Friday, October 9, 2015

My Neighborhood

Vanessa and I love our little neighborhood in Dana Point. It truly is paradise. We are very spoiled to live in such a beautiful place. We just got back from our mini honeymoon in Catalina Island and let me just say I'm glad to be home. Thank you all for the kind notes. I'll definitely be looking forward to our honeymoon in Costa Rica this December, but for now it’s back to work.

  Before I owned a home, I always wondered why people who owned sometimes would complain about the values going up so high. Well, now I had the same feeling when you think to yourself, I would never pay $350,000 for 680 square feet and I would barely be able to afford that if I had to make the payments on a traditional mortgage. I will keep you posted and we will see if the appraisal gets approved. Most of the sales and listings are in the $280-$290k range. 

Now that Vanessa and I are happily married, we want to find a 2/3 bedroom and we are starting to get priced out in our market. With Interest Rates staying low, it will bring more buyers out with less inventory. The good news is that rent prices keep going up as well as home values and the economy is in good shape. We can count on that to be the case until the next President is elected. 

Sincerely,

Tristen Gadberry


P.S. Like the Gadberry Group on Facebook and follow @tgads22

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