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buyers: Client Testimonials - 03/25/08 12:42 PM

Terri in Los Angeles, Ca writes:   I am a first time homebuyer and Jennifer took me through the myriad  of steps, from finding the right home, to securing a mortgage.  She  was instrumental in helping me find my condo.  We spent almost a  year looking and she took the time to really understand what I was  looking for.  She understood my concerns and was very patient with my  ever-changing needs.  We explored various areas of town, different  styles and price points.  When we walked into the condo that I  ultimately purchased, we both knew this was the right one.  She … (0 comments)

buyers: First-Time Home Buyers Preparation Checklist - 11/08/07 01:46 PM
1) Work on your credit: a) Contact credit agencies to correct errors.
b) Setup automatic bill payments to prevent late payments.
c) Payoff/pay-down credit cards (do-not close them).
d) Avoid buying any big-ticket items like TV's, appliances or cars.

2) Savings: Even if you think you'd like to shoot for 95%-100% financing, you will still need money in the bank for rainy days, and the bank will want to see this.
  a) Decide on a weekly savings and STICK TO IT!
  b) Sign up for your companies savings plan.
  c) Eat home more … (0 comments)

buyers: Recession or No Recession? - 09/12/07 07:52 PM
 
September 12, 2007
By Jennifer Mann
The latest report out today outlined the idea that, due to a strong economy in virtually every sector other than real estate, the U. S. and California will avoid recession. The report by UCLA Anderson Forecast as summarized in approximately 168 news articles out today, includes a special portion of the report focusing on foreclosure trends and points out that it is investors who are being most affected.  It also stated that California, foreclosures are highest in counties with the combination of lower home prices and high usage of adjustable rate mortgages - a sign of working … (1 comments)

buyers: Update on foreclosures in the San Fernando Valley Sept. 2007 - 09/12/07 06:25 PM
Update on Foreclosures in the San Fernando Valley
September 12, 2007
By Jennifer Mann
Here is the latest data available to me relating to the condition of the housing market.  The current inventory of homes on the market in the San Fernando Valley consists of approximately 4% Real Estate Owned (known as foreclosures).  Of these bank-owned listings 80% are under $600,000 price, with the majority being under $500,000.  This is not at the percentage said to negatively affect the prices of the general inventory.
What also may be contributing to keeping values in the green in our area is the fact that this time around, … (0 comments)

buyers: C.A.R. May 2007 Real Estate Report - 06/27/07 06:01 PM
A summary of the C.A.R. report for May 2007(read the full report below), we note the following:
1-VOLUME of sales decreased 25 percent in May2-Median Price of a home in California up 4.8% from one year ago.3-The most impacted by the tightening of lending guidelines and subprime shakeout is the lower end of the real estate market, which has seen greater declines in sales and weaker prices.
How does this affect buyers in the Southern California marketplace?  Buyers are wise to get off the fence if they desire homeownership.  Inventory is the best it's been in years meaning lots to choose from and … (0 comments)

 

Jennifer Mann

Calabasas, CA

More about me…

Prudential California Realty

Address: 23925 Park Sorrento, Calabasas, CA, 91302

Office Phone: (818) 251-2440

Cell Phone: (818) 422-0163

Email Me

Subjects of interest to Southern California residents, potential buyers, and homeowners. NO FLUFF real estate reports explained. Reasons to use a buyers advocate. Links to free MLS search, southland school scores, equestrian properties, environmental resources and more!


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