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RE/MAX Agents Outperform the Competition

RE/MAX CEO, Margaret Kelly, discusses how RE/MAX agents are successfully helping more home buying and selling consumers. Sales statistics show that for 13 consecutive years RE/MAX agents have out- performed the competition, and are working hard to better serve their clients. Nobody in the world sells more real estate than RE/MAX.

Antelope Valley Real Estate Experts

Introducing the RE/MAX All-Pro Minute

A panel of experts answering questions
from home-owners, home-buyers, and investors

 

Have a question? CLICK HERE to contact us for an answer 

Your question may be posted in our next video to help others get the answers they need!

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Buying Homes in the Antelope Valley; Palmdale/Lancaster Real Estate

 Buying Homes in the Antelope Valley; Palmdale/Lancaster Real Estate

Have you noticed how some “housing experts” say that demand is “overwhelmed by supply” while others throw out estimates of an “excess supply” of over three million homes? Yet, buyers keep saying how there‟s nothing to choose from? Worse yet, when they do finally find a home they want, they often submit an offer only to find that theirs is one of multiple offers the seller‟s received! Do you have a bidding war and multiple offers in your market on any listings? What‟s going on? How can in- ventory be high with slim pickings and multiple offers? According to one study, although listings may be up from January-which is true every year due to the annual winter hibernation of the housing market-on-market inventoryand new listings, are actually down from this same time last year. The study continues, “every „major market‟ except Las Vegas has less listings than this time in 2010”! Moreover, new listings of non-distressed homes, which are more frequently well-kept and owner-occupied (i.e. the kind of home that most non-investor buyers are interested in), are falling over twice as fast as bank-owned (REO) listings. Where all the listings are hiding? -Jack

From the study, “If we don‟t start to see more listings from owners who have the equity to put their homes on the market, prices of increasingly rare non-distressed listings seem likely to stop falling soon, just due to basic supply and demand. Of course, that claim leads to the big ques- tion: howsoon?” Although supply and demand are the primary drivers of the real estate market, prices seem to react to these inputs with ice-age speed. When the bubble was inflating, it took over a year of declining sales and increasing inventory before prices peaked and began to fall, and although on-market inven- tory has been declining since mid-2008, the slow recovery of sales along with a shift in psychology away from home ownership has delayed the turnaround of prices (and this isn‟t even considering all the government intervention!) As Calculated Risk recently pointed out, home prices are not far above their historic lows, although it‟s a pretty safe bet that we‟ll have a bit of an overshoot on the downside, followed by at least a few years of flat prices (which is down when inflation is factored in). Foreclosures are still quite high and will likely take three to five years to work through, but growth in both the beginning and the end of the foreclosure pipeline seem to be backing off their 2010 peaks. The worst seems to be behind us on that front. Every region has different dynamics, but with generally lousy selection, slowly recovering sales, and year‟s worth of foreclosures to work through, where does that put us today, and through the end of this year? Barring some unforeseen economic events, some believe that home prices will likely stop falling by this time next year, while others expect prices to end the year higher than where they are today. Sales will continue their slow increases, foreclosures will be slowly but surely absorbed (many by all-cash investors), and hopefully, non- distressed sellers will begin to return to the market. In the end, nobody is able to perfectly time the market, and no matter where anyone thinks the bottom is, they‟re probably wrong. Is buying a home today less risky than it was five years ago? Absolutely. Will buying a home ever be a risk-free proposition? Unfortunately, no.

Did You Know………that while gloom and doom about the housing market dominate the news, it may be overlooked that it might be a great time to buy! In a recent survey, 64% of respondents say that they think it‟s a good time to buy a house. We all know the average median house price is down almost 10% from its peak in 2007, take a closer look at the attachments to this week‟s Newsletter at when homes have been at their cheapest.


 

Thank You For Making RE/MAX All-Pro #1

Thank You For Making RE/MAX All-Pro #1

Keny and Cheyanne Terracciano take the time to thank all of our RE/MAX All-Pro customer’s, who voted us #1 in customer satisfaction for home buying and home selling in 2011. The award is presented by JD Power and Associates, who take customer surveys based on the customer’s review and rank multiple companies accordingly. RE/MAX All-Pro not only won, but we dominated both categories. Thank you to ALL of our customers for helping us become #1. We believe our first responsibility is to our clients. To meet their need, everything we do must be of the highest quality. From marketing and advertising to closing an escrow. If you or someone you know is buy or sell a home, RE/MAX All-Pro is the best option. Call us today at (661)945-9461 OR visit us online at http://remaxallpro.com.

