128 -1.64% $724,900 -0.56% 122 -1 2916
Condo/Townhome under $300K $197,169 -1.98% $202,000 -3.81% 120 0 954
Condo/Townhome over $300K $465,924 0.18% $399,900 0.23% 119 1 658
San Bernardino County, CA
Single Family under $500K $283,466 0.08% $279,800 1.75% 97 3 5101
Single Family over $500K $998,016 -0.08% $685,000 -1.44% 124 5 1648
Condo/Townhome under $300K $199,191 -2.48% $219,000 -2.67% 85 -10 274
Condo/Townhome over $300K $462,180 -1.81% $379,000 -2.82% 68 0 218
Orange County, CA
Single Family under $1M $724,193 -0.73% $700,000 -2.78% 67 2 3825
Single Family over $1M $3,662,249 2.43% $2,200,000 0.23% 110 7 1618
Condo/Townhome under $600K $392,868 -0.72% $399,000 -0.23% 64 3 1397
Condo/Townhome over $600K $1,036,107 0.70% $799,000 0.50% 70 1 599
If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.
Sincerely,
Yesenia E. Ruvalcaba-Garcia, Broker
Realtor®/HUD REO & Listing Specialist
Direct (626) 252-0839
Office (626) 917-6200 ext. 14
Cell Phone (626) 252-0839
Fax (626) 209-8318
CalBRE License Number: 01293970
yeseniaruvalcaba@aol.com
newcenturybroker.com
New Century Realtors

636 E Barbara Ave, West Covina, CA- HUD Home Available- 3 Bedrooms and a Pool!

636 E Barbara Ave, West Covina, CA

Just Listed

$ Click for current price
3 BEDROOMS | 2 (2 full ) BATHROOMS | 1375 SQUARE FEET



All information deemed reliable but not guaranteed. Not intended as a solicitation if you are currently working with a Broker.

1681 Vejar Street Pomona CA is For Sale–Southern California HUD Home Best Value

1681 vejar yesenia@newcenturybroker.com 1681 vejar yesenia@newcenturybroker.com2

Available for you offers today! This spacious Pomona home is the perfect home for someone who isn’t afraid of putting in a little elbow grease to reap its rewards! 1681 Vejar Street, Pomona CA is an amazing 4 bedroom 1.5 bath home with a spacious living room complete with fireplace, large family room perfect for entertaining or just hanging out with your loved ones, and large back yard with fruit trees.

1681 Vejar Street, in Pomona CA does qualify for FHA financing which means that you could purchase this home with as little as 3.5% down! The seller will pay up to 3% of buyer closing costs which makes this an even better deal for you and your family!

If you are interested in purchasing a home in Pomona CA and would like to schedule a private showing of 1681 Vejar Street, Pomona CA please give me a call at (626) 252-0839 or Email me at Yesenia@NewCenturyBroker.com. If you know someone who is looking to purchase in the Pomona CA area please forward this info on to them and let them know that 1681 Vejar Street Pomona CA is available and ready for their offer!

Bargain Hunters HUD REO List for 08/11/15

Here is this week’s list of available Bargain Priced HUD Homes! Take a minute to browse this list of available What are you waiting for?bargain HUD Homes, Available HUD homes in California and other states.

For Information on these and other available HUD homes please visit:

www.HUDHomestore.com

or Contact me:

