Real Estate from L.A. To Palm Springs

We sell homes from L.A. to Palm Springs and we're based out of Pomona, CA. As a real estate agent Jose Perez and Associates offers insights and updates into the housing market in Pomona, Chino, Chino Hills, Ontario, Eastvale, Norco, Corona, Riverside, Whittier, Downey, Covina, and West Covina.

June 18, 2019

June 2019 Market Update

 

It's a great day at Jose Perez and Associates. My name is Jose Perez and I'm here to give you an update for the month of June. My name is Jose Perez. We sell real estate from LA to Palm Springs and every city in between We deliver a systematic approach to real estate. Are you ready to receive the red carpet experience with proven results? Then what are you waiting for? Let us put you on the map. 

10 Reasons to Buy

June is national homeownership month, and first off, I wanted to share with you guys 10 reasons why it's important to own a home 

Privacy

Having a space that is solely your own. 

Family

Putting needs of your immediate family and children first. 

Stability

Having control of your future direction and security. 

Physical comfort

Having the amenities and features that enhance daily experiences. 

Friends

Entertaining and sharing with friends. 

Community

Being a part of a broader community of people in society.

Personal expression

The ability to display your unique personality, desire, and interest. 

Creativity

Opportunity to create, build and grow things. 

Accomplishment

Reflection of your efforts and success. 

Financial Investment

Opportunity to grow your assets and wealth.  

 

Why I am Optimistic

Second, I'd like to share with you guys a couple of slides on why I'm so optimistic on homeownership today. Check out these two graphs on the economy today. 

     

Number three I want to give you a quick real estate update if you were to see these charts that I have in my hands. Number one shows that we're at 2.7 months of supply, and that means we're still in a seller's market. However, property inventory's going up. That means there are more homes to choose from.  Number two, interest rates are at a two year low. So take advantage of that. 

   

 

 

 

Buyer and Seller Guides

Lastly, I'd like to invite you guys to download our new summer guides for home buyers and home sellers. You can either see them in the body of this email or number two, you can download them from our website.

 

Click on either guide below:

                         

 Until next time, as you know, we cover LA to Palm Springs. Give us a call (951) 444-5811 or visit our website at www.JosePerezandAssociates.com

June 18, 2019

Sellers Guide 2019

June 18, 2019

Buyers Guide Summer 2019

June 4, 2019

Public Real Estate Sites Vs. Ours

Public Real Estate Sites Vs Ours

 

Hi, my name is Jose Perez and wanted to share with you guys the biggest difference between the major websites and our website. My name is Jose Perez. We sell real estate from LA to Palm Springs. Every city in between we deliver a systematic approach to real estate. Are you ready to receive the red carpet experience with proven results? Then what are you waiting for? Let us put you on the map.

Public Real Estate Websites

For instance, let's say you're out looking at homes on the Internet, Zillow, Realtor, Trulia, Redfin, some of those major sites, the biggest difference between them is they're out there showing you properties with one purpose. They want to sell your data to the highest bidding real estate agent in that area so that they can connect you.

Our Website

The biggest difference between that and our website is when you inquire on a home on our site, you're getting either myself responding to you or somebody on my staff. That means we put a lot of thought and effort into our responses. We do a lot of research for you. In fact, we put my 20 years of experience into that response.

 

Over 20 Years Experience

If that's the level of attention that you're looking for, please inquire below or feel free to reach out to us. If you ever want a phone call, I'm just a phone call away 951-444-5811

June 4, 2019

Buyers Advantage Program

Have You Heard of the Buyers Advantage Program?

 

 

Are you thinking about buying a house? Have you secured your financing yet? Have you heard of the buyer's advantage program? My name is Jose Perez. We sell real estate from LA to Palm Springs and every city in between we deliver a systematic approach to real estate. Are you ready to receive the red carpet experience with proven results? Then what are you waiting for? Let us put you on the map.

3 Key Features

A lot of buyers take advantage of this and there's a lot of benefits to this program, but there are 3 key features.

Exclusive Access to Properties

Number one, we give you access to all the bank owned properties, Foreclosures, REOs, Hud homes, even some houses that are not yet on the market.

Over 60 Different Loan Programs

Number two, the financing. We have five lenders participating in the program. Together, they have over 60 different loan programs to choose from, including a lot of first time home buyer programs and down payment assistance programs too. The biggest benefit to you is we ask them to give you guys the lowest down payment, monthly payment, and interest rate so you can capitalize from that.

One Year Home Warranty

Third, we guarantee you a one year home warranty plan. So that gives you the additional peace of mind that any house that you buy from us through this program, it's going to have that additional coverage. For example, if you were to buy a property and the water heater breaks down, during that first year, all you have to do is simply call the home warranty company. They'll send a technician to your house and they'll either repair it or replace it for you.