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Let Us Help You Achieve The American Dream

Rent vs. Own

 

Q.

I am currently renting a home in east Lancaster for $1300 per month. I am considering buying a home but I don’t know where to start.

A.

 

Many families who are currently renting have made the decision and taken the steps to become homeowners.

The Savvy renter understands that they can pay much less per month to own their own home in than to continue renting.

RE/MAX All-Pro listed this home in East Lancaster for $103,900, and I think it’s a great example of what we are talking about today. We have Gabby- Godde with Mountain West Financial here within the Re/Max All Pro office to talk about the financial aspects of purchasing a home like this with you.


 

 

So with average rents in East Lancaster ranging from $1200-$1400 per month, we are talking about a savings between $200-300 per month

 

Current housing market conditions in Lancaster and Palmdale makes for a strong and compelling case for homeownership. With prices still well below the historic highs of just a few years ago and attractive mortgage rates, qualified buyers have a unique opportunity to own their own home.

It is important to consider all aspects of purchasing a home. There are costs of homeownership that are not included in this breakdown such as the maintenance and utilities of a home; however, there are also some compelling reasons to strive for the “American Dream.”

If you or anyone you know is interested in buying or selling a home, Re/Max All-Pro can help! Call us today for all your Palmdale Real Estate needs at (661)945-9461 OR visit our website at http://www.remaxallpro.com

What is a HELP Certified Specialist?

What is a HELP Certified Specialist?

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There was a time when a professionals word and expertise could be counted on and their commitment to placing your needs above their own was a given.  Not only was it expected and accepted as the norm, for a professional to do otherwise caused them to be ostracized to such a degree that they had to literally leave the business.

Today, sadly, far too often the public encounters “professionals” who may have been able to pass the initial test in order to be affiliated with their chosen profession, but they fail to adhere to the sprit in which their professional standards originally called out for.

When Sociologists study what led to the worst housing crisis since the Great Depression, they point out two main culprits: ignorance and greed.  Ignorance on the consumers part and greed on the professionals side.  USA HELP’s goal is to successfully address both of these issues now and into the future.

USA HELP, Inc. is a non-profit corporation dedicated to being a resource for consumers and professionals alike with respect to housing and lending.  We have set up training courses to assist homeowners and home buyers understand the process a little better and ensure that the consumer will be less likely to be taken advantage of.  We believe in consumer protection through education.

So what is a HELP Certified Specialist?  They are the new Gold Standard.  A HCS is one who has agreed to be listed on our site, only after attending, at their own expense, a two day intensive course consisting of the following;

  • Annual (As opposed to every four years) Ethics & Agency training
  • Review of Fiduciary Responsibility and updates on the Business & Professions Code
  • Critical cross training of Realtors & lenders to benefit the public
  • Understanding FHA’s mission and major benefits to the public
  • Understanding VA’s mission and major benefits to the public
  • Short sale training and understanding the REO market to benefit the public
  • Understanding loan modifications & what is legal & what is not & who qualifies
  • Understanding ALL of the first time buyer programs and unique lending opportunities that exist today and where to find them.


The professionals must pass a written test with a passing grade of 80% or higher.  In addition, they will have signed HELP’s Code of Conduct, which will afford HELP the ability to remove from our list, immediately, those who fail to uphold the standards we have set forth in order to best serve the publics interest.

It is an honor to be a HELP Certified Specialist and the potential referrals from the public is a reward that places you in control for the first time.  No longer will you the public have to file numerous complaints against those who refuse to honor their commitments and act in a professional manner.  A team of their peers will review consumer complaints and act in the best interest of the public.  Penalties may range from being removed from our list of Certified Professionals to HELP actually filing a complaint on the consumer’s behalf.

HELP’s goal is to be a resource for the public and reward/highlight those are willing to set themselves apart.  HELP will educate you the public, for profit professionals, public agencies for non-profit professionals so that those who would deceive or otherwise act in a manner which does not place the clients interest above their own, will have a far more difficult time.  Knowing ones rights and the proper qualifying questions to ask will ensure those who act responsibly and honestly will no longer be at a competitive disadvantage.  Consumer protection through education, a goal we can and must achieve.

800.336.3629 Bringing families Home Serving the Entire Antelope Valley Since 1990 Find more at http://remaxallpro.com