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Benefits For Veterans

by Southern Californias Top Producing Mother & Son Te

Below is information on a home loan option available to United States Veterans and active duty service members.  We have VA loan experts that can assist you through the process, please give us a call to get you on the road to home ownership.  

             BenefitsforNationsHeroes

Hoidays or Summer? When it is a BETTER time to buy a home?

by Southern Californias Top Producing Mother & Son Te

We always get asked the question, "Should I wait until the Fall or Holiday season to buy or is it ok to buy now?  Chris Gonzales answers this question and if you are looking to buy or sell a home in Downey or surrouding areas, you may want to hear his take on the age old question...

Your Real Estate Investment compared to Stocks/Bonds

by Southern Californias Top Producing Mother & Son Te

The question many people ask and argue about.  We visited this site where there was a calculatorthat showed how your property does compared to an equal investment in Stocks and bonds.  We thought we’d try this with one of the properties in Downey that we just sold.  The seller on this particular property purchased the home at $190,000, fully furnished at the time.  They just sold it in August of 2015 for $410,000.  The image above shows how their real estate investment performed compared to stocks and bonds during the same time period… Really interesting. 


If you own a home in Downey or surrounding areas, visit this site by clicking here and see how your real estate is comparing to Wall Street! 

Forecast for Real Estate Ending 2015

by Southern Californias Top Producing Mother & Son Te

We’re starting to get the feel that people are thinking there is going to be a slowdown in the real estate market in Southern California.  It’s completely understandable because the market has had a tremendous run since 2010/2011, increasing as much as 40% in some areas, and people are starting the say that it can’t keep going for much longer… Well, any time there is a question we look to the data.  For the month of Sept we showed an average sales price of $535,368.  The previous month showed an average sales price of $529,558.  In our opinion this shows that there is some stability in the market… Interest rates are a huge factor in keeping values where they currently are.  

The average 30 year fixed rate today according to bankrate.com is 3.84%.  This is allowing buyers to afford more home and have lower payments.  One of the questions is whether or not rates are going to go up and across the board economist agree that they are going to go up in the coming years.  Read our blog post on the FED raising interest rates here… 

So interest rates definitely are going to play a factor on the housing market in the months and years ahead but one other thing that we want to point out that will play a major role in home values is inventory.  According to the MLS there were only approximately 1,400 homes that active on the market compared to over 3,000 in 2011.  Inventory is at an all time low right now.  For some reason sellers are still holding on to their properties and supply and demand is going to be a huge factor in determining home values in the months ahead. 

For more real estate questions contact us anytime!  

Type is 'Single Family Residence'County is 'Los Angeles'

City is one of 'Bellflower', 'Cerritos', 'Downey', 'La Mirada', 'Lakewood', 'Long Beach', 'Montebello', 'Norwalk', 'Paramount', 'Whittier'
Results calculated from 33,929 Listings

HOW TO HIRE A CONTRACTOR

by Southern Californias Top Producing Mother & Son Te

Below is great information you may need when selecting a licensed contractor. He is the one that makes a plan of the work that needs to be done. He orchestrates the comings and goings of the workers, order materials, inspects the work done, coordinates the schedule, handles the paperwork, which includes material bills, payroll,and issuing invoices to you, the homeowner. We hope this information is useful.

                  HowtoHireaContractor

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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