Raul Herrera
Nearby law practices
Victory Boulevard, Los Angeles
166 N La Brea Ave
CalBre #02043227
EXP REALTY Born and raised in Los Angeles. I specialize working with buyers and sellers in the greater Los Angeles area.
I love educating people on how real estate can create wealth for them. Turning renters into buyers and helping sellers start a new chapter in their lives. The city of Los Angeles is a community to millions, it is best to be represented by a realtor who is knowledgeable in the area with expertise in every neighborhood that lies within the city. Committed to always putting my clients goals first, be
๐ก Housing Affordability: The New Odyssey of Migration ๐
The housing market is constantly evolving, and affordability is now a major factor driving migration trends. People are seeking communities where they can find their dream homes at more accessible prices.
Whether you're looking to relocate or simply curious about the latest trends, stay informed and explore your options with us!
Want to know more?
๐ Contact me today!
Raul Herrera
๐ฑ (323) 540-6774
๐ง [email protected]
A growing number of homes are entering their prime remodel years. What does this mean for you? ๐กโจ
As more homes approach their prime remodel years, both homeowners and real estate investors stand to benefit. Here's what it could mean for you:
๐น Increased Property Value: Purchase homes at a lower price and increase their value with strategic renovations.
๐น Improved Living Conditions: Enhance comfort, functionality, and aesthetic appeal for daily living.
๐น Energy Efficiency: Modern updates can lead to lower utility bills and a smaller environmental footprint.
๐น Market Appeal: A freshly remodeled home attracts buyers, leading to quicker sales at higher prices.
๐น Investment Opportunities: Profitable flips or rental property improvements for higher rental income.
Leverage these remodeling years to achieve your property goals!
Want to know more?
๐ Contact me today!
Raul Herrera
๐ฑ (323) 540-6774
๐ง [email protected]
"Value over cost, always. ๐กโจ
Need help calculating your property's true value? Let me assist you. ๐ก๐
๐ Contact me today to see how much you could sell it for.
Let's make it happen!
Raul Herrera
๐ฒ (323) 540-6774
๐ง [email protected]
" "
๐ โฐNow is the perfect time to buy a home! โฐ๐
Enjoy less buyer competition, moderating home prices, and new builds hitting the market. Don't miss out on this opportunity to secure your dream home.
Homeownership offers a beautiful blend of building wealth and experiencing the profound pride of owning a place to call your own.
Discover the key to your dream home today. Let us help you unlock the door to your dream life. ๐จโ๐ฉโ๐งโ๐ฆโ๏ธ๐๐ก
๐ Reach out today and turn your homeownership dream into reality! ๐๐
Raul Herrera
๐ฒ (323) 540-6774
๐ง [email protected]
Just closed on another amazing property! ๐ ๐ซ
The property at Vernon Avenue just sold above market value.
Are you curious what your home is worth? ๐ธ๐
๐ Contact me today to see how much you could sell for.
Let's make it happen!
Raul Herrera
๐ฒ (323) 540-6774
๐ง [email protected]
๐ Ready to find your dream home without breaking the bank? ๐กโจ
Consider condominiums! ๐ Theyโre budget-friendly, come with fantastic amenities, and offer a great sense of community. Imagine owning a home without the hassle of mowing the lawn or shoveling snow! ๐ฟโ๏ธ Plus, condos are a smart investment, helping you build equity for your future. ๐
If you're ready to explore the world of condo living, let's connect! I'll help you find the perfect spot that fits your lifestyle and budget. ๐๏ธ๐ข
๐ Contact me today, and letโs make your homeownership dream come true! ๐๐
Raul Herrera
๐ฒ (323) 540-6774
๐ง [email protected]
๐ Ready for a Change? ๐
Thinking about moving up? Now's the perfect time to unlock amazing benefits like eager buyers, top-dollar sales, and maximizing your home equity! ๐ก๐ฐ With summer fast approaching, let's work together to get your house ready and SOLD! ๐โจ
๐ Call me today and let's make it happen!
Raul Herrera
๐ฒ (323) 540-6774
๐ง [email protected]
๐ Just Sold! ๐ 22676 Ottawa Rd ๐ด
๐ฅ Sold for ABOVE listing price! ๐ฐ
๐ Listed for only less than a month on the market! โฐ
๐ Are you thinking about selling your home? Let me help you create your own success story. With dedication and care, we can achieve amazing results together.
๐ Contact me today!
Raul Herrera
๐ฑ (323) 540-6774
๐ง [email protected]
๐ฌ Get in touch today and let your home be the next success story. Together, we can make it happen! ๐
๐ก More homeowners agree โ now is the time to sell! Why? It's simply the best season to list your home. ๐
Listing now could bring some serious benefits your way. Curious to find out what they are? Letโs chat and dive into the details!
๐ฒ DM me today!
Raul Herrera
(323) 540-6774
[email protected]
๐กโจ Ready to make your move? ๐กโจ
๐ Did you know? More homeowners are putting their houses up for sale compared to last year. That means more options for your move, but also more competition for your house.
๐ผ Don't stress about standing out in the crowd. I've got you covered! Let's sift through the latest listings together and ensure your house shines brighter than the rest.
๐ Thinking of selling? Don't miss out on the action! Let's connect and get started on your real estate journey today.
Raul Herrera ๐
๐ (323) 540-6774
๐ง [email protected]
๐ ๐ผ
๐ก Renting vs. Buying: The Equity Factor ๐
Seen the headlines about renting being cheaper? ๐ธ Don't overlook the equity game! ๐ฐ While rent might seem lower upfront, buying packs a punch in long-term wealth building.
๐ 2-bedroom insight: Median rent vs. mortgage payment narrows. But add equity, and the plot thickens.
๐ Equity's power play: Renting = expenses. Buying = investment. Watch your wealth grow as home values rise! ๐
๐ผ Crunching the numbers: Home Price Expectations Survey forecasts continuous value growth. Over 5 years? Potential $83K+ in equity! ๐ฐ
๐ก The verdict? Rent or buy depends on your finances. But if you're eyeing wealth-building, equity seals the deal. ๐
๐ Buying = Equity Advantage! Ready to dive in?
Let's chat! ๐
Raul Herrera ๐
๐ (323) 540-6774
๐ง [email protected]
๐ก
๐ก Just Listed: Welcome to 1552 W Vernon Ave, a duplex gem in Los Angeles, CA! ๐
This property features:
๐น Front house with 2 bedrooms plus an office and 1 bath
๐น Back unit with 2 bedrooms and 1 bath
๐น Both units will be delivered vacant ๐ช
Extensively updated with:
๐น New roof, windows, plumbing, and electrical wiring and panels
๐น Fresh paint inside and out ๐๏ธ
๐น New flooring, kitchen cabinets, countertops, and bathrooms ๐
Additional features:
๐น One unit offers central A/C, while the other has a mini-split system โ๏ธ
๐น Fully landscaped with sprinkler system ๐ณ
๐น New fully concrete paved driveway for plenty of parking ๐
Potential for expansion:
๐น Big lot with zoning for a potential third unit ๐๏ธ
๐น Prime investment opportunity ๐ฐ
Conveniently located near major freeways ๐ฃ๏ธ, it's perfect to:
๐น Live in one and rent the other ๐ ๐ผ
๐น Keep long term as a cash flowing property ๐ต
Don't miss out on this opportunity! Contact us for more details. ๐ฒ
Raul Herrera eXp Realty ๐
๐ (323) 540-6774
๐ง [email protected]
๐๐กโจ Exciting News Alert! ๐๐กโจ
๐ Drumroll, please! ๐ We're thrilled to announce that 22676 Ottawa Rd is now UNDER CONTRACT! ๐ก๐ผ
In just a few days on the market, this incredible property has found its perfect match! ๐๐
Raul Herrera eXp Realty ๐
๐ (323) 540-6774
๐ง [email protected]
๐ก๐ Is It Easier To Find a Home To Buy Now? ๐ค๐
One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But thatโs starting to change. ๐๐
Does That Mean Finding a Home Is Easier? ๐คทโโ๏ธ๐
