Home Buyers Alert – 5 Reasons to Buy a Home Now Instead of Spring

Home Buyers – 5 Reasons to Buy Your Home Now Instead of Spring time

 

Reasons to Buy Your Home Now!

 

5 Reasons to Buy a Home Now Instead of Spring in 2014

 

Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five reasons purchasers should consider buying before the spring market arrives:

 

1)Supply Is Shrinking

 

With inventory declining in many regions, finding a home of your dreams may become more difficult going forward. There are buyers in more and more markets surprised that there is no longer a large assortment of houses to choose from. The best homes in the best locations sell first. Don’t miss the opportunity to get that ‘once-in-a-lifetime’ buy.

 

2) Price Increases Are on the Horizon

 

Prices are projected to appreciate by over 25% from now to 2018. First home buyers will probably pay more both in price and interest rate if they wait until the spring. Even if you are a move-up buyer, it will wind-up costing you more in net dollars as the home you will buy will appreciate at approximately the same rate as the house you are in now.

 

3)Owning a Home Helps Create Family Wealth

 

Whether you are rent or you own the home you are living in, you are paying a mortgage. Either you are paying your mortgage or your landlord’s. The Fed, in a recent study, revealed that the net worth of the average homeowner is 30 times greater than that of a renter.

 

4)Interest Rates Are Projected to Rise

 

The Mortgage Bankers Association, the National Association of Realtors, Freddie Mac and Fannie Mae have all projected that the 30-year mortgage interest rate will be over 5% by the this time next year. That is an increase of almost one full point over current rates.

 

5)Buy Low, Sell High

 

We would all agree that, when investing, we want to buy at the lowest price possible and hope to sell at the highest price. Housing can create family wealth as long as we follow this simple principle. Today, real estate is selling ‘low’ compared to where it will be next year. It’s time to buy.

 

Call us today for a Buyer Consultation so that we can answer all of your questions, Pre- Qualify you, and get you on the right track. Our TEAM of Home Buying Realtors can help you today. 

562-533-4003

Top Long Beach Real Estate Team – Luxury Estates & Million Dollar Ocean Front Homes

Christmas & Holiday Safety Tips for Long Beach Residents

Christmas Safety Tips – Long Beach CA 

Christmas trees float in Alamitos Bay and Colorado Lagoon in Long Beach, California.

Long Beach Police Department LBPD 400 W. Broadway Long Beach, CA 90802 (562) 435-6711Jim McDonnell, Chief of Police L.B.P.D. OFFERS HOLIDAY SAFETY TIPS   The Long Beach Police Department would like to remind everyone to report suspicious activity immediately by calling police dispatch at 9-1-1 or (562) 435-6711, and to practice the following safety tips: While shopping: -Place all gifts and packages in the trunk or out of sight -Be aware of your surroundings at all times and walk with confidence -Park in well-lighted areas -Avoid shopping alone; there is safety in numbers -Use credit or debit cards for purchases to avoid carrying large amounts of cash -Keep car doors locked and windows closed -Carry purses or bags close to your body -Have the car key in your hand prior to getting to your vehicle -Report suspicious persons or packages to on-site security or police Suggestions in and around your home: -Keep gifts in areas that cannot be seen from doorways or windows -Install exterior motion sensor lighting -Keep bushes and shrubbery trimmed to eliminate places for thieves to hide -Postpone mail and newspaper deliveries while traveling -Do not store gifts in vehicles or unsecured areas Suggestions for business operators: -Lock unused doors (in compliance with Fire Codes) -Keep only necessary cash in the register -Vary the schedule and route for bank deposits each day -Make sure the register is clearly visible to passers-by -Advertise your security alarm system with signs in visible locations -Ensure video surveillance cameras capture facial features -Develop a mutual aid system among stores on your block or close to you For additional crime prevention tips, visit www.longbeach.gov/police

Latin American Festival in Long Beach, California

Latin American Festival 2013

Downtown Long Beach

5th Annual Latin American Festival returns to Downtown Long Beach on Saturday, September 7, in a new location. Co-produced by the Downtown Long Beach Associates (DLBA) and Vice Mayor Robert Garcia, the event will take place on Historic Old Pine Avenue at 7th Street from 5pm – 10pm.

Lifestyles of Long Beach Latin American Festival 2013

The evening’s festivities will include live performances from acclaimed bands La Santa Cecilia and Raul Pacheco Y Los Dragones de Cumbia. La Santa Cecilia is a Los Angeles based music group that has performed with music legends like Elvis Costello and is known for their modern hybrid of Latin rhythms and rock and roll. Raul Pacheco Y Los Dragones de Cumbia was formed by Ozomatli front man Raul Pacheco and is known for its lively and danceable Cumbia sound.

