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

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Brief note from the desk of Miguel Velazco Sr. MBA

Week of: Monday, March 05, 2012

Present Market Conditions
Monday’s bond market has opened down slightly due to stronger than expected economic news even though we are seeing selling in stocks. The Dow is currently down 61 points. The bond market is currently down ( higher yield and higher mortgage rates), which may push this morning’s mortgage rates slightly higher than Friday’s morning pricing.


Expectations
The Commerce Department announced late this morning that new orders for durable and non-durable goods fell 1.0% in January. This was a much smaller decline than the 1.9% that was expected, hinting at a stronger manufacturing sector than many had thought. This makes the data negative for bonds and mortgage rates, but because it is considered to be only moderately important it has had a limited impact on this morning’s rates.

The rest of the week has three government economic reports scheduled, but only one is considered to be highly important. The other reports are moderately important to the markets, meaning they have the potential to affect mortgage rates but usually don’t cause a noticeable change. The most important data comes at the end of the week, but sizable moves in stocks can impact bond trading and mortgage rates any day.

Today’s early weakness in stocks is a good sign for bonds. The major stock indexes have been overdue for a pullback in my opinion, especially since they could not break and hold thresholds of 13,000 in the Dow and 3,000 for the Nasdaq. The Dow is below 12,900 at the moment. If stocks continue to slide with some momentum, we could see funds shift into bonds as a safe-haven, driving mortgage rates lower.


Guidance
There is nothing of relevance scheduled for tomorrow, but look for a fairly active week overall in the markets and mortgage rates. The importance of the week’s data rises as the week’s progresses, ending with the almighty monthly Employment report Friday morning. That makes Friday the biggest of the week and we can label tomorrow as the best candidate for least important.


Website: www.888MIGUEL8.com

Direct: 1-888-MIGUEL-8 or 1-888-644-8358

E-MAIL: 888MIGUEL8@gmail.com

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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

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