The answer is yes, and no. As an article from Realtor.com says: "There were nearly 15% more homes for sale in February than a year earlier... However, the nation is still suffering from a housing shortage even with all of that new inventory." ๐ฐ๐
What Does This Mean for You? ๐ค๐ฅ
You might find a few more choices now than in recent years, but you shouldnโt expect a ton of options. To help you explore the growing list of choices you have now, team up with a local real estate agent you trust. ๐ต๏ธโโ๏ธ๐๏ธ
Bottom Line: If youโre thinking about buying a home, team up with a local real estate agent, like me. That way, youโll be up to date on everything that could affect your move, including how many homes are for sale right now. ๐๐ง
Raul Herrera eXp Realty ๐
๐ (323) 540-6774
๐ง [email protected]
๐ก๐ Thinking about buying a home? ๐ค Now might be the perfect time! Here's why:
๐ According to experts, home prices are expected to rise steadily. No declines in sight! ๐ฐ๐ผ
๐ก This means your home could become a valuable asset, growing in value over the years. ๐ต๐ผ
๐ Check out the projections! Imagine gaining over $83,000 in household wealth over 5 years by buying now. ๐ฐ๐ฐ
โณ Waiting could cost you more in the long run. Don't miss out on potential gains! ๐ธ
Ready to take the plunge? ๐โโ๏ธ Let's find your dream home together! Contact me today. ๐ ๐
Raul Herrera
eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ก ๐๐๐๐๐ฒ ๐ญ๐จ ๐ฆ๐๐ค๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐ญ๐ซ๐จ๐ง๐ ๐๐ฌ๐ญ ๐จ๐๐๐๐ซ ๐จ๐ง ๐ญ๐ก๐๐ญ ๐๐ซ๐๐๐ฆ ๐ก๐จ๐ฆ๐? ๐๐๐ซ๐ ๐๐ซ๐ ๐ ๐ฎ๐ง๐๐๐๐ญ๐๐๐ฅ๐ ๐ญ๐ข๐ฉ๐ฌ ๐ฒ๐จ๐ฎ ๐๐จ๐ง'๐ญ ๐ฐ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐ข๐ฌ๐ฌ! ๐ผ ๐
1๏ธโฃ ๐ฃ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ ๐๐ถ๐๐ต ๐ฎ ๐ฅ๐ฒ๐ฎ๐น ๐๐๐๐ฎ๐๐ฒ ๐๐ด๐ฒ๐ป๐ : Don't navigate the competitive market alone! With a pro by your side, you'll have the insider knowledge and expertise to ace your offer strategy. Let's team up and turn your homeownership dreams into reality!
2๏ธโฃ ๐จ๐ป๐ฑ๐ฒ๐ฟ๐๐๐ฎ๐ป๐ฑ ๐ฌ๐ผ๐๐ฟ ๐๐๐ฑ๐ด๐ฒ๐: Knowledge is power, especially when it comes to your finances. Get pre-approved for a loan to show sellers you mean business. Being financially confident gives you the edge in this tight market.
3๏ธโฃ ๐ ๐ฎ๐ธ๐ฒ ๐ฎ ๐ฆ๐๐ฟ๐ผ๐ป๐ด, ๐ฏ๐๐ ๐๐ฎ๐ถ๐ฟ ๐ข๐ณ๐ณ๐ฒ๐ฟ: Finding the balance between a great deal and fair pricing is an art. Let's avoid lowball offers that could turn sellers away. With my guidance, we'll craft an offer that's attractive and respectful, setting you up for success.
4๏ธโฃ ๐ง๐ฟ๐๐๐ ๐ฌ๐ผ๐๐ฟ ๐๐ด๐ฒ๐ป๐ ๐๐๐ฟ๐ถ๐ป๐ด ๐ก๐ฒ๐ด๐ผ๐๐ถ๐ฎ๐๐ถ๐ผ๐ป๐: When it's time to negotiate, trust in my expertise to seal the deal. I'll advocate for your needs while keeping the seller's interests in mind. Flexibility is key, and together, we'll navigate the details to secure your dream home.
๐ In today's competitive market, having the right real estate agent makes all the difference. Let's work together to find your perfect home and make your strongest offer yet! ๐ โจ
Raul Herrera
eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ Exciting News! Tax season just got a whole lot better! ๐ฐ
๐ก Did you know that your tax refund could be the key to unlocking your dream of homeownership? Instead of spending it all at once, why not consider turning it into something more substantial โ like your very own home? Hereโs how you can make the most of it:
๐ฐ Boost Your Down Payment: Every dollar counts! Your refund can give your down payment a significant boost, making your mortgage rates and monthly payments more manageable.
