Mario and Angelina Perales

The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain in their home equity. This surge in equity has given most homeowners the opportunity to use that equity in one of two ways: 1. Refinance to cash out som...e of the equity or lower their current payment An abundance of equity and record-low mortgage rates can make refinancing a home very easy. Some homeowners choose to refinance so they can lower their payment. Others convert a portion of the equity to cash while keeping their monthly payment the same. 2. Move to a home that better fits their current needs The past year prompted many households to redefine what a dream home really means, and it’s something different to everyone. Those who have a high mortgage rate could use their equity as a down payment and perhaps buy their next home without significantly raising their mortgage payment. Whether you’re refinancing your house or moving to a new home, your current mortgage rate and your level of equity are crucial in your decision-making process. Look at your mortgage documentation to find out your interest rate, and then DM me to determine the potential equity in your home. You may be surprised by the opportunities you have. #MarioAndAngie #EGAHomes #ThePeralesRealtyGroup #VASpecialist #VeteranSupport

Mastery is a journey, and the master must have the courage to risk failure. #GeorgeLeonard #MarioAndAngie #EGAHomes #ThePeralesRealtyGroup #Realtor #VASpecialist #VeteranSupport

If you're in a position to sell your house, the market is clearly in your favor. Let's connect today to get your house sold this spring. #MarioAndAngie #EGAHomes #ThePeralesRealtyGroup #VASpecialist #VeteranSupport

Homebuyers are flooding the housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon, since experts forecast a steady rise in both rates and home prices this year and next. As a result, buyer demand greatly outweighs the current housing supply. Here’s how the shortage of houses for sale sets yours up to be the oasis in an inventory desert. According to the National Association of Realtors (NAR), today’s housin...g inventory sits at an incredibly low 2.1-month supply, far below the 6-month mark for a neutral market. Inventory of single-family homes a year ago was already very low, and this year’s levels are even lower. Due to these market conditions, today’s buyers frequently enter fierce bidding wars while trying to purchase a home. This in turn drives up home prices and gives sellers incredible leverage in the negotiation process, two big wins if you’re going to sell your house this year. In such a hot market, it can feel as though the supply of homes has virtually dried up, leaving buyers to wander in an inventory desert. That’s why there’s never been a better time to sell. To a parched buyer needing to secure a home as soon as possible, your house could be a true oasis, so DM me today to learn more. #MarioAndAngie #EGAHomes #ThePeralesRealtyGroup #VASpecialist #VeteranSupport

Home prices are forecast to increase for the next five years, and homeowners are poised to build substantial #homeequity as a result. If you’re in a position to buy a home, this is a great time to do so and begin building your net worth. DM me to learn more about the opportunities available in our local market. #MarioAndAngie #EGAHomes #ThePeralesRealtyGroup #VASpecialist #VeteranSupport

It's a great time to make the dream of homeownership a reality. Let's connect if your heart is set on homeownership this year. #Americandream #MarioAndAngie #EGAHomes #ThePeralesRealtyGroup #VASpecialist #VeteranSupport

It's our 1 year anniversary of working as a team. It's been a great year. #MarioAndAngie #ThePeralesRealtyGroup #EGAHomes

May the 4th be with you. #StarWarsDay #StarWarsFan #StarWars #MarioAndAngie #EGAHomes #ThePeralesRealtyGroup #VASpecialist #VeteranSupport

A river cuts through rock, not because of its power, but because of its persistence. #JamesWatkins #MarioAndAngie #EGAHomes #ThePeralesRealtyGroup #VASpecialist #VeteranSupport