This article was provided to you by the Surf City Kahunas of Real Estate:
The Louison Team, Raymond and Stephanie Louison
714-925-5361 or 714-307-2934
http://www.soldonhb.com
Altera Real Estate - Huntington Beach Office
All information deemed reliable, however not guaranteed!
Thursday, December 30, 2010
Surf City Lifestyles Newsletter - January 2011
Monday, November 1, 2010
Surf City Lifestyles Newsletter - November 2010
This Newsletter was provided to you by the Surf City Kahunas of Real Estate:
The Louison Team, Raymond and Stephanie Louison
714-925-5361 or 714-307-2934
Website: http://www.soldonhb.com
Lifesytles Website: www.SurfCityKahuna.com
Altera Real Estate - Huntington Beach Office
All information deemed reliable, however not guaranteed!
Monday, October 18, 2010
Orange County Housing Report: A Great Time to Be a Buyer
Values have dropped, rates are low, and it’s a buyer’s market. If you are a buyer, what are you waiting for?
Buyer’s Market: Buyer’s should not wait for a seller’s market to purchase.
Markets go up and markets go down. Isn’t it odd that buyers rush to purchase when the market is climbing in fear that they will be left behind. They enter a market where there is tremendous competition and, often, they feel rushed to settle on a home that may not fulfill their wish list. Yet, as markets climb, affordability drops until it finally reaches a point where demand drops, cooling price appreciation. The current market is completely different. It’s a buyer’s market where values have already dropped over 30%. Affordability has been restored and interest rates are at all time lows. Current interest rates improve home affordability dramatically. The historically record low rates translate to the lowest possible monthly payments. Unfortunately, buyers just don’t shop based upon the monthly payment. Too much emphasis is paid on the purchase price and not enough on payments. People shop for cars based upon the monthly payment. Why not homes? As new homeowners mail off their monthly mortgage payment, wouldn’t they rather pay a few hundred dollars less? How about $1,000 less? Cashing in on today’s rock bottom interest rates saves anywhere from hundreds of dollars to over a thousand dollars per month, depending upon how high interest rates will climb. As the market improves interest rates WILL GO UP. This is the absolute best time to purchase, during a buyer’s market. The buyer’s market will not be around forever.
Market Changes: The real estate market will move along its normal cyclical pattern, but don’t expect abnormal changes.
I am often asked where I think the market is going from here. Regardless of what you hear or read in the news, the market is not going to drop off a cliff or skyrocket anytime soon. What you see is what you get, a lot more of the same. For the coming years, the real estate market is not going to change much at all. As a buyer, holding out for another 10% drop is not wise. Values have already dropped over 30% and today’s affordability has propped up demand, keeping values stable. Likewise, for sellers that need to sell and are waiting for real price appreciation, they may have to wait a few years. Boring is the new normal. The market will slow during the Holiday market, from Halloween through the first few weeks of the New Year. It will pick up in the Spring, cyclically the best demand of the year. Then it will cool a bit during the summer. There are no more surprises. It will take a few years to exhaust the infamous “shadow inventory” of homeowners in default. The market has already been slowly working its way through the shadows already. As a buyer or seller, expect more of the same. It really is what you see is what you get.
Copyright 2010 - Steven Thomas, Altera Real Estate - All Rights Reserved. This report may not be reproduced in whole or part without express written permission by author.
Buyer’s Market: Buyer’s should not wait for a seller’s market to purchase.
Markets go up and markets go down. Isn’t it odd that buyers rush to purchase when the market is climbing in fear that they will be left behind. They enter a market where there is tremendous competition and, often, they feel rushed to settle on a home that may not fulfill their wish list. Yet, as markets climb, affordability drops until it finally reaches a point where demand drops, cooling price appreciation. The current market is completely different. It’s a buyer’s market where values have already dropped over 30%. Affordability has been restored and interest rates are at all time lows. Current interest rates improve home affordability dramatically. The historically record low rates translate to the lowest possible monthly payments. Unfortunately, buyers just don’t shop based upon the monthly payment. Too much emphasis is paid on the purchase price and not enough on payments. People shop for cars based upon the monthly payment. Why not homes? As new homeowners mail off their monthly mortgage payment, wouldn’t they rather pay a few hundred dollars less? How about $1,000 less? Cashing in on today’s rock bottom interest rates saves anywhere from hundreds of dollars to over a thousand dollars per month, depending upon how high interest rates will climb. As the market improves interest rates WILL GO UP. This is the absolute best time to purchase, during a buyer’s market. The buyer’s market will not be around forever.
Market Changes: The real estate market will move along its normal cyclical pattern, but don’t expect abnormal changes.
I am often asked where I think the market is going from here. Regardless of what you hear or read in the news, the market is not going to drop off a cliff or skyrocket anytime soon. What you see is what you get, a lot more of the same. For the coming years, the real estate market is not going to change much at all. As a buyer, holding out for another 10% drop is not wise. Values have already dropped over 30% and today’s affordability has propped up demand, keeping values stable. Likewise, for sellers that need to sell and are waiting for real price appreciation, they may have to wait a few years. Boring is the new normal. The market will slow during the Holiday market, from Halloween through the first few weeks of the New Year. It will pick up in the Spring, cyclically the best demand of the year. Then it will cool a bit during the summer. There are no more surprises. It will take a few years to exhaust the infamous “shadow inventory” of homeowners in default. The market has already been slowly working its way through the shadows already. As a buyer or seller, expect more of the same. It really is what you see is what you get.
Copyright 2010 - Steven Thomas, Altera Real Estate - All Rights Reserved. This report may not be reproduced in whole or part without express written permission by author.
