Celina Vazquez Realtor- Profile
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3 Reasons the Housing Market is NOT in a Bubble 3 Reasons the Housing Market is NOT in a Bubble -With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially propped up because mortgage lending standards were way too lenient. People that were not qualified to purchase were able to obtain a mortgage anyway. Prices began to skyrocket. This increase in demand caused homebuilders in many markets to overbuild. Eventually, the excess in new construction and the flooding of the market with distressed properties (foreclosures & short sales), caused by the lack of appropriate lending standards, led to the housing crash. Where we are today… 1. If we look at lending standards based on the Mortgage Credit Availability Index released monthly by the Mortgage Bankers Association, we can see that, though standards have become more reasonable over the last few years, they are nowhere near where they were in the early 2000s. 3 Reasons the Housing Market is NOT in a Bubble | MyKCM 2. If we look at new construction, we can see that builders are not “over building.” Average annual housing starts in the first quarter of this year were not just below numbers recorded in 2002-2006, they are below starts going all the way back to 1980. 3 Reasons the Housing Market is NOT in a Bubble | MyKCM 3. If we Read more
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Gallup: Real Estate is Best Long-Term Investment 4 Years Running Gallup: Real Estate is Best Long-Term Investment 4 Years Running -Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% of Americans chose real estate, followed by stocks at 26%. The full results are shown in the chart below. Gallup: Real Estate is Best Long-Term Investment 4 Years Running | MyKCM The study makes it a point to draw attention to the contrast of the sentiment over the last four years compared to that of 2011-2012, when gold took the top slot with 34% of the votes. Real estate and stocks took second and third place, respectively, while still in recovery from the Great Recession. Bottom Line As the real estate market has recovered, so has the belief of the American people in the stability of housing as a long-term investment. Home Value Calculator Here To See More Blogs Like This One Please Visit My Website Click Here Looking For A New Home, Introducing Our New Neighborhood Pages With Listings from Over 60 Cities and Zip Codes. For More Info Please Call 909-697-0823 or Visit www.celinavazquezrealtor.com
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Inventory Shortages Are Slowing Down the Market Inventory Shortages Are Slowing Down the Market -The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While buyer demand looks like it will remain strong throughout the summer, supply is not keeping up. Here are the thoughts of a few industry experts on the subject: Lawrence Yun, Chief Economist at NAR: "Sellers are in the driver's seat this spring as the intense competition for the few homes for sale is forcing many buyers to be aggressive in their offers. Buyers are showing resiliency given the challenging conditions. However, at some point — and the sooner the better — price growth must ease to a healthier rate. Otherwise sales could slow if affordability conditions worsen." Tom O’Grady, Pro Teck CEO “The lack of inventory is very real and could have a severe impact on home sales in the months to come. Traditionally, a balanced market would have an MRI (Months Remaining Inventory) between six and 10 months. This month, only eight metros we track have MRIs over 10, compared to 27 last year and 48 two years ago—illustrating that this lack of inventory is not being driven by traditionally ‘hot’ markets, but is rather a broad-based, Read more
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Is 2017 the Year to Move Up to Your Dream Home? If So, Do It Early!  – If you are considering moving up to your dream home , it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment  (home prices and interest rates ) are both projected to increase as the year moves forward, and interest rates  may increase rather dramatically. Here are some predictions on where rates will be by the end of the year: Freddie Mac While full employment and rising inflation are signs of a strong economy, they also have the potential to push mortgage rates and house prices up . The higher rates and higher prices create significant affordability concerns, which may continue to characterize the housing market for the rest of 2017 .” Lynn Fisher, Vice President of Research & Economics for the Mortgage Bankers Association By the time we get to the fourth quarter of this year , we will still be under 5 percent – we are thinking 4.7 percent …Something north of 5 percent by the time we get to 2018, and by the time we get to 2019, we show fourth-quarter rates hitting 5.5 percent .” Mark Fleming, First American’s Chief Economist Despite some regional disparities, title agents and real estate professionals do not expect increasing mortgage rates to have a significant impact on the housing market this spring. Continued good economic news, increasing Millennial demand and confidence that buyers Read more
