First Team Real Estate Blog

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FIRST TEAM’S WEEKLY MORTGAGE WATCH (June 18th, 2017) THIS WEEK HIGHLIGHTS THE FOLLOWING UPDATES:

  • Even with a Fed rate hike last week, mortgage rates barely budged. 
  • The Fed did announce plans to begin reducing its massive balance sheet, at some point later in the year. The plan is very gradual and should help the market slowly adjust to a less accommodative policy. 
  • Overall, the economy seems to continue to remain in the same slow recovery mode that we’ve all grown accustomed too. As the 2nd quarter’s data trickles in, it appears we won’t have any large increase in overall economic activity. 
  • Industrial Production flat-lined, with manufacturing pulling back. 
  • Once again, inflationary pressures

Best get in all your house hunting at Orange County open houses before the Father's Day celebrations begin. And while you're out and about, don't forget to pick up something special for dad!

 Orange County

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Make the most of your home search this weekend by teaming up with a real estate agent. Search for an agent on our site or reach out and we’ll match you up with an agent today to be house hunting with you tomorrow.

Email us at clientservices@firstteam.com

Call us at 888-870-1142

HOME BUYER TIP: Now is a great time to buy because mortgage rates have remained low. According to the latest Weekly Mortgage Watch, the average 30-year fixed rate is at 3.89%. Stay up to date with the latest

Dad wants the best for you, so start searching for it this weekend at open houses in Los Angeles County. Whether it's a modest condo or a bigger, better property with more room to grow, we'll help you find it.

LA COUNTY

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If you’re going shopping for a home this weekend, the smartest plan is to have an agent by your side. An agent can help you act fast when you find the perfect home, and answer all of your burning home buying questions. If you have questions before you head out or would like to team up with an agent, find a First Team agent online or reach out and we’ll match you with a top agent near you.

Email us at clientservices@firstteam.com

Call us at 888-870-1142

HOME BUYER TIP: If you

The best Father's Day present is a brand new backyard with a built-in BBQ. Shop with dad this weekend at open houses in Riverside and San Bernardino Counties. We think you'll find something the whole family can fall in love with.

RIVERSIDE COUNTY

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SAN BERNARDINO COUNTY

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If you have any questions about open houses, the real estate process, or your local market, just ask a real estate agent. It’s literally their job to help you find a house and some happiness at home. Search online for an agent near you or contact us and we’ll match you with an agent in your area.

Email us at clientservices@firstteam.com

Call us at 888-870-1142

HOME BUYER TIP:

Homeowners often incorrectly believe that they have to make extensive and expensive changes to their homes to improve property value for investment or sales purposes. You can improve your home's appearance with just a few quick changes. You don't need to spend a lot of money either. Consider these three methods:

Invest In Cleaning Services

People are more likely to see the appeal of your home when it and nearby structures have bright, clean exteriors. Hire someone to remove debris from the roof and gutters and power-wash the siding, windows and porch or patio, if applicable. For cleaning paved sidewalks and driveways, hire a paving stone clearing and restoration service like Paving Stone of San Diego. A paving stone cleaner not only removes dirt,

House flipping is one of the tried and true ways to generate serious capital in the real estate market. Simply buy your properties low, fix them up a bit and sell them for a significant profit. Sounds simple, right?

According the the latest from ATTOM Data Solutions, the majority of people flipping properties are mom-and-pop flippers, turning over 1 property on average per year. The ideal flip is quick and cheap, however, most mom-and-pop flippers pay more for their properties and take longer to flip. Check out the data below. 

Flipping is a simple idea, but it is important to know where to focus repairs and updates around the house before tossing the home back on the market. Here are four areas to focus on to get the profits you want on a quick

HGTV's 4th annual Ultimate House Hunt contest, featuring listings exclusively from Leading Real Estate Companies of the World® and Luxury Portfolio International® members, is officially underway! The 2017 HGTV Ultimate House Hunt is a month-long online promotion being held on HGTV.com from June 13 through July 18. During the contest period, consumers vote for their favorite homes among 64 finalists in eight different categories.

This year, we're honored to announce that two First Team Real Estate listings from Jason Bradshaw have been selected by editors of HGTV.com based on their extraordinary features and inspirational design, captured by striking photography. 43 Beach View is a finalist in the Modern Masterpieces category and 17 Premiere Point has

A rental property is a great investment that can provide you with a lucrative source of income over the years. However, as an investor, you may also be well aware that your investment could result in financial loss. One of the most significant sources of financial loss relates to tenant activities.

Everything from property damage caused by tenants (or a tenant's pet) to having to evict tenants for non-payment of rent can result in serious financial loss. The good news is that there are plenty of steps to take that can decrease the risk of this happening to you. When you do the following leg work, you protect yourself from unsavory tenants and loss of rental income. 

Determine Your Screening Requirements Up-Front

Running your property should

 

Click here to download the PDF.

FIRST TEAM’S WEEKLY MORTGAGE WATCH (June 11th, 2017) THIS WEEK HIGHLIGHTS THE FOLLOWING UPDATES:

  • Mortgage rates found room to trend downward last week, as politics weighed heavily on financial markets. 
  • Domestically, the drama surrounding all things Russia continued to decrease the odds of the new administration completing any real regulatory or tax reform program. 
  • “Across the pond,” the UK’s snap election resulted in a hung parliament, which translates into more uncertainty for the start of the BREXIT negotiations. 
  • All of this pushed even more money into US Treasuries and bonds.
  • This week is heavy with economic data and a Fed meeting. Markets have already “baked in” another rate increase, but

The right time to buy a house is when you're ready. If your life and your finances are saying yes, then it's time to visit open houses this weekend in Orange County. Stop procrastinating and start shopping!

 Orange County

View all First Team Orange County Open Houses

Make the most of your home search this weekend by teaming up with a real estate agent. Search for an agent on our site or reach out and we’ll match you up with an agent today to be house hunting with you tomorrow.

Email us at clientservices@firstteam.com

Call us at 888-870-1142

HOME BUYER TIP: Once you find that perfect house that fits your wish list, make sure you check all the nitty gritty details before making an offer. Here's our list of 5 house-ready checks to do