This article was provided to you by the Surf City Kahunas of Real Estate:
The Louison Team, Raymond and Stephanie Louison
714-925-5361 or 714-307-2934
http://www.soldonhb.com
Altera Real Estate - Huntington Beach Office
All information deemed reliable, however not guaranteed!
Friday, October 1, 2010
Surf City Lifestyles Newsletter - October 2010
The October 2010 Issue of our "Surf City Lifestyles" Newsletter is now available. This newsletter is designed to keep you well informed about what’s happening in Huntington Beach. Includes Current Local Events, A Poem, A Recipe, A Trivia Contest, and much more...
This Surf City Lifestyles Newsletter was provided to you by the Surf City Kahunas of Real Estate:
The Louison Team
Raymond and Stephanie Louison
714-925-5361 or 714-307-2934
http://www.soldonhb.com
Altera Real Estate - Huntington Beach Office
All information deemed reliable, however not guaranteed!
Wednesday, September 1, 2010
Surf City Lifestyles Newsletter - September 2010
This Surf City Lifestyles Tidbit was provided to you by the Surf City Guru and the Surf City Kahunas of Real Estate:
The Louison Team
Raymond and Stephanie Louison
714-925-5361 or 714-307-2934
http://www.soldonhb.com
Altera Real Estate - Huntington Beach Office
All information deemed reliable, however not guaranteed!
Saturday, August 7, 2010
For Sale: 4BR/2+1BA Single Family House in Huntington Beach, CA, $749,999
For Sale: 4BR/2+1BA Single Family House in Huntington Beach, CA, $749,999
Nicely Remodeled Pool Home! Wonderful Tropical Landscaping w/Automatic Sprinkler system, Large Pool and Spa. Inside Has Gorgeous Hardwood Flooring, Crown Moldings, Textured Ceilings, Designer Paint etc... Recently Remodeled Kitchen With Top Quality Appliances, Cabinets And Bull Nosed Countertops with Matching Backsplashes… Upgraded French Double-Payne Windows and the list goes on and on…
More Photos at www.SoldOnHB.com
Saturday, July 31, 2010
The August 2010 Issue of our "Surf City Lifestyles" Newsletter is now available.
This Surf City Lifestyles Newsletter was provided to you by the Surf City Kahunas of Real Estate: The Louison Team
Raymond and Stephanie Louison
714-925-5361 or 714-307-2934
http://www.soldonhb.com
Altera Real Estate - Huntington Beach Office
All information deemed reliable, however not guaranteed!
Friday, July 16, 2010
Huntington Beach Lodge #380 - Annual Deep Pit Barbeque
Tickets are now on sale for this fun and tasty event.
The Huntington Beach Masonic Lodge has a huge deep-pit barbeque that is filled with delicious seasoned pork and beef roast wrapped in cheese cloth, then burlap. The meats are slowly cooked overnight and then transported down the block to the park just in time for the BBQ. This event is designed for the entire family.
The cost is only $10 per person for all you can eat or until the food runs out. Other included items: roasted garlic bread, potato and macaroni salads, watermelon, ice tea, lemonade and coffee. Leftovers are usually sold by the pound towards the end of the event.
Members of Eastern Star, Demoley and Job’s Daughters usually sell homemade crafts, deserts, and sodas.
DJ and Live music, games and entertainment provided. Plus The El Bekal Shrine Clowns and Steel Drum Band will be performing.
You don't have to be a member to attend, everyone is welcomed!
Please let Raymond know if you want pre-purchase tickets or directions to this great Masonic Family Event being held on Sunday, August 1, 2010. Meal tickets also on sale during the BBQ. For more information please contact: RAYMOND_LOUISON@yahoo.com
This Surf City Lifestyles Tidbit was provided to you by the Surf City Guru and the Surf City Kahunas of Real Estate:
The Louison Team
Raymond and Stephanie Louison
714-925-5361 or 714-307-2934
http://www.soldonhb.com
Altera Real Estate - Huntington Beach Office
All information deemed reliable, however not guaranteed!
Paws For The Cause - Fountain Vally 5 K
Let's do something fun and make a difference in our community while we are doing it!
Together, we can do so much more!
There are several avenues and levels of participation available to you. From signing up to participate with or without a dog, to seeing how your company could benefit with one of the great Sponsorship Opportunities, having a 10'x10' booth, giving gift certificates, merchandise, or services to simple cash donations.
Your participation helps Paws for Cause accomplish 4 of our major goals:
1. Bring hope, love and encouragement to challenging circumstances such as disadvantaged kids, seniors, homeless, shut-ins and disaster victims.
2. To provide thousands of stuffed animals to hospitalized, special needs and less fortunate children.
3. Hosting mobile food outreaches in poverty-stricken areas of Orange County several times a week. The Chili-Mobile (mobile food pantry) provides hot meals, beverages, and bread to thousands of at risk people. The Chili-Mobile events also provide these homeless and low income families to interact and receive encouragement from the therapy dog teams.
4. Holding workshops to help attendees (management, volunteers, employees, nurses, pastors, counselors, etc.) develop confidence and skills needed to be an encouragement to individuals and families facing challenging circumstances in hospitals, children's hospitals and senior homes.
If you or your organization is able to participate either as a sponsor or runner, please go to
www.pawsforcauseoc.org and register or give us a call to discuss the details at (714) 845-8492.
Thank you for making a difference!
From Your Friends at The Waterfront Beach Resort.
Contact Information
Phone: (714) 845-8492
The Louison Team
Raymond and Stephanie Louison
714-925-5361 or 714-307-2934
http://www.soldonhb.com
Altera Real Estate - Huntington Beach Office
All information deemed reliable, however not guaranteed!
Monday, February 8, 2010
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