Numerous vendors selling hand-made clothing and original artwork, a beer and margarita bar provided by Agave’s, interactive opportunities, health & wellness information and authentic Latin Cuisine will also be featured at the event. Live music and dance performances will take place throughout the night on two stages and a children’s activity area will feature a variety of activities geared to younger guests. The Arts Council for Long Beach will provide piñata making and dance classes in the A Lot, located on the west side of Pine Avenue, just south of 7th Street.

Long Beach has so much to offer its residents and visitors. If you or your family or friends are looking to move to a city that offers events throughout the year, great neighborhoods, beautiful communities, award winning schools and beautiful homes then Long Beach is for you. We are centrally located South of Los Angeles and North of Orange County. We offer miles of beaches and bike paths. Call us for more information today. Hablamos Espanol.

Our Top Long Beach Real Estate Team will help you find your perfect home. For all of your Real Estate needs & more… Call Ricardo the Realtor. 562-533-4003 or email us at RTR@RicardoTheRealtor.com

Top Long Beach Realtor Team

 

 

Buying vs. Renting a home in Long Beach, CA

Buying vs. Renting a Home in Long Beach

To RENT or OWN? 56 Reasons listed below.

If you are looking to buy or rent in Long Beach call us first. For all of your Real Estate needs and more… Call RicardoTheRealtor.com

Rent Advantages

May be cheaper than a mortgage payment
Fewer (if any) maintenance costs
No down payment required (less deposit)
No real estate taxes (renters insurance optional)
Less stress (who cares, it’s not yours!)
Freedom to move or downsize when necessary
No risk of home price depreciation

Some utility bills may be included
“Free” amenities such as pool, gym, security
Money can be used for other, more profitable investments
Can’t be foreclosed on
Rent Disadvantages
Rental payment may exceed monthly cost of mortgage
No ownership or wealth creation
Payments never stop when renting
Rent will rise over time
Must deal with a landlord or management company
No tax benefits
Rules, regulations, and limitations
More temporary, less stability
Always at the mercy of the property owner
Pets may not be allowed

For all of your Real Estate needs and more… Call Ricardo the Realtor 562-533-4003
Our Team of Realtors always outperforms an individual.

Ownership Advantages
You can build home equity and wealth
Status- Status-Status
Sizable tax deductions possible
Your space, your rules (pets welcome)
Ability to remodel, expand, tear down
Pride of ownership (social status, accomplishment)
Potentially better for children, family structure
Mortgage can improve your credit history/score
Ability to borrow against your home (HELOC or cash-out)
No more monthly payments once mortgage paid off
Fixed payments (if you choose a fixed mortgage)
Mortgages are the cheapest loans available
No landlord
Can exclude capital gains when you sell (partially)
Inflation hedge
Can rent out to others
Can sell and use proceeds for bigger/better home
Retirement nest egg
It’s the American Dream!

Ownership Disadvantages

Home prices may lose value
Could overpay for your property
Obtaining a mortgage (and finding a home) is a hassle
Not everyone qualifies for a mortgage
You must pay taxes and homeowners insurance
Total housing payment can be more expensive
Mortgage payment can rise (if an ARM)
Sizable down payment necessary
Maintenance costs can be excessive
Pricey HOA dues (if applicable)
You’re “stuck” in a home (long-term commitment)
Increased liability and responsibility
Transactional costs of buying and selling
Ownership is stressful!
Taxes and insurance generally rise
Your home can be damaged or destroyed (and not fully insured)
Can be foreclosed on and lose your home

Hope this helps you in your search to Buy or Rent a home in our beautiful city of Long Beach, CA. Our Real Estate team is here to help you.

RicardoTheRealtor.com 562.533.4003
Our Real Estate Team always outperforms an individual.

Luxury Homes & Million Dollar Estates – Your Long Beach Top Real Estate Team

Luxury Homes & Million Dollar Estates – Your Top Long Beach Real Estate Team

“For all of your Real Estate needs and more… Call Ricardo The Realtor”

Your Long Beach  Top Real Estate Team with RicardoTheRealtor.com

Ricardo Perdomo, aka “Ricardo the Realtor,” is a real estate agent with Keller Williams Realty has a progressive approach to local real estate in Long Beach. Utilizing cutting-edge online marketing, which includes a thriving You Tube channel, Ricardo Perdomo not only buys and sells some of the most stunning homes in Long Beach, he showcases the kind of captivating lifestyle that comes with living in a exciting metropolitan city, with a mosaic of cultural influences, married with the charm of a beach town.

