Los Angeles Summer 2016 Home Price Update

    We have an IMPORTANT UPDATE for you about the value of your Los Angeles home!

    If you’ve been following the news, the Federal Reserve is likely to raise interest rates when they meet on June 15th. It’s been all over the news these past few weeks.

    And in all likelihood, this interest rate hike will raise mortgage rates. This makes it more expensive for people to own a home by raising their mortgage payments.

    It also decreases your pool of buyers, thus lowering the value of your home.

    Further, after a 6-year record run up in home prices since the 2008-2009 recession, this may be the last year to get the maximum price on your home sale. Right now, your home is worth more than ever before!

    It’s likely that we may see a market correction next year.

    Here in Los Angeles, we’re still seeing neighborhoods with very tight inventory. This means that if you list your home for sale, it will sell quickly and possibly above asking price.

    In other neighborhoods, sales are slowing down. Home prices are lower than they were last year, or leveling off.

    We write you because this summer is the best time to sell your home to get the maximum price.

    If you are thinking about selling your home, we have a special gift for you…

    We purchased all the recent Los Angeles home sales data and put it on our website for you – for free.

    You can find out what your home is worth right now based on your neighbor’s recent home sale price.

    Want to know what your home would sell for today?

    Enter your home address HERE to learn what price your home is worth.

    (Yes, we paid money for this and it’s free to you. It’s the same information we as Realtors® use to determine the value range for your home.)

    Now, it’s an estimate. There are more factors – such as your kitchen, bathrooms, and improvements – that will certainly effect your final sales price.

    If you’re thinking about selling your home, call us at 310-432-5755 or reply back to this email.

    With a few questions about your home, we’ll fill you in on what price it will sell for today, at no charge.

    We’ve worked with many home buyers recently and know exactly what people are looking for in the hottest homes.

    Our estimates are right on the money.

    And not to worry – if you’re thinking about buying a new home we’ll share with you the areas in Los Angeles where home prices are now more affordable.

    You may be able to live in a nicer area that you previously thought unaffordable.

    We can also help you secure a low, fixed rate mortgage without junk fees with a minimal down payment.

    We’ll put you in touch with our preferred lender, Movement Mortgage, and using their proprietary “6-7-1 Program,” you can find out exactly what you can afford and get an underwritten pre-approval letter in just 6 hours!

    Anyhow, we write you since we’re coming up on the hottest home selling season we’ve seen in years. In fact, our research shows that in the past 3-5 years, homes sells FASTEST in June!

    Our economy is normalizing, interest rates will rise, and pent-up demand following the 2008-2009 recession is less.

    This is the summer to sell your home.

    We invite you to find out what your home will sell for with our free home valuation report tool.

    You can also reply to this email or call us at 310-432-5755. We’re happy to answer any questions you have about Los Angeles real estate.

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