Coldwell Banker Hallmark Realty
Zohrab Z Ashikyan
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Category Archives: Real Estate Blog | Agent Blog | Broker Blog | Realtor Blog

In This Blog Hall and Chambers Broker Shares Useful Real Estate Information Such As Mortgage Rates, Home Prices, Los Angeles Market Updates, Open Houses, Home Buying and Selling Tips, California Association of Realtors News, etc.

Welcome

What’s My Home Worth? Curious what your home is worth in today’s market?  Simply answer a few questions and we will provide you with a market evaluation highlighting exactly what your home is worth and why. Learn more >>>   Get Your FREE Valuation Report Now! Looking for a Home? Use our Tools to Search Homes and […]

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REAL ESTATE ASSOCIATION CALL TO ALL FIRST-TIME BUYERS

  CALLING ALL FIRST TIME BUYERS An overwhelming majority of recent buyers financed their purchase in 2015, despite above-normal activity from all cash buyers that likely pushed the percent share down. First time home buyers – usually younger buyers – were more likely to finance 6% The median down payment for first-time buyers. 14 % the median down payment […]

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TOP TEN MISTAKES HOME BUYERS MAKE

TOP TEN MISTAKES HOME BUYERS MAKE 1. Not realizing that if you don’t write a strong offer to purchase, the seller may reject or not respond to your offer. 2. Not realizing that if you don’t write a strong offer to purchase, you may lose the property to another more highly motivated buyer. 3. Not […]

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Home Prices Are Up – 2015

Real Estate prices on the uptick. According to the California Association of Realtors in 2015 interest rates and home prices rose compare to previous years. Because of this, housing affordability remains an issue for many would-be buyers.  The percentage of the buyers who could afford to purchase a median priced, single family home declined in […]

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Safety First – When Selling Your Home!

Safety First When Selling Your Home These guide lines should be followed to keep yourself and others safe when selling your real estate HIDE VALUABLES: Don’t forget to take your keys, credit cards,  jewelry and other valuables from from your home or lock them away Antique. rare, or expensive home decor items also should be put away […]

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TOP TEN LEGAL MISTAKES HOME SELLERS MAKE

1. Accepting the buyer with the highest offer without regard to the other contractual terms. 2. Not properly handling multiple offer situations with multiple buyers. 3. Not properly handling back-up offers. 4. Entering into an agreement with no earnest money deposit from the buyer, or a very small amount. 5. Entering into an agreement before […]

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Water Crisis and Retrofitting Houses for Efficiency

Droughts as part of Water Crisis brought up new laws in California. The new real estate legislation requires retrofitting houses for water efficiency. Data by California real estate association of REALTORS. Are we wasting in our homes? Water Crisis impacts the entire state of California including the real estate. A typical three bedroom single family house in California uses approximately 174,000.00 […]

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Home Buyers Confidence

Credit knowledge brings confidence to home-buyers! Spring and summer mean warmer weather, hot days and increase of home sales, according to California Association of Realtors data. However, new Experian survey suggests many home-buyers dread the process because they’re unaware of their credit scores. 70% of prospective home buyers who know their credit scores feel significantly […]

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Home For Sale by Owner

Home for sale by owner? Think you should think again… Be ready to negotiate Here is just a short list of people that you will have to negotiate with to sell your house: The Buyer The Buyer’s Agent The Buyer’s Bank. Lender or Mortgage Provider The Inspection Company The Appraiser The Title Company The Escrow or […]

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The Benefits of Home Ownership!

Personal Value of Real Estate! 88% of home owners report that owning a home has been a positive experience. Homeowner vs. Renter! Home owner’s net worth is 34 times  that of a renter’s. Most homeowners 95% and renters 75% believe that over a period of several years, it makes more sense to own a home than to […]

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