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Neftali Cortez

Nef Cortez
RE/MAX Universal Realty
DRE #00560181
909-762-8135
Contact Me

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Blog

Proposition 5 and Taxes Affect Me How?

Proposition 5 and Taxes Affect Me How? Whether or not you are a homeowner, get familiarized with California’s Proposition 5 regarding property taxes. In one form or another, this measure will affect you or your family members. As usual, during th... Read more

Stuck in Your Home?

Stuck in Your Home? One of the factors driving California housing prices higher is that there are many people stuck in their homes because they cannot afford to sell the home where they live and move to another comparable one, or even one of lesser value... Read more

Rents Still Skyrocketing

Rents Still Skyrocketing? I have reported on home values rising fast in Diamond Bar. Today, we take a look at how fast rents are increasing as well. Home values typically follow the pattern of economic recessions, with prices increasing as the economy i... Read more

Housing Prices Declining?

I reported last week that the Diamond Bar Condominium and Townhome market saw an increase of almost 11% year over year (2nd quarter 2018 as compared to 2nd quarter 2017) in its Median Sales Price (MSP). What happened to the price of detached homes in Diam... Read more

Diamond Bar Condo Market Update

Diamond Bar Condo Market Update The Diamond Bar Condominium and Townhome market continues to roll along! The Median Sales Price (MSP) of Diamond Bar condos and townhomes went up Year over Year by almost 11%. The increase of the condominium/townhouse MSP ... Read more

 Housing Bubble Chatter

Housing Bubble Chatter As a licensed agent since 1976, I have seen a few cycles of the Real Estate market. None that I have seen have been exactly like one of the others. Lately, there has been a lot of “Chatter” in real estate circles, or ... Read more

When Does 1% = 12.5%?

When Does 1% = 12.5%? Is this an example of “Modern Math”? 1 % can be a BIG number in the Real Estate industry, as well as in the Home Lending industry. As the economy improves (and this last quarter’s 4.1% increase in the Gross Domest... Read more

Consumer Confidence and Housing

Consumer Confidence and Housing Consumer confidence, which reached new heights the previous months, retreated slightly this past month as reported by the Federal National Mortgage Association (FNMA). The housing confidence reading of 90.7 was down 1.6 po... Read more

Why Sell Now?!

Why Sell Now?! How can it be a good time to buy and at the same time a good time to sell? Real Estate is local! Although Macroeconomic factors are the overall influence on the real estate market, individual property values are most influenced by local ... Read more

Nef Cortez | 909-762-8135 | Contact Me
Lic. #00560181 | RE/MAX Universal Realty
1411 S Diamond Bar Blvd - Diamond Bar, CA 91765
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