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Real Estate Market Today

Hope you had a Merry Christmas and a Happy New Years! Do you want to know what is happening in the Real Estate Market in December 2012.   Click on this link to find out:  http://pathale.housingtrendsenewsletter.com/   Please give me a call and let me know if I can be of any help to you for any of your Real Estate needs.

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“See if you qualify!”
3% Government Grant “Does not have to be repaid”UP TO $12,500 TO BE USED FOR DOWN PAYMENT OR CLOSING COST!

Maximum Income Limits
Los Angeles County $84,480
Orange County $101,040
Riverside County $84,480
San Bernardino $84,480
Fico Scores must be 640 and above
FHA or VA Loan Limits of $417,000
Owner Occupied Single Family Residence

“I just sold a home with the seller paying the closing cost and my buyer only has to pay $2000.00 on a $320,000 purchase on a 3 bedroom, 2 bath, pool home in La Mirada. His payment is going to be $2363.00 and that includes: principal interest, taxes, insurance, and mortgage insurance.”

Call Pat Hale at 562-773-3919 to buy your home
Call Rory De Meire at 562-430-3930 to see if you qualify for the Grant

Hi Everyone,

Here’s a head’s up on a hot tip.
Call the number below from your cell phone if you want to save time, money and hassles.

REMEMBER: Cell Phone Numbers Go Public this month.
REMINDER….. all cell phone numbers are being released to telemarketing companies and you will start to receive sales calls.

…. YOU WILL BE CHARGED FOR THESE CALLS

To prevent this, call the following number from your cell phone: 888-382-1222.
It is the National DO NOT CALL list It will only take a minute of your time.. It blocks your number for five (5) years. You must call from the cell phone number you want to have blocked. You cannot call from a different phone number.

HELP OTHERS BY PASSING THIS ON .. It takes about 20 seconds.
https://www.donotcall.gov/default.aspx

Please forward to family and friends.

If you need to know what is the current housing trend for the month of May, follow the link below. I also included a quick link to preview properties for sale in Seal Beach. Let me know if you like it?

I have been in real estate over 30 years and haven’t seen anything like this market.  If you are a first time buyer and buying a home in the $300,000 to $350,000 range, be ready for five to ten offers on just about everything in the Long Beach, Lakewood and Garden Grove areas.  I am so surprised that everything is moving quick in that price range.  I see higher prices sitting on the market for  longer, even though there have been  a few properties in Seal Beach that went for over 1 mil with several offers on them also.  I guess if you see a home you really like you better buy it before someone else does.  You will probably live in your home for such a long time this kind of market will not matter in the long run.  This happens every ten years or so.  I paid $10,000 for my first house in 1970.  I though it was a lot of money at that time.

According to www.dqnews.com, September sales in the Southland were up almost 6% from August and up more than 65% from one year ago.  Here are some statistics for our local area.

In Seal Beach the median sales price was $762K, up 4.2% from one year ago. The average per square foot was $567.

For comparison purposes, in the Belmont Shore (we used zip code 90803) the median sales price was $1,200K, up 15.9% from one year ago. The average per square foot was $459.

The prices are up in our area over a year ago and the average per square foot is better in Seal Beach and down a little in Belmont Shore.

To see a list of available homes in Seal Beach, Sunset Beach, Belmont Shore, and the general area be sure to visit my website at www.pathaleonline.com.