February 2013 Real Estate Update

Alberto Pacheco 818 481 9211 albertopacheco@kw.com Keller Williams Granada Hills

Real Estate Update For January 2013

Alberto Pacheco 818 481 9211 albertopacheco@kw.com Keller Williams Granada Hills

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 albertopacheco@kw.com

MERRY CHRISTMAS TO YOU ALL

MERRY CHRISTMAS TO YOU ALL

Available Foreclosed Homes in Burbank California

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Get Your Home Value Over The Net

Find Your Home Value Over The Net Sign in To Get A Free List of Homes On Your Cities and Prices of Choice By E-mail Click Here CLICK HERE TO GET THE HOME VALUE

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Happy Thanksgiving To You All

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

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

Newsletter Video For November 2012

Alberto Pacheco 818 481 9211 albertopacheco@kw.com www.stoppayingrentinla.com

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

1 HOUR

Since at 2AM Sunday Morning  

is The Daylight Savings End.

 

Valencia California New Homes Available

For More Information Contact Me Alberto Pacheco 818 481 9211 Keller Williams Granada Hills

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 http://www.granadahills.kwrealty.com Real Estate News, Mortgages, Trends Blog: www.losangelescountyrealestate.blogspot.com albertopachecorealtor@gmail.com My Facebook My Twitter Pinterest

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:  albertopacheco@kw.com 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
albertopacheco@kw.com
My Website       My Facebook       My Twitter

Granada Hills California Home Sales Statistics

GRANADA HILLS CALIFORNIA

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.

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Real Estate Market Update

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 www.facebook.com/albertopachecorealtor www.twitter.com/albertopacheco

What is Real Estate?

I AM THE BASIS OF ALL WEALTH THE HERITAGE OF THE WISE, THE THRIFTY AND THE PRUDENT. i AM THE POOR MAN'S JOY AND COMFORT, THE RICH MAN'S PRIZE, RIGHT HAND OF CAPITAL, THE SILENT PARTNER OF MANY THOUSANDS OF SUCCESFUL MEN. I AM THE SOLACE OF THE WIDOW, THE COMFORT OF THE OLD AGE, THE CORNERSTONE OF SECURITY AGAINST MISFORTUNE AND WANT. I AM HANDED DOWN TO CHILDREN THROUGH GENERATIONS, AS A THING OF GREATEST WEALTH. YES, I AM REAL ESTATE BUY ME AND KEEP ME. LATER I WILL KEEP YOU FINANCIALLY! ARE YOU READY AND WILLING TO INVEST IN REAL ESTATE? I AM HERE TO HELP.