๐ผ Cover Closing Costs: Donโt forget about those pesky closing costs! Your refund can help cover these expenses, making the home buying process smoother.
๐ Improve Your Credit Score: Paying down debt can improve your credit score, leading to better loan terms and lower interest rates.
๐ก Save for Future Home Expenses: Itโs always wise to prepare for the unexpected. Set aside a portion of your refund for future home expenses to ensure youโre ready for anything.
Ready to turn your tax refund into your dream home? ๐ก๐ก Drop a โYESโ in the comments below if youโre ready to take the plunge! Letโs kickstart your journey to homeownership together. Your dream home is just one word away. ๐๏ธโจ
Raul Herrera
eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ก ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐ข๐ง๐ ๐๐จ๐ฐ๐ง๐ฌ๐ข๐ณ๐ข๐ง๐ ๐๐จ๐ซ ๐๐๐ญ๐ข๐ซ๐๐ฆ๐๐ง๐ญ? ๐๐๐ซ๐'๐ฌ ๐๐ก๐ฒ ๐๐จ๐ฎ ๐๐ก๐จ๐ฎ๐ฅ๐! ๐
If you're eyeing your retirement expenses, cutting costs becomes a priority. One smart move? Downsizing to a smaller home! ๐
โก๐๐จ๐ฐ๐๐ซ ๐๐ข๐ฅ๐ฅ๐ฌ: Downsizing means smaller mortgage payments, reduced energy costs, and less maintenance hassle. Score!
๐ฐ๐๐ง๐ฅ๐จ๐๐ค ๐๐จ๐ฎ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ: Selling your current home could mean a hefty windfall thanks to accumulated equity. Let's make that money work for you! ๐ธ
๐๐๐๐๐ฅ๐ญ๐ก ๐ข๐ง ๐๐ช๐ฎ๐ข๐ญ๐ฒ: Your home equity is a significant part of your net worth. Don't overlook its potential in your retirement planning!
๐๐๐ฎ๐ข๐๐๐ง๐๐ ๐๐ฏ๐๐ซ๐ฒ ๐๐ญ๐๐ฉ: I can be your trusted advisor. From setting the right selling price to finding your perfect downsized home, I've got your back.
๐ค ๐๐๐๐๐ฒ ๐ญ๐จ ๐๐จ๐ฐ๐ง๐ฌ๐ข๐ณ๐? ๐๐ฌ๐ค ๐๐จ๐ฎ๐ซ๐ฌ๐๐ฅ๐: Do I still need all this space? How much can I save by downsizing? Then, let's explore your options together! ๐
๐กDownsizing isn't just about saving money โ it's about crafting a lifestyle that fits your retirement dreams. Ready to make the move? Let's chat! ๐
Raul Herrera
eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ธ Happy International Women's Day! ๐ธ
Today, we celebrate the incredible strength, resilience, and achievements of women everywhere. As a realtor, I've had the honor of working with many remarkable women who've inspired me with their determination and vision.
To all the women who are making their dreams of homeownership a reality, you are the architects of your future, and I'm here to support you every step of the way. Whether you're buying, selling, or investing in real estate, know that your goals are within reach.
Let's continue to empower each other, break barriers, and build the communities we envision. Here's to the unstoppable force of women in real estate and beyond! ๐ช๐ก
๐ผ Don't forget to Spring Forward this weekend!
๐ Daylight Saving Time begins for 2024 on Sunday, March 10. Remember to adjust your clocks forward one hour.
As we welcome the longer days and brighter evenings, it's also a perfect time to think about making a fresh start. ๐ก Spring is widely regarded as one of the best times to sell your home, with buyers eager to make a move in the warmer weather.
