RE/MAX Accord
MIGUEL VELAZCO, MBA Realtor®_CAL_BRE_License#:001361531

What's Your Home Worth?

Are you thinking of selling your home? Get a free evaluation and market analysis of your home with absolutely no obligation.

Get Valuation

Property Search

Use our Property Search page to view properties for sale in the local area. Easily view listings in your favorite neighborhoods.

Search

Featured Properties

View my Featured Properties in the local area. See the latest listings on the market. Schedule time for a showing.

View

Brief note from the desk of Miguel Velazco, Sr. MBA

Week of: Monday, December 12, 2011

Present Market Conditions

Monday’s bond market has opened in positive territory ( lower rates) due to sizable losses in stocks during early trading. The stock markets are falling as concerns about Europe take center stage again. The Dow is currently down 220 points, and bringing the benchmark yield of the 10-year Treasury Note back down to 2.00%. However, as a result of weakness in bonds late Friday, we probably will see little change in this morning’s mortgage rates.


Expectations

Tomorrow has two of the important events, starting with November's Retail Sales report at 8:30 AM ET. This release will give us a key measurement of consumer spending by tracking sales at retail level establishments. This data is highly important to the markets because consumer spending makes up two-thirds of the U.S. economy. Rapidly rising consumer spending raises the possibility of seeing solid economic growth. Since long-term securities such as mortgage bonds are usually more appealing to investors during weaker economic conditions, a large increase in retail sales will likely drive bond prices lower and mortgage rates higher tomorrow. Current forecasts are calling for an increase of 0.6% in November’s sales.

The last FED (FOMC) meeting of the year takes place tomorrow also, adjourning at 2:15 PM ET. There is not much debate about what the Fed will do at this meeting with no chance of them raising key short-term interest rates. Therefore, the post meeting statement will likely be the sole source of a market reaction. This statement has the potential to have a significant influence on the markets and mortgage rates as investors look for any indication of what and when the Fed may do next. One potential move would be more debt purchases by the Fed. An announcement of another round of quantitative easing (QE3) could help boost bond prices and improve mortgage rates tomorrow afternoon. Besides that, it is believed that there isn’t much more the Fed can do to help boost economic activity.


Guidance

Overall, I am expecting to see a much more active week in the financial markets and mortgage pricing than last week. The most important day of the week is either tomorrow or Friday due to the reports being posted those days and the FOMC meeting. Please maintain contact with us as your Real Estate professional.


  • Toll Free:  888MIGUEL8 [1(888)644-8358]
  • Email: 888MIGUEL8@gmail.com
  • Website:   88MIGUEL8.com

Contact Me

Type the characters

 

What my clients are saying  

Miguel is an excellent professional; he is the best real estate agent that I could have known. I met him a in the middle of my plans to sell my home. He was a rare to find personality on these days. He is a very dynamic person and never leaves behind what can be done now. He is very efficient, totally results-oriented. He gave me the best orientation before, during and after the sale of my home. My right arm. He was always pending of each step to be taken, the promotion, the offers, the deadlines and terms of the sale, the inspections, the Title Office, the contract, closing the sale, there was not a moment when he did not stop orienting me. And of course thanks to him I sold my house above the price originally offered and in less than a month. If you don't hire Miguel for the sale of your house, forgive me, but you're a fool.”

 

~ gaproano (Zillow Review)

“...I have employed the services of Miguel Velazco as listing agent. He is a true Professional. ...I have never had a smoother transaction from listing to end of sale ever. Anyone using Miguel’s services would be very fortunate.” ~Easter Jestadt [84 years young]”

 

~ SENIOR TRANSITIONS

------------------------------------------ WHAT OUR CLIENTS ARE SAYING “...REAL COMMITMENT AND CARING… HEARTFELT GRATITUDE...” D.N. CEO ? -- ? “...EXCEPTIONAL SERVICE...IT’S A DELIGHT TO WORK WITH HIM AND HIS TEAM …” S.C. CEO ? -- ? “...I CAN RECOMMEND HIM VERY HIGHLY AND WITHOUT RESERVATION...” L.B. PhD. --

 

~ MORE REFERENCES

APRIL 2015 SAN RAMON SELLERS "...It is our immense please to recommend Miguel Velazco to anyone looking to buy or sell a home. ...aggressive marketing campaign,... team of talented individuals,... masterful marketing strategy,... he kept us apprised throughout the entire process and made certain the entire process is pleasant for us the seller,... thanks to the magic work of Miguel Velazco..."

 

~ PHILLIP & MARISSA - SAN RAMON SELLERS

RE: Recommendation letter To whom it may concern: It is a genuine pleasure and honor for me to recommend Miguel Velazco Sr., MBA, a wealth builder-Realtor. In today’s global interconnected world, Miguel possesses unique well-rounded attributes transitioning from residential to commercial Real estate sales. Miguel’s office has a fascinating blend of multi-cultural and multi-lingual real estate team. He is highly educated, he understands real estate Legal, Ethical, Marketing, and Win-Win Negotiations; he is able to manage complicated challenging transactions with intelligence. Miguel provides exceptional service; it is a delight to work with him and his team. I always recommend Miguel to my close friends and corporate clients all over the US territory. If you have any further questions I can be reached direct via email at: scui@silicastar.com Sincerely, Shulin Cui, CEO SilicaStar

 

~ RECOMMENDATION LETTER FROM A CEO

To: Mr. Miguel Velazco RE/MAX Dear Miguel, On behalf of my mother, sister and myself, I want to thank you so much for your undying efforts to sell our property from our family trust. My mother has peace of mind & she is thrilled. We knew from the start this property would be a difficult sale due to its condition and the mitigating circumstances surrounding it. You never wavered in your efforts to sell it, and you did everything in your power to administer the terms of the sale as we requested. To your credit, you never asked us to accept an offer or terms we were not comfortable with like so many other realtors might have done just to accomplish a quick sale. Every decision you helped us make was with our best interest at heart. Your honesty, professionalism, and determination set you apart from other agents in your field. Thank you Miguel, we will never sell another property without your representation. Sincerely, Diana Wyllie [DWyllieEnt@aol.com] Irene Liranzo Sandra Seat

 

~ PROBATE

Recently I contacted Miguel's team in order to sell my home. Although market adverse value/condition of house, Miguel's team not only sold my home at a price I was comfortable with but the team did it all inside of 39 days from listing to close! They are very organized, knowledgeable and detail oriented. I would not even consider attempting another real estate transaction without them.

 

~ Country Club

"I have not found another Agent that is half the quality... he is the asset you want on your side. MIGUEL is a prompt and efficient "go getter". I have used him twice to sell and purchase a home and our last sale took just 35 days from list to close. THE TEAM is extremely knowledgeable about what needs to happen and when, he is also not afraid to push if others are falling behind. For any person expecting professionalism in their Realtor. The Meltzers"

 

~ Relocation

More Reviews

Want to Know How Much Your Home is Worth?

Get Your FREE Home Market Analysis Report Right Now!

YES, SHOW ME NOW