Interest Rate is coming Down Get Ready

 

Housing Matters Podcast by Car(California Association Of Realtor) Latest

Interest Rates are going Down So Get ready to Sell or Buy Call Mallik Listing & Sales King

Please don’t wait If you are Thinking of Buying A HOUSE or Commercial Real Estate.*   First-time buyers often rely on family gifts to afford the down payments on their homes. Now California Legislators want the government to fill the role of generous relative.*  Lawmakers are proposing creating a billion-dollar fund in this year’s state budget that would provide California’s first-time buyers either all of the money they need for a down payment, or very close to it, in exchange for partial ownership stakes in those residences.* The proposal, put forward by state Senate President Pro Tem Toni Atkins, comes as skyrocketing property prices broaden the divide between those who own their homes and those who rent in California. In the past year, Golden State homeowners gained $141,000 in home equity, on average, the housing research firm CoreLogic reported last week, more than in any other state.*  California’s rate of home ownership, at 56%, is second lowest in the country behind New York, according to the American Community Survey data from the census.*    Atkins said the California Dream for All program is aimed at creating opportunities for lower- and middle-income buyers in a rapidly rising market, including those who have faced racial and economic barriers to homeownership.*    E97- Fed’s Biggest Rate Hike In Decades
C.A.R. economists discuss the latest housing market data in the wake of the Federal Reserve’s largest single rate-hike in decades. The number of home sales dipped to its lowest levels in years outside of the initial shutdown at the start of the pandemic, and competition has begun to ease from the near-frenzy levels of the past two years. There is also heightened economic risks as consumers face increasing headwinds, and businesses become less confident about 2023. How this all affects housing in California is covered in Episode 97.

 

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Autobiography I GET BY GIVING He was sitting 45’ high above the ground on a 26” wide pole without a safety harness. He could not afford a pair of safety gloves. He was holding 15,000 volts in his bare hands. A shock or a slight distraction and this 18 years old boy would have come down to the ground on his final journey. What he wouldn’t do to make an honest living. Today some 30 years later, sitting at the other end of the world, Zaheer Mallik often talks about the experience that taught him a respect. Zaheer Mallik understands that different people have different values, desires and ambitions. We never know to what length someone will be willing to go in pursuit of their need, desire, want or ambition. Respecting other people wishes is all this life is about. Our circumstances create our values, likes, dislikes. Circumstances also change our values without a conscious effort on our part. But through all this, if we learn the truth, we master a formula of success. At that point no challenge is too big, no habit is too hard and no obstacle id too high. Mr. Zaheer Mallik’s desire to be somebody brought him to the United State of America in 1979. Little did he know that this world of opportunity has its own challenges? This land of abundance offers it to whosoever can pay the price. In his thirst of success, he developed an insatiable desire for alcohol. Through this ugly disease, he lost all – his family. In his desperate moment he looked up for GOD and what he saw was this 18 years old playing with live wires, just to make a living. That was a moment of truth for him. He had found his purpose, his strength and his mission in life. He gave up drinking, Smoking and negative thinking all at the same time. Since then he has helped. First time buyers buy homes …… Sellers sell houses, and many others lose weight, give up smoking and drugs. His motto is “ I GET By Giving”. He gets fulfillment from a smile, a hug or a thank you. And he has received many thanks, hugs and smiles by helping other people. Mallik’s desire to help has made him the King, LISTING & SALES KING: because he will do what ever it takes to produce results on time. His genuine desire to help people and his long list of friends and acquaintances make him very creative and versatile. Through his creativity, he has closed sales most people thought couldn’t be concluded. He is very helpful, courteous and knowledgeable. He charges nothing for his consultation, is not greedy or pushy. So, if need help Buying or Selling a House or need help in Self-Improvement, please cal him at his direct line Cell (310) 560-7815.

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