Tuesday, July 9, 2013

Prudential California Realty Collecting Donations For The 2013 Backpack Challenge!


Prudential California Realty is participating in the 2013 Backpack Challenge. All donations will be given to the Childrens Services Auxiliary of Ventura County, a non-profit organization dedicated to helping children and teens displaced from their homes due to abuse, neglect, or abandonment.  Items needed include:

Infant and Toddler clothing
Baby wipes
lotion
toothpaste & Toothbrushes
pajamas
socks
shampoo & Conditioner
Journals
pens & pencils
markers
notebooks
folders
paper
rulers
crayons
disposable cameras
first aid kits
deodorant
light blankets
Gift cards
Kleenex
toilet paper


Prudential California Realty is accepting donations at all 5 Ventura County locations, visit www.prucalhomes.com for contact and location information.

Wednesday, July 3, 2013

Mortgage Rates Rising - Still An AMAZING Time To Buy A Home

The 30-year fixed mortgage rate posted its largest weekly percentage increase in more than 25 years, according to mortgage-finance company Freddie Mac
The increase brings the 30-year fixed rate to its highest in nearly two years. However, housing affordability still remains high.  Mortgage interest rates are hovering in the 3-5% range - still very impressive compared to years previous!

If you are considering buying or selling a home, contact one of the fine sales professionals at Prudential California Realty at www.prucalhomes.com, or call 805-496-0555.

Thursday, May 23, 2013

How To Display An American Flag

Summer in So Cal is perfect - Great weather, outdoor activities, and extra daylight!  Along with summer we get to enjoy patriotic holidays like Memorial Day, Flag Day, and Independence Day, which celebrate and honor our country.  One of the best ways to show your country support and appreciation is to display an American Flag - Here are some basic tips on flag etiquette and how to properly display a flag at your home!


STANDARDS of RESPECT
The Flag Code, which formalizes and unifies the traditional ways in which we give respect to the flag, also contains specific instructions on how the flag is not to be used. They are:
  • The flag should never be dipped to any person or thing. It is flown upside down only as a distress signal.
  • The flag should not be used as a drapery, or for covering a speakers desk, draping a platform, or for any decoration in general. Bunting of blue, white and red stripes is available for these purposes. The blue stripe of the bunting should be on the top.
  • The flag should never be used for any advertising purpose. It should not be embroidered, printed or otherwise impressed on such articles as cushions, handkerchiefs, napkins, boxes, or anything intended to be discarded after temporary use. Advertising signs should not be attached to the staff or halyard
  • The flag should not be used as part of a costume or athletic uniform, except that a flag patch may be used on the uniform of military personnel, fireman, policeman and members of patriotic organizations.
  • The flag should never have placed on it, or attached to it, any mark, insignia, letter, word, number, figure, or drawing of any kind.
  • The flag should never be used as a receptacle for receiving, holding, carrying, or delivering anything.
When the flag is lowered, no part of it should touch the ground or any other object; it should be received by waiting hands and arms. To store the flag it should be folded neatly and ceremoniously.
The flag should be cleaned and mended when necessary.
When a flag is so worn it is no longer fit to serve as a symbol of our country, it should be destroyed by burning in a dignified manner.
Displaying the Flag Outdoors
When the flag is displayed from a staff projecting from a window, balcony, or a building, the union should be at the peak of the staff unless the flag is at half staff.
When it is displayed from the same flagpole with another flag - of a state, community, society or Scout unit - the flag of the United States must always be at the top except that the church pennant may be flown above the flag during church services for Navy personnel when conducted by a Naval chaplain on a ship at sea.
When the flag is displayed over a street, it should be hung vertically, with the union to the north or east. If the flag is suspended over a sidewalk, the flag's union should be farthest from the building.
When flown with flags of states, communities, or societies on separate flag poles which are of the same height and in a straight line, the flag of the United States is always placed in the position of honor - to its own right.
..The other flags may be smaller but none may be larger.
..No other flag ever should be placed above it.
..The flag of the United States is always the first flag raised and the last to be lowered.
When flown with the national banner of other countries, each flag must be displayed from a separate pole of the same height. Each flag should be the same size. They should be raised and lowered simultaneously. The flag of one nation may not be displayed above that of another nation.
Raising and Lowering the Flag
The flag should be raised briskly and lowered slowly and ceremoniously. Ordinarily it should be displayed only between sunrise and sunset. It should be illuminated if displayed at night.
The flag of the United States of America is saluted as it is hoisted and lowered. The salute is held until the flag is unsnapped from the halyard or through the last note of music, whichever is the longest.
Displaying the Flag Indoors
When on display, the flag is accorded the place of honor, always positioned to its own right. Place it to the right of the speaker or staging area or sanctuary. Other flags should be to the left.
The flag of the United States of America should be at the center and at the highest point of the group when a number of flags of states, localities, or societies are grouped for display.
When one flag is used with the flag of the United States of America and the staffs are crossed, the flag of the United States is placed on its own right with its staff in front of the other flag.
When displaying the flag against a wall, vertically or horizontally, the flag's union (stars) should be at the top, to the flag's own right, and to the observer's left.


