Archive for Short Sales

Buying A Moorpark Home Is More Affordable Than Renting In 54% Of US Counties

Buying A Home Is More Affordable Than Renting In 54% Of US Counties

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Real Estate Agent with Allison James Elite CA. BRE 01501699

#TimeToSell #ChrisBJohnsonRealtor #SellersPayZEROCommission #ListYourHomeandPayNoCommission

Your home is probably the biggest asset you own. This is why you should hire a professional to guide youthrough all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell ahome. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve….

Buying A Home Is More Affordable Than Renting In 54% Of US Counties | MyKCM

According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.”

For the report, ATTOM Data Solutions compared recently released fair market rent data from the Department of Housing and Urban Development with reported income amounts from the Department of Labor and Statistics to determine the percentage of income that a family would have to spend on their monthly housing cost (rent or mortgage payments).

Daren Blomquist, Senior Vice President of ATTOM Data Solutions had this to say:

“Although buying is still more affordable than renting in the majority of U.S. housing markets, the majority is shrinking as home price appreciation continues to outpace rental growth in most areas.”

However, the report also shows that the average fair market rent rose faster than average weekly wages in 60% of the counties analyzed in the report (266 of 447 counties). With rents rising, many renters should consider buying a home soon.

Bottom Line

Rents will continue to rise, and mortgage interest rates are still at historic lows. Before you sign or renew your next lease, let’s get together to help you determine if you are able to buy a home of your own and lock in your monthly housing expense.

 

 

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Chris B. Johnson is a REALTOR® who Specializes in Short Sale and REO Transactions. Chris has been Certified as a California Association of Realtors HAFA Specialist, a National Association of Realtors Short Sale and Foreclosure Resource, Chris B Johnson Realtor is a Certified Distressed Property Expert, Certified Short Sale Negotiator, Certified Default Advocate and Certified Pre-Foreclosure Specialist. With a full time staff dedicated to short sale negotiations and transactions, we have been successful with (almost) every short sale to date.  LinkedIn Pro    UpNest    What’s Your Home Worth?

Number 1 Realtor in Moorpark*, Top Five Realtor’s in Ventura County*, *AR Best Real Estate Agent, Luxury Home Specialist, Find Bank Owned REO Homes, Short Sale Specialist, Ventura County Homes for Sale, Your BEST CHOICE FOR A REALTOR IN VENTURA COUNTY CA,
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
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#ChrisBJohnsonRealtor #TimeToBuy Your Friends Are Crazy Wrong If They’re Telling You Not to BUY NOW!

About Me

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Chris B. Johnson is a REALTOR® who Specializes in Short Sale and REO Transactions. Chris has been Certified as a California Association of Realtors HAFA Specialist, a National Association of Realtors Short Sale and Foreclosure Resource, Chris B Johnson Realtor is a Certified Distressed Property Expert, Certified Short Sale Negotiator, Certified Default Advocate and Certified Pre-Foreclosure Specialist. With a full time staff dedicated to short sale negotiations and transactions, we have been successful with (almost) every short sale to date.  LinkedIn Pro    UpNest    What’s Your Home Worth?

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#TimeToSell #ChrisBJohnsonRealtor Moorpark Homeowners Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope!

Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope!

Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope! | MyKCM

Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place.

According to data from the National Association of Realtors’ Profile of Home Buyers & Sellers, the average amount of time that a family stays in their home remained at 10 years in 2017. This mark ties the highest marks set in 2014 and 2016. Back in 1985, when data was first collected on this subject, homeowners stayed in their homes for an average of only 5 years.

There are many reasons why homeowners have decided to stay and not to sell. A recent Wall Street Journal article had this to say,

“Americans aren’t moving in part because inventory levels have fallen near multidecade lows and home prices have risen to records. Many homeowners are choosing to stay and renovate, in turn making it more difficult for renters to enter the market.” 

Sam Khater, Deputy Chief Economist for CoreLogic, equated the lack of inventory to “not having enough oil in your car and your gears slowly [coming] to a grind.”

Historically, a normal market (in which prices increase at the rate of inflation) requires a 6-7 month supply of inventory. There hasn’t been that much supply since August of 2012! Over the course of the last 12 months, inventory has hovered between a 3.5 to 4.4-month supply, meaning that prices have increased and buyers are still out in force!

Challenges in the new-home construction market have “helped create a bottleneck in the market in which owners of starter homes aren’t trading up to newly built homes, which tend to be pricier, in turn creating a squeeze for millennial renters looking to get into the market.”

“Economists said baby boomers also aren’t in a hurry to trade in the dream homes they moved into in middle age for condominiums or senior living communities because many are staying healthy longer or want to remain near their children.”

So, what can you do if you feel stuck & want to move on?

Don’t give up! If you are looking to move-up to an existing luxury home, there are deals to be had in the higher-priced markets. Demand is strong in the starter and trade-up home markets which means that your house will sell quickly. Let’s work together to build in contingencies that allow you more time to find your dream home; the right buyer will wait.

