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We Sold the most Historic house in Downey.

by Southern Californias Top Producing Mother & Son Te

We did it!  It really is a challenge to sell older, historic homes…Especially when a buyer is trying to obtain financing to purchase the home.  Banks these days want to know that the home is pretty much in pristine condition before they loan money to a buyer.  But WE DID IT!  This was a really great sale to be a part of because of the unique history of the home. 

We were hosting an open house one Saturday and we had about 20 interested buyers come through the home to take a look at it.  People were very intrigued by the unique historic look of the home.  We were so lucky on this day because the “Mail Man”, or in this case, “Mail Woman” who had had this home on her route for the past 30 years came in to look at the interior of the home.  She began to give us all the history on the home and the original owners of the home, The Bangle Family.  Immediately when she told me the name of the original owners back in the late 1800’s, my attention gravitated to her because the home is located on 7810 Bangle Rd.  I always wondered how street names were created and I guess using family names was one of the ways.  She began to explain to us that there was another big family that lived in the area called the Tweedy family around the same time, the late 1800’s and their home which is still standing today is located on Tweedy Ln and isn’t too far away from our listing. 

Later on that day an elderly man walked in to tour the home.  He was in his late 70’s and he gave us a little more history on the immediate area.  We found it very intriguing when he mentioned that the 5 Fwy, which currently lies right up against the property, used to be a dirt road that many traveled to go from town to town and surrounding the entire home for miles was a huge orange grove.  It was definitely special to get history on the home and the area and to imagine this home standing in a time when the surroundings were completely different.  We are definitely proud to say that we sold the most historic home in Downey!  If you want to learn a little more history on the city of Downey and its origins click the link and check out the City of Downey website…   

Home values up again as we predicted

by Southern Californias Top Producing Mother & Son Te

We didn’t want to say, “We told you so,” but….”We told you so!”  As predicted the average sales prices for Downey and surrounding areas leaped up about 3.3% from the previous month of July.  The final official MLS data for sold properties doesn’t become available until the 15th of each month.  So we always wait to send you a report on home values until after the figures have all been finalized.  This way you can be assured that you are reading the most accurate data on our website. 

As shown on the graph the average sales price for August 2012 was $315,504 according to MLS activity reports.  This is great news for sellers, and home owners because it shows the market is bouncing back from its low point of $290,139 for the month of January 2012.  This is AMAZING NEWS!  This shows that Real estate values have jumped up 8.7% in 2012!  Notice the 2 arrows on the graph.  The first arrow shows the downtrend which started around June of 2010, and the second arrow shows the beginning of an uptrend which started this year, January 2012. 

We’re really excited to see what’s to come in the coming months.  We can’t believe we are in the final quarter of 2012.  If you’re thinking about buying or selling, it’s time to give us a call so we can come up with a game plan for you to end out the year right.  Call us anytime!  You can reach Maria directly at 877-883-1003!

Own this home for the cost of renting, 1775 Ohio Ave #204, Long Beach

by Southern Californias Top Producing Mother & Son Te

Hey everyone!  Please have a look at this video.  It's a short 2 minute video showing buyers out there that they can actually buy a home for the same cost of renting a similar type dwelling.  We prove it to you in this video with one of the condo's we just SOLD in Long Beach right off of Pacific Coast HWY!

 

Video Testimonial - See for yourself the benefit of selling with Maria & Chris

by Southern Californias Top Producing Mother & Son Te

As always we’re always thinking of unique ways to show you the benefit of working with us in the sale of your home.  If you’re thinking of selling your home, have a listen to this couple that we helped in the Downey area and hopefully you’ll find their words encouraging and helpful so that you are confident in choosing us as your trusted realtors!   

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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