JackFlemingRealEstate

Your Agent, every step of the way! 310-748-5206 JackFlemingRealEstate@gmail.com

SUPER BOWL LIII

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Let us know your prediction and if you are right. win a Trader Joe’s Gift Certificate!

 vs 

5 great reasons to hold an open house to help sell your home!

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Ever wonder if an open house is really worth the work? Here is a great article with some interesting food for thought:

https://www.forbes.com/sites/trulia/2014/08/14/5-reasons-you-have-to-host-an-open-house/#75a9ae1b7828

LIFE IN RANCHO PALOS VERDES!

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SOLD IN ROLLING HILLS ESTATES

SOLD  for $895,000

93 Cypress Way

https://matrix.crmls.org/Matrix/Public/Portal.aspx?ID=57053758183#1

SOLD

This light and airy desirable “Garden Unit” town home at the Terraces boasts a unique floor plan unlike other units providing an extra room on the main level that can be used as an office or bonus space. The entire home has three bedrooms on the upper level with a large master and wrap around deck, huge walk-in closet and views of the city lights and snow covered mountains. The kitchen with hardwood flooring has been beautifully updated with granite counter tops, plenty of counter seating, and flows into the large private patio. The Living room has plantation shutters and a wall of built in cabinets, providing a wonderful area for relaxing. Because this is an end unit, it is wonderfully quiet and private and even more recent upgrades include new AC throughout, new furnace, new duct work and new garage roof. The Terraces is a 24 hour guard gated community, beautifully landscaped complete with swimming pools and spa, tennis courts, club house and children’s area.

Where are home prices heading in the next 5 years? 

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Great article to plan by from keepingcurrentmatters.com

https://www.keepingcurrentmatters.com/2017/08/29/where-are-the-home-prices-heading-in-the-next-5-years-2/

SOLD!

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ASKING $1,385,000 IN LOS VERDES

http://151015071.homesconnect.com/Listing/186243154-150000001/6639-verde-ridge-road-rancho-palos-verdes-ca-90275/

SEE YOU THERE!

Keeping your financial goals current: Retirement

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Light Bulb Goes Off! Retirement:I can help you reach these goals!

https://www.keepingcurrentmatters.com/2017/08/02/do-your-future-plans-include-a-move-whats-stopping-you-from-listing-now/

Rent vs. Buy! Great Report

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Great article regarding renting vs buying!

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

The updated numbers actually show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to 50.1% less expensive in Baton Rouge (LA), and 33.1% nationwide!

Other interesting findings in the report include:

  • Interest rates have remained low and, even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation.
  • With rents & home values moving in tandem, shifts in the ‘rent vs. buy’ decision are largely driven by changes in mortgage interest rates.
  • Nationally, rates would have to reach 9.1%, a 128% increase over today’s average of 4.0%, for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.

Bottom Line

Buying a home makes sense socially and financially. If you are one of the many renters out there who would like to evaluate your ability to buy this year, meet with a local real estate professional who can help you find your dream home.


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https://www.keepingcurrentmatters.com/2017/06/19/buying-is-now-33-1-cheaper-than-renting-in-the-us/