San Gabriel Valley Real Estate | Brion Costa, CCIM

How Loud Is Your Neighborhood? Know Your Soundscore!

Steve Gaghagen — Tue, 28 Jun 2016 18:14:27 +0000

Everyone knows the classic “real estate trade off” that you get for buying a home right near a freeway or an airport. You can expect a great price in exchange for the constant noise levels. These days, however, there are so many different sources of noise that things just aren’t that simple. A nice, quiet […]

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Real Estate News: Millennials Should Consider Leaving The Nest… Now

Steve Gaghagen — Mon, 04 Jan 2016 23:20:00 +0000

Real Estate News – “Millennials appear to be in no rush to ditch their parents’ homes. Perhaps they should be. …” Millennials Should Consider Leaving The Nest … Now Market Conditions May Be As Good As They’ll Get For Millennials Wondering When To Jump In As we begin the new year, one of the things we need […]

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Southern California Home Sales: Luxury Home Prices Fall Nationwide

Steve Gaghagen — Fri, 18 Dec 2015 19:40:00 +0000

Southern California Home Sales – “The luxury market was the first to recover from the housing downturn, and now it’s a bellwether of slowing price growth for the rest of the market. Sales at the top end of the market continue to soar, but prices are downshifting …” Southern California Home Sales: Luxury Home Prices Fall […]

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San Gabriel Valley Home Values: Zillow vs The True Value Of Your Home

Steve Gaghagen — Tue, 03 Mar 2015 19:45:00 +0000

San Gabriel Valley Home Values – Home shoppers, sellers and buyers routinely quote Zestimates to realty agents as gauges of market value. But … some areas are off by almost 30%! San Gabriel Valley Home Values: Zillow vs The True Value Of Your Home In Many Cases, Zillow’s “Zestimates” Do More Harm Than Good Here’s an […]

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Southern California Real Estate Values: Case-Schiller Reflects Market Slowdown

Steve Gaghagen — Tue, 30 Sep 2014 22:42:00 +0000

Southern California Real Estate Values – “Los Angeles home prices are leveling off at about 18% below their pre-crash peak … Broad slowdown in rising home prices reflects more ‘normal’ market, experts say” Southern California Real Estate Values: Case-Shiller Reflects Market Slowdown Slow & Steady Growth With Less Volatility Is Welcomed The S&P / Case-Schiller […]

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Mortgage Rates: Loan Rates Down Over Last Year

Steve Gaghagen — Sat, 28 Jun 2014 23:11:00 +0000

Mortgage Rates – “Down go mortgage costs despite latest cut in Fed’s rate-lowering stimulus program. … Mortgage rate freakout a year ago proved unfounded.” … Mortgage Rates: Loan Rates Down Over Last Year Mortgage Rate Panic Of Last Year Fades Last year at this time, market watchers were basically freaking out with predictions of skyrocketing […]

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San Gabriel Valley: Tourism & Investment From China Surging

Steve Gaghagen — Wed, 11 Jun 2014 17:36:00 +0000

Chinese Tourism – “With Los Angeles being a hub city, it makes sense to put money there,” he said. “Chinese have business there, kids who go to school there, plus it’s a great place for them to vacation.” … San Gabriel Valley Tourism: Tourism & Investment From China Surging San Gabriel Valley Is A Prime Destination […]

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Housing Affordability: Middle Class Priced Out Of Much Of Southland

Steve Gaghagen — Wed, 04 Jun 2014 00:12:00 +0000

Housing Affordability – “Where can the middle class afford to buy a home today? Affordability has worsened in the past year, as home prices have climbed faster than incomes and mortgage rates have risen.” … Housing Affordability: Middle Class Priced Out Of Much Of Southland Pasadena & San Gabriel Valley Becoming Out Of Reach We’ve been […]

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Home Sales: Nationwide Numbers For April

Steve Gaghagen — Fri, 23 May 2014 17:08:00 +0000

Home Sales – “The National Association of Realtors said on Thursday existing home sales increased 1.3 percent to an annual rate of 4.65 million units, marking the second increase in sales in nine months.” … Home Sales: Nationwide Numbers For April Summer “Selling Season” Is On The Way We focus in these pages almost exclusively on […]

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Southern California Real Estate – All Cash Transactions Widespread

Steve Gaghagen — Wed, 14 May 2014 16:44:00 +0000

Southern California Real Estate – “RealtyTrac estimated that in California, the majority of all-cash buyers are investors, second-time homeowners, and buyers from overseas” … Southern California Real Estate: “All Cash” Transactions Widespread Some Areas See 60% All-Cash Purchases In recent reports we’re finding that “All Cash” sales of homes in Southern California are a much more […]

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San Gabriel Valley Home Sales: Final Numbers for March

Steve Gaghagen — Mon, 28 Apr 2014 20:57:00 +0000

San Gabriel Valley Home Sales – “Pending home sales in California hit their highest level in eight months in March and the percentage of short sales plummeted to levels not seen since 2008, according to the California Association of Realtors. … San Gabriel Valley Home Sales: Final Numbers For March Number Of “Short Sales” Drops Sharply […]

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Selling Your Home: Should I List In Summer Or Winter?

Steve Gaghagen — Sun, 20 Apr 2014 16:18:00 +0000

Selling Your Home: Should I List In Summer Or Winter? Contrary To “Popular Wisdom”, Listing In Winter Might Bring You A Better Price! Everyone knows that if you want to sell your home quickly and for the best price, you need to list in Spring with an eye to selling then or just as Summer […]

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South El Monte To Hold First Time Buyer’s Seminar

Steve Gaghagen — Fri, 28 Mar 2014 20:00:00 +0000

San Gabriel Valley Real Estate News: South El Monte Holds 1st Time Buyer’s Seminar Seminar Required For “First Time Homebuyer Loan” There’s still time to plan to attend the City of South El Monte’s “First Time Home Buyer” seminar this month. The seminar takes place from 8:30 AM to 4:30 PM tomorrow, March 29th. It […]

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San Gabriel Valley Real Estate: Affluent Chinese Buyers Push Area Prices Upwards

Steve Gaghagen — Tue, 25 Mar 2014 07:00:00 +0000

San Gabriel Valley Real Estate: Affluent Chinese Buyers Push Area Prices Upwards Demand For L.A. Area Homes Among Wealthy Chinese Drives Market The San Gabriel Valley is at the very heart of what is driving the Southern California real estate market at the present time, and that’s the influx of wealthy Chinese buyers, both investors […]

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Real Estate News – Buying and Selling In 2014

Steve Gaghagen — Mon, 24 Mar 2014 22:15:00 +0000

Real Estate News: Buying And Selling In 2014 This Year Should Be Strongest Since Recession There are many predictions about the future of real estate right now, but from our standpoint here in the San Gabriel Valley in Southern California a few things are becoming very clear. Most of them have to do with competition […]

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Real Estate Values: CAR Reports Values Down In September

Steve Gaghagen — Sat, 02 Nov 2013 18:22:32 +0000

Real Estate Values: CAR Reports Values Down In Sept Rise In Prices Slows In September As Interest Rates Rise The California Association of Realtors latest report on Home Values show that values in California Home Sales dropped in September to their lowest levels since February. However, they were still above September value levels for the […]

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