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Gerry Athas-Vazquez

mail@GerryVaz@aol.com
t: 310.413.4089

How To Create Real Family Wealth [INFOGRAPHIC]

Some Highlights:

Buying a home is often the biggest financial decision that any family will make.
The average net worth of a homeowner is 45x greater than that of a renter.
Homeownership puts your housing costs to work for you.
Infographic was creat…

Are the Kids Finally Moving Out?

Are the Kids Finally Moving Out? | Simplifying The MarketDuring the recession, many young adults graduating from college were forced to move back in with their parents. This caused new household formations to drop dramatically from the long term average of 1.2 million formations annually to half that number. However, this may be the year this turns back around.

Where Are Americans Moving? [INFOGRAPHIC]

Some Highlights:

For the 4th year in a row the Northeast saw a concentration of High Outbound activity.
Oregon held on to the top stop of High Inbound states for the 3rd year in a row.
Much of this Outbound activity can be attributed to Boomers relo…

Homeowner’s Net Worth is 45x Greater Than a Renter’s

Homeowner’s Net Worth is 45x Greater Than a Renter's | Simplifying The MarketEvery three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

Final 2015 Housing Numbers Now In

Final 2015 Housing Numbers Now In | Simplifying The MarketMany have questioned the stability of certain sectors of the U.S. Economy, one section in particular is the housing market. Today we would like to share how the experts feel about how we ended 2015 and where they think we are headed in 2016.

How did we do in 2015?

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: