Finance Hour - Guest: Carlos Villalobos of Carlos Villalobos Insurance
Topics: 1.) Top Five Mistakes That Homeowners Make When Getting An insurance Quote Topic: 2.) You Have Options When It Comes To Earthquake Insurance
Real Estate Hour – Guests: Jesse Perez, Martha Ornelas
Topics: How NAHREP Affects Over 50% of the Real Estate Transactions In the San Fernando and Santa Clarita Valleys
Here is an excerpt from today’s broadcast:
Today we have the President of NAHREP, National Association of Hispanic Real Estate Professionals, and we also have their treasurer in the house today, so we have the people who know what is going on in our community.
Inventory is down twenty-five percent in the Real Estate market along with that buyer activity is up forty percent. Pending Home sales was up four point five percent now that’s over the projected three percent.
What is NAHREP; NAHREP creates network opportunities, community events. We try to get real good information to our local professionals. The goal of these events is education. I pulled up a report this morning and we were talking about how foreclosures have been such a big part of our market place and such a big part of our vocabulary for the last few years. We have got some really good news; foreclosures are at the lowest levels we have seen in a really long time. Currently only three percent of the nation’s homes are foreclosures, here in California we are at two point four percent and we are almost out of non judicial foreclosures period.
Martha Ornelas a tax and book keeping professional who helps small business’s with their book keeping. A lot of Business owners don’t know how to file their paperwork and properly file their taxes and you can get a hold of Martha by calling her at 818-365-0897. She helped NAHREP from the beginning and she is a very intelligent person. In the San Fernando Valley we had a total of 1,288 properties that were listed in the month of January and back in 2004 we had a total of 2900 properties so inventory is very low we have a high demand with multiple offers it is a very competitive market.
This was just hour 1 of 2 of The Don and Gino Show, make sure to listen to hour two as well hour one to maintain knowledge on all the hot financial and real estates news.
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