Direct: (626) 252-0839 Email: Yesenia@NewCenturyBroker.com

PDF Download: Aged Inventory HUD 8-11-15

  Bargain Hunters HUD REO LIST    
8/11/2015
FHA Case # Address City ST Approx.
Sq. Footage
Bed Ba Insurability List Price
111-140680 8011 STEWART MOUNTAIN DR EAGLE RIVER AK 1519 2 1.5 IE $198,450
022-089744 425 LEONARD AVE CLIFTON AZ 1235 3 2 UK $43,740
022-184688 3910 S PLACITA DE LA MONEDA GREEN VALLEY AZ 1819 2 2 IE $148,212
022-213762 219 S AUSTIN BLVD WILLCOX AZ 1617 3 2 UK $42,000
022-223932 2628 N FAIR OAKS AVENUE TUCSON AZ 1240 2 1 IE $91,770
023-253749 1165 E AMES AVE KINGMAN AZ 784 2 1 UI $21,060
023-321436 1340 HUMMINGBIRD PL BULLHEAD CITY AZ 1760 3 2 IE $81,000
023-353158 2070 E PESCADOR DRIVE MOHAVE VALLEY AZ 2498 4 2.5 UK $148,222
023-353191 1020 S DEWEY RD DEWEY AZ 1509 2 1 UK $89,000
023-428243 9215 E SMOKI TRL DEWEY AZ 1568 3 2 IE $68,850
043-729168 15 MORTON ST YUBA CITY CA 1512 2 1.5 UK $120,612
045-657136 17509 PARKCLIFFE LN FRIANT CA 1350 2 2 IE $114,264
045-668881 9705 VILLARREAL DR LA GRANGE CA 960 2 1 IE $124,200
048-445137 1500 NANCY ST BARSTOW CA 1100 3 1 IE $50,784
197-356209 1681 VEJAR STREET POMONA CA 1667 4 1.5 IE $335,730
263-504513 10480 S MISSION RD SHEPHERD MI 1449 2 2 IE $75,520
263-448414 10233 N 10TH ST PLAINWELL MI 2405 4 2 UK $121,600
263-433537 721 16TH AVE NORWAY MI 1222 3 2 IN $22,080
263-429685 3379 CALLAHAN RD. ALBION MI 1224 2 1 IE $27,520
263-425969 638 E BURDELL RD ROSCOMMON MI 1664 3 1 IE $34,720
263-420319 140 S AURELIUS RD MASON MI 600 2 1 IE $26,880
263-380743 410 N UNIVERSITY AVE MOUNT PLEASANT MI 1890 2 2 IE $50,560
263-378779 127 W PRINCESS DR BROOKLYN MI 1756 4 2 IE $77,000
263-285842 55463 MAPLE AVE DOWAGIAC MI 1075 3 2 IE $35,000
263-262597 1139 MARCH ST KALAMAZOO MI 1256 3 2 UK $10,240
263-239197 633 N 5TH ST ISHPEMING MI 1500 2 2 UK $33,920
263-195156 1324 W NORTH ST KALAMAZOO MI 1596 3 1.5 UK $16,720
262-196373 515 S MONROE ST BAY CITY MI 1651 5 2 IE $32,200
262-193468 208 S JEFFERSON ST SAGINAW MI 1828 3 1 IE $28,880
262-170470 1942 RINIEL RD LENNON MI 2352 4 2 UK $76,760
262-165454 2735 FRANKFORD RD CARO MI 1440 3 2 IE $42,700
262-165258 1535 S M 52 OWOSSO MI 1548 2 1 IE $28,000
262-156678 1260 FLANDERS DRIVE SAGINAW MI 1444 3 1 IE $32,900
262-155101 215 SAGINAW ST ALPENA MI 1060 3 1 IE $28,800
262-153388 3027 HANCHETT STREET SAGINAW MI 1432 3 1 IE $17,280
262-148485 6473 SAMSON DR GRAND BLANC MI 1834 3 2 IN $80,000
262-146792 1925 HOLCOMB ST SAGINAW MI 1312 4 1 IE $37,800
262-145277 2518 BAY STREET SAGINAW MI 1152 3 1 IE $25,900
262-144373 3333 E SHAFFER RD MIDLAND MI 1728 3 2 IE $80,500
262-130548 406 N ANN ST BYRON MI 1404 3 2 IE $38,500
262-120544 1905 RING ST SAGINAW MI 1584 4 1.5 UI $8,800
261-939621 19404 LENORE DETROIT MI 1162 3 1 UK $14,440
261-935805 36900 WEBER RD RICHMOND MI 1615 3 1 IE $80,000
261-932697 2128 9TH ST WYANDOTTE MI 951 2 1 UK $36,480
261-903956 1840 LINDBERGH ST WYANDOTTE MI 1132 2 1 IE $37,120
261-823129 13722 SULLIVAN RD MUSSEY MI 1976 4 2.5 IE $41,600
431-313198 4860 SUE DRIVE KLAMATH FALLS OR 1708 3 2 IE $71,280
431-382352 437 NW 6TH ST ONTARIO OR 1056 3 1 IE $61,776
431-422900 184 ARIE LN MYRTLE CREEK OR 1848 3 2 IN $49,680
431-431822 1021 S 4TH ST UNION OR 1716 3 2 UK $84,953
431-436973 351 W HARBECK RD GRANTS PASS OR 1424 3 2 IE $145,800
431-448225 76491 W 2ND ST OAKRIDGE OR 1592 3 2 IE $83,794
431-448968 109 DATE ST DRAIN OR 1402 3 2 UI $83,398
431-450691 207 W ELLENDALE AVE DALLAS OR 1224 2 1.5 IE $74,844
431-465293 1855 CORINA DRIVE se SALEM OR 1212 3 2 IE $142,560
431-470359 701 S 6TH STREET COTTAGE GROVE OR 1306 2 2 IE $87,480
431-478960 1576 NW BEACON STREET ROSEBURG OR 1818 3 1.5 IE $85,000
431-480084 110 ROSEWOOD LN CENTRAL POINT OR 3456 4 2.5 IE $344,250
431-486121 190 TANNHAUSER AVE ROSEBURG OR 1201 3 2 IN $110,124
431-495021 279 GRANT STREET SUTHERLIN OR 1053 3 2 IE $71,280
431-497256 1130 SW 9TH AVE ONTARIO OR 1695 3 1.5 IE $92,340
561-863370 365 3RD STREET MORTON WA 2167 3 2 IE $81,473
561-869850 80 W KELLY ROAD SHELTON WA 1120 2 1 IE $139,392
561-870079 305 SOUTH NEWTON ST OAKVILLE WA 1368 3 1.5 UI $55,598
561-880437 609 S MAIN ST COUPEVILLE WA 2012 5 2.5 IE $190,350
561-912001 984 LINDA LANE OAK HARBOR WA 1320 1 2 IE $122,958
561-919254 17 ALLEN ROAD ELMA WA 1862 3 2 IE $104,976
562-201568 16773 NORTH HIGHWAY 21 REPUBLIC WA 1056 3 2 IE $47,874
562-206981 426 MORROW ST WAITSBURG WA 1080 3 2 IE $56,454
562-210788 450 POWELL ST WAITSBURG WA 1620 3 2 IE $67,716
562-220228 619 S MCKINNON RD SPOKANE VALLEY WA 748 2 1 UK $57,132
562-229125 3304 VIEWRIDGE LN VALLEY WA 1296 3 2 IE $72,657
562-230298 1616 HWY 25 S A KETTLE FALLS WA 1919 1 2 IE $128,596
562-233448 17451 HIGHWAY 21 NORTH MALO WA 2806 1 2.5 UK $149,850
561-880437 609 S MAIN ST COUPEVILLE WA 2012 5 2.5 IE $190,350
561-886471 2042 DELAMETER ROAD CASTLE ROCK WA 1294 3 2 UK $95,220
561-912001 984 LINDA LANE OAK HARBOR WA 1320 1 2 IE $136,620
561-919254 17 ALLEN ROAD ELMA WA 1862 3 2 IE $104,976
561-940811 2906 S WILEY ROAD YAKIMA WA 2021 5 2.5 UK $99,630
561-946028 5485 HANSBERRY ST NW BREMERTON WA 1116 2 1 UI $93,150
562-206981 426 MORROW ST WAITSBURG WA 1080 3 2 IE $64,152
562-208143 106 CHIPPEWA RD IONE WA 1608 3 2 IE $66,188
562-220228 619 S MCKINNON RD SPOKANE VALLEY WA 748 2 1 UK $57,132
562-225026 35 EVERGREEN DRIVE CURLEW WA 873 2 1 IE $47,385
562-242933 431 BOUNDARY RD METALINE WA 1539 3 2 IE $153,090
566-099505 356 SWANSON MILL RD OROVILLE WA 1800 3 2 IE $80,919

