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Home Values Could potentially be climbing at Least Another 6% in the coming months!

by Southern Californias Top Producing Mother & Son Te

We are officially in the final quarter of 2012 and home sales values are officially in for September, completing the 3rd quarter of 2012.  Home values stayed in the upper ranges compared to the earlier part of 2012 which is great news for the market.  To reach a low of $290,139 in January of this year and to increase to $309,708 just last month shows that the market has made and can potentially be making a comeback. 

Inventory however is extremely low.  There just aren’t enough sellers out there for the amount of buyers who want to make a move in this real estate market.  The increase in home values could be the result of that fact.  We all know from basic economics that when supply is low, demand increases and when demand is high with a limited supply, the value of the product increases and that seems to be the case in this real estate market.  See this video clip we made for some more thoughts on that…

Now let’s study the graph.  Stock brokers analyze graphs every single day and try to make educated decisions on where they think the stock will go next based on the history the particular stock has performed in past months.  It’s a technique they use called TECHNICAL ALALYSIS.  I’m going to point out a couple of things to you on this graph that may give us some clues on what will take place in the coming months home value wise in Downey and surrounding areas.  Take a look at the horizontal red line resting on the crest of the graph around the peak of home values in April 2010.  That is a potential resistance area…Meaning that home sales hit a value of around $325,000-$327,000 at that point in time and could not break that point, bouncing right off of that threshold and going back down. 

Home values now in the past few months have risen and seem to be climbing back up and approaching that same area (value) they bounced off of in April of 2010.  This suggests that values in the coming months could at least climb slightly higher to the $325K-327K area they were in April of 2010.  If that’s the case we can potentially see the market in Downey and surrounding areas increase approximately another 6% which is great!  Now the more important question is, will values break that resistance of $325k-$327K?  Stay tuned to our page in the coming months and we will see together.  But for now please keep us in mind if you are thinking of buying or selling real estate.  We would love to work with you or anyone you know!  You can call Maria Palacios directly at (877) 883-1003.

Gangnam Style-Open House Madness-We work hard for you

by Southern Californias Top Producing Mother & Son Te

YOU HAVE TO SEE THIS!!!  We had so much fun filming this video.  Believe it or not there is a point to this video.  We thought of a humorous way to show all potential sellers out there just how hard we work for you here with at Mother And Son Real Estate.  We believe we should be your number one choice if you are thinking of selling your home.  Have a look at the video!

VLOG: Sharing some thoughts from this past weekend

by Chris Gonzales

We had an amazing turnout at this past weekends open house that we held at our listing on 12609 Coldbrook Ave, Downey and as a result of what took place at our open house I felt lead to share some thoughts...  Enjoy the video!

Fall Happenings

by Southern Californias Top Producing Mother & Son Te

DOWNEY:

Taste of Downey
More than two dozen local restaurants will participate in this year's Taste of Downey food festival, taking place Thursday, Sept. 20, in the civic center parking lot from 5:30-9 p.m…

Flamenco Dance for Kids w/ Susana Elena
September 29th from 2:00 to 3:00 PM at the Clifton M. Brakensiek Library, 9945 Flower St. Free of charge.

St. Bernard Autumn Festival
September 29th and 30th from 8:00 AM to 8:00 PM at St. Bernard Catholic Church, 9647 East Beach St. Admission is Free. Games, live entertainment, jumpers, food and booths.

Halloween Pumpkin Patch
Sunday, October 31st from 5 pm – 9 pm at the back lot of Barbara J. Riley Community and Senior Center (BJR). Admission is free and the event features free carnival games, costume contest for toddlers to adults, spooky crafts ages 2-6, glow walk and free popcorn, cotton candy, hot dogs, drinks to all in attendance. This event is co-sponsored by the City of Downey, Optimist and Soroptimist Clubs of Downey.

NORWALK:

29th Arturo Sanchez Sr. Halloween Parade
10/20/2012 at 11:00 AM. Parade begins at the intersection of Pioneer Blvd. and Mapledale Street and will conclude at Hermosillo Park. For additional information call (562) 929-5702 Halloween Festival 2012 10/31/2012. "Phantoms Revenge" 6:00 -9:00 PM. Norwalk City Hall Lawn, 12700 Norwalk Blvd. Food, game booths and a costume contest for additional information call (562) 929-5702

BELLFLOWER:

Halloween Haunt
The
Bellflower Theater will be transformed into the spooky pirate town of Port Royal for the Youth Cultural Arts Foundation's Halloween Haunt on October 17th and will continue each Friday, Saturday and Sunday through October 31st. Each tour is free and runs between 15 and 20 minutes. Info. (562) 867-3524 www.bellflowertheater.org.

Halloween Carnivals
Parade your costume and win handfuls of candy at one of the three City-hosted Halloween Carnivals at Simms, Thompson or Caruthers Park on Friday, October 31st from 6:30 p.m. to 9:00 p.m. Free Halloween activities, games and entertainment are provided. All ages. Info. call Simms Park at (562) 866-7510, Thompson Park at (562) 866-8614 or Caruthers Park at (562) 866-5684.

 

Weekly Disaster Supply Checklist

by Southern Californias Top Producing Mother & Son Te

We thought this mught be helpfull to you... This calendar is designed to make it simple to prepare for a disaster before it happens!  This will get you started.  For a complete list of recommended disaster preparedness please contact the American Red Cross.

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Photo of The Mother & Son Team - Maria Palacios & Chris Gon Real Estate
The Mother & Son Team - Maria Palacios & Chris Gon
Berkshire Hathaway HomeServices, California Properties
16911 Bellflower Blvd
Bellflower CA 90706
(877) 883-1003
Fax: 562-381-9113