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We know, online real estate shopping is frustrating. Let us show you how we can make your life easier

by Southern Californias Top Producing Mother & Son Te

We know that searching for homes can be fun and difficult all at the same time.  Let us make your life easier.  In this video blog post we show you a couple of areas on our site that can make your real estate shopping experience stress free.  Whether you're looking in Downey or the surrounding area we will deliever the service you are looking for to make your life easier.  You can reach Chris Gonzales directly at (562) 883-1003 or call Maria Palacios at (562) 883-1003.

VIDEO BLOG: Renting Vs. Buying, a real life current example

by Southern Californias Top Producing Mother & Son Te

 Submitted by Chris Gonzales

I was driving around one of the areas that we actively work in the Downey area a few days ago and I caught a quick glimpse of a sign out in front of a town home on Downey Ave.  I thought that the property might be for sale but as I approached the sign closer to get more information, it was a “For Rent” sign.  The sign said $2,000 for rent, so I decided to try out a little experiment and see if this particular town home were for sale, at current market value, would it be best to rent or buy this home?  Check out the video and see for yourself!  If you’re on the fence of buying this will be good for you to watch!

September Local Market News-It seems that things are stable

by Southern Californias Top Producing Mother & Son Te
September Local Market Real Estate Report


So far this year we haven't seen any drastic change in the average home values in Downey and surrounding areas.  If you look at the graph above, the average sales price in our market area hit rock bottom in Feb of 2009 clocking in at $306,835.  The most recent figures generated from SoCal MLS reports show that the average sales price in Downey and surrounding areas is $321,114.  We are now over a year and a half from the rock bottom period of home sales values and we are now seeing home values approximately 4.4% higher than the low point.   This is great news because we are in a stable market.  The fact the we haven't seen any drastic change in the past year and a half definitely shows stability in the local real estate market.  Granted we did start out 2010 with a higher average sales price than what we have this month (Jan 2010: $327,180 compared to Aug 2010: $321,114), BUT looking at the big picture we are definitely in a leveling off period of home values. 

The graph above includes the following cities:  Bell, Bellflower, Bell Gardens, Cerritos, Downey, La Mirada, La Habra, Long Beach, Lakewood, Montebello, Norwalk, Paramount, Pico Rivera, Santa Fe Springs, South Gate, and Whittier.          

 

 

We're starting a video blog..

by Southern Californias Top Producing Mother & Son Te

We want to be able to roll with the times.  Technology allows us to communicate with the public in so many great ways so we decided to implement video blogging on our site to keep the public informed on local real estate news and to hopefully allow the public to get to know the Mother And Son Team a little better...

 

Displaying blog entries 1-4 of 4

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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