Monday, December 31, 2012

I Wish You a Great 2013

May The 2013 Be A Year of Blessings, Family Union and Stability But Above All May GOD Give You Wisdom
Alberto Pacheco Keller Williams Granada Hills 818 481 9211

Wednesday, November 21, 2012

Available Foreclosed Homes in Burbank California

 Foreclosed Homes in Burbank  Availabe and Must Sell Quickly

3  Bedrooms and 2 Bath Home Listed At $ 389,000

On This Website You Can You Can Browse Home Listings

Sign in To Get A Free List of Homes On Your Cities  and Prices of Choice By E-mail

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Get Your Home Value Over The Net

Find Your Home Value Over The Net

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lic 01200694

Wednesday, November 14, 2012

California Real Estate Market With Multiple Offers

The combination on low inventory of homes, interest rate and home prices are making the market in California to rise. Six out of then homes are getting multiple offers according to the 2012 California Association of Realtors Market Survey. 57% of the home sales received multiple offers in 2012, the highest in the last 12 years, with each home receiving an average of 4.2 offers. Seven out of ten bank owned and short sales received multiple offers, while only half of the equity sales received more than one offer. Home buyers are realizing that this is the time to buy a home before they keep rising, but they are finding that there is a fierce competition coming from cash buyers which most of the time are investors. Home sales are selling faster: equity sales are taking 32 days, bank owned homes 50, while short sales take 141 days. More than 30% of home buyers paid cash, 67% of sales were to investors, and 7% percent were to buyers who purchased 2nd homes or vacation homes. International buyers made 5.8%: From China 39.1%,Canada 13%,India 8.7% and Mexico 8.7%. First Time Home Buyers were attracted to low price homes like: Reo's and Short Sales, they made the 35.8% of the market. Alberto Pacheco 818 481 9211

Monday, November 12, 2012

Quote of The Day

Appreciate The Many Things That Make Your Life So Valuable

Alberto Pacheco
818 481 9211
Keller Williams North Valley

Bank Owned Homes Will Be Sold in Bulk in California

It was announced last week that Fannie Mae (Government Gsa), Federal Housing Finance Agency and Colony Capital are involved in the near future bulk sale of more then 400 in the Inland Empire and Los Angeles. This is going to be very beneficial for the investors, but will affect the first time home buyers that buy from the bottom sales price home to the pricey ones; also to the move up buyes. This move will make affordability to decrease, since investors buy low, rehab the properties and flip them at higher price. The Median Home Price in the Inland Empire increased 15% from $ 172,000 in February 2012 to $ 198,270 in September 2012, and the inventory decreased from 5.3 months to 3.8 months on the same period. The median home price in Los Angeles has risen 37% from $ 272,920 in February 2012 to $ 373,020 in September 2012 and the unsold inventory decrease on the same period from 5.7 months to 3.7 months. Alberto Pacheco 818 481 9211 Keller Wiliams Realty

Monday, November 05, 2012

Newsletter Video For November 2012

Alberto Pacheco 818 481 9211

Saturday, November 03, 2012

Day Light Savings Ends on November 04 2012

Tonight Saturday November 03 2012 and Before You Go To Bed

 Make Sure You Roll Back You Clock


Since at 2AM Sunday Morning  

is The Daylight Savings End.


Saturday, October 13, 2012

Real Estate Market Update For October 2012

Alberto Pacheco 818 481 9211 Keller Williams Granada Hills

Housing Forecast For California 2013

Alberto Pacheco Realtor Calbre Lic 01200694 818 481 9211 Keller Williams Porter Ranch Real Estate Consultant Real Estate News, Mortgages, Trends Blog: My Facebook My Twitter Pinterest

Sunday, September 09, 2012

Down Payment Assistance For Inland Empire First Time Home Buyers

If you are a First Time Home Buyer(s) and planning to buy a house, I have good news for you.

There is Down payment assistance available, in order to qualify for it you need the following documents:

3 year Income Taxes with the W2 forms
Last 4 Pay stubs
Last 4 Bank Statements
Copy of your Drivers License
Copy of your Social Security Card

Another requirements is to not Own a home or being on anybody's mortgage loan in the last 3 years. There is more details to it, for that you can email me at: or you can call me at 818 481 9211 and I will be happy to assist you.

