1. You can get a good deal. Prices are down 30 percent on average. They're at a level that makes sense for people's income.
2. Mortgages are cheap. At 4.3 percent on average for a 30-year fixed-rate mortgage, your costs to own are down by a fifth from two years ago.
3. You can save on taxes. When you add up the deductions for mortgage interest and others, the cost of owning can drop below renting for a comparable place.
4. It'll be yours. The one benefit to owning that never changes is that you can paint your walls orange if you want (generally speaking; there might be some community restrictions). How many landlords will let you do that?
5. You can get a better home. In some markets, it's simply the case that the nicest places are for-sale homes and condos.
6. It offers some inflation protection. Historically, appreciation over time outpaces inflation.
7. It's risk capital. If the economy picks up, you stand to benefit from that, even if you're goal is just to have a nice place to live.
8. It's forced savings. A part of your payment each month goes to equity.
9. There is a lot to choose from. There are some 4 million homes available today, about a year's supply. Now's the time to find something you like and get it.
10. Sooner or later the market will clear. The U.S. is expected to grow by another 100 million people in 40 years. They have to live somewhere. Demand will eventually outpace supply.
Home Buyers, Foreclosures, Mortgage Rates, House Values
Source Wall Street Journal, Brett Arends (9/16/10)
Monday, September 27, 2010
Sunday, September 26, 2010
Quote of the Dayh
Our character is but the stamp on our souls of the free choices of good
and evil we have made through life.
John C. Geikie
Sunday, September 12, 2010
12724 Mercer St Home Video Tour
Clikc on the Home Address To Watch The Video Tour on That Home
Click On The Link Below To Access Homes For Sale
http://www.stoppayingrentinla.com/ Foreclosed, Probate and Short Sale Homes For Sale
Friday, September 10, 2010
Quote of the Day
The average person puts only 25% of his energy and ability into his work. The world takes off its hat to those
who put in more than 50% of their capacity, and stands on its head for those few and far between souls who
devote 100%.
Andrew Carnegie
Van Nuys Real Estate, Homes For Sale, Foreclosures, Probates and Short Sales
Thursday, September 09, 2010
City of Pacoima California Home Sales Statistics As of 09/05/10
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| The Median Single Family Home Price as of 09/05/10 is $ 254,729 |
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| With Market Action Index at 23.11 Pacoima is Currently a Buyers Market |
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| The Average Property in Pacoima has been in the Market for about 142 Days |
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| The median price per square foot in Pacoima as of 09/06/10 is $ 182 |
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| There are 307 Properties in the Market in Pacoima as of 09/05/10 |
City of Pacoima California
It is located on the North East Corner of the San Fernando Valley and is Neighbooring Arleta, San Fernando, Mission Hills, Lake View Terrace and Sylmar. The freeways that run through are the Freeway 5, The 118 and the 210.
It was colonized by the Spanish who built the San Fernando Mission, Charles Maclay purchased 56,000 acres of land equivalent to 227 square kilometers which he subdivided into agricultural parcels where they grow: critus, nuts, beans, wheat and vegetables. In 1950 the urbanization of the San Fernando Valley arrived in Pacoima and changed from farming area to a industrial and residential area.
You don't see homeless people in Pacoima streets, some major companies hold their headquarters like: Natural Balance Pet Foos, Juicy Couture. Pacoima landscape have changed over the years, in 1994 one third of Pacoima's residents lived in public housing complexes. According to the 1990 Census most of the residents were under 18 years of age. In 2009 Los Angeles Times provided the following statistics for Pacoima: Population of 75,014 with median household income of $ 49,066. The population is predominantly Hispanic.
Local Govenment , County as well as Federal have representation like: Los Angeles Police Depatment, Fire Department, Health Services, United States Postal Service and is served by Los Angeles County Metropolitan Transportation Authority and have a local airport named: Whiteman Airport.
Parks: Gonzalez Park, Ritchie Valens was Pacoima's Resident so a park and recreation center was named Ritchie Valens Park and Recreation Center and there is an annual festival named Ritchie Valens Fest, by the way his remains are at San Fernando Mission Cemetery in Mission Hills.
The Following schools serve Pacoima residents: 6 Elementary Schools, 2 Middle Schools and 3 High Schools, plus Vaughn International Studies Academi, Discovery Charter Preparatory School and Berth Corona Charter School and it have a Public Library.
It was colonized by the Spanish who built the San Fernando Mission, Charles Maclay purchased 56,000 acres of land equivalent to 227 square kilometers which he subdivided into agricultural parcels where they grow: critus, nuts, beans, wheat and vegetables. In 1950 the urbanization of the San Fernando Valley arrived in Pacoima and changed from farming area to a industrial and residential area.
