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Daniel Salazar
Big Block Realty
2820 Camino Del Rio S.
Suite 314 San Diego, Ca 92108
619-962-4713
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Testimonials Page

My wife and I began looking for a new home in July of 2012. We were both anxious to hit the market but had no idea what we were getting into. Finding a realtor that we could trust was our first mission. Daniel was highly recommended and we took a chance with him. In the first couple weeks, we found out that the real estate market was really complicated. Daniel was great at explaining and answering every question that me and my wife had (Which were a lot). Daniel was very aggressive from the start when we found a home that we liked. However, Daniel soon found out that me and my wife were very picky when it came to homes. After 8 months of driving Daniel crazy, I am happy to say that we are now homeowners and extremely happy with the purchase. It was definitely worth the wait. We owe a great deal of gratitude to Daniel for sticking with us and walking us through every little step. If you are looking for an agent that will get the job done, then we suggest Daniel Salazar. Thanks again Daniel. Jose and Janet Gaytan
"We are very thankful to Daniel for helping us find our new home. He took the time to listen to what we wanted and showed us properties that were really good possibilities. I really appreciated that I did not have to chase Daniel down. Throughout the entire process he kept us informed and gave us updates on where we stood on everything. We are now enjoying a beautiful home that took care of all our must-haves. Rest assured that if you have any questions, Daniel will answer them for you. I have already recommended Daniel to my brother who will begin looking for his home shortly. Thank you Daniel for your professionalism." Thanks again Daniel. We are super happy with our purchase. This is exactly what we were looking for!!!! Diana and Adrian Diana and Adrian
Daniel was our choice because of his character,Integrity and a good friend of the family and a former Marine. We like to deal with military veterans as appossed to civilians. Daniel was very professinal as usual. Daniel went above and beyond the Families expectations. Great job!!! Daniel will get all referals from are family And a special thanks to Ray Miranda Yet another former Marine. Dean Riggs
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My Blog

Where Did Americans Move in 2017? [INFOGRAPHIC]

Where Did Americans Move in 2017? [INFOGRAPHIC] | Simplifying The Market

Where Did Americans Move in 2017? [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017.
  • Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by Washington.
  • The ‘outbound’ states seem to draw a line straight across the country from Connecticut to Wyoming.
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What Impact Will the New Tax Code Have on Home Values?

Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months.

Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report.

What Impact Will the New Tax Code Have on Home Values? | Simplifying The Market

As we can see, CoreLogic projects an increase in home values in 49 of 50 states, and Washington, DC (there was insufficient data for HI). Nationwide, they see home prices increasing by 4.2%.

How might the new tax code impact these numbers?

Recently, the National Association of Realtors (NAR) conducted their own analysis to determine the impact the new tax code may have on home values. NAR’s analysis:

“…estimated how home prices will change in the upcoming year for each state, considering the impact of the new tax law and the momentum of jobs and housing inventory.”

Here is a map based on NAR’s analysis:

What Impact Will the New Tax Code Have on Home Values? | Simplifying The Market

Bottom Line

According to NAR, the new tax code will have an impact on home values across the country. However, the effect will be much less significant than what some originally thought.

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61% of First-Time Buyers Put Down Less than 6%

61% of First-Time Buyers Put Down Less than 6% | Simplifying The Market

According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017.

Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying. The median down payment for all buyers in 2017 was just 10% and that percentage drops to 6% for first-time buyers.

Zillow Senior Economist Aaron Terrazas’ recent comments shed light on why buyer demand has remained strong,

“Looking into 2018, rent is expected to continue gaining. More widespread rent growth could mean home buying demands stay high, as renters who can afford it move away from the unpredictability of rising rents toward the relative stability of a monthly mortgage payment instead.”

It’s no surprise that with rents rising, more and more first-time buyers are taking advantage of low-down-payment mortgage options to secure their monthly housing costs and finally attain their dream homes.

Bottom Line

If you are one of the many first-time buyers who is not sure if you would qualify for a low-down payment mortgage, let’s get together and set you on your path to homeownership!

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