As a Long Beach resident for the last 14 years, “Ricardo the Realtor” is so enamored with the town he lives in that he has a whole website dedicated to giving insider tips on enjoying all the city has to offer. LifestylesOfLongBeach.com provides information on places to visit, eat, have fun, tour and live. If that doesn’t give someone enough insight on the city, the consummate agent offers a private tour with detailed community information.

The local real estate expert is genuinely proud of his city. He understands its pulse and all of its intriguing enclaves. When asked about why he loves Long Beach so much, the ardent realtor said, “I get really excited about Long Beach. It has everything. I don’t feel like I have to go to another city. We have a beautiful beach, a burgeoning downtown full of art and culture, communities with a small-town feel, golf courses, great public transit, and lots of user-friendly bike paths. To farmer’s markets and flea markets to concerts, art walks and boating competitions, there are so many events throughout the year. We have an airport and a seaport. It’s a self-sustaining city. It’s laid back, yet sophisticated and classy. It has finesse.”

Your Long Beach Top Real Estate Team
Ricardo The Realtor.com

With the Craftsman, Spanish Colonial and Victorian homes, Italian Villas, English Tudors, beachfront properties and posh high-rise condos Long Beach has to offer, Perdomo contends that Long Beach has a home and a neighborhood to fit everyone’s taste. Many real estate agents try to take on the whole city of Long Beach themselves, but with Long Beach’s enormity and diversity in mind, Ricardo has started compiling a Lifestyles of Long Beach team with two additional agents, Josie Neglia, aka “Josie the Realtor,” and Marisol Navar aka “Marisol the Realtor,” to help him zone in on each distinct community. This way the team can be well informed on the nuances of each neighborhood, beyond just home values. “Being involved in many facets of lifestyle in Long Beach makes it possible for us to help our clients and their families make their house a home,” said Perdomo.

“Our TEAM always outperforms an Individual.”

Naples Island Artist.com

Perdomo’s personality and interests are a reflection of the city itself. He’s a complex, forward-thinking man with varied interests. He’s down-to-earth, but enjoys the finer things in life. As an artist, Perdomo participates in yearly art events, such as the Belmont Shore Chalk Art Fest where he won second place in 2010 for the overall competition. He is also the co-organizer of the Long Beach Figure Drawing Group. He has also volunteered at the Museum of Latin American Art for over ten years. “I believe that art is a crucial part of our society because it can evoke such positivity and meaning in our lives,” said Perdomo.

Perdomo loves children. He is going on his fifth year as Religious Education Instructor for first grade children at St. Bartholomew Church in Belmont Shore. He is very active in his faith and finds great happiness in helping others. He is on the Board of Directors of Comprehensive Child Development, Inc., Long Beach, a non-profit organization that provides quality child care, education and support services for hundreds of low income families and their children in Long Beach and surrounding cities.

He is well-known in Long Beach and actively involved as a volunteer in several improvement associations for the island of Naples where he resides which are: Naples Improvement Association, Naples Island Business Association & Naples Seawall Committee.  If you want to know where to dine, play or relax in Long Beach, then Perdomo is the man to ask.  In order to promote local businesses in Long Beach, Perdomo passes out exclusive coupons to his clients that provide a glimpse of Long Beach lifestyle at its best.  His latest offer was for 15% off at Michael’s of Naples Ristorante, the best fine-dining restaurant in Long Beach, and one of the top restaurants in all of Los Angeles. Ricardo the Realtor really believes that we gain more by helping others and that includes local business. People helping people is what you will hear Ricardo say frequently.

To learn more about living in Long Beach and Ricardo Perdomo aka “Ricardo the Realtor” go to www.RicardoTheRealtor.com.

RicardoTheRealtor.com & your Long Beach  Top Real Estate Team

“Our TEAM always outperforms an individual.”

Your Long Beach Top Real Estate Team is here to help you. Luxury Homes & Million Dollar Estates. Communities include: Alamitos Heights, Alamitos Beach, Bay Harbour, Belmont Shore, Belmont Park, Belmont Heights, Bixby Knolls, Bixby Terrace, Bluff Park, Bluff Heights, California Heights, Carroll Park, College Park, Del Lago, Downtown, La Rochelle, Naples Island, Park Estates, The Peninsula, Wrigley… and surrounding cities such as Lakewood, Seal Beach, Signal Hill.