The busiest season in real estate is fast approaching!

We’re almost halfway through 2017 and summer, the busiest season in real estate, is fast approaching.  With all the hype that comes with the upcoming months, there’s also further anticipation as to what will come now that the administration has made it past the first 100 days and seems to be adjusting to their role.

The unemployment rate is the lowest it’s been in years which means more spending.  However, the current increase in spending isn’t going at the rate that the Fed thinks is necessary to correct the economy.  All this means that the we just need a bit of a push from the Fed to get the ball rolling. Translation, higher rates.

What does all this mean for the average homeowner? It means we’ll see the increase take effect after the next policy meeting set to take place in mid-June.  The inevitable increase is only a month away which means buyers will be in a frenzy to take advantage of the current low rate before it’s gone.

Inventory is low and demand is high, but it’s more competitive than ever.  If you’re looking to sell, you’re in luck, there are tons of buyers waiting to snatch up your home.  The modest rate means buyers will be more likely to spend a little extra if they know their rate will be locked in.  Getting ahead of the summer months also means you won’t be competing with the increased inventory.

If you’re looking to buy, now is the time to take advantage of the rate before it’s goes up.  The hike is inevitable and a decrease is not likely in the near future so it’s a great opportunity to lock in your rate and settle in before we see 3 more increases by the end of the year.

Curious about how this further impacts you and your investment?  Contact me for an in-depth analysis of your homes current value.  If you’re a new buyer, I can help you figure out what your options are and how to take advantage of the low rate.

Speak with you soon!

Flowers are Blooming! What are YOU doing?

It’s that time of year again, spring has sprung, flowers are blooming like crazy and people are in full spring cleaning mode.

As the renewal period of nature kicks in, more and more people are ready to make changes in their lives as well.  For many, spring cleaning means making some moves as they realize they don’t have enough space or have more space than needed.  Whatever the reason, whether it’s downsizing for empty nesters or upgrading for growing families, there’s lots of activity in the real estate market.

Although the Fed raised interest rates and rates are still expected to go up several times by the end of the year, homes are still selling faster than ever.  In March alone, the percentage of home sales increased by 9%. Just how long this upsurge will last is the question on everyone’s mind.

This week, the average rate of a 30-year fixed mortgage was the lowest of the year.  With an increase on the horizon, many first time buyers and current homeowners looking for a change are jumping at the opportunity to lock in a good rate.  The market continues to be volatile, but one thing is for sure, rates will go up as it becomes more expensive for banks to borrow money.

What does all this mean for you?

If you’ve been considering selling your home, now is a great time.  You’ll be able to secure the highest sales price possible since inventory remains low and demand continues to increase in anticipation of an increased rate.  With a good return on your investment, you’ll be able to make another purchase with ease and take advantage of the low rate while it’s still available.

If you’re a new buyer who’s been waiting or struggling to get into the market, you’re in luck! Although demand is high, your ability to lock in a low rate gives you more opportunity to consider different price points that you might not be able to afford when the rate is higher.  By jumping into the market now, you’ll also avoid the busy summer season that may knock you out of the running as it’s coupled with an expected increase in the rate.

Want to learn more about how these changes have impacted the price of your home or your ability to make your first purchase?  I’m always available to give you an in depth analysis that will help you stay informed so you can make the best decision regarding your real estate needs.  Please call, text or email me for more information.

Speak with you soon!


Linda Grigorian



Real Estate During the Holidays


Hi. Linda Grigorian.

First, I’d like to extend, just in case I didn’t get a chance to reach out to you personally, a Happy Thanksgiving.

I hope you had a wonderful holiday with family and friends, ate too much food, drank some wine. I ate too much food and drank some wine… it was a wonderful time. I hope you had the same.

Now, we have a couple more weeks until we head into another holiday and the question then I’m getting a lot now is, “Hey Linda, how’s the market going to be during the holidays?” Well, generally, it’s a good time home buyers and sellers and I’ll tell you why. A lot of sellers may choose to wait till after the new year to list their homes, which is fine, but for sellers who are listing their homes now we know that you are going to have less competition we know that we are faced with buyers who are serious, qualified, and ready to make a move now. It’s sort of a win-win situation for both parties involved. Not to mention homes decorated for the holidays look beautiful. They’re welcoming they’re warm, cozy… buyers really like that kind of stuff. So something to take into consideration. It’s a wonderful time of year. Let’s take advantage of it.

