May 25, 2022

BREAKING: Great Income Property Just Listed in Fullerton

A once-in-a-lifetime opportunity starts now!

 

Located in one of the most prime areas in all of Fullerton for a Income property this amazing piece of real estate nestled on a corner lot in a cul-de-sac is now available. This duplex is located right off Valencia Mesa, very close to St. Jude hospital and many medical offices. As you go through the roundabout and approach the property you will notice the cleanliness and well maintained landscape of this wonderful income property. This duplex features 2 single story, over sized, units just under 1200 SqFt each, with their own single car garages and driveway! These units also feature central air & heat, along with wood floors throughout, custom brick fireplaces, granite counters (Kitchen & Bathrooms), laundry room, dual sink vanities in bathrooms, large backyard, and so much more! This awesome property also features Individual gas & electric meters. One of the many other benefits of this property is the prime location which is close to hiking, biking & horse trials, along with great parks, restaurants, shopping, hospitals, and schools! This property would be great for an owner occupied or landlord looking to add to their portfolio, do not miss out on this once in a lifetime opportunity to own prime income property in the great city of Fullerton.

 

 

Schedule a showing w/Geoffrey Luna at (562)-686-4593

 

 

Posted in News
April 11, 2022

BREAKING: You Won't Believe This Home Just Listed in Hacienda Heights!

A once in a lifetime opportunity starts now!

 

This once in a lifetime opportunity to own a remarkable piece of prime real estate nestled in the hills of Hacienda Heights starts now! This unique property hasn’t been available for over 40 years. As you drive up the quite road and into the cul de sac of royal view road you are greeted by the beautiful hills of Hacienda Heights and as you approach the property you will notice not 1, but 2 homes on 1 lot! Yes that is correct 2 single level homes with separate addresses on 1 large lot (Nearly 8800 SqFt). Welcome to 16803 & 16805 Royal View Rd. Starting with 16803, this guest house is nothing short of spectacular! With 1,000 SqFt of living space the owner spared no expense from the beautiful tile entry, custom textured walls & Ceilings, custom oak cabinetry & granite counters with breakfast bar, dual pane windows, jacuzzi tub w/ seperate shower, oversized master bedroom, skylight, dual closets, Insta hot water system, central air & heat and much more! As you make your way to the main home ,16805, you will notice the nice outdoor living area, along with the custom oversized front door! When you walk inside you will notice the beautiful open floor plan and so much detail! From the custom Faux painting, laminate flooring, custom oak cabinets, Pacific Sales fixtures throughout, custom moldings, skylights, high ceilings, custom windows, Jacuzzi tub, Insta hot water system, central air & heat, solar panels, custom koi pond, beautiful pool & jacuzzi, amazing view, custom casita with bbq pit, pizza over, and fire pit & SO MUCH MORE! Do not miss this opportunity to own such a spectacular home, these custom properties do not come around often, see you soon!

 

Schedule a private tour of this home | Call/Text Geoffrey Luna at (562)-686-4593 

 

 

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Posted in News
March 28, 2022

How SB-9 and SB-10 Affect Californian Housing

Breaking down SB-9 and SB-10 and how they help our housing crisis.

We were talking with a client the other day when SB-9 and SB-10 came up. It was a great discussion, so we thought we’d cover that topic today.

What is SB-9? In short, it’s a 2021 senate bill that allows up to four homes in most single-family zones, regardless of local zoning. You can use SB-9 to split your lot, add a second home to your lot, or do both for a total of four homes. This bill took effect on January 1, 2022.

SB-10 makes it easier for cities to zone for small, low-cost housing developments of up to 10 units. It provides tools for local governments to zone up to 10 homes per parcel in transit-rich areas or urban-infill sites. However, SB-10 preserves local government control since a local body must pass a resolution to adopt the plan. 

If you’d like more information about either bill, click this link for more information. If you have any other questions, feel free to call or email us. We’d be happy to help.

 

Posted in News
March 3, 2022

ADUs in a Nutshell

Explaining the differences between standard ADUs and junior ADUs.

There's a lot of talk going on right now about ADUs and junior ADUs. Today we’ll explain the difference between the two.

An ADU is an accessory dwelling unit, also known as a granny or in-law unit. It’s a living unit that may be up to 1,200 square feet and is an accessory to a single-family or multi-family residential building, whichever developments are permitted.

A junior ADU is a dwelling unit with independent exterior access that is no more than 500 square feet in size and contained entirely within a single-family residence, including an attached garage. The proposed junior ADU or the existing single-family residence must be owner-occupied.

If you have any other questions, don’t hesitate to reach out to us by phone or email. We look forward to hearing from you.

 

Posted in Market Updates
Feb. 14, 2022

3 Ways To Make a Better Offer

Here are three things you can do to make your offer stronger.

Right now, we’re in a seller’s market. Many buyers are forced to compete for a small number of houses, so today I’ll share three tips to get your offer accepted in this tough market:

1. Know the market you want. Make a custom market report on our website so you can see what homes are selling for instead of just looking at the list prices. Many good agents will list homes under their market value to cause a bidding war. However, if you know the market, you will have a better understanding of what the property will most likely sell for. Many clients fail to do this and end up missing out on properties because they were too scared to offer too much for the property or didn't think it was worth it until they saw what it actually sold for.