You don't see homeless people in Pacoima streets, some major companies hold their headquarters like: Natural Balance Pet Foos, Juicy Couture. Pacoima landscape have changed over the years, in 1994 one third of Pacoima's residents lived in public housing complexes. According to the 1990 Census most of the residents were under 18 years of age. In 2009 Los Angeles Times provided the following statistics for Pacoima: Population of 75,014 with median household income of $ 49,066. The population is predominantly Hispanic.
Local Govenment , County as well as Federal have representation like: Los Angeles Police Depatment, Fire Department, Health Services, United States Postal Service and is served by Los Angeles County Metropolitan Transportation Authority and have a local airport named: Whiteman Airport.
Parks: Gonzalez Park, Ritchie Valens was Pacoima's Resident so a park and recreation center was named Ritchie Valens Park and Recreation Center and there is an annual festival named Ritchie Valens Fest, by the way his remains are at San Fernando Mission Cemetery in Mission Hills.
The Following schools serve Pacoima residents: 6 Elementary Schools, 2 Middle Schools and 3 High Schools, plus Vaughn International Studies Academi, Discovery Charter Preparatory School and Berth Corona Charter School and it have a Public Library.
Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com Real Estate News, Mortgages, Trends
Open House on 091110 From 12N to 3P at 12724 Mercer St Pacoima Ca 91331
I Invite All of You To My Open House This Coming Saturday Sep 11/2010 From 12N to 3PM
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12724 Mercer St Pacoima California 91331
Hi!
I want to introduce this listing that I have in Pacoima, California is Listed at $ 269,900, Spacious Home.it has 3 Bedrooms, 2 full Bath, Large Living Room, Fireplace, Formal Dining Area, New Garage Door, Freshly Painted Inside Out, Landscaped and has a Avocado Tree and Apricot.
For more info go to: http://www.stoppayingrentinla.com/
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Tuesday, August 31, 2010
La Crescenta California Home Sales Statistics For May 2010
New Listings: 41
Average Listing Price: $ 684,482
Listings Under Contract: 9
Average Listing Price: $ 567,977
Sold Listigs: 11
Average Listing Price: $ 579,581
% Sales Price Versus Listing Price: 101.59 %
% Sales Price Versus Old Listing Price: 98.25 %
Average Days on The Market: 138
Average Listing Price: $ 684,482
Listings Under Contract: 9
Average Listing Price: $ 567,977
Sold Listigs: 11
Average Listing Price: $ 579,581
% Sales Price Versus Listing Price: 101.59 %
% Sales Price Versus Old Listing Price: 98.25 %
Average Days on The Market: 138
Monday, August 23, 2010
Inglewood California Home Sales Statistics For July 2009
New Listings: 86
Average Listing Price: $ 250,826
Listings Under Contract: 48
Average Listing Price: $ 246,653
Sold Listigs: 27
Average Listing Price: $ 217,222
% Sales Price Versus Listing Price: 100.05 %
% Sales Price Versus Old Listing Price: 96.57 %
Average Days on The Market: 79
Foreclosed Homes, Condos and Townhomes in Los Angeles County
Average Listing Price: $ 250,826
Listings Under Contract: 48
Average Listing Price: $ 246,653
Sold Listigs: 27
Average Listing Price: $ 217,222
% Sales Price Versus Listing Price: 100.05 %
% Sales Price Versus Old Listing Price: 96.57 %
Average Days on The Market: 79
Foreclosed Homes, Condos and Townhomes in Los Angeles County
Saturday, August 21, 2010
Quote of the Day
Our doubts are traitors, and make us lose the good we oft might win,
by fearing to attempt.
William Shakespeare
Wednesday, August 18, 2010
Loa Angeles Area Home Sales Plunged Last Month July 2010
Home sales in Southern California plummeted 21.4% last month from July 2009, the largest year over year drop in more than 2 years, as federal tax credits expired, The six county region saw 18,946 sales last month, compared with 24,104 in July 2009, this is according to dataquick. Also last July sales were down 20.6% from 23,871 in June .
The median home price in Southern California declined 1.7% to $ 295,000 last month comparing to June $ 300,000. Los Angeles county sales fell nearly to 6515 which is 20% from 8082 in July 2009, the median home price rose more than 5% during that period, from $ 321,000 to $ 339,000.
Ventura County sales drop 10.5% from 837 to 749 while prices dipped from 4 375,000 to $ 370,000.
Homes Sales Statistics, Tax Credit, Property Tax Value Declined, Alberto Pacheco
The median home price in Southern California declined 1.7% to $ 295,000 last month comparing to June $ 300,000. Los Angeles county sales fell nearly to 6515 which is 20% from 8082 in July 2009, the median home price rose more than 5% during that period, from $ 321,000 to $ 339,000.
Ventura County sales drop 10.5% from 837 to 749 while prices dipped from 4 375,000 to $ 370,000.