Take advantage of this offer.

Alberto Pacheco
818 48 9211
My Website       My Facebook       My Twitter

Saturday, August 25, 2012

Granada Hills California Home Sales Statistics

Granada Hills is a Vibrant City located in the North East Side of the San Fernando Valley and is Surrounded on the North East Side by  Sylmar , South Side by Norh Hills, East side by Mission Hills and West Side by Northridge. it can be reached by the following freeways: from the North and South by the 405 Freeway and East- West by 118 Freeway.

There are over 12,000 single family homes in Granada Hills.

Real Estate Market Update For Granada Hills California

As of today 08/25/12 there are 60 Active detached and attached available homes for sale, and there is three type of sales: Standard Sale, Short Sales and Reo's aka Bank Owned Homes.

Standard Sales
The Real Estate Market is extremely active with 46 Standard Sales. Lowest Priced Home at $ 339,000, The Highest Priced at $ 1,695,000 and the Average Price $ 619,752. Minimum Bedrooms: 3, Maximum 6, and Average 4. Days on the Market: Minimum 1, Maximum 514 and Average 68.

Lowest square feet  home 1053 with a Lot of 6817 sq feet, Maximum home size 6380 sq feet and a Lot of of 62,290 sq feet, Average Size Home 2559 sq feet and Lot of 14,005 sq feet.

The reason of 514 days on the market is because some short sales take a while to close and the reason behind that is that  many times the buyers walk away from the purchase since it takes a while to get approved, some times more than 60 days. When the buyer walks away we have to start a new short sale process from scratch.

Bank Owned Homes aka Reo's
There are only 3 available homes for sale, Lowest priced $ 286,100, Maximum $ 569,000 and Average $ 381,667.  Minimum Days on The Market 15, Maximum 71 and Average 38. Smallest square feet home 1275 and 6952 lot size; Biggest 2528 sq ft home and 11028 sq ft Lot, Average 1718 sq ft home and 8728 sq ft Lot.

Short Sales
Only 11 homes for sale are short sales, the Lowest Priced is $ 248,000, Highest Priced $ 1,499,000, and Average Priced $ 570,264.  Minimum bedrooms 3 and 2 Bath, Maximum 6 Bedrooms and 8 Bath and Average 4 Bedrooms and 3 Baths.  Smallest House 1169 sq ft and Lot 6890 sq ft. Maximium 2739 sq ft Home and 11259 sq ft Lot.

There are multiple offers within 24 hours on every listing that hits the market, this year 2012 most home owners are going to end up with some home equity.
Only 3 Condo / Townhomes Available in the market with 28 days in the market,  2 bedrooms and 2 bath listed at $ 329,500 and  1112 sq ft. The Maximum Price $ 358,990 with 49 days on the market,  4 bedrooms and 3 bath, 1528 sq ft.  Average $ 342827 with 39 days on the market, 3 bedrooms, 2.67 bath and 1322 sq ft.

Pending Home Sales: 82, from those: 26 Are Standard Sales, 5 are Bank Owned aka REO, 1 Probate Sale and 50 Short Sales.

Pending Condo / Townhome Sales: 8, from those: 6 are Standard Sales and 2 are Short Sales.
Expired Listing Homes Between 08/01/12 to 08/25/12: 5, from those 4 were Short Sales and 1 Standard Sale.

Expired Condo / Townhomes 08/01/12 to 08/25/12 : 1 and was a Short Sale.

Canceled Home Listings Between 08/01/12 to 08/25/12: 9, from those 2 were Standard Sales and 7 Short Sales

Hold Do Not Show Listings Between 08/01/12 to 08/25/12: 5, from those 1 is Standard Sale and 4 Short Sales.

Withdrawn Home Listings Between 08/01/12 to 08/25/12; 1 Standard Sale.

Thursday, August 02, 2012

When it comes to seizing real estate opportunities TIMING IS KEY When it comes to succeeding in real estate, timing really is everything. That's why I make it my business to keep my finger on the pulse of our local marketplace. By studying the latest market trends, interest rates and other economic factors that can affect your home sale or purchase, I can help put you in position to maximize your investment decisions. Experience real estate on a higher level during your next move. Call me and let me help you seize your real estate opportunities today. Alberto Pacheco 818 481 9211 Keller Williams Granada Hills

Wednesday, August 01, 2012

What is Real Estate?