Thanks for reading!  Prudential California Realty www.prucalhomes.com 805-496-0555


Tuesday, April 30, 2013

10 Tips To "Go Green" at Home

Join Prudential California Realty in making a difference in our world!  View our 10 quick and easy ways to save energy and "Go Green" in your home.


Tuesday, April 9, 2013

More Americans Optimistic About Homeownership


Prudential recently released results of its first quarter Consumer Outlook Survey showing that Americans’ sentiment toward real estate is growing increasingly favorable. A full 77% of consumers feel that the real estate market and property values will recover, representing a four-point improvement from year-end results and seven-point jump over the same period a year ago.
According to the national survey, home ownership remains important to 96% of Americans, especially among women and Generations X and Y. So what is motivating the optimism?  Prospective buyers are motivated by historically low interest rates (currently in the low 3-4% range) and attractive home prices in many markets. In fact, 87% of respondents said Americans considering a home purchase believe that now is the time while mortgage rates and prices are low.
“Anticipation seems to be building for both buyers and sellers this spring buying season,” said Prudential California Realty Broker/Owner Bob Majorino. “Consumers are aware that the market is moving and, with growing optimism, more people are realizing their dreams of homeownership.”
Prospective home-sellers indicated that “finding the right house to buy first” and “making a profit” were the primary reasons they would list their homes this spring. For those considering selling in this low inventory market, they have a major opportunity to make a profit at this time, while still managing to move up or down and still get a great deal. Multiple offers are rapidly driving home prices up and the demand for home sellers is at an all time high.

Additional Key Observations Include
  • 87% of sellers are committed to seeing a sale through if their home doesn't sell quickly, and 67% are open to additional guidance from their broker/agent on how to better market their home. 62% are willing to make repairs or redecorate in order to attract more interest.
  • Among all age groups surveyed, Generations X and Y remain most confident that real estate and property values will recover.
  • 78% of women said homeownership was “very important” vs. 70% of men.
“Our survey data shows that people are feeling better about their personal situations and the U.S. economy,” said Stephen Phillips, chief operating officer for Prudential California Realty's parent company HSF Affiliates. “At the same time, respondents’ views of residential real estate have grown increasingly favorable. We believe more consumers will enter the market this year to capitalize on mortgage and pricing opportunities and to secure their part of the American dream.”
The full survey details are available upon request. An infographic illustrating survey findings is available here.
Prudential Real Estate Outlook Survey MethodologyInterviews with 2,500 Americans who are “in the market” to buy or sell a home were conducted online by Edelman Berland in February, 2013. Respondents are aged 25-64 with a household income of at least $50,000, and either recently bought/sold a home or are considering buying/selling a home. The margin of error is ± 2.0% for all respondents.
For buyers or sellers looking to take advantage of the outstanding market conditions, or to refer a friend who is considering buying or selling, please visit www.prucalhomes.com to contact an agent today!

Monday, April 1, 2013

Real Estate Market Gaining Momentum Nationwide


March brought additional good news for residential real estate with home prices continuing a steady ascent, underwater homeownership falling and homebuilders as busy as they’ve been in more than four years. 

The S&P/Case-Shiller 20-City Composite index released March 26 showed January home prices posting their largest year-over-year increase since the summer of 2006. The index, which tracks single-family home prices in 20 large cities, improved 8.1% with all 20 cities posting year-over-year price gains.

Nineteen of the 20 cities in the index showed acceleration in their year-over-year returns with only Detroit posting a modest price slowdown. Even New York home prices, which endured more than two years of consecutive year-over-year declines, turned higher. Phoenix and Las Vegas registered the highest annual gains along with San Francisco.

David Blitzer, chairman of the Index Committee at S&P Dow Jones Indices, suggested more price strength ahead. “Economic Data continues to support the housing recovery,” he said. “Single-family home building permits and housing starts posted double-digit, year-over-year increases in February 2013. Steady employment and low borrowing rates pushed inventories down to their lower post-recession levels.” 

Logically, the lack of inventory has slowed home sales in some markets yet rising prices are encouraging more people to place their homes on the market. Existing homes for sale rose 10% in February, according to the National Association of REALTORS®.

Rising home prices are also driving down the threshold of underwater homeownership. CoreLogic reported in late March that another 200,000 residential properties returned to a state of positive equity during Q4. For all of 2012, 1.7 million homes moved from negative to positive equity, CoreLogic said. 

Accordingly, household real estate wealth increased by $1.4 trillion in 2012, according to the Federal Reserve, which suggests that more homeowners will return to the real estate market to buy and sell.

Higher home prices also have activated homebuilders, who in February broke ground on a seasonally adjusted annual rate of 910,000 homes, the second-fastest pace since June 2008, according to the Commerce Department.

In all, real estate’s recovery enjoys a broad base and balance is returning to the market – just in time for the spring buying season. If you or someone you know is considering taking advantage of this incredible opportunity in real estate, please visit www.prucalhomes.com or call (888) 352-1652.