La Verne Real Estate Deals

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Read the article below to find out why and then contact the Leech Real Estate Group for more info!

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The better the economy is doing overall, the better most individuals in the country will do as well. Take a look at the report below to find out what four experts told the Wall Street Journal after reviewing last week’s report.

With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), on average, houses are receiving over four offers from buyers and they’re selling in less than three weeks. If you’re ready to make a move, let’s connect today so you can sell your house while the market is in your favor.

Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a down payment on the home of your dreams.

Who do you know that would love to see and buy this beautiful one story home for sale Please pass along to friends and family. Check out the photos and video below. This home has been updated / added on and completed in 2015. Asking $975,000 Call us , The Leech Real Estate Group of KW for more questions 626-806-9614 or 626-806-9610

Another New listing in Glendora with the Leech Real Estate Group of Keller Williams. Check out this beautiful 4 bedroom home near Seller’s elementary school. If you or anyone you know are looking to buy a home give us a call for this home or others we have listed for sale. This home is 1720 sq ft with a spacious 315 sq ft enclosed patio room which gives you over 2000 sq ft of space. Click on each photo to see the entire photo. Asking $839,000. Call us at 626-806-9614 or 626-806-9610 www.leechrealestategroup.net

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. The article below shows what a few industry experts have to say about the housing market and how it will bloom this season. Bottom Line The experts are very optimistic about the housing market right now. If you pressed pause on your real estate plans over the winter, let’s chat to determine how you can re-engage in the homebuying process this spring.

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest rate environment is projected to continue through this year. We expect interest rates to average below 3% through the end of 2021. While th...is is a modest rise from 2020 averages, the recent vote by the Federal Reserve to keep interest rates anchored near zero should keep rates low. As shown in the article below, Freddie Mac is projecting low rates going forward with a modest rise that’s expected to continue through 2022. Bottom Line If you’re ready to buy a home, it may be wise to make your move before mortgage rates begin to rise. Let’s connect to discuss how today’s low rates can create more opportunities for you this year.

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average homeowner by $17,000 in the last year alone. ATTOM Data Solutions, in their latest U.S. Home Equity Report, revealed that 30.2% of the 59 million mortgaged homes in the United States have at least 5...0% equity. That doesn’t even include the 38% of homes that are owned free and clear, meaning they don’t have a mortgage at all. How can equity help a household? Read the article below to find out more! Bottom Line Savings in any form is a good thing. The forced savings you can earn from making a mortgage payment enables you to build wealth through home equity. That equity can come in handy in both good and more challenging times.

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrors that of the last housing boom and, as a result, we’re now headed for another crash. However, there are many reasons this real estate market is nothing like 2008. The article below details six visuals to show the dramatic differences.

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Below in the article are five reasons why this is the perfect time to sell your house if you’re ready. Bottom Line Today’s housing market belongs to the sellers. If you’ve considered making a move but have been waiting for the right market conditions, your wait may be over. Let’s connect so you’ll be positioned to win when you sell your house this spring.

There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time that’s largely uncertain. If you’re a repeat buyer looking for your dream home, making a move might give you the space or features you need to find greater success and happiness in a new normal way of life. Whatever... your motivations are, here are three reasons why becoming a homeowner now may help you win big in the long run. Read the article to read more! Bottom Line Buying a home sooner rather than later could lead to substantial savings and long-term financial growth. Let’s connect to determine if homeownership is the right choice for you this year.

Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desire. If you’re ready to fall in love with a home of your own, let’s connect to get you started on the path to homeownership.

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time to sell. Read the article below to find out why the chief economist for Frannie Mae believes they are right. Bottom Line... If you pressed pause on selling your house last year, now may be the best time to put your plans back into motion while inventory is so low. Let’s connect today to get the process started. See more

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low interest rates are keeping monthly mortgage payments about 23% lower than the typical payment of 20 years ago. Despite the facts, misleading headlines persist, and they impact how hopef...ul homebuyers perceive the market. In a recent survey by realtor.com, home shoppers indicated they were surprised by what they could actually afford when buying their first home. In fact, 47% discovered their budget was larger than they expected. Read the article below for more info! Bottom Line Whether you’re a first-time buyer or a move-up buyer, don’t let the headlines scare you away from your dream of homeownership. Instead, connect with mortgage and real estate professionals to determine what you can afford and what’s available at that price. Like almost half of the buyers in the survey, you may be pleasantly surprised.

Suggested Caption & Hashtags: A lot of homeowners are wondering if this really is the right time to sell their house. The answer for most is a big Yes! since a shortage of homes for sale is driving high buyer competition. DM me if you’re ready to take the first step toward selling your house this year. #sellyourhouse #timetosell #homeselling #moveuphome #dreamhome #realestate #realestateagent #realestateexpert #realestateagency #realestateadvice #instarealtor #realestatetipsoftheday #realestatetipsandadvice #justsold #keepingcurrentmatters

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division of Research and Statistics, explains: House prices nationwide recorded the largest annual and quarterly increase in the history of the FHFA Home Price Index. Low mortgage rates, pent up demand from homebuyers, and a limited housing supply propelled every region of the country to experience faster growth in 2020 compared to a year ago despite the pandemic. Read the article below to find out more!

Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat. Let’s connect today if you’re ready to learn about the leverage you have as a seller in today’s housing market.

New on the market! Leech Real Estate Group has this Glendora home in the market. It’s a beautiful one story remodeled and updated home with 3 bedrooms, family room and spacious kitchen. It has 2400+ sq ft home. The family room could be a in law suite with the full bath next to it. Wonderful back patio and private yard with detached garage. Asking $975,000. There are a lot of newer amenities. Please call us for more information. 626-806-9614 Please pass along to family and fri...ends who are looking to buy a home. #realestate #californiarealtor #californiarealestate #glendora #losangelescountyrealestate #realtors See more