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Celina Vazquez Broker/Realtor is proud to offer a desirable listing from the Ridgeview Estates Collections. Stunning two-story home located in the Ridgeview Estates of Rancho Cucamonga features over 2,400 Square Feet, 4 Bedroom, 3 Bathroom and 3 Car Garages. A great floor plan that is light and bright throughout. Gorgeous title entry, large formal living room and separate formal dining room. The spacious family room has built-in cabinets, fireplace and French doors to the patio. Spectacular kitchen with stainless steel appliances, 6-burner Jenn-Air Stove, Jenn-Air 48” refrigerator and multi-cycle dishwasher. Large Island with granite slab and counter seating. Huge master suite with 2 walk-in closets and large master bathroom with dual vanities, spa tub and separate shower. The backyard yard is the perfect paradise for entertaining beautiful landscaped throughout. There is a sparkling blue swimming pool, spa and cozy stone fireplace. Ridgeview Estates is a desirable subdivision of Rancho Cucamonga. Los Osos High School, Day Creek Intermediate and John L Golden Elementary School are the designated schools for this area. Chaffey College is just minutes away. If you like the outdoors The Etiwanda Preserve is one of the outdoor parks located less than a mile from this house. This is a trail that features a waterfall and is primarily used for hiking, walking, and trail running. The Victoria Gardens is a beautiful shopping center pedestrian-oriented, open-air concept, mixed-used town center with stores such Macy’s, Read more
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#CelinaVazquez Broker/Realtor presents another great rental located in The City of #Victorville. Gorgeous single story home located near The Mall of #VictorValley and the #Freeway 15. This beautiful home features 3 #bedrooms, 2 bathrooms, formal living room with cozy fireplace, dining room and 2-car #garage with direct access. The front just got a new #beautiful landscape that greets you. Large #kitchen with plenty of #cabinets for all your pots and pans have slider doors to the spacious backyard perfect for outdoor entertaining.Large mater bedroom with large master #bathroom and wall-to-wall closets and slider doors to the backyard.This home is within minutes of The Mall of Victor Valley a #family #shopping center with stores like #Aeropostale, #Aldo, JCPenny, #Macy’s, #Pacsun and many more. For #dining Applebee’s, The Original RoadHouse Grill-Victorville, Johnny #Carino’s, #Chili’s Grill & Bar. The assigned schools are Liberty Elementary School, #CobaltInstitute of Math & Science and Silverado High School. To view this home contact Celina Vazquez @ 909-697-0823 or celina@celinavazquezrealtor.com or visit our website at www.celinavazquezrealtor.com
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#Celina Vazquez Broker/Realtor is proud to present this completely remodeled condominium located in The Jurupa Hills Country Club Villas in The #Jurupa Hills Golf Course. Featuring 1,172 Square Feet of living space with 2 bedrooms and 1.25 bathrooms this condominium is completely remodeled and updated. Large kitchen with all new cabinetry, all new stainless steel appliances, 4-burner stove, high-performance microwave, multi-cycle dishwasher and stainless steel double sink with disposal. New tile floors downstairs and all new interior paint with all new window blinds. There is a laundry closet for a full-size washer and dryer. Large bedrooms with all new upgraded carpet and wall-to-wall closet with new closets doors. The #Jurupa Country Club Villas HOA amenities include Security Guard, Entry Guess Parking, #Swimming Pool and Tennis Courts. Located in the Jurupa Hills of the City of Riverside in the County or Riverside this gorgeous condo is conveniently located near shopping centers, parks. The designated schools are Peralta Elementary, Jurupa Middle School and Patriot High School. There are some points of interest within less than 10 miles around this condo like Mt. Rubidoux Trail and Memorial Park. #Mt. Rubidoux is a great place to go out and get a good workout and experience nature. If you love to hike or if you just enjoy to walk or run. The Mission Inn Hotel and Spa is a historical place to visit and spend a great time in downtown #Riverside. To see this great property contact Celina at 909-697-0823 or Read more