Homes Sales Statistics, Tax Credit, Property Tax Value Declined, Alberto Pacheco
Monday, August 16, 2010
Foreclosed Homes in July 2010
The number of homes in the US lost to foreclosure surged in July, since the lenders are moving quickly to take back properties from homeowners behind their mortgage payments.
Lenders repossessed 92,858 properties last month, up 9% from June, an increase of 6% from July2009.
Banks have stepped up repossessions this year to clear out the backlog of bad loans. July makes the eighth month in a row that the pace of homes lost to foreclosure has increase on an annual basis. The number of properties receiving an initial notice of default rose 1% last month from June, but tumble 28% versus July 2009.
More than 1 Million American households are likely to lose their homnes to foreclosure this year. 325,229 properties received a foreclosure warning in July, 4% up from June, that translates to one in 397 US Homes. All this is according to Realty Trac Inc
Lenders repossessed 92,858 properties last month, up 9% from June, an increase of 6% from July2009.
Banks have stepped up repossessions this year to clear out the backlog of bad loans. July makes the eighth month in a row that the pace of homes lost to foreclosure has increase on an annual basis. The number of properties receiving an initial notice of default rose 1% last month from June, but tumble 28% versus July 2009.
More than 1 Million American households are likely to lose their homnes to foreclosure this year. 325,229 properties received a foreclosure warning in July, 4% up from June, that translates to one in 397 US Homes. All this is according to Realty Trac Inc
Friday, August 13, 2010
Quote of The Day
Opportunities are usually disguised as hard work, so most people don't recognize them.
Ann Landers
Find Short Sales, Foreclosures and Probate Home Listings On This Website
Wednesday, August 11, 2010
Quote of the Day
The only way of finding the limits of the possible is by going beyond them into the impossible.
Arthur C. Clarke
Sunday, August 08, 2010
Inglewood California Home Sales Statistics For June 2010
New Listings: 82
Average Listing Price: $ 240,795
Listings Under Contract: 39
Average Listing Price: $ 280,166
Sold Listigs: 37
Average Listing Price: $ 249,243
% Sales Price Versus Listing Price: 99.65 %
% Sales Price Versus Old Listing Price: 97.86 %
Average Days on The Market: 62
Los Angeles County Foreclosed Homes, Condos and Tonwhomes For Sale
Average Listing Price: $ 240,795
Listings Under Contract: 39
Average Listing Price: $ 280,166
Sold Listigs: 37
Average Listing Price: $ 249,243
% Sales Price Versus Listing Price: 99.65 %
% Sales Price Versus Old Listing Price: 97.86 %
Average Days on The Market: 62
Los Angeles County Foreclosed Homes, Condos and Tonwhomes For Sale
Inglewood California Home Sales Statistics For May 2010
New Listings: 77
Average Listing Price: $ 230,683
Listings Under Contract: 57
Average Listing Price: $ 242,143
Sold Listigs: 30
Average Listing Price: $ 262,997
% Sales Price Versus Listing Price: 98.07 %
% Sales Price Versus Old Listing Price: 99.03 %
Average Days on The Market: 72
Los Angeles County Foreclosed Homes, Condos and Tonwhomes For Sale
Average Listing Price: $ 230,683
Listings Under Contract: 57
Average Listing Price: $ 242,143
Sold Listigs: 30
Average Listing Price: $ 262,997
% Sales Price Versus Listing Price: 98.07 %
% Sales Price Versus Old Listing Price: 99.03 %
Average Days on The Market: 72
Los Angeles County Foreclosed Homes, Condos and Tonwhomes For Sale
Saturday, August 07, 2010
Quote of The Day
The future depends on what we do in the present.
Mahatma Gandhi
Find Probate Home Listings On This Website
Friday, August 06, 2010
Quote of The Day
We are on the second half of the year
Discipline is the refining fire by which talent becomes ability.
Discipline yourself and others won't need to.
Coach John Wooden
Find Foreclosed Homes, Probates, Short Sales, Mortgage Calculator and More
Sunday, August 01, 2010
Inglewood Home Sales Statistics For April 2010
New Listings: 77
Average Listing Price: $ 230,683
Listings Under Contract: 57
Average Listing Price: $ 242,143
Sold Listigs: 30
Average Listing Price: $ 262,997
% Sales Price Versus Listing Price: 98.07 %
% Sales Price Versus Old Listing Price: 99.03 %
Average Days on The Market: 72
Los Angeles County Foreclosed Homes, Condos and Tonwhomes For Sale
Average Listing Price: $ 230,683
Listings Under Contract: 57
Average Listing Price: $ 242,143
Sold Listigs: 30
Average Listing Price: $ 262,997
% Sales Price Versus Listing Price: 98.07 %
% Sales Price Versus Old Listing Price: 99.03 %
Average Days on The Market: 72
Los Angeles County Foreclosed Homes, Condos and Tonwhomes For Sale
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