Give me a call, we’ll get together and talk about your goals.

Linda Grigorian.

Talk to you soon!

WHAT?! Interest rates are going up! Let’s get moving! (Literally)…

Well, here we are…

For the past couple of years, may of you have taken advantage of these incredibly low interest rates. Well, the time has come, they are moving up.

According to the LA Times on July 2, 2015, “Mortgage rates hit high for 2015; 30-year loan averaging 4.08%”.

What does this mean?! Well, it means get moving already! Literally. Buyers, lock down the rates and buy before they go up! Sellers, don’t forget, unless you are planning on moving into your car, you are potentially going to buy a replacement home. So, let’s get to work! And keep in mind, they more qualified, eager buyers in the marketplace, the more your home will be seen and have more potential, qualified buyers!

So, give me a call and let’s get to work!

LA Times article link:

January Real Estate “Hello!”

WATCH IT! You know you want to… New Video Blog.

Real Estate Update January 2015

Hi, Linda Grigorian

Well, here we are, January of 2015

It’s a new year, holidays are over, kids are back in school, yay!

And the real estate market is up and running.

It had slowed down a little bit over the holidays, although there were still active sellers and buyers, but for those of you who decided to wait or take a little break during the holidays, well, here we are.

Sellers, if you’re curious about your current home value, give me a call and we’ll get together, we’ll decide if this is the best time to sell your house.

Buyers, make sure you are pre-qualified and ready to hit the ground running.

So, it’s a new year, it’s a wonderful time, let’s take advantage of it.

Give me a call and we’ll get together.

Linda Grigorian

Talk to you soon!


Four reasons to buy a home now

Four reasons to buy a home now

Courtesy of my friend Gregg A. Dahlenburg:


Thinking of buying a home? Keep reading to find out why you should take action sooner rather than later.

By Danielle Blundell August 6, 2014 8:29 PM

Four reasons to buy a home now

If you’re thinking about purchasing a home, sooner might be better than later when it comes to favorable conditions for buyers.

Buying a home is a major financial decision that you shouldn’t rush into. But that doesn’t mean you should take your sweet time either. The real estate market is volatile, and truth be told, this year might be your last chance to affordably buy a home for a while.

“If you qualify for a mortgage and choose not to buy now, you will be kicking yourself in 12 months,” says Anthony VanDyke, president of ALV Mortgage in Utah.

Thanks to a dearth of inventory, home prices are projected to increase by 6.3 percent nationwide from April 2014 to April 2015, according to a recent study by Corelogic, a leading global property information, analytics, and data-enabled services provider.

Just how much could that increase cost you? More than you might think.

“On a $300,000 house today, the same house will cost you $318,000 in one year,” says VanDyke.

The difference isn’t mere pocket change. So if you’re in the market to buy a home, read on for more reasons why this year could be a prospective homeowner’s last chance to buy an affordable home.


Reason to Buy Now #1: Low for-sale inventory means homes will become more expensive

A low inventory of homes for sale keeps house prices up, according to California-based mortgage banker, Michael Regan, of the Regan Team.

“It’s simple supply and demand,” says Regan. “The less you have of something, the more expensive it will become.”

Just how did we get into this increasingly low-supply, high-price environment? According to Regan, there are a few causes.

“With the limited housing inventory in many markets, and with last year’s home price increases, many people couldn’t afford to buy a home and rented instead,” he says. “Because of the Great Recession, the building of new homes and rental units was almost nonexistent for years and didn’t keep up with population growth.”

With a shortage of housing and rental units available, Regan says housing prices and rents have increased, leading to affordability issues. The good news is that this supply and demand issue will solve itself once more housing units are built to accommodate the population growth and young families looking for homes, says Regan. But the bad news is that it could take a while, and prices will climb until then. So now might be a good time to buy, before prices peak, he explains.


