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Top Realtors In Granada Hills | The Markarian Realty Guide Blog

Thursday, January 9, 2025   /   by Vic Markarian

What To Save for When Buying a Home

Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be. By understanding the costs you may encounter upfront, you can take control of the process.
Here are just a few things experts say you should be thinking about as you plan ahead.
1. Down Payment
Saving for your down payment is likely top of mind. But how much do you really need? A common misconception is that you have to put down 20% of the purchase price. But that’s not necessarily the case. Unless it’s specified by your loan type or lender, you don’t have to. There are some home loan options that require as little as 3.5% or even 0% down. An article from The Mortgage Reports explains:
"The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals. If you don’t have a large down payment saved up, don’t worry—there are plenty of options available . . ."
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Thursday, December 5, 2024   /   by Vic Markarian

When Will Mortgage Rates Come Down?

One of the biggest questions on everyone’s minds right now is: when will mortgage rates come down? After several years of rising rates and a lot of bouncing around in 2024, we’re all eager for some relief.
While no one can project where rates will go with complete accuracy or the exact timing, experts offer some insight into what we might see going into next year. Here’s what the latest forecasts show.
Mortgage Rates Are Expected To Ease and Stabilize in 2025
After a lot of volatility and uncertainty, the most updated forecasts suggest rates will start to stabilize over the next year, and should ease a bit compared to where they are right now (see graph below):
As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: 
“While mortgage rates remain elevated, they are expected to stabilize.”
Key Factors That’ll Impact the Future of Mortgage Rates
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Wednesday, June 5, 2024   /   by Vic Markarian

TOP REALTORS IN GRANADA HILLS, CA REPORT SURGE IN LOCAL HOME LISTINGS FOR 2024

Vic Markarian, a leading real estate listing agent in Granada Hills, CA, reports a significant increase in the number of homes being listed for sale in 2024 compared to last year. This surge in listings offers more options for buyers but also creates more competition for sellers. “With more homes on the market, it’s crucial to ensure your property stands out,” says Markarian. “We can help you navigate the latest listings and make your home shine.
As more homeowners decide to sell, the importance of strategic marketing and presentation becomes paramount. “It’s not just about listing your home; it’s about showcasing it in the best possible light,” explains Markarian. Top Realtor agents in Granada Hills, CA like Markarian emphasize the need for a comprehensive approach to home selling, including professional photography, staging, and targeted advertising. “Sellers need to find the Realtor that can create the highest d ...

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Markarian Realty Group
3237 N. Verdugo Rd.
Glendale,, CA 91208
818-248-8668
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Based on information from California Regional Multiple Listing Service, Inc. as of February 10, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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