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Gerry Athas-Vazquez

mail@GerryVaz@aol.com
t: 310.413.4089

Thinking of Selling? Now is the Perfect Time

Thinking of Selling? Now is the Perfect Time | Simplifying The MarketIt is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring […]

Thinking of Selling? Now is the Perfect Time

Thinking of Selling? Now is the Perfect Time | Simplifying The MarketIt is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring […]

Thinking of Selling? Now is the Perfect Time

Thinking of Selling? Now is the Perfect Time | Simplifying The MarketIt is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring […]

The Impact Staging Your Home Has on Sales Price [INFOGRAPHIC]

Some Highlights:

The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging.
50% of staged homes saw a 1-10% increase in dollar value offers from buyers.
77% of buyer’s agents sa…

93% Believe Homeownership Is Important in Attaining the American Dream

93% Believe Homeownership Is Important in Attaining the American Dream | Simplifying The MarketAmericans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that: “Owning a home remains a core element of the American Dream.” When asked “How important a part of the American dream is owning a home?” 18% of those surveyed said it was the most […]

FICO® Scores on Approved Home Loans Drop Again

FICO® Scores on Approved Home Loans Drop Again | Simplifying The MarketAccording to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans. FHA and VA loans showed the most opportunity for millennials looking to enter the market with low down payments and even […]

The Impact of Tight Inventory on the Housing Market

The Impact of Tight Inventory on the Housing Market | Simplifying The MarketThe housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in […]

712,000 Homes in the US Regained Equity in the Past 12 Months!

712,000 Homes in the US Regained Equity in the Past 12 Months! | Simplifying The MarketCoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today. The […]

How to Save on a Mortgage Payment Whether Buying or Selling

How to Save on a Mortgage Payment Whether Buying or Selling | Simplifying The MarketIn Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and […]

Millennials Flock Towards Low Down Payment Programs

Millennials Flock Towards Low Down Payment Programs | Simplifying The MarketA report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less. The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%. An article by Chase points to a new wave of millennial homebuyers: “We teamed up with Google to […]

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

Some Highlights:

Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%)…

Hiring an Agent to Sell Your House May Cost You NOTHING!

Hiring an Agent to Sell Your House May Cost You NOTHING! | Simplifying The MarketThere is no doubt that it is easier to sell your house when using the services of a local real estate professional. The agent will provide: Greater exposure to more buyers The skills of a professional negotiator A layer of protection from possible legal liabilities Professional guidance in navigating any pitfalls that may arise A […]

4 Reasons to Buy a Home This Fall!

4 Reasons to Buy a Home This Fall! | Simplifying The MarketHere are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.0% over the next year. The […]

How Supply and Demand Impacts Real Estate Home Values [INFOGRAPHIC]

How Supply and Demand Impacts Real Estate Home Values [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The concept of supply & demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
  • Anything under a 6-month supply is a seller’s market!
  • Nationally, there has not been a 6-months inventory supply since August 2012!
  • Inventory levels differ depending on the area of the country and price range, so let’s get together to discuss the exact market conditions in our area.

America Needs Your House!!

America Needs Your House!! | Simplifying The MarketThe biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue (emphases added): Mark Fleming, First American’s Chief Economist “The underlying fundamental issue is an overwhelming lack of supply… The supply of […]