The Luevanos Group at eXp Realty

Los Angeles Based Real Estate Team. #1 Marketing and Home Tour Team with 100+ home tours monthly DRE #02019276

[The Luevanos Group at eXp Realty @LuevanosGroup]

My YouTube channel achieved 200,000 views on January 20, 2023! Track and celebrate your own success today for free with @vidIQ https://t.co/EGFyoyp5Uu

[The Luevanos Group at eXp Realty @LuevanosGroup]

My YouTube channel achieved 150,000 views on December 11, 2022! Track and celebrate your own success today for free with @vidIQ https://t.co/hTwLD7mceU

[The Luevanos Group at eXp Realty @LuevanosGroup]

Does it make more sense to rent for $2,200 monthly or purchase an $550,000 home with a conventional loan at 5% down?

If you can afford the mortgage, purchasing may be better.

After five years of renting, you will have spent $140,161 in total rent.

#conventionalloan #realestate

[The Luevanos Group at eXp Realty @LuevanosGroup]

How fast are homes selling in LA?
The number of homes for sale has increased but is still down 20.6% since last year.

Inventory months supply increased to just 1.8 months. For your information, 5-6 months is a balanced market, and 6+ is a buyers market.

#losangeles #realestate

[The Luevanos Group at eXp Realty @LuevanosGroup]

Can you guess how much this Downey home in the southeast area of Los Angeles County is selling for?

1. $719,000
2. $819,000
3. $919,000

Please comment if you would like the property link. 🏡

#downey #whittier #longbeach #losangeles #hometour #losangelesrealestate #realestate

[The Luevanos Group at eXp Realty @LuevanosGroup]

Home prices in Los Angeles County finally cooled off.

The median sales price remained at $900,000 from April to May. In the last 12 months, the median sales price is up $83,000 and 10.2%.

#losangeles #losanglesrealestatemarket #housingmarket #housingaffordability #realestate

[The Luevanos Group at eXp Realty @LuevanosGroup]

Can you guess how much this Downey home in the southeast area of Los Angeles County is selling for?

1. $889,000
2. $989,000
3. $1,089,000

#downey #whittier #longbeach #losangeles #hometour #losangelesrealestate #realestate #realtor #homebuyers #homebuyertips #homesellers

[The Luevanos Group at eXp Realty @LuevanosGroup]

Does it make more sense to rent for $3,500 monthly or purchase an $850,000 home with an FHA loan at 3.5% down?

[The Luevanos Group at eXp Realty @LuevanosGroup]

Can you guess how much this Bixby Knolls home is listed for?

A. $899k
B. $999k
C. $1M

Comment down below if you would like the link 🏡

For full-length home video tours, see the link in the bio or our Youtube channel here ➡️ https://t.co/xYTJAfzwS0

[The Luevanos Group at eXp Realty @LuevanosGroup]

Does it make more sense to rent for $3,500 monthly or purchase an $850,000 home with a conventional loan at 20% down?

If you can afford the mortgage, purchasing may be better.

After five years of renting, you will have spent $222,983 in total rent.

#realestate #realtor

[The Luevanos Group at eXp Realty @LuevanosGroup]

Will home prices go down?

Across the board, home prices are expected to appreciate. The average of all seven forecasts is 9% appreciation for 2022:
•Fannie Mae predicts 10.8%
•Freddie Mac predicts 10.4%
•CoreLogic predicts 9.6%
•Home Price Expectancy Survey predicts 9%
•

[The Luevanos Group at eXp Realty @LuevanosGroup]

Can you guess how much this Jefferson Park home on the south side of Los Angeles is selling for?

A) $899,000
B) $999,000
C) $1,099,000

Please comment if you would like the property link. 🏡

#jeffersonpark #westadams #downtownlosangeles #losangeles #hometour #LosAngeles

[The Luevanos Group at eXp Realty @LuevanosGroup]

Are we going to see a wave of foreclosures?

We saw less than half the foreclosures in 2020 and 2021 than in any year from 2017 to 2019. And any foreclosures that do hit the market will likely have little impact. Here’s why:

#housingmarketcrash #housingmarket #housing

[The Luevanos Group at eXp Realty @LuevanosGroup]

Can you guess how much this Downey home in the southeast area of Los Angeles County is selling for?

A. $698k
B. $749k
C. $798k

For full-length home video tours, see the link in the bio or our Youtube channel here ➡️ https://t.co/xYTJAfzwS0

[The Luevanos Group at eXp Realty @LuevanosGroup]

Does it make more sense to rent for $3,500 monthly or purchase an $850,000 home with a conventional loan at 5% down?

If you can afford the mortgage, purchasing may be better.

After five years of renting, you will have spent $222,983 in total rent.

#realestate #realtor #rent

[The Luevanos Group at eXp Realty @LuevanosGroup]

Are we in a housing bubble?

Here’s what we know. Since the 2008 market crash:
•Lending standards have tightened drastically, and borrowers' risk has been cut in half
•The market is currently undersupplied by 5-6 million homes rather than oversupplied

[The Luevanos Group at eXp Realty @LuevanosGroup]

Does it make more sense to rent for $3,800 monthly or purchase an $800,000 home with a FHA loan at 3.5% down?

After five years of renting, you will have spent $242,096 in total rent.

#realestate #realtor #rentvsbuy #buyvsrent #mortgage #homebuyertips

[The Luevanos Group at eXp Realty @LuevanosGroup]

Can you guess how much this Lakewood, CA home is selling for?

A. $649K
B. $749K
C. $849K

Please comment down below if you would like the property link 🏡

#hometour #losangelesrealestate #realestate #realtor #homebuyers #homebuyertips #homesellers #homesellertips

[The Luevanos Group at eXp Realty @LuevanosGroup]

Can you guess how much this Norwalk, CA home is selling for?

A. $749K
B. $849K
C. $949K

Please comment down below if you would like the property link 🏡

#hometour #losangelesrealestate #realestate #realtor #homebuyers #homebuyertips #homesellers #homesellertips

[The Luevanos Group at eXp Realty @LuevanosGroup]

Can you guess how much this Jefferson Park home on the south side of Los Angeles is selling for?

A) $899,000
B) $999,000
C) $1,099,000

Please comment if you would like the property link. 🏡

For full-length home video tours, see the link in the bio #realtor