 

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THIS WEEK’S Ventura County MORTGAGE RATE TREND IS DOWN #TimeToBuy 

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Real Estate Agent with Allison James Elite CA. BRE 01501699

#TimeToBuy #ChrisBJohnsonRealtor

Your home is probably the biggest asset you own. This is why you should hire a professional to guide youthrough all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sellhome. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve. I would also lose touch with my past clients and would not be available to help where needed. I take pride in working personally and individually with each of my clients. Once you are my client, you will work me from the beginning to the end of the transaction. When you call, you will get me directly, not my assistant or secretary. I have been a financial and real estate consultant for the past 30 years and have specialized in loan loss mitigation, short sale negotiation and REO marketing since 2005. I know how to negotiate contracts and navigate through the most difficult transactions. I am a member of, and Certified by the National Association of Realtors as a Short Sale and Foreclosure Resource, and Broker Price Opinion Resource. I am a Member of, and Certified by the California Association of Realtors as a Certified Home Affordable Foreclosure Alternative Specialist. I am a Certified Distressed Property Expert, Certified Short Sale Negotiator, Certified Pre-Foreclosure Specialist and Certified Default Advocate. For more please go to my LinkedIn Profile. Thank You!! And I look forward to hearing from you!

Weekly Mortgage Rate Update

The two big economic reports this week were released on Friday. Investors placed more weight on tame inflation data than on strong retail sales figures, causing mortgage rates to improve. Wednesday’sminutes from the September 20 Fed meeting contained little new information and the reaction was small. As a result, mortgage rates ended the week a little lower.

THIS WEEK’S RATE TREND IS DOWN

This is intended to be informational to the real estate industry only and is not to be used with respect to an individual consumer who may be seeking mortgage credit, as certain information is not included, such as the APR.  Rates are subject to change. Above rates are based on a 75% LTV, owner occupied, purchase, 740 credit score and zero origination points.  Rates vary by situation so please call for a personalized rate quote.

Thank you for considering me for your mortgage needs. I appreciate the opportunity to earn your business.

WORK PHONE: 

805.577.9105
EMAIL: 

cherylh@broadviewmortgage.com
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#TimeToSell #ChrisBJohnsonRealtor Things You Don’t Want to Hear from Your Moorpark Listing Agent

Tuesday, October 3, 2017

Things You Don’t Want to Hear from Your Ventura County

Things You Don’t Want to Hear from Your Ventura County Listing Agent #TimeToSell #ChrisBJohnsonRealtor: #TimeToSell #ChrisBJohnsonRealtorYou’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. Yo

Monday, October 2, 2017

Which Ventura County Homes Have Increased the Most in V

Which Ventura County Homes Have Increased the Most in Value: #TimeToSell #ChrisBJohnsonRealtorHome values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National A

Thursday, September 28, 2017

Thinking of Selling your Ventura County Home? Competiti

Thinking of Selling your Ventura County Home? Competition Is Coming #TimeToSell #ChrisBJohnsonRealtor: #TimeToSell #ChrisBJohnsonRealtor Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your

Tuesday, September 26, 2017

Is 2018 Looking Really Good for Ventura County Housing?

Is 2018 Looking Really Good for Ventura County Housing #TimeToBuy #ChrisBJohnsonRealtor: #TimeToSell #ChrisBJohnsonRealtor Click On The Picture Above For The StoryYour home is probably the biggest asset you own. This is why you should hire

Your BEST CHOICE FOR A REALTOR SERVING VENTURA COUNTY

Your BEST CHOICE FOR A REALTOR SERVING VENTURA COUNTY: #TimeToSell #ChrisBJohnsonRealtor Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your

Friday, September 22, 2017

Lack of Existing Home Inventory Slows Sales Heading int

Lack of Existing Home Inventory Slows Sales Heading into Fall #TimeToSell #ChrisBJohnsonRealtor: #TimeToSell #ChrisBJohnsonRealtor Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your

Wednesday, September 20, 2017

More Americans Say Now is a Good Time to Sell! #TimeToS

More Americans Say Now is a Good Time to Sell! #TimeToSell #ChrisBJohnsonRealtor: #TimeToSell #ChrisBJohnsonRealtor Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your

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#MoorparkShortSaleSpecialist Want to Keep up with the Joneses? Now’s the #TimeToSell

Chris B Johnson Realtor, Ventura County Short Sale Specialist, Certified REO Bank Owned Realtor

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Real Estate Agent – Allison James Elite – CA. BRE 01501699
Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. Call Me.

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Chris B Johnson, REALTOR®Quality Not Quantity #ChrisBJohnsonRealtor (Allison James Elite)

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REALTOR®Quality Not Quantity #ChrisBJohnsonRealtor
Is it Too Late to Short Sell My Home??
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Moorpark Short Sale Specialist Moorpark Short Sale Help #ChrisBJohnsonRealtor

Time To Buy OR Time To Sell Your Thousand Oaks Home?? - CDPE

Google+   Chris B Johnson, REALTOR®SFR®CDPE®, CHS®

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Are Home Values UP or Down?         Ventura County Market Updates

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Short Sale HELP/Homepage/Moorpark/Simi-Valley/Thousand-Oaks/Camarillo/Ventura-County - CDPE

Short Sale HELP!!                     

