timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Here Are 5 Tips For Starting the Search for Your Dream Home? #TimeToBuy - 05/20/19 09:15 AM
In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared.
In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement of buying a home throughout the whole process.
1. Get Pre-Approved for a Mortgage Before You Start Your Search One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are in a … (0 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: What is Really Happening with SoCal Home Prices? #TimeToBuy - 05/16/19 09:51 AM
Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year.
However, a stronger-than-expected economy and a good spring housing market have changed some opinions. Some analysts are now predicting that home value appreciation may begin to increase as we move forward.
Here are three examples: Mark Fleming, Chief Economist of First American “Data on the movement of unadjusted house prices during the early spring home-buying season … (0 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Buying A Home?-4 Tips for Making a Competitive Offer #TimeToBuy - 05/15/19 10:37 AM
So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes true!
Below are 4 steps provided by Freddie Mac to help buyers make offers, along with some additional information for your consideration:
1. Determine Your Price “You’ve found the perfect home and you’re ready to buy. Now what? Your real estate agent will be by your side, helping you determine an offer price that is … (0 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: SoCal Housing Is Affordable For First-Time Buyers #FirstTimeHomeBuyers - 05/14/19 09:17 AM
Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns.
The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) on a monthly and yearly basis. Their latest report shows that FTHB’s made up 33% of buyers in March, which matches their reported share in 2018.
NAR uses survey data from their members to come up with this statistic, so their results do not include every transaction completed. Rather, they only show the transactions reported by members … (0 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: A Tale of 2 Markets-Starter Homes Are Still Hot #INFOGRAPHIC #TimeToBuy - 05/10/19 09:28 AM
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices to cool. Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.  
« Mainstream Concerns about an Economic Slowdown Revisited 
What is My Home Worth? To Get A Market … (1 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Are Concerns about an Economic Slowdown Just Click-Bait?#TimeToBuy #FirstTimeHomeBuyers #MoveUpHomeBuyers #5StarREALTOR #HyperLocal #ChrisBJohnsonREALTOR #TopProducer #FlipandFix #RealEstateInvestor - 05/09/19 09:37 AM
Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur this year or next.
However, the U.S. economy has performed well in the first quarter of 2019 and that has caused some experts to change their thinking on an impending economic slowdown.
Here are a few notable examples: Anthony Chan, Chief Economist at JPMorgan Chase “I feel really comfortable … (1 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Home Buyers are Optimistic About Homeownership! #TimeToBuy - 05/07/19 10:32 AM
https://chris-b-johnson-realtor.business.site/
When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home purchase!
Most homebuyers start by listening to the news to hear what is being said about the real estate market. They check with family and friends about their experience. They spend time online reading reviews about their desired neighborhood.
The challenge is that comments from the news and those closest … (2 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: SoCal Mortgage Rates Finally Fall as The Fed Agrees to Hold Rates - 05/04/19 10:17 AM
“Moving into summer, we expect rates to be about a quarter to half a percentage point lower than where they were last year, which is good news for the housing market,” Khater said. “These lower rates combined with solid economic growth, low inflation and rebounding consumer confidence should provide a solid foundation for home sales to continue to improve over the next couple of months.”
    
After four weeks of consecutive gains, mortgage interest rates finally reversed course, according to the latest Freddie Mac Primary Mortgage Market Survey.
The 30-year fixed-rate mortgage averaged 4.14% for the week ending May 2, 2019, down from last week’s rate of 4.20%. A year ago, the … (4 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: SoCal's Housing Market Is Finally Showing Weakness — Or Is It? #5StarREALTOR - 04/27/19 10:58 AM
In Today's Real Estate Market, It's Less About The Pretty Pictures Or Slick Videos and More About Experienced Negotiating Skills and Knowing How To Price To Sell!
 
Here is some good news for anyone looking for a house in some areas of Southern California.
The housing market has finally cooled down. Not exactly icy cold but cooling somewhat.
CBS2/KCAL9 reporter Jeff Nguyen spoke to some agents and real estate developers during this cooling off period.
“We blew out this wall. There was a wall here before,” says Jim Likens, a real estate developer.
He just remodeled a three-bedroom, two-bath condo in the San Fernando Valley.
Likens said he’s been unable … (1 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Buyer Demand Surging as Spring Market Begins #TimeToBuy #FirstTimeHomeBuyers #MoveUpHomeBuyers #5StarREALTOR #HyperLocal #ChrisBJohnsonREALTOR #TopProducer #FlipandFix #RealEstateInvestor #RentalProperties - 04/18/19 01:25 PM
https://www.google.com/analytics/web/#home/a69066132w111663562p116541675/
Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade.
However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market (the March data is not yet available).
Both the ShowingTime Showing Index and the National Association of REALTORS Buyer Traffic Index show that buyer demand has increased in each of the last three months.