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Celina Vazquez Broker/Realtor represents this beautiful #Ranch-Style property located in the very desirable community of #SkyCountry of #JurupaValley one of the newest City of the Inland Empire of the County of Riverside, California. A single story #horse property features 4 bedrooms, 2 full bathrooms and bonus room. Spacious open floor concept with a large fully remodeled kitchen with new cabinets, new granite counter tops and new appliances. Large family room with cozy brick fireplace and open to the dining area, there is bonus room that can be utilize as a 5 bedroom or use as a family room. Spacious bedrooms with ceiling fans and wall-to-wall closets, master bedroom has a large master bath fully remodeled. The large patio overlooks the ½ acre lot. There is new paint, new carpet in the bedrooms area and fully remodeled bathrooms. #SkyCountry is a ranch-style community conveniently located with close proximity of the 15, 60, 10 and 91 freeway. Its location is very advantageous for business commuters who travel to major employment to #Riverside, San Bernardino, Los Angeles and Orange County. The Metrolink station-running rail serves to the greater Los Angeles area. #SkyCountry Community offers large estates size lots and are equestrian properties in a rural environmental but within minutes from the city. #LaramorePark is an #Equestrian Park located inside of #SkyCountry Community which facility is available for you to drop-in use and can follow the horse trails across #SkyCountry. The Santa Ana River is within minutes, Read more
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Gorgeous single story La Habra beauty with very spacious floor plan features 3 bedrooms, 2.5 bathrooms with 2-car garage with direct access. A great floor plan that is light and bright throughout. Beautiful entry with large formal living room, separate dining room. Fabulous kitchen with stainless slate finish appliances, large family room with cozy gas-fireplace that stand out for its understated yet glamorous approach to fireplace design with beautiful finish with carrara marble mosaic tile. Large master bedroom with sitting area and large closets and large master bath. Plantation shutters in the living room. When relaxing, you can enjoy the front porch that is the perfect space for year round outdoor entertaining with sunset views. This home is centrally located from shopping centers, Imperial Middle School, and Las Positas Elementary School are within walking distance. 561 W Parkwood Ave, La Habra, CA 90631 is proudly presented by Celina Vazquez – Keller Williams Rancho Cucamonga for more information or private showing. 909-697-0823
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Celina Vazquez presents a gorgeous planned developed unit located in Ranch Park Home Owners Association in Rancho Cucamonga who is one of the finest Cities of the Inland Empire of Southern California and just minutes away from the Ontario Mills Mall, and the 10 and 15 freeways intersection. This corner single story PUD features two bedroom, two bath and two-car garage with direct access. Featuring a large open floor plan with a very large living room with cozy fireplace, high ceilings and open concept to the dining area. The large master bedroom has a nice fireplace built-in and sliding door that opens up to the spacious garden patio, large walk-in closet and a large master bath with his and hers vanity and oversize bathtub. The kitchen is fully equipped with a 4-burner stove and multi-cycle dishwasher. The gorgeous dining area provides you with the view of the garden patio and open space to the living room. Located in the Rancho Park Home Owners Association in Rancho Cucamonga this community offers playground areas within walking distance of our unit, gate access, gorgeous sparkling blue swimming pool and a clubhouse. This property is perfect for the right family to call it their first home. Conveniently located in the borderline of Rancho Cucamonga and the City of Ontario, for residents to enjoy the best of both cities. Chaffey High School with Chaffey School District is one of the nearby High Schools, Rancho Cucamonga Middle School, and Cucamonga Elementary schools are some of the designated Read more
celinavazquez
Real Estate Agent In the Inland Empire, grew up in the hearth of the City of Ontario. Real Estate Agent Rancho Cucamonga, Ontario, Eastvale
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