Reason to Buy Now #2: The Fed plans to taper off bond-buying program in October

With the economy improving and the unemployment rate dropping, the Federal Reserve tentatively plans to end their bond-buying program in October. The end of the program, which was aimed to keep interest rates low, is expected to result in higher interest rates, and any increase in interest rates could create even less favorable conditions for buyers, says Van Dyke.

According to the MBA Mortgage Finance Forecast, interest rates on 30-year fixed-rate mortgages are projected to jump half a percentage point in early 2015 from the year before.

On a 30-year conventional mortgage of $300,000, an increase from 4.4 to 4.9 percent means paying an extra $90 each month or more than $30,000 in interest over the life of the loan. So that half point difference can translate into a hefty chunk of cash for any home buyer.

“Rising rates can have just as big an impact on affordability as does rising prices due to low housing inventory,” says Ellen Davis, a Maryland-based senior mortgage loan originator with Corridor Mortgage Group.

When mortgage rates increase, Davis says borrowers experience greater difficulty qualifying for a home loan.

“Higher interest rates increase a borrower’s overall debt to income ratio, and depending on their current situation, they may end up no longer qualifying based on underwriting guidelines. Even if they do qualify, they may not be comfortable with the higher monthly debt payment and may choose to reduce the amount of home they are willing to purchase or put off the purchase indefinitely,” says Davis.

So what’s the take home here?

“While you’ve missed the bottom of the market with home prices, interest rates are still very low,” according to Regan. Don’t risk rates going up, he says, which can ultimately cost you big on your home’s price tag.


Reason to Buy Now #3: The current economy’s flat wages threaten to make homes less affordable

When was the last time you heard of companies giving out big bonuses and substantial salary raises? Save a few high-growth industries, flat wages have been the rule, not the exception. If home prices continue to increase, housing could in theory become less affordable if your take-home pay doesn’t keep up with its growth.

“History has shown us that there is always the chance that home prices are pushed out of reach when wages are flat,” says Davis. “Then at some point, some sort of correction in wages or housing occurs, and the correlation between the two sectors becomes more sustainable.”

The question then becomes, when will this tipping point occur, and can you afford to wait?

According to Davis, homes will be more affordable once all areas of the market – stocks, bonds, home prices, wages, government spending and debt, etc. – are working together to create jobs. And better employment figures translate into more income, leading to wealth, economic growth, and ultimately consumer confidence, which in large part helps drive home purchases, she explains.

Sounds ideal, right? Well, don’t hold your breath. It’s impossible to predict when this synergy will take place, so now is as good a time as any to buy a home you can comfortably afford, says Davis.


Reason to Buy Now #4: Beat other home buyers to the punch before competition heats up

Maybe you’ve been renting and managed to save up a nice nest egg. Or maybe you’ve just outgrown your current space. Well, you might want to take the plunge and buy a home once you’ve found something that you can afford.

Why now? Because the housing market is about to get even more competitive. According to Davis, the pent-up demand of younger professionals, who moved back in with their parents during the recession, is about to explode. And as these young people move out and form new households of their own, they will drive up housing demand, she explains.

This eager subset of buyers will create some steep competition for homes, especially if they have been saving up to make larger down payments or high ticket offers, says Davis.

“If the current homes on the market have more potential buyers, bidding wars develop, and the purchase prices are driven up,” says Davis. While the competition helps the overall home values in the area, it also inflates prices to the point where homes are no longer affordable for a large percentage of potential home buyers, she explains.

And it’s only going to get worse as more and more young professionals feel ready to buy, so it’s a smart move to buy now and avoid the potential price gouging altogether. Once you’re officially a homeowner, you can welcome rising prices, because your home’s value will shoot up, according to Davis. “This is good for the individual homeowner as well as for the broader economy,” she says.

Gregg A. Dahlenburg| Mortgage Loan Originator / NMLS #836052

15910 Ventura Blvd Suite 1605, Encino, CA 91436







Not sure where this pic came from, but I LOVE IT!!!

Look, I’m going to say this once: Please do not rely on Zillow’s estimate to determine what your home or the one you would like to buy is actually worth! That is MY job. I, along with many others, have come across very inaccurate, as they call it, Zestimates.

Please, for the love of Pete, let me do my job and get you a clear, accurate CMA, Current Market Analysis, which will help determine the fair market value of a property… I don’t mind, really…..