Tuesday, July 03, 2012

Friday, June 15, 2012

Real Estate News For June 2012

Alberto Pacheco
818 481 9211
Keller Williams Granada Hills

My Website                           My Facebook                                My Twitter

Real Estate News For May 2012

Alberto Pacheco
818 481 9211
Keller Williams Granada Hills

My Website                       My Facebook                          My Twitter

Granada Hills Home Listings Activity

As of Today 06/15/12 there are 58 home listings in Granada Hills, from those:

There are 30 listings with prices between 275K and 500K

9 of them are short sales and 21 are standard sales, no probate or bank owned homes

17 Listings priced between 501K and 750K

3 of them are short sales and 14 are standard sales, no probate or bank owned homes

8 Listings priced between 751K and 1 Million  and all of them are standard sales, no probates or reo's

3 Listings priced between 1,000,000 and 1,700,000

2 of them are standard sales and 1 short sale, no bank owned homes or probates.

Price Analysis:                                  Days on the Market

Maximum Price: $ 1,695,000                   451
Lowest Price:    $  275,000                        0
Average Price:   $  569,558                       65

Granada Hills Real Estate Market is comprised for 78% of the market are standard sales, the bank owned homes have been mostly absent in the last 3 months.

Alberto Pacheco
818 481 9211
Keller Williams Granada Hills
My Website                                My Facebook                   My Twitter

Saturday, March 10, 2012

Daylight Saving Starts on March 11, 2012

Today is Saturday Night 03/10/12 and I invite you to forward your clocks one hour ahead since the Daylight Savings Starts on S Sunday 03/11/12 at 2pm, in that way you won't be late for appointments. Wish You The Best Alberto Pacheco Keller Williams Realty Granada Hills CA 91344 818 481 9211

Thursday, March 01, 2012

Fannie Mae Lost Money on Last Quarter of 2011

Fannie Mae said Wednesday it lost $2.4 billion during the fourth quarter of 2011 and $16.9 billion for the full year. It has had worse years, remarkably. Fannie lost about $60 billion in 2008 and $72 billion the following year–two of the 10 largest corporate losses ever. Sibling Freddie Mac is responsible for a third, a $51 billion loss in 2008. Fannie Mae was established in 1938 to promote home ownership by making federal funds available to lenders. In the 1950s and 1960s, it transformed into a profit-seeking corporation, with the goal of purchasing mortgages and selling them to investors, thereby replenishing funds to banks for fresh loans. Freddie Mac was created in 1970 to spur competition. Recent losses for both agencies stem from the U.S. housing bubble that peaked in 2006. House prices fell nationwide by more than one-third since mid-2006 by one measure, the S&P/Case-Shiller index. Price changes vary by market, but for the country as a whole, homeowners erased the gains made since 2003. Millions of homeowners defaulted on their mortgages, leaving Fannie and Freddie saddled with bad loans. Both reverted to government control in 2008. Fannie and Freddie were once profitable, but the money they have lost dwarfs what they made in good years. During the three years leading up to the house price peak, Fannie reported annual profits of between $4.1 billion and $6.3 billion, and Freddie, $2.1 billion to $2.9 billion. During the five years since, Fannie lost a cumulative $163 billion, and Freddie, which hasn’t yet reported fourth quarter results for 2011, $91 billion. Both Fannie and Freddie pay dividends to the Treasury Department as a condition of their government sponsorship, but both have regularly requested larger sums than they have paid. For example, Fannie said Wednesday that it paid $2.6 billion in dividends to the Treasury during its fourth quarter, but that it would soon submit a request for $4.6 billion to offset losses. Fannie says it requested a total of $116 billion from the Treasury since the fourth quarter of 2008 and paid about $20 billion in dividends. Fannie requested $72 billion and paid $15 billion. Total funds requested, minus the dividends paid, work out to about $1,300 per American household. That includes both owners and renters.