If you're considering selling your home or have any real estate questions, I'm here to help! As your trusted Realtor, I can provide guidance and support every step of the way. Don't hesitate to reach out to me for expert advice tailored to your needs. Let's make this spring season your time to shine! โจ
Contact me today! ๐ฒ
Raul Herrera
eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ ๐ What To Know About Credit Scores Before Buying a Home ๐๐ณ
Thinking about buying a home? Your credit score is crucial! ๐ ๏ธ Lenders check it to see how you handle payments and debts. It also affects your mortgage rate. Here's the scoop:
๐ Your credit score isnโt the only thing lenders look at, but it's a biggie.
๐ Aim for a score of 740 or above for a smoother home-buying journey.
๐ก Donโt worry if your score isnโt perfect. You can still buy a home!
๐ผ Working with a trusted lender is key. They'll help you understand how your credit score impacts your mortgage options.
๐ Want to boost your score? Focus on:
1๏ธโฃ Paying bills on time
2๏ธโฃ Keeping your debt low
3๏ธโฃ Avoiding new credit applications
Got questions? I can connect you with a lender who can help! ๐ค๐ผ Letโs make your home dreams a reality! ๐กโจ
Raul Herrera
eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ก๐ฐ ๐๐จ๐ง'๐ญ ๐๐๐ญ ๐๐จ๐ฐ๐ง ๐๐๐ฒ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฅ๐ ๐๐จ๐ฎ ๐๐๐๐ค ๐๐ซ๐จ๐ฆ ๐๐จ๐ฆ๐๐จ๐ฐ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ! ๐ฐ๐ก
๐ซ Worried about saving 20% for your dream home? Let's bust that myth! ๐ซ
๐ The Truth? You may not need as much as you think! Here's the scoop:
๐ According to The Mortgage Reports, most people opt for much lower down payments than the fabled 20%. In fact, the median down payment is only 15% for all homebuyers and a mere 8% for first-timers! Check out the graph below for proof.
๐ก Plus, there are over 2,000 homebuyer assistance programs in the U.S. ๐บ๐ธ, along with loan options like FHA, VA, and USDA loans, offering down payments as low as 3.5% or even no down payment requirements for qualified applicants!
๐ ๏ธ Don't navigate this alone! Consult with a trusted loan officer or broker to uncover local grants and loan programs tailored to your needs. ๐ค
โณ Waiting to save 20% might cost you more in the long run! Home prices are on the rise, so seize the opportunity now to start building equity instead of watching prices soar further out of reach.
๐You CAN own your dream home without a 20% down payment. Let's chat about your homebuying goals and explore the options together! ๐๐ง
Raul Herrera
eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ก๐ ๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐ฐ๐ฌ ๐๐จ๐ซ ๐๐จ๐ฆ๐ ๐๐๐ฅ๐ฅ๐๐ซ๐ฌ! ๐๐ก
๐ Expert Home Price Forecasts for 2024 Revised Up! ๐
Are you considering selling your home this year? ๐ค Now might just be the perfect time! ๐
๐ Take a look at the latest forecasts from seven expert organizations comparing their initial predictions to their newest projections. The shift is remarkable! ๐๐ผ
๐ก ๐๐ก๐ฒ ๐ญ๐ก๐ ๐๐ก๐๐ง๐ ๐?๐ก
Two major factors are driving this surge in home prices:
1๏ธโฃ Limited Housing Inventory: With fewer homes for sale, prices are staying strong. ๐
2๏ธโฃ Declining Mortgage Rates: Lower rates are fueling buyer demand, further boosting prices. ๐๐
๐ฎ๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐ก๐๐๐๐ฎ
Real estate experts are constantly updating their forecasts. What's next? It's all about mortgage rates! As rates trend down, expect demand to rise, and prices to follow suit. ๐โก๏ธ๐
๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฑ๐ญ ๐๐ญ๐๐ฉ? ๐
Connect with a local real estate expert like me to navigate this exciting market shift! ๐ค Together, we'll ensure you get the best deal whether you're buying or selling. ๐ผ๐
Don't miss out on this opportunity! Reach out today! ๐ฒ๐ฌ
Raul Herrera
eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ก๐ ๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐ฐ๐ฌ ๐๐จ๐ซ ๐๐จ๐ฆ๐๐๐ฎ๐ฒ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฅ๐ฅ๐๐ซ๐ฌ! ๐๐ผ
Looking to buy or sell a home this year? Pay attention! ๐
Experts predict mortgage rates could dip below 6% later this year! ๐๐ฐ That's right, compared to the near 8% peak last fall, rates have been trending down overall, offering incredible opportunities in today's market. ๐
Dean Baker, Senior Economist, Center for Economic Research, suggests: "We may soon see rates under 6.0 percent, which would be low by pre-Great Recession standards." ๐๐
And it's not just him! Fannie Mae's latest projections also hint at rates dropping below 6% by year-end. ๐๐
Don't let short-term volatility distract you! Focus on the bigger picture and take advantage of the current market conditions. ๐ฏ๐ผ
Ready to seize this opportunity? ๐ค Connect with me, Raul Herrera, your local real estate expert, to make your move!
