14th Wednesday Jan 2015

Will 2015 Be the Year You Become a Homeowner?

Written by: Vanessa
Comments: 0
Category: Real Estate Bits


Did you sit on the sidelines as everyone you knew became homeowners in 2014? Are you still waiting for prices to come spiraling down? With rates hovering at 3.75% for a 30-year-fixed (the lowest since May 2013), it’s highly, highly unlikely that’s going to happen anytime soon.

The painful facts are that it’s still a seller’s market, inventory is still relatively low and the Eastside, featuring the sizzling ‘hoods of Highland Park, Eagle Rock, Mt. Washington, Atwater and Silver Lake, is still the hottest market in L.A.

So what’s a newly motivated prospective home buyer to do? Luckily, to buy a house, you only need two little things! If you’ve made up your mind to buy a house in 2015, the first thing you’ll need is 1) a loan pre-approval. With homes literally flying off the market, it’s imperative that you’re prepared because the gems (great locations, looks, price) will sell within 1-14 days.

Second, and probably most importantly, you’ll need 2) an awesome real estate agent, may I suggest me :), to guide you through sometimes choppy Eastside waters and get you safely to your new front door. Questions? Ask away!

Need a great lender referral?

My preferred lenders are nice, approachable, great at explaining and hand holding. They’ll go battle for you to get your loan through underwriting, so have a quick chat to determine the best fit.

Eddie Ajamian, NMLSR #342821, Franklin Loan Center, Pasadena
Office: 626-219-7192 | Cell: 626-826-5225

Jinhee Hann, NMLSR #450223, Wells Fargo, Los Angeles
Office: 213-688-3613 | Cell: 213-300-0618

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