Why the increase in demand? Increased buying power. According to the National Association of Realtors’ Economists’ … (4 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Are Low Interest Rates Here to Stay? #TimeToBuy #PreApproval #5StarREALTOR - 04/17/19 09:48 AM
https://www.google.com/analytics/web/#home/a69066132w111663562p116541675/
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’slatest Primary Mortgage Market Survey, rates came in at 4.12% last week!
This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say,
“Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates combined with a strong labor market should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year.”
To put the low … (4 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Three Questions You Need To Ask Before Buying A Home #TimeToBuy #FirstTimeHomeBuyers #MoveUpHomeBuyers #5StarREALTOR #HyperLocal #ChrisBJohnsonREALTOR #TopProducer #FlipandFix #RealEstateInvestor #RentalProperties - 04/15/19 10:17 AM
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.
Ask yourself the following three questions to help determine if now is a good time for you to buy in today’s market.
1. Why am I buying a home in the first place? This is truly the most important question to answer. Forget the finances for a minute. Why did you even begin to … (2 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: #TimeToBuy Slaying the Largest Homebuying Myths Today #INFOGRAPHIC - 04/12/19 09:07 AM

Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit score on approved loans continues to fall across many loan types! Home Value Appreciation Stops Falling, Begins to S... #TimeToSell Home Buyer Demand Will Be Strong for Y... #TimeToSell Why Pet-Friendly Homes Are in High Dem... #TimeToDownSize What to Consider When Choosing You... SoCal Housing and Real Estate Market Update #TimeT... #TimeToSell Your Home’s … (3 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: We’re seeing a cooling of the housing market, but not a crash :) - 04/02/19 09:29 AM
Verified Reviews 
Homebuyers Shouldn’t Worry About 2008 All Over Again Last week, realtor.com released a survey of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market.
Two major takeaways from the survey:
42% believe a recession will occur this year or next (another 16% said 2021) 59% believe the housing market would fare the same or worse than it did in 2008 Why all the talk about a recession recently? Over the last year, four separate surveys have been taken asking … (6 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: Buying A Home Now VS Buying Later? Mortgage Rate VS Price - 03/30/19 10:47 AM

Since home prices bottomed around 2012/2013, they’ve surged to new all-time highs, at least nominally (not inflation-adjusted).
After the housing crisis, home values lost about a decade’s worth of appreciation, but gained much of it back when real estate boomed, thanks in part to the record low mortgage rates available.
Unfortunately, home prices are predicted to be fairly flat over the next several years, and mortgage rates are expected to rise in 2019 (right?).
So should you buy a property now while rates are still low and home prices have foreseeable flat or even downward pressure, thanks to all that appreciation already baked in?
Or should you … (4 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: RENTERS! #TimeToBuy 10 Steps to Buying a Home #INFOGRAPHIC #FirstTimeHomeBuyers - 03/29/19 09:30 AM
Oxnard Open House Sunday from 1:00 to 4:00PM
Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and what else may be required in your area!  
How Do You Put Your Housing Cost to Work for You? ... #TimeToSell April is the Best Month to List Your H... Who To Believe? The Enormous Divide Between the He... ChrisBJohnsonREALTOR 4 Reasons This Spring Market ... … (2 comments)

timetobuy firsttimehomebuyers moveuphomebuyers 5starrealtor hyperlocal chrisbjohnsonrealtor topproducer flipandfix realestateinvestor rentalproperties: How Do You Put Your Housing Cost to Work for You? #TimeToBuy #FirstTimeHomeBuyers #MoveUpHomeBuyers #5StarREALTOR - 03/28/19 03:27 PM
Oxnard Open House Sunday from 1:00 to 4:00PM
There has been a lot written about the benefits of homeownership. One benefit that continues to rise to the top is the added wealth homeowners gain simply by paying their mortgage while their home increases in value over time.
The National Association of Realtors (NAR) recently broke down the equity gained from price appreciation and principal payments in their Economists Outlook Blog. Homeowners who purchased their homes five years ago have already gained almost $80,000 in equity over that time with 80% of the gains coming from price appreciation.
For a homeowner who purchased their home 30 … (0 comments)

 
Chris B Johnson REALTOR®, 5 Star Rated REALTOR® Quality, Not Quantity (Allison James Elite) Rainmaker large

Chris B Johnson REALTOR®

5 Star Rated REALTOR® Quality, Not Quantity

Moorpark, CA

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Allison James Elite

Address: 587 W. LOS ANGELES AVENUE, Moorpark, California, 93021

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Your Neighborhood Market Report Mortgage Pre Approval      Time To Buy A Home The Cost Of Waiting Chris B Johnson, REALTOR®, SFR®, CDPE®, CHS®Certified Distressed Property Expert,


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