Raul Herrera
The Creative Offers Inc - eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ก Let's turn your real estate dreams into reality! ๐ซ
๐ก๐ ๐๐๐ฉ๐ฉ๐ฒ ๐๐๐ฅ๐๐ง๐ญ๐ข๐ง๐'๐ฌ ๐๐๐ฒ! ๐
๐๐ฅ๐ฅ ๐ข๐ง ๐๐จ๐ฏ๐ ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ฎ๐ซ ๐๐ซ๐๐๐ฆ ๐๐จ๐ฆ๐! ๐๐ก
Looking for a love that lasts a lifetime? Let us help you find it in your perfect home! This Valentine's Day, treat yourself to the gift of a new beginning in a space you'll adore. Whether you're searching for cozy nooks for intimate evenings or spacious rooms for grand gatherings, we have the key to your heart's desires.
๐น๐๐จ๐ฆ๐๐ง๐ญ๐ข๐ ๐๐๐ญ๐ซ๐๐๐ญ๐ฌ: Discover homes with enchanting features like fireplaces, private gardens, and breathtaking views โ the perfect backdrop for creating cherished memories with your loved ones.
๐ ๐๐ก๐๐ซ๐ฆ๐ข๐ง๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ: Fall head over heels for neighborhoods brimming with character, where friendly neighbors become like family and every street feels like a love letter waiting to be explored.
๐ ๐๐ง๐ฅ๐จ๐๐ค ๐๐จ๐ฎ๐ซ ๐
๐จ๐ซ๐๐ฏ๐๐ซ ๐๐จ๐ฆ๐: Let us be your matchmaker in real estate! With our expert guidance and personalized service, finding your forever home is easier than ever. Say goodbye to house-hunting stress and hello to the happily ever after you've been dreaming of.
This Valentine's Day, don't settle for anything less than extraordinary. Let's make your real estate dreams a reality! Contact us today to begin your journey to a home you'll love. Wishing you a day filled with love, laughter, and the excitement of new beginnings. Happy Valentine's Day from The Creative Offer Inc! ๐๐ก๐
Raul Herrera
Elite LA Properties - eXp Realty
๐ (323) 540-6774
โ๏ธ [email protected]
๐ก Looking to turn your dream of homeownership into a reality? Here's a roadmap to help you save for that perfect house! ๐ฐ
1๏ธโฃ Set Clear Goals: Define what you want in a home and create a savings plan tailored to your needs.
2๏ธโฃ Track your Income: Keep a close eye on your finances to understand where your money is going and where you can save.
3๏ธโฃ Automate Savings: Make saving effortless by setting up automatic transfers to your savings account.
4๏ธโฃ Reduce Debt: Prioritize paying off debt to improve your financial health and qualify for better mortgage rates.
5๏ธโฃ Increase Income: Explore opportunities to boost your earnings through side hustles or career advancement.
6๏ธโฃ Cut Expenses: Trim unnecessary spending to free up more funds for your home fund.
7๏ธโฃ Monitor Progress: Regularly review your savings goals and adjust your plan as needed to stay on track.
8๏ธโฃ Get Professional Advice: Consider consulting with a real estate expert like me to guide you through the home buying process and ensure you make informed decisions every step of the way.
Ready to make your homeownership dreams a reality? Let's chat! ๐๐
Raul Herrera
Elite LA Properties - eXp Realty
๐ (323) 540-6774
๐ง [email protected]
๐ก Considering Buying a Home? Ask Yourself These Questions! ๐ค
If you're eyeing a home purchase this year, the housing market is likely top of mind. ๐ Get your info from various sources, but let's cut through the noise with two crucial questions:
1๏ธโฃ Where Do I Think Home Prices Are Heading?