The Program is Free!

If you're interested in buying a house, please visit our website at joseperezandassociates.com or give us a call at 951-444-5811.

April 17, 2019

April 2019 Market Update

 

Three hot topics for this market update

It's a great day at Jose Perez and Associates. My name is Jose Perez and I'm here to give you an update for the month of April. So today we're going to be talking about three topics.

Number one, I want to introduce you guys to our hottest new listing. Number two, I'm going to give you a quick real estate market update. Number three, we're highlighting a city that's really moving right now. So I want you guys to know about it.

 

Hot new listing!

First, we have a duplex that's hitting the market tomorrow and the City Terrace. Now, this is two units. Each one of them is 4 bedrooms, 2 baths, and this property is built in 2005 so it's perfect if you're looking to live in one and rent the other, you'll rent that for $2,500 which will keep your mortgage to a minimum. Or if you have a large family, you don't want to take the whole thing, a lot of options on this property. Feel free to visit 1144vanpelt.com For more information.

 

We average you 103% of the list price!

Second, we have an update for you in regards to the market. Now the market's doing great. The average days on the market for a home today is about 34 days. Then, of course, there's an additional 30 days to get the transaction closed. Also the month's supply, now this is important when you hear people talk about whether it's a buyer's market or a seller's market, what that really means is that if we have more than 6 months worth of inventory and it becomes a buyers market, but right now we're hovering around 3.2 months of a supply, which is great. That means the market starting to kind of tee up to a neutral zone, but buyers, if you're looking to buy, you're still able to go out there and get an offer accepted. Sellers, it's still a sellers' market out there. The other thing with regards to stats that we've noticed is that properties are selling about 98.5% of what they list for. Now that's great. I mean people are out there selling properties at about list price. Now, not to toot our own horn, but we're averaging 103% for our sellers, so if you or someone you know is looking to sell, please reach out to us at (951) 444-5811 to find out more about how we can get you top dollar for your house.

 

Ontario is HOT!

Lastly, guys, I want to really highlight a city that's moving, city of Ontario. Now, the city of Ontario is building about 46,000 new homes over the next 15 years. That means there's going to be about 200,000 people. It's going to be the fifth largest city in California. And what's really important is that the average price is 450,000 and the Max loan limit in the area is $484,000 that means we can still get you into Ontario with zero down. And you can take advantage of the appreciation there. Over the last 12 months, properties have appreciated almost 9% in Ontario.

 

So if you or someone you know, looking to buy or sell, between LA and Palm Springs, you know what to do, give us a call at 951-444-5811 or visit our website at www.JosePerezandAssociates.com.

March 28, 2019

Spring Time is Home Selling Time

Hey guys, do you know what time it is? It's home selling time!

 

Spring Time is Here!

April, May, June, those three months is when the peak of the market really comes together for the year. That's where the majority of the sales are made. Here's the thing, if you're thinking about making a move, this 2019 and you want to find out what your equity position is, give us a call. We would love to do a one on one consultation, or at least give you an update on more or less what the value is of your home and what your options are.

 

Contact Us

Give me a call at 951-444-5811 or feel free to visit our website at www.joseperezandassociates.com find out what your property's worth today.

March 20, 2019

March 2019 Market Update

 

It's a great day at Jose Perez and Associates. My name is Jose Perez. I'm here to give you an update for the month of March. Now guys, today we're going to talk about fake news, particularly in real estate. I'm just tired of seeing all the doom and gloom articles out there, so we took our time to decipher some of them and want to share those with you guys today.

 

Are people using their homes as ATM's?

Today we're going to decipher some of the fake news out there. We're going to start with this article. This article here talks about how people are now using their home as an ATM because cash-out refinances are at an all-time high. Take a look at this chart, if you notice back in 2006, 89% of people out there were doing cash-out refinances. It was at an all-time high and right now, yes, we are at an 81% cash out refinance. So a lot of people are refinancing and cashing out. So that story will sell some website visits, it will also sell some newspapers and so on and so forth. But it doesn't really tell you the full story. What we did is we deciphered that story and here's what we found out. We found out that it's absolutely accurate.

 

There is 81% of homeowners out there doing cashout refinances it's at an all-time high. What we also found out is that the amount of money that people are tapping into their home equity for, is at a low. Last time we were at about $321 billion in cash out refinances back in 2006 right now, we're estimating about $55 billion. If you compare that to $321 that shows you that people have matured, people have learned from the mistakes and the things we went through in 2006 and we are no longer just going in there and cashing out for the purpose of buying a Louis Vuitton purse or buying a car, or whatever. People are tapping into their equity for good reasons, like paying for their kids' college tuition, maybe doing an addition or some upgrades to their house. So again, you read that article and at first glance, it just seems like, "oh my God, we're all using our homes as ATM's". But when you look further, you realize that as Americans we have matured and we're a lot better with our money.

