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realtor: Positive News for the San Fernando Valley Real Estate Market - 11/17/08 03:22 PM
Here's an article from the Southland Regional Association of Realtors showing significant increases in the number of sales from last year.  Could this mean that the bottom is near?  Read below and let me know what you think? 
San Fernando Valley Home Sales Surge from Last Year's Low Point Driven by foreclosures and homes sold by traditional sellers at favorable prices, sales of existing single-family homes in the San Fernando Valley during September soared a whopping 81.8 percent compared to a year ago, the Southland Regional Association of Realtors® reported.
A total of 658 homes changed owners last month - 296 … (0 comments)

realtor: Unique Homebuying Opportunities Abound - 11/17/08 03:13 PM
Although the newspapers and Wall Street is flooded with depressing information on the economy, and despite Dow Jones record lows as well as the recent news that the government will not be buying up bad debts from banks, there are still multiple opportunities in the Real Estate Market for buyers who hold a decent fico score and can validate their current income. This means that many buyers are still finding foreclosure and short sale deals well under the market value compared to 2005. To help buyers buy these properties, several programs have been created to help buyers qualify and receive funding … (0 comments)

realtor: 2008 SUCCESS!!! MARK'S SUCCESS TRACKER - 09/18/08 01:52 PM
Thanks to all my clients for making 2008 a success so far!  I've sold 16 homes and over $6.5 million in residential real estate this year!!
THANK YOU!!!

… (0 comments)

realtor: SHERMAN OAKS GALLERIA RENOVATED IN LESS THAN A MINUTE - 09/18/08 01:44 PM
Here's a cool video I found on YouTube showing the 2 year renovation of the Sherman Oaks Galleria from drab indoor mall to the outdoor lifestyle and entertainment center that attracts patrons from all over.  It is home to many entertainment production companies and influential businesses.  Check out the 2 year renovation in less than a Los Angeles minute.
 
<object width= "425" height= "344" ><param name= "movie" value= "http://www.youtube.com/v/ig_5viv8ol8&hl=en&fs=1" ></param><param name= "allow FullScreen" value= "true" ></param><embed src= "http://www.youtube.com/v/ig_5viv8ol8&hl=en&fs=1" type= "application/x-shockwave-flash" allow fullscreen= "true" width= "425" height= "344" ></embed></object>
For more information please visit www.MarkSellsLA.com Written by Mark Gonzales Copyright 2008 … (0 comments)

realtor: IT'S STILL HAPPENING....MULTIPLE OFFERS - 09/18/08 01:39 PM
Here's an article written by Mary Funk, President of the Southland Regional Association of Realtors and David Walker.  The recent improvements and change in lending guidelines have caused a surge in buying activity.  Almost all properties I have sold have had multiple offers, this could be a signal of the bottom and we should start seeing values stabilize within the 2009 year.  Check the info for yourself:
Multiple Offers Reappearing
BY MARY FUNK, PRESIDENT, AND DAVID WALKER, SRAR
While many prospective home buyers are still waiting in hopes of catching the bottom, others are jumping into the residential real estate market … (0 comments)

realtor: Housing and Economic Recovery Act of 2008 - 08/28/08 02:53 PM
What does it mean???
Taken from http://en.wikipedia.org/wiki/Housing_and_Economic_Recovery_Act_of_2008
The Housing and Economic Recovery Act of 2008 (Pub.L. 110-289, H.R. 3221) designed primarily to address the Subprime mortgage crisis, was passed by the United States Congress on July 24, 2008 and signed by President George W. Bush on July 30, 2008. It authorizes the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders write-down principal loan balances to 90 percent of current appraisal value. It's intended to restore confidence in Fannie Mae and Freddie Mac by strengthening regulations and injecting capital into the … (1 comments)

realtor: JUST A QUICK REAL ESTATE THOUGHT - 08/28/08 02:49 PM
Being at the forefront of current Los Angeles real estate market as a Realtor who entered the industry in 2005 (at 22 years old) I can truly say that this is my best year yet. There are many buyers who have been waiting on the sidelines to fulfill the need and dream to own their own home. They are looking to live and own a home for the sake of owning long term regardless of where the market will be 2-3 years. They have great credit, choose fixed financing and are able to afford these homes with their real, tax-documented income. … (0 comments)

 

Mark Gonzales

Sherman Oaks, CA

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Rodeo Realty

Office Phone: (818) 986-7300

Cell Phone: (818) 414-1914

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