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Gerry Athas-Vazquez

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t: 310.413.4089

Warren Buffett: There is No Housing Bubble

Warren Buffett: There is No Housing Bubble | Simplifying The MarketWith home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained:

Americans Rank Real Estate #1 Long Term Investment

Americans Rank Real Estate #1 Long Term Investment | Simplifying The MarketThe Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds.

Housing Inventory Disappearing

Housing Inventory Disappearing | Simplifying The MarketThe price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions.

Billionaire: Buy a Home… And if You Can, Buy a Second Home!

Billionaire: Buy a Home… And if You Can, Buy a Second Home! | Simplifying The MarketThree years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:

Investment Home Sales Rebound in 2015 [INFOGRAPHIC]

Some Highlights:

  • 2015 marks the first year-over-year increase in investment home sales since 2011.
  • 62% of all investment homes purchased were single family homes.
  • The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%).

Homes Continue to Sell Quickly Nationwide

Homes Continue to Sell Quickly Nationwide | Simplifying The MarketThe National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 47 days in March. This is a decrease from the 59 days reported in February, as well as the 52 days reported back in March 2015.

Thinking of Selling? The Market Needs Your Listing!!

Thinking of Selling? The Market Needs Your Listing!! | Simplifying The MarketThe housing market is really heating up and buyer demand is dramatically increasing as we enter the spring season. However, one challenge to the current market is a major shortage of inventory. Below are a few comments made in the last month by industry experts.

Investors: More Sales and Higher Prices

Investors: More Sales and Higher Prices | Simplifying The MarketThe National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market.

Yes, Home Prices Are Rising. No, a New Housing Bubble is NOT Forming

Yes, Home Prices Are Rising. No, a New Housing Bubble is NOT Forming | Simplifying The MarketWe recently reported that home prices are continuing to rise across most of the nation. This has created concern in some pundits that a housing bubble, like we saw ten years ago, is forming again. We want to explain why these concerns are unfounded.

Home Prices Are Up…But There is a Challenge

Home Prices Are Up…but there is a Challenge | Simplifying The MarketHome values continue to climb and are projected to increase by about 5% over the next twelve months. That is great news for anyone who owns a home. However, it could present a challenge for a family trying to sell their house.

Study Again Finds Homeownership to be a Better Way of Producing Wealth

Study Again Finds Homeownership to be a Better Way of Producing Wealth | Simplifying The MarketAccording to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index homeownership is a better way to produce greater wealth, on average, than renting.

New Home Buyers Look For Green Options [INFOGRAPHIC]

Some Highlights:

11% of new homebuyers stated “energy efficient features” as the reason for their purchase.
The most popular remodeling projects done for energy efficiency were insulation upgrades, HVAC replacements, and vinyl & wood window inst…

Buying a Home is 36% Less Expensive Than Renting Nationwide!

Buying a Home is 36% Less Expensive Than Renting Nationwide! | Simplifying The MarketIn the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

Building Wealth: First Rung on the Ladder is Housing

Building Wealth: First Rung on the Ladder is Housing | Simplifying The MarketHow Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”.

The Top Reasons Why Americans Buy Homes

The Top Reasons Why Americans Buy Homes| Simplifying The MarketLast week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership.