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Gerry Athas-Vazquez

mail@GerryVaz@aol.com
t: 310.413.4089

Do You Know How Much Equity You Have In Your Home? You May Be Surprised!

Do You Know How Much Equity You Have In Your Home? You May Be Surprised! | Simplifying The MarketCoreLogic’s latest Equity Report revealed that 256,000 properties regained equity in the third quarter of 2015. This is great news for the country, as 92% of all mortgaged properties are now in a positive equity situation.

What You Don’t Need To Hear From Your Listing Agent

What You Don’t Need To Hear From Your Listing Agent | Simplifying The MarketYou’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to:

Homes Selling Quickly Across The Country

Homes Selling Quickly Across The Country | Simplifying The MarketAccording to the National Association of Realtors’ (NAR) Existing Home Sales Report, homes were on market for an average of 58 days in December. This was slightly longer than the 54 days in November, but still better than the 66 days experienced in December 2014. 

Harvard: Why Owning A Home Makes Sense Financially

Harvard: Why Owning A Home Makes Sense Financially | Simplifying The MarketWe have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities.

No Matter Which Groundhog You Listen To, You Should Sell Before Spring!

No Matter Which Groundhog You Listen to, You Should Sell Before Spring! | Simplifying The MarketIs spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season.

Where Are Interest Rates Headed This Year?

Where Are Interest Rates Headed This Year? | Simplifying The MarketWith interest rates still below 4%, many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year.

If you look at what the four major reporting agencies are predicting for 2016, it may make the decision for you. The chart below averages the predictions by quarter.

Existing Home Sales Bounce Back [INFOGRAPHIC]

Some Highlights:

Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded.
Inventory levels are still below historic norms at 3.9-months supply.
Median home price is up 7.6% from last yea…

A Million+ Boomerang Buyers about to Enter Market

A Million+ Boomerang Buyers about to Enter Market | Simplifying The MarketTransUnion recently released the results of a new study titled The Bubble, the Burst and Now – What Happened to the Consumer? The study revealed that 1.5 million homeowners that were negatively impacted by the housing crisis could re-enter the housing market in the next three years.

Should I Buy Now Or Wait Until Next Year? [INFOGRAPHIC]

Some Highlights:

The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 4.8% by next year.
CoreL…

What Do You Actually Need to Get a Mortgage?

What Do You Actually Need to Get a Mortgage? | Simplifying The MarketFannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways:

Rents Still Skyrocketing

Rents Still Skyrocketing | Simplifying The MarketZillow recently revealed that the 43 million renter households in the US spent $535 billion on rent in 2015. Aggregate numbers like these often make it difficult to truly assess a situation. For more clarity, we want to share some points that were made in a Wall Street Journal article earlier this month.

Are You Wondering What It Takes To Buy Your First Home?

Are You Wondering What It Takes To Buy Your First Home? | Simplifying The MarketThere are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still others might think their current income would never enable them to qualify for a mortgage.

Thinking of Buying? Selling? 5 Reasons You Need To Hire A Professional

Thinking of Buying? Selling? 5 Reasons You Need To Hire A Professsional | Simplifying The MarketWhether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.

Why Do Americans Consider Moving? [INFOGRAPHIC]

Some Highlights:

  • In a recent Harris Poll, Americans listed “change in climate/weather” as their top reason for wanting to relocate.
  • 41% would move for a better job opportunity.
  • Being closer to loved ones filled out 3 of the top 6 reasons why American’s move.

The Most Appealing Aspects of Homeownership

The Most Appealing Aspects of Homeownership | Simplifying The MarketThe National Association of Realtors (NAR) just released their first issue of the Housing Opportunities & Market Experience Survey (HOME). In the report, NAR revealed what Americans believe to be the most appealing aspects of homeownership.