2. Shorten your contingency periods. As listing agents, we always want to close a transaction as soon as possible. Most of the time, you don't even need 21 days to remove all your contingencies. We usually write our offers and remove contingencies in 14 to 17 days. That gives the sellers more confidence in our offer.

“If you know the market, you'll know what the property will most likely sell for.”

3. Work with an aggressive agent. An aggressive agent will call the listing agent, talk to their client, and find out any information that can help their client get their offer accepted. I can't tell you how many times agents have simply emailed us offers and didn't even call us to give us any information about their clients.

If you are planning on buying a home this year, let's have a conversation about how we can help you. Don’t hesitate to reach out to us by phone or email. We look forward to hearing from you.

Posted in Market Updates
Feb. 10, 2022

La Mirada Real Estate Market Update Jan 2022

"Today I'll go over the La Mirada Real Estate Market Update for January 2022"

The Real Estate Market is always changing and in this video I will be going in detail what the numbers look like for La Mirada, CA in January of 2022. 

If you have any questions please do not hesitate to give us a call, we appreciate you being here.

Posted in Market Updates
Jan. 10, 2022

How Will Zillow Go Forward?

Today I’ll discuss Zillow’s mistakes with their home buying program.

 

Lately, Zillow has been making headlines. Their stock plummeted, and they’ve announced that they’re discontinuing their home-buying program until the end of the year. This news is significant because a lot of buyers rely on Zestimates. However, this also exposes just how unreliable Zestimates and Zillow’s algorithms are. When the Zillow Offers program was deemed unreliable, they lost $569 million. Bloomberg wrote an article saying that Zillow was going to unload 7,000 homes to institutional buyers.

 

Barbara Corcoran said of Zillow’s CEO that, “He went into a space that has nothing to do with finding homes for people. It's buying homes for flipping, and none of the stars align.” It'll be interesting to see what Zillow does and how they pivot moving forward.

 

If you have any questions, feel free to reach out via phone or email. I look forward to hearing from you.

 

 

Posted in Market Updates
Dec. 27, 2021

My First Market Prediction for 2022

Here’s where I think interest rates are headed in the next few months.

 

First, I want to say thanks to all of you for subscribing to our channel and our page. Happy holidays from our family to yours, and a happy New Year’s, too. 

As we approach 2022, I want to offer a prediction. Although inventory is low now, I predict an increase in interest rates in the coming months. This would undoubtedly have an impact on our home-buying market, and we’ll be keeping an eye out for you. 

If you have any questions for me, don’t hesitate to reach out via phone or email today. I look forward to hearing from you soon.

 

Posted in Market Updates
Nov. 12, 2021

3 Tips for Sellers

Here are three tips for anyone considering selling in our market right now.

 

There’s no question that we’re in a seller’s market, and we have been for a while. So if you’re considering selling your home, here are three tips you need to know to sell in our current real estate market:

 

1. Hire a professional photographer. If you go on Zillow or Redfin, you’ll see many terrible photos. I can’t believe some of these photos are being used to market homes. Hire a professional photographer to take photos of your home to ensure you’re attracting buyers, not repelling them.

2. Price the property aggressively. Do not overprice your home—it could ultimately hurt your sale. If you have an attractive price, you’ll have more buyers who might drive up the price. 

3. Have your listing agent present at showings. This may seem like a small thing, but it’s actually a huge deal. Don’t rely on a lockbox. With your real estate agent present, they’ll get to meet buyers and determine their motivation for wanting to buy your home. Otherwise, you’re relying on the buyer’s agent for all the information. You want to vet the buyers walking through your property. That way we know who we’re dealing with and can negotiate a great offer. 

 

If you have any questions or are thinking about selling, call or email us. We would love to help you.

 

Posted in Market Updates
Nov. 3, 2021

BREAKING: Zillow Takes A 569 Mil Haircut

According to Bloomberg, Zillow is pulling the plug on it's "Popular" home flipping program after it's high tech algorithms were deemed unreliable enough to build a stable business. The company plans to take losses as much as $569 million and also plans to reduce it's workforce by 25%. Zillow's stock price on Oct. 29 was $105.72, since news has came out and the writing of this article the stock now stands at $65.86 on Nov. 3rd. 

 

It was not long ago Rich Barton, who is the CEO of Zillow, bragged about how popular Zillow's home buying program was. He said it was so great and how many homeowners would rather sell to Zillow instead of listing it with agents and avoid potential bidding wars. So I guess it's a bad thing to have people bidding over your home?

It's amazing to see these big corporations try and dominate the real estate industry through "innovative technology" and try and devalue the realtor more less try and eliminate them. Well just like "Purplebricks" it looks like Zillow just went to the barber and got a "0" Fade all the way around. "We've determined the unpredictablility in forecasting home prices far exceeds what we anticipated, and continue to scale Zillow Offers would result in too much earnings and balance-sheet volatility," CEO Rich Barton said in the company's earnings statement.

 

On Oct. 18th Zillow issued a statement saying it will not be making any offers on homes through the Zillow Offers program for the remainder of the year. Bloomberg reported that Zillow was marketing 7,000 homes for $2.8 billion to institutional investors.

 

Find out how much your home is Really worth in this market!

Thinking of Selling? Please do not make these mistakes

Are you a buyer? Find out how to actually make competitive offer with 0% risk

Find out how our team is able to get top dollar for any home, anytime

 

 

 

 

Geoffrey Luna

Realtor

DRE#02039592

Contact Me

 

 

Posted in News