Check the Home Price Expectations Survey by Fannie Mae. ๐ Experts foresee rising prices until at least 2028. Even if the pace slows, buying now means potential growth in home value and future equity. ๐ Don't wait โ prices may only climb higher!
2๏ธโฃ Where Do I Think Mortgage Rates Are Heading?
Good news! Mortgage rates are likely to ease in 2024 as inflation moderates and the Federal Reserve hints at rate cuts. ๐ Danielle Hale from Realtor.com notes this could bring affordability relief to homebuyers. ๐ Seize the opportunity!
Remember, no crystal ball, but staying informed is key. Connect with a trusted local real estate agent like me to stay in the know! ๐ค
Raul Herrera
Elite LA Properties - eXp Realty
๐ (323) 540-6774
โ๏ธ [email protected]
๐
๐ก Exploring the Top Benefits of Buying a Multi-Generational Home! ๐ค๐ต๐ด๐ฉโ๐ฉโ๐งโ๐ฆ
Thinking about sharing a home with grandparents, parents, or relatives? You're not alone! ๐ Here are some compelling reasons why multi-generational living might be the perfect fit for you:
1๏ธโฃ ๐ฐ ๐๐๐๐จ๐ซ๐๐๐๐ข๐ฅ๐ข๐ญ๐ฒ: According to , 28% of first-time buyers opt for multi-gen living for cost savings. Pooling resources helps share financial responsibilities, making homeownership more affordable in today's market.
2๏ธโฃ ๐ก ๐๐ซ๐๐๐ฆ ๐๐จ๐ฆ๐: Buyers, both first-time (28%) and repeat (18%), choose multi-gen homes to afford their dream home. Combining incomes allows them to invest in a larger space and achieve their homeownership dreams.
3๏ธโฃ ๐คฒ ๐๐๐ซ๐ ๐๐จ๐ซ ๐๐ ๐ข๐ง๐ ๐๐๐ซ๐๐ง๐ญ๐ฌ: 23% of repeat buyers choose multi-gen homes to make caring for aging parents easier. It provides an opportunity for older adults to age in place, surrounded by loved ones. Financial concerns and caregiving needs drive this choice, as explained by Axios.
๐งฉ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ฎ๐ข๐๐๐ง๐๐: Finding the perfect multi-gen home is like solving a puzzle with many opinions and needs. Partner with a local real estate agent to navigate this unique journey and ensure all the pieces fit just right.
๐ค ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐๐๐ซ๐ง๐ข๐ง๐ ๐๐จ๐ซ๐? Connect with me, your local real estate agent! Whether it's financial motives or a focus on shared living, a multi-gen home might be the ideal choice for you.
Raul Herrera
Elite LA Properties - eXp Realty
(323) 540-6774
[email protected]
๐ก๐จโ๐ฉโ๐ง
๐ก Exciting News for Home Buyers! ๐๐
Are More Homeowners Selling as Mortgage Rates Come Down?
If youโre in the market for a new home, rejoice! The recent dip in mortgage rates not only boosts affordability but could also spark a surge in homeowners putting their houses up for sale. ๐๐ก
๐ The Mortgage Rate Lock-In Effect:
Over the past year, rising rates kept many homeowners from listing their properties. Why? They chose to stick with their lower mortgage rates, putting off plans to move. Now, with rates on the decline, signs show these homeowners might be ready to make a move. ๐๐ผ
๐ New Listings on the Rise:
Recent data from Realtor.com reveals a positive shift, with more homes hitting the market in December 2023 compared to the same month in 2022. This is a promising early sign that the rate lock-in effect could be easing, opening up new opportunities for buyers. ๐๐
๐ค What Does This Mean for You?
While it won't be an overnight flood of options, the trend suggests more sellers might be ready to list. Lower rates could spur homeowners into action, giving you a wider selection of homes to choose from. ๐๐ผ
๐ก Expert Advice:
Connect with a real estate agent like me to navigate these changing dynamics and stay informed about the latest listings in our area. Your dream home could be just around the corner! ๐ ๐ฉโ๐ผ
Raul Herrera
Elite LA Properties - eXp Realty
(323) 540-6774
[email protected]
๐ช๐
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