Thursday, May 8, 2025 / by Vic Markarian
Ever notice how some homes sell in days… while others sit on the market for weeks?
You’re not imagining it. The housing market is still adjusting — and that means the selling timeline varies more than it used to.
Let’s break down what’s really happening, and what you can do to make sure your home moves fast.
Homes Are Taking a Bit Longer To Sell
Yes, homes are still selling. But they’re not flying off the market the way they did during the pandemic boom.
According to Realtor.com, the median days on market in April 2025 was 50 days — longer than the past few years, but still faster than pre-pandemic levels.
So don’t panic if your home doesn’t go under contract in a week. Today’s pace is actually more normal — and gives sellers a bit more time to find their next home.
Why Some Homes Sell Quicker Than Others
Here’s what separates fast-selling homes from ones that linger:
1. It’s Priced Right
O ...
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Thursday, April 24, 2025 / by Vic Markarian
Let’s talk about something most people don’t check nearly as often as their bank account— their home’s value.
But when it comes to your financial health, your home is likely your biggest asset, and it’s been working for you behind the scenes—quietly building wealth. Especially if you’ve owned it for a few years or more, you might be sitting on equity that could open up big opportunities.
So, how much is your house really worth today?
What Is Home Equity and Why Does It Matter?
Home equity is the difference between what your home is worth and what you still owe on your mortgage. It grows two ways:
As you pay down your mortgage
As home values rise
Let’s say your house is worth $500,000, and you owe $200,000 on your loan. That’s $300,000 in equity—and many homeowners in Los Angeles County are in a similar or better position.
In fact, according to Cotality (formerly CoreLogic), the average homeowner with a mortga ...
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Wednesday, April 9, 2025 / by Vic Markarian
Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re worried we’re repeating the same mistakes.
But before you let fear take hold, remember: headlines are designed to be clickbait. And a lot of the time, they do more to terrify than clarify. That’s because they don’t always give you all the context you need. So, let’s take a step back and look at what the data really says.
Why This Isn’t Like 2008
While it’s true the number of new homes on the market has reached its highest level since 2009, that’s not a cause for alarm.
Here’s the context that matters most. When the data is turned into a graph, it’s clear the amount seen in 2009 wasn’t the peak of oversupply – not even close. That high point ...
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Tuesday, March 25, 2025 / by Vic Markarian
?? Your Roadmap to Homeownership in Los Angeles
Thinking about buying a home in Los Angeles? Whether you're a first-time homebuyer or making a move, navigating the homebuying process can feel overwhelming. Here's a simple roadmap filled with expert tips to help you move from dreaming to owning—stress-free.
1. Assemble Your Dream Team
Start by partnering with a top Los Angeles real estate agent and a trusted mortgage lender. Having the right professionals in your corner makes all the difference.
2. Check Your Credit Score
Lenders will review your score, so check it first. A higher credit score can lead to better mortgage rates and more loan options.
3. Boost Your Savings
Prepare for a down payment, closing costs, and moving expenses. Explore homebuyer assistance programs in California to see if you qualify for financial support.
4. Get Pre-Approved
A mortgage pre-approval helps you understand your budget and shows sellers you're serious when it's time to make an offer.
k ...
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Thursday, March 20, 2025 / by Vic Markarian
Homeowner’s insurance is a must-have to protect what’s probably your biggest investment – your home. And while you never want to think about worst-case scenarios, the right coverage is basically your safety net if something goes wrong. Here’s how it helps you.
Covers Repairs and Rebuilding Costs: If your home is damaged by fire, storms, or other covered events, your policy helps pay for repairs or even a full rebuild.
Protects Your Belongings: Many policies can also cover personal items like furniture, electronics, and clothing if they’re stolen or damaged.
Provides Liability Coverage: If someone gets injured on your property, homeowner’s insurance can help cover medical bills or legal expenses.
In the simplest sense, it gives you peace of mind. Knowing you have protection against unexpected events helps you worry less. And with such a big purchase, having that reassurance is a big deal.
And while your first insurance t ...
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