AT HOME IN THE SAN GABRIEL VALLEY

1. Check your credit score and report. In today's environment, lenders are looking for steady income and FICO scores of at least 560 (for FHA loans) and 640 (for conventional loans). The higher your credit score, of course, the better the interest rate you would qualify for. Visit www.annualcreditreport.com and read over your credit report carefully and quickly take action on any errors you see so that your credit score has time to re-adjust once the mistake is found and corrected. You'd be surprised at how often buyers find an error on their credit report!

We've all seen the news and articles: it's a sellers market and there's never been a better time to sell! Now that you've decided to list your home, you've likely started thinking about what you can do to ensure that your home catches the eye of would-be buyers and fetches you top dollar.

Here's a list of updates you should consider making that will give you the most bang for your buck and help you turn heads:

One of the buzzwords I often hear when talking to clients interested in selling their home is "zestimate", or Zillow.com's estimate of your home's value. All too often, these clients are relying on the zestimate, Redfin, or Realtor.com valuation tool as an indicator of what their home would sell for when listed.

Looking for some fun and festive things to do this holiday season? Here's a compilation of events you and your family will enjoy! 

Goldman Sachs recently released their housing market forecast for 2022. In quick summary, they anticipate that home prices will continue to rise, though more modestly than we've seen in recent years, with a roughly 16% appreciation in value.

Low housing inventory, low interest rates and pressures on the supply chain for raw materials - lumber, materials, etc. - continues to be the reason for the appreciation in prices. As consumers, we've been seeing the effects of the supply chain issues in the form of longer delivery times for home goods, appliances, furniture, food items, and an increase in prices. 

A solid relationship starts with a solid base. The same is true for the tenant-landlord relationship, especially now, when the impacts of Covid-19 and the rental moratorium may have placed added pressures on both parties.

Below are some tips from a recent Forbes article, "15 Proactive Steps Every Landlord Should Take for Good Tenant Relationships":

Realtor Caravan 10/14/2021

My two picks for this week's realtor caravan includes a Spanish style home in Pasadena and a Craftsman in South Pasadena. Contact me if you'd like more information or to schedule a tour!

Information provided subject to change.

Charming Casa Grande area Spanish-style home in Pasadena

Lots of original features have been preserved. When you step off the inviting front porch - from which you can enjoy a view of the local mountains - into the living room, you'll notice the large picture window and fireplace. The living room has a decorative nook and a cute archway, the dining room has a dark wood built-in buffet and the rooms feature cove ceilings with original windows and casings.

The question on the minds of sellers, buyers, homeowners, and just about everyone is whether home prices might fall. Sorry, buyers, that likely won’t happen anytime soon.

If you've never been, the 626 Night Market is a fun food fair featuring lots of delicious treats and drinks.

Summer is traditionally the busiest season in real estate. However, with the wonderful weather we enjoy year round, our buying and selling seasons are less volatile than in other parts of the country. Nonetheless, it's interesting to see some of the trends in the single family home market from April 2020 to April 2021 in LA county: