Monthly Archives: October 2019

Don’t Get Spooked by the Real Estate Market! 🎃💀🏘👻😈

In Today’s Complex Housing Market Buying a Home Can Be Scary…
🎃💀🏘👻😈

Starting your journey to buy a home can be scary if you aren’t familiar with everything that needs to happen! That’s why you need a trusted advisor who will be with you every step of the way in today’s complex housing market. Let’s connect so you don’t get spooked by the buying or selling process!

Not just a Realtor, your Realtor!
Ady Simion
Wishing you all a very safe and a fang-tastic Halloween!!!
🍭🎃💀👻😈🍫
http://www.adysimion.com

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

Housing Market Update/ October by the Numbers 🏘💲🏢

Numbers and statistics can give us a very good idea of what is happening in the housing market. Also, can help us make better decisions at the time of selling or buying a property. Here’s a look at how the numbers stack up today.

Homes are selling quickly, in an average of 31 days, and interest rates are still historically low. If you’d like to learn more about homeownership or your next move, let’s get together to discuss your best options.

Not just a Realtor, your Realtor!
Ady Simion

http://www.adysimion.com

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

Buying a home can be SCARY…Until you know the FACTS 💀👻🎃

Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:

♦ 71% of buyers who purchased homes have put down less than 20%.

♦ 78.1% of loan applications were approved last month.

♦ In September, the average credit score for approved loans was 737.

Contact me and let’s me show you how close you are from that not haunted home!

Not just a Realtor, your Realtor!
Ady Simion

 

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

How to use your Home Equity to move-up to your dream home. 💲🏠↗️🤗

Over 50% of homeowners have more than 50% equity in their homes. Current market trends make this a great time to use your equity to move-up to the home of your dreams. Contact me to determine how much equity you have to put toward your next home.

Not just a Realtor, your Realtor!

Ady Simion

DRE # 01897269

 

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

IN ESCROW – 456 FILLMORE ST, Pasadena CA 😉

IN ESCROW – Representing the Buyers

456 FILLMORE Street, Pasadena, CA 91106

3 Bed ▪ 3 Bath ▪ 1,708 SqFt ▪ 6,377 Lot SqFt

$1,198,000

You want a great negotiator on your side?
You know where to find me…

Not just a Realtor, your Realtor!
Ady Simion

DRE #01897269

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

Family Fun Fall Festival Pasadena 🍁🤩🍂🎃

This annual event is organized by the City of Pasadena and the 2019 edition is coming next Saturday!!! Take a look at what is all about, dress up and take the whole family with you.

Saturday, October 26, from 2:00 to 6:00 p.m.
VICTORY PARK
2575 Paloma St
Pasadena, CA 91107

Admission into this event is free!
Nominal fees will apply for main attractions.
For more info, call 626-744-7500
or visit: http://www.cityofpasadena.net/event/fall-festival/

Not just a Realtor, your Realtor!
Ady Simion
 

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

5 Homebuying Acronyms You Need to Know 🏡📑🔠

Some Highlights:

♦ Learning the lingo of homebuying is an important part of feeling successful when buying a home.
♦ From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them.
♦ My team and I are here to help you feel confident and informed from start to finish…and this infographic will help you as you go.

Contact me for more questions about this or any other part of the homebuying process.

Not just a Realtor, your Realtor!
Ady Simion

 

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

PODCAST Episode 50 – Housing Market Update 2019 🎙️👂🎧🔊

Not just a Realtor, your Realtor!

Ady Simion

 

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

Busting the Myth: Housing Affordability Crisis 🏡😫💲

It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the price of a home that matters, but the price relative to a purchaser’s buying power.

Homes, in most cases, are purchased with a mortgage. The current mortgage rate is a major component of the affordability equation. Mortgage rates have fallen by over a full percentage point since December 2018. Another major piece of the affordability equation is a buyer’s income. The median family income has risen by 3.5% over the last year.

Let’s look at three different reports issued recently that reveal how homes are very affordable in comparison to historic numbers, and how they have become even more affordable over the past several months.

1. National Association of Realtors’ (NAR) Housing Affordability Index:

Here is a graph showing the index going all the way back to 1990. The higher the column, the more affordable homes are:

 

Busting the Myth About a Housing Affordability Crisis 1

 

We can see that homes are less affordable today (the green bar) than they were during the housing crash (the red bars). This was when distressed properties like foreclosures and short sales saturated the market and sold for massive discounts. However, homes are more affordable today than at any time from 1990 to 2008.

NAR’s report on the index also shows that the percentage of a family’s income needed for a mortgage payment (16.5%) is dramatically lower than last year and is well below the historic norm of 21.2%.

 

Busting the Myth About a Housing Affordability Crisis 2

 

2. Black Knight’s Mortgage Monitor:

This report reveals that as a result of falling interest rates and slowing home price appreciation, affordability is the best it has been in 18 months. Black Knight Data & Analytics President Ben Graboske explains:

“For much of the past year and a half, affordability pressures have put a damper on home price appreciation. Indeed, the rate of annual home price growth has declined for 15 consecutive months. More recently, declining 30-year fixed interest rates have helped to ease some of those pressures, improving the affordability outlook considerably…And despite the average home price rising by more than $12K since November, today’s lower fixed interest rates have worked out to a $108 lower monthly payment…Lower rates have also increased the buying power for prospective homebuyers looking to purchase the average-priced home by the equivalent of 15%.”

3. First American’s Real House Price Index:

While affordability has increased recently, Mark Fleming, First American’s Chief Economist explains:

“If the 30-year, fixed-rate mortgage declines just a fraction more, consumer house-buying power would reach its highest level in almost 20 years.”

Fleming goes on to say that the gains in affordability are about mortgage rates and the increase in family incomes:

“Average nominal household incomes are nearly 57 percent higher today than in January 2000. Record income levels combined with mortgage rates near historic lows mean consumer house-buying power is more than 150 percent greater today than it was in January 2000.”

Bottom Line

If you’ve put off the purchase of a first home or a move-up home because of affordability concerns, let’s talk and take another look at your ability to purchase in today’s market. You may be pleasantly surprised how close you are from that dream home.

 

Not just a Realtor, your Realtor!

Ady Simion

Ady@AdySimion.com

Call/Text at 626-607-8652

 

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.

Is it the right time to sell or buy real estate? Housing Market Update 2019 🤨⁉️🏡

 

Is it a right time to sell or buy real estate?

🤨⁉️🏡
Housing Market Update 2019

Is now a good moment for buyers and sellers to take action in the Real Estate Market? Is it better to wait or sell/buy now? Is a housing crash coming soon? Is today’s house market a normal market? What is going on with interest rates and house prices?

 

Not just a Realtor, your Realtor!

Ady Simion

Ady@AdySimion.com

Call/Text at 626-607-8652

 

Ady Simion Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com

Click here…to check your home value in seconds!

Click here…to search great deals, foreclosures and short sales in your area.