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Saturday, October 19, 2019

Accepting Offers Starting at $710,000.00 - OPEN HOUSE-Accepting Offers Starting at $710,000.00 - OPEN HOUSE Sunday October 20th from 2-4PM - Drop By and say Hello 😊

Accepting Offers Starting at $710,000.00 - OPEN HOUSE Accepting Offers Starting at
$710,000.00 - OPEN HOUSE Sunday October 27th from 2-4PM
- Drop
By and say Hello 😊

S: This 1914 Jefferson Park Craftsman has been gently rehabbed and is ready for its’ new owner, YOU! As you enter through the gated front yard the drought res...This 1914 Jefferson Park Craftsman has been gently rehabbed
and is ready for its’ new owner, YOU! As you enter through the gated front yard
the drought resistant landscaping leads you up to the front porch with a cozy
nook for your evening cocktails. You access the secure entry (full security
system included) and enter through the front door into the enormous living room
and dining room. An Oversized Master Bedroom with en-suite Master Bath is very
rare in this neighborhood, and we have one. This 3 bedroom 2 bath with a full
family room, which can double as a fourth bed room, is an incredible value and
priced at the lowest price per square foot of any rehabbed home in the area!

Zillow, RedFin & CoreLogic Estimate this home’s value
between $851,000 - $888,000 and over 4.5% Appreciation in 2020
Located within walking distance of the Metro Blue Line, Expo-Line
and close to the 10 Freeway for easy commutes to DTLA, USC, Century City, Santa
Monica…
Extra Bonus: The 2 car garage maybe converted to an income
producing ADU or a guest home for Grandma & Grandpa!
Investors, projected rent for this home is about
$3,300/month with an additional $750/month for an ADU. Development in this area
is booming with numerous construction projects up and running.
Walk Through Video: https://youtu.be/8eShAQsbXOU

Friday, October 18, 2019

SoCal Homes Are Selling Quickly #INFOGRAPHIC #SellYourHomeForMoreandPayLess, #TimeToSell #ChrisBJohnsonRealtor, #SellersPayZEROCommission, #ListYourHomeAndPayNoCommission, #BetterThanFSBO, #5StarREALTOR®, #FixandFlip, #RealEstateInvestor, #TopProducer, #AJIBoom,

SoCal Homes Are Selling Quickly #INFOGRAPHIC: The National Association of REALTORS® surveyed their members for the release of their Confidence Index.The REALTORS® Confidence Index is a.................https://chris-b-johnson-realtor.business.site/
BY 
Real Estate Agent with Allison James Elite CA. BRE 01501699
 
Homes Are Selling Quickly [INFOGRAPHIC] | MyKCM
Homes Are Selling Quickly [INFOGRAPHIC] | MyKCM

Some Highlights:



The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
POSTED BY



#SellYourHomeForMoreandPayLess, #TimeToSell #ChrisBJohnsonRealtor, #SellersPayZEROCommission,  #ListYourHomeAndPayNoCommission, #BetterThanFSBO, #5StarREALTOR®, #FixandFlip, #RealEstateInvestor, #TopProducer, #AJIBoom,

Thursday, October 17, 2019

Market Melt Down?? This is NOT the 2008 Real Estate Market #TimeToBuy,#FirstTimeHomeBuyers,#MoveUpHomeBuyers,#5StarREALTOR,#HyperLocal, #ChrisBJohnsonREALTOR,#TopProducer,#FlipandFix,#RealEstateInvestor,#RentalProperties, #BoomerageBuyers,#MultiGenerationalBuyers,#AJIBoom,#FindYourDreamHome,#PreApproval

Market Melt Down?? This is NOT the 2008 Real Estate Market: No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing............BY 
Real Estate Agent with Allison James Elite CA. BRE 01501699
 
3 Reasons This is NOT the 2008 Real Estate Market | MyKCM
No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, however, the market is very different now. Here are three suppositions being put forward by some, and why they don’t hold up.

SUPPOSITION #1

A critical warning sign last time was the surging gap between the growth in home prices and household income. Today, home values have also outpaced wage gains. As in 2006, a lack of affordability will kill the market.

Counterpoint

The “gap” between wages and home price growth has existed since 2012. If that is a sign of a recession, why didn’t we have one sometime in the last seven years? Also, a buyer’s purchasing power is MUCH GREATER today than it was thirteen years ago. The equation to determine affordability has three elements:  home prices, wages, AND MORTGAGE INTEREST RATES. Today, the mortgage rate is about 3.5% versus 6.41% in 2006.

SUPPOSITION #2

In 2018, as in 2005, housing-price growth began slowing, with significant price drops occurring in some major markets. Look at Manhattan where home prices are in a “near free-fall.”

Counterpoint

The only major market showing true depreciation is Seattle, and it looks like home values in that city are about to reverse and start appreciating again. CoreLogic is projecting home price appreciation to reaccelerate across the country over the next twelve months.
Regarding Manhattan, home prices are dropping because the city’s new “mansion tax” is sapping demand. Additionally, the new federal tax code that went into effect last year continues to impact the market, capping deductions for state and local taxes, known as SALT, at $10,000. That had the effect of making it more expensive to own homes in states like New York.

SUPPOSITION #3

Prices will crash because that is what happened during the last recession.

Counterpoint

It is true that home values sank by almost 20% during the 2008 recession. However, it is also true that in the four previous recessions, home values depreciated only once (by less than 2%). In the other three, residential real estate values increased by 3.5%, 6.1%, and 6.6%.
Price is determined by supply and demand. In 2008, there was an overabundance of housing inventory (a 9-month supply). Today, housing inventory is less than half of that (a 4-month supply).

Bottom Line

We need to realize that today’s real estate market is nothing like the 2008 market. Therefore, when a recession occurs, it won’t resemble the last one.

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Chris B. Johnson REALTOR® Specializes in Luxury Estates and Home Auctions. Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve. I believe in Quality, NOT Quantity.


The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
POSTED BY
#TimeToBuy,#FirstTimeHomeBuyers,#MoveUpHomeBuyers,#5StarREALTOR,#HyperLocal,
#ChrisBJohnsonREALTOR,#TopProducer,#FlipandFix,#RealEstateInvestor,#RentalProperties, #BoomerageBuyers,#MultiGenerationalBuyers,#AJIBoom,#FindYourDreamHome,#PreApproval