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What's going to happen to home values this summer?

by Southern Californias Top Producing Mother & Son Te

Let’s take a look at trends to try and determine where the market is headed this summer in Downey and surrounding cities…  The first graph is the classic inventory diagram.  It shows active vs. sold Listings.  The graph shows inventory near record lows.  Only 1,427 properties entered the market in April and that is only 2nd to the month of Jan 2016 where only 1400 homes came active into the market.  Just to put things in perspective, in May of 2012 a little over 2,700 homes came active into the market.  Housing inventory is at extreme lows right now and that leads us to question where home values are going to end up in the near future.

Summer is right around the corner and we’ve already spoke to many home owners who have specifically told us that they are waiting for the school year to end to put their home up on the market.  We are expecting an extremely busy summer and with home values at 4 year highs and interest rates still in the 3% range for a 30 year fixed we can’t help but see the market go up higher in the near future. 

If you look at the 2nd graph you clearly notice the upward trend.  Average sales prices for the month of April came in at $529,129 slightly lower than the previous month but when looking at the past 4 years, hardly a dent.  Summer is coming and as mentioned above we believe it’s going to be a fairly active one in our market area… We’d love to hear from you and answer any questions … Call 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

SNAPCHAT WINNER - DOWNEY TACO TUESDAY

by Southern Californias Top Producing Mother & Son Te
You are our Friends and our Family!
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#MOTHERANDSONREALESTATESHOW

HAPPY CINCO DE MAYO!
Interesting Fact
According to the California Avocado Commission, Americans consume up to 81 million pounds of avocados on Cinco de Mayo every year. Holy guacamole!


THERE WILL BE GUACAMOLE . . . 
Where? When? For what?
We are holding a very special event on May 17th. We are taking Taco Tuesday to a whole new level and combining it with our newest listing on Richeon Avenue in Downey CA. This is an exclusive event for our family and friends to come check out this beautiful property in one of Downey's most desirable neighborhoods. Guess What? You are invited. Yes You! We consider you our dearest friends and a part of our family and all you have to do is RSVP by clicking on the link below. Do it now to reserve your plate. 
RSVP TODAY!
WE HAVE A WINNER!
This saturday we launched our first Social Media Contest ever! It was awesome to see the reaction of people as they snap chatted themselves with our Geo Filter that saturated the Delicious Porto's Bakery in Downey, CA.

After all the submissions were in, we drew a winner,and that winner is none other than Aleta Pesce who is a long-time Downey Resident. She has won a $25 Porto's Gift Card! 

Stay tuned for more fun contests like these!
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What's Your Home Worth
Chris Gonzales, Real Estate Broker
Mother & Son Real Estate
Berkshire Hathaway Home Services
Direct:  562-746-3811
Fax:  562-381-9113
email:  Chris.MSRealEstate@gmail.com
Web:  www.MotherAndSonRealEstate.com
 

OPEN HOUSE THIS WEEKEND - DOWNEY

by Southern Californias Top Producing Mother & Son Te
 
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OPEN HOUSE THIS SATURDAY!

Located in one of the most desirable areas of Downey, adjacent to Firestone Blvd, you will not find a better priced home in all of Downey with as much value as this home has to offer - Almost 1,200 sqft of living space - long drive way leading to garage, allowing space for multiple cars - Large front and back yards fully equipped with sprinkler systems to keep up a nice healthy lawn - Back yard large enough to make it your own, add a pool, host a get together, plenty of space for a play set for the kids - Inside has a wonderful floor plan with designer tile recently installed - crown molding, recessed lighting, and earth tones throughout - bathrooms with travertine counters and light wood cabinetry.
11538 Horton Ave, Downey, California
Need Directions?
 

TIME FOR SOME "REAL PEOPLE. REAL RESULTS"

This is Tomas & Blanca

"If I could take my whole experience, feelings and thoughts about how I feel about Maria and Chris team and put it in your brain you'd jump at the opportunity to do business with them.

The MOST IMPORTANT thing for Me and my Wife was Trust. We just simply felt completely taken care of and we had full trust in them. Maria said from the very beginning "If you want me to get you the best results, just let me guide you and take full control of the process". I took that to heart, and when it came down to crunch time she told me the exact things that needed to be done in order to get what I wanted.

So, They helped me sell my house and at the same time buy another all in the same transaction. They made me feel like I was their only customer, they treated me with respect, understanding, and never made me feel pressured, they were always there for me to help me through this ordeal.

Me and my wife are extremely happy with everything they did for us.

Thank you Maria, Chris, Cecilia, Amber and others behind the scene. You guys are the best."

This is Gabino

"I really enjoyed how they treated me and always answered any questions I had. They also worked with me based on my schedule and made the process seem very easy. I an very happy with the service they provided. I was a pleasure working with them."
Check Out Our Listings
Like Us
What's Your Home Worth
Chris Gonzales, Real Estate Broker
Mother & Son Real Estate
Berkshire Hathaway Home Services
Direct:  562-746-3811
Fax:  562-381-9113
email:  Chris.MSRealEstate@gmail.com
Web:  www.MotherAndSonRealEstate.com
 
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Chris Gonzales, Real Estate Broker
Mother & Son Real Estate
Berkshire Hathaway Home Services
Direct:  562-746-3811
Fax:  562-381-9113
email:  Chris.MSRealEstate@gmail.com
Web:  www.MotherAndSonRealEstate.com
 
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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