 

Is there a Recession coming?

This second article, it talks about the recession and how it's coming and it's going to be worse than ever. Read the title on that. "Will the US Fall into a Recession by the End of 2020 Half of Business Economists Think so". Here's the thing, a recession does not mean that the property values are going to go down or that the real estate market is going to crash. In fact, recession's have sometimes been good for real estate. Our last recession was caused by the real estate market and that's the reason why the real estate market was affected by it.

Take a look at this chart. Let me show you what it did in the past. If we're to look at the last five recessions we went through the first one we went up, property values went up 4.5%. On the second one, they went up 1.9%. On the third one it went down 0.9%, not even 1%. The fourth one property values went up 4.8%. and the last one, property values got hit like 13.9% nationwide. And guess what? That's because the recession was caused by the real estate market.

Here's the thing, if we go into recession at the end of 2019 or 2020 the way folks are expecting it to happen, it's not going to be a hit. It potentially won't even affect the real estate market because it's not going to be caused by the real estate market.

I hope that makes sense and I hope you can see that these articles out there are focused on selling click-throughs on website visits, or they're also focused on selling newspapers.

 

Want more information?

If you're looking for an accurate market analysis of your particular neighborhood, please reach out to us. We'll be happy to provide that for you. As you can see, we understand the market to a great deal and we want to share that information with you. We cover from LA to Palm Springs. Feel free to visit our website www.joseperezandassociates.com or give us a call at (951) 444-5811 we'd love to chat with you. Until next time. Have a great day!

March 7, 2019

Appraisal Versus Professional Evaluation

What's the Difference?

Hi, my name is Jose Perez with Keller Williams Realty. I want to share with you guys today the difference between an appraisal, and a home evaluation done by a professional Real Estate Agent like myself.

 

Definition of an Appraisal

So first we have an appraisal. The definition of an appraisal means an opinion of value. So the appraiser, he's actually going to put in thousands and thousands of hours of doing appraisal work before he can actually get his license and do appraisals on his own. The biggest difference is that they look at the past. They look at what homes sold for over the last six months in order to determine what the value is of your home.

 

Professional Home Evaluation

Now on the flip side, a home evaluation done by a professional agent like myself, we look at the past as well, but we also look at the present and the future. Meaning we're going to look at what the homes have sold for. In addition to that, we're going to find out what's currently in escrow, what is pending, and in addition to that, we're going to find out what's currently active on the market today. The reason why that's important because just like in high school where you studied economics and they talked about supply and demand, if there's no properties out there that are available in your area and your house is the only one that's available, supply and demand is going to kick in. So we look at the past, the present and the future. That's the biggest difference between a home evaluation and an appraisal.

 

Want More Information?

Until next time, please stay tuned or visit our website for more information joseperezandssociates.com.

March 1, 2019

How to Buy a House with No Money Down

Have you Heard of Stacking?

Hello. My name is Jose Perez. I'm here to share with you guys how to buy a house with zero down with what we call stacking. Have you ever heard of the word stacking? Not like your pancakes. This is where we stack a couple of loans together, so I'll show you guys how you can buy a $400,000 house with zero down.

 

From LA to Palm Springs

We sell real estate from LA to Palm Springs and every city in between we deliver a systematic approach to real estate. Are you ready to receive the red carpet experience with proven results? Then what are you waiting for? Let us put you on the map.

 

Traditional FHA Loan

So for instance, if you were buying a $400,000 property, typically most first time home buyers will get an FHA loan for 96.5 % of that is $386,000 usually that's 3.5% down. You need $14,000 in addition to that, you need about $12,000 which is approximately 3% for closing costs. That means for a $400,000 home, traditionally you're going to need about $26,000.

 

Stacking Loans for Zero Down

I'm going to show you guys how to stack some different down payment assistance programs so that you could buy with zero down. So same example, $400,000 purchase. We do a $386,000 FHA loan. We can obtain a 3.5% down payment assistance program as a second $14,000 then we could get a third for $14,000 that's 7% total that we can get through this program. In addition, if we get a motivated seller that's willing to credit us let's just say 1% of that purchase price. In essence, you ended up coming in with zero down.

 

Come Check Us Out!

So guys, if you were thinking about buying a house and the down payment seems to be holding you back, believe me, we have programs out there. There are over 24 different downpayment assistance programs that we have access to. Interest rates are low. So give us a call, (951) 444-5811 or inquire on our website at joseperezandassociates.com so you get find out about more programs that you might qualify for.