Did you know that home prices in our market have gone up over the last year? On average, Ventura County Home values rose over 20% from this time last year. In fact, in many markets nationwide, home prices are near their 2006 peak! Yet many homeowners in our community don’t realize just how much the housing market has improved. How much has your homes values increased?
If you or someone you know are one of the millions of homeowners who were underwater on their mortgage, or have been waiting to sell your home until the market improved, now may be the time to sell!
I have a report that explains why prices keep rising and why your home is probably worth more than you think. You can download the report from my website by clicking here.
Do you know how much your home worth? After reading the report, contact me today for a free market analysis.

Chances are, you or someone you know in the Conejo Valley is facing the possibility of foreclosure. But you need to understand that you are not alone.

Today, 1 out of every 6 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it’s important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged.

Through my experience handling distressed properties at Prudential California Realty, I’ve found that homeowners today have more questions than answers about their circumstances. I have created this site to help you understand the possible solutions to foreclosure, as well as provide a detailed explanation of short sales, which may be the best course of action for some homeowners.

You may also have noticed that I’m offering you a FREE Report to explain your options and help you decide on a course of action. The idea of losing a home can be overwhelming, and I feel it is vital for you to have all the facts necessary to make an informed decision.

As an agent with the CDPE® Designation, I have a strong and unique appreciation of the factors affecting themarket, and know that there are options available to you.

If you would like to know more about your options, please call me at (805) 208-0823.

I am here to help … in any way I can.

Chris B Johnson

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Moorpark Home Values Moorpark Short Sale Specialist Moorpark Short Sale Help

BY 

REALTOR® with Allison James Elite CA. BRE 01501699

Moorpark Short Sale HELP!!                                              Simi Valley Short Sale HELP!! 

      

Moorpark real estate conditions are changing and your Market Insider provides valuable, up-to-date information about the communities important to you. View critical information about what is happening now, so you can be a “Market Insider”!
Market Area: 93021
Listing Price $774,670
Listing Price Trend -0.08%
Sold Price $506,100
Sold Price Trend + 0.66%
Just a fraction of what’s happening…
click now to view more local market conditions!
View Market Insider
Buying or selling a home involves many factors. Stay on top of current community trends by viewing these listing and sale prices, demographics, school performance, area comparisons, and more. Of course, you can always call or email for help understanding what this information really means for you.
Featured “Insider Tip”
Article PictureTotal U.S. Housing Starts Projected to Hit 1.23 Million in 2016
The fourth quarter update indicates U.S. housing starts are expected to advance gradually to hit 1.23 million this year, with 819,000 of those being single family homes as defined by the Comm…
Learn more about successfully selling or buying a home and check out a whole library of tips and articles to help you!

Moorpark Listings Search

 

As always, thank you for your time and feel free to get in touch if you have any questions.

Yours truly,

Chris B Johnson, REALTOR®

 

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Moorpark Short Sale Help, Moorpark Home Sellers Play Chess… Not Checkers

Chris B Johnson, REALTOR®SFR®CDPE®, CHS®

Play Chess… Not Checkers | Simplifying The Market

Play Chess… Not Checkers

Checkers is a simple game with a simple objective; eliminate the other player’s pieces. Even the process of doing so is simple, jump the other player’s pieces and start a collection. There is very little thought as to a defensive strategy and it is often more reactive than strategic.

 

Even though the objective of Chess is simply laid out — obtain the other player’s King — the process in which to obtain this goal is much more strategic. Chess requires a greater understanding of the ability of each of the 9 different pieces on the board and a risk assessment that takes longer than a simple scan of the board.

“It’s a game in which the winning strategy is dynamic and requires complex thought across many turns, both for the player and their opponent’s turns.  Chess requires a player to understand the context behind the moves on the board rather than just the risks offered by each individual turn.” –Play Chess Not Checkers by Zach West

You may have heard the saying, “Play Chess, Not Checkers” before, but how does this apply to real estate?

Plan past your next move

So you want to sell your house. You can just put a sign in your front yard and call it a day, right? Wrong! The process of listing your home for sale and what happens next is much more complex than that.

According to the Orlando Regional REALTOR Association, there are over 230 possible actions that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, and who knows what these actions are to make sure that you acquire your dream?

One example, as we’ve reported before, is the fact that 92% of buyers search online for a home. That is in comparison to only 28% looking at print newspaper ads. Most real estate agents have an extensive internet strategy to promote the sale of your home. Do you?

Identify Risks & Defend Against Them

An experienced real estate professional knows the obstacles associated with buying or selling a home and works closely with other professionals to ensure the process is a smooth one.

Practice Makes Perfect

Just like with any skill, practice and experience bring a sense of confidence and expertise. Before you decide to take on the challenges of selling your house on your own, sit with a real estate professional in your marketplace and see what they have to offer.

Bottom Line

With an experienced Real Estate Professional on your side, even the complex process of buying your next home or selling your house can be strategically navigated.

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