For Information on these and other available HUD homes please visit:

http://www.HUDHomestore.com

or Contact me:

Direct: (626) 252-0839 Email: Yesenia@NewCenturyBroker.com

EqualHousingOpportunity_Logo

How’s the Market??? Snapshot for June 2015- Real Estate Market Trends

Here is this month’s How’s the Market??? Snapshot. If you saw last month’s Snapshot you will notice that our local real estate trends show median home prices are still creeping up, its just taking a little longer for homes to sell! If Hows the market imageyou would like more detailed information about how much your home is now worth after the Real Estate Crash, send me an email, text, or call me. I’ll be more than happy to provide you with a Free, no obligation report of what your home is worth and things you can do to improve the value of your home.
Housing Inventory Snapshot June 30, 2015
Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active 30 Days Trend Number of Listings
Los Angeles County, CA
Single Family under $1M $547,146 1.58% $528,000 1.73% 66 -4 7545
Single Family over $1M $3,395,155 -1.91% $1,995,000 0.00% 84 2 3645
Condo/Townhome under $600K $370,941 0.62% $365,000 0.00% 61 -6 2292
Condo/Townhome over $600K $1,329,831 2.65% $895,000 -0.44% 75 -1 1079
Riverside County, CA
Single Family under $500K $325,990 -0.03% $325,000 -1.22% 79 -5 5757
Single Family over $500K $1,124,199 -4.52% $749,000 -3.34% 124 -5 3005
Condo/Townhome under $300K $200,079 -0.54% $209,900 -0.05% 115 1 1051
Condo/Townhome over $300K $469,406 -0.47% $399,000 -1.48% 121 8 701
San Bernardino County, CA
Single Family under $500K $280,301 1.60% $270,400 0.52% 95 -2 4866
Single Family over $500K $998,946 -1.90% $690,000 -1.29% 119 -1 1614
Condo/Townhome under $300K $203,284 -0.11% $219,900 -2.22% 87 -8 265
Condo/Townhome over $300K $469,730 0.09% $390,000 -2.26% 71 -1 191
Orange County, CA
Single Family under $1M $733,615 0.16% $725,000 0.00% 64 -1 3542
Single Family over $1M $3,537,459 3.65% $2,200,000 -1.74% 102 4 1632
Condo/Townhome under $600K $387,496 0.80% $390,000 -2.01% 60 1 1324
Condo/Townhome over $600K $1,055,746 2.14% $815,000 2.00% 68 -6 555
If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.
Sincerely,
Yesenia E. Ruvalcaba-Garcia, Broker
Realtor®/HUD REO & Listing Specialist
Direct (626) 252-0839
Office (626) 917-6200 ext. 14
Cell Phone (626) 252-0839
Fax (626) 209-8318
CalBRE License Number: 01293970
yeseniaruvalcaba@aol.com
newcenturybroker.com
New Century Realtors