Sunday, February 12, 2012

Asistencia Para Los Primeros Compradores De Casa

Un primer comprador de casa es el siguiente: el que no tiene casa en los ultimos tres anos, que no esta en le prestamo de ninguna casa o en el titulo de ninguna casa. Hay asistencia disponible para los primeros compradores de casa en la ciudad de Los Angeles ( incluye el valle de san fernando y excluye la ciudad de san fernando) si califican pueden recibir hasta $ 60,000 para el enganche, basado en el numero de miembros de la familia y el salario, se combinan estas dos cosas. La compra puede ser una casa, un condominio o un townhouse. Hay tambien dos bancos que tienen programas disponibles, uno de ellos es un prestamo convencional fijo por 30 anos con un enganche del 3% con un salario maximo de $52,000 que puede ser extendido de acuerdo con la area que el comprador escoja. Si desean mas informacion llamen at 818 481 9211 o envien un correo electronico a:

Real Estate and Mortgage News For February 2012

Real Estate News For January 2012

Wednesday, February 08, 2012

Real Estate News December 2011  


My E-mail                                 

First Time Home Buyers Down Payment Assistant Available

If you are a fist time home buyers ( have not own a house in three years, and are not on any loans loan) you may be elegible to receive up to $ 60,000 for Down payment or closing cost, there is money available right now.

You can buy: a house, condominium or townhome that are not tenant occupied.  To qualify for it need to make an appointment with me to go over you income, number of family members and more.

You can reach me by email: or by phone at 818 481 9211.

Alberto Pacheco
818 481 9211
Keller Williams Granada Hills
16842 Devonshire St
Granada Hills CA 91344
Lic 01200694  Foreclosures, Probate Homes and Short Sale Homes Available.

Foreclosure Market Update

 Slowly, but surely, the foreclosure crisis seems to be abating.The number of homes in foreclosure shrunk by 130,000, or 8.4%, in 2011, according to a report from CoreLogic, an economic research firm.
These are homes owned by borrowers who had slipped far behind on payments, forcing lenders to put them into the foreclosure process. The homes remain foreclosure inventory until they're sold -- either at auction or in a short sale, which is when a home is sold for less than the mortgage value -- or until homeowners are current again on payments.
There are dual reasons for the inventory drop, according to Mark Fleming, chief economist with CoreLogic.

Foreclosure deal has 40 states but others balk

"The pace at which properties are entering foreclosure is slowing," he said. "And servicers nationwide stepped up the rate at which they were able to process distressed assets."
In recent years, homes have entered foreclosure more slowly because lenders are carefully scrutinizing applicants; only very low-risk borrowers get loans. That, plus a gradual improvement in the economy, means fewer borrowers are getting into trouble.

Even borrowers in default are not going into the foreclosure process as quickly as they used to. They're being held up by a variety of judicial and regulatory constraints, according to Fleming.
For one thing, the robo-signing issue, in which banks filed sloppy and sometimes improper paperwork, made lenders more cautious about getting their paperwork in order before beginning to process foreclosures.

Once the banks do put homes into foreclosure, they're trying to speed them through it faster. One way they've done that is by encouraging short sales.Another is that they've stepped up their foreclosure prevention efforts -- often with the aid of numerous government programs such as Home Affordable Modification Program, which the government claims has helped a million Americans keep their homes.

After foreclosures are completed and the homes are back in the hands of their lenders, the homes are being sold very quickly. "This is the first time in a year that REO sales [those of bank-owned properties] have outpaced completed foreclosures," said Fleming.

In December 2011, there were 103 sales of bank-owned homes for every 100 homes in foreclosure inventory. That was up considerably from November 2010, when there were only 94 REO sales for every 100 in the foreclosure process.

Florida has the dubious distinction of recording the highest foreclosure inventory in the nation in December, with more than 17% of homeowners seriously delinquent and nearly 12% of homes with mortgages in foreclosure inventory The inventory in Florida is bloated because, as in more than half of all the states, most foreclosures have to go through the courts.

Foreclosure free ride: Three years and no payments

Courts have taken a much closer look at the cases coming before them, no longer taking the bank's word for everything.. Consequently, it takes a longer time to schedule an auction, which keeps many homes trapped in the foreclosure pipeline.A hard-hit state such as Nevada, which has had the highest incidence of delinquency in the nation but where most foreclosures do not go through he courts, posted a foreclosure inventory rate of less than half that of Florida. To top of page