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Have A Check List

by Chris Gonzales, Top Producing Mother & Son Team

 We thought it would befun to create a video directed to buyers, sharing with them the importance of knowing exactly what you are looking for when shopping for a home.  A buyer may not always get everything they are looking for in a home at the time of purchase, but it is good for buyers to have a check list of things that they must have, and things that they would like to have but don't necessarily need at this point.  We were just working with a buyer that was looking into the Downey and Lakewood areas and they couldn't find a home with everything they wanted on their check list, but we were able to find them a great home and after it closed they completely forgot about all the negatives they original saw in the home and began to make all the changes and additions that they wanted to their home.  

December 2010 Local Market Report

by Southern Californias Top Producing Mother & Son Te

Real Estate is holding strong in Downey and surrounding areas.  We have some interesting numbers to share with you.  As you can see from the graph below the average home sales since January 2009 have slightly fluctuated up one month, and down the next but there hasn’t been any drastic increase or decrease.  The market has maintained fairly stable.  The highest average sales price since Jan. 2009 was $327,180 which was in Jan 2010.  Just last month (Nov. 2010), SoCal MLS reports show an average sales price of $317,225 which is only $10,000 shy of the highest peak of 2010.  January 2011 is right around the corner and if January 2010 is any indicator of how next month is going to do, than we may be hopefully looking at higher values very soon. 

As far as homes sold goes for the month of Nov. 2010 we are seeing approximately the same number of homes being sold compared to Nov. 2009.  There were 702 homes sold in Downey and surrounding areas including but not limited to, Whittier, Lakewood, Long Beach, Bellflower, La Mirada, and La Habra (For full list of cities in this report view list below), compared to 664 in Nov. 2010.  You may be surprised, but financing is still readily available.  Only about 13% of the transactions for Nov 2010 were Cash deals which means that 87% of the homes sold in Nov of this year obtained some sort of financing.  So if you want to see if you qualify to buy a home in this market.  Please contact us!

We hope that you take advantage of this great market.  We are constantly obtaining new inventory so please continue to utilize our website and look through our featured properties at www.Mother-SonTeam.com/Properties... 

 

Star Power Advance 2010, Austin TX

by Southern Californias Top Producing Mother & Son Te

We just got back from the Star Power Advance in Austin TX, 2010 and we are excited to implement all that we have learned from 150 other top producing Realtors across the country... Being a part of this exclusive organization has inspired us to help as many families as we can.  We know that times are difficult for many families and it is our goal as real estate professionals to be able to aid as many families as we can in this correcting market. 

We had many opportunities to see what other agents from both East and West coast's were doing to help families in distress, as well as help families that may feel that now is their time to invest in real estate.  In some markets, some Realtors expressed that they are not experiencing families in distress but the majority of Realtors that we spoke with in this group knew that they needed to become short sale experts quickly to be able to aid their community.  And that’s exactly what we are doing in Downey, Lakewood, Bellflower, Whittier, and surrounding areas. 

Below are some of the pictures that we took during our brain storming sessions and some of the events we attended including the 3rdAnnual Ronald McDonald House Charities 5K run.  We are completely blessed to be a part of an organization where Realtors really care about helping families and put others above themselves.

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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