NARESH RAY BACHAN PA
LAUDERHILL, FLORIDA

Ray helped us rent our condo a few times, and eventually handled the sale. I can honestly say he is by far the most knowledgeable realtor we worked with. He was prompt in responses to us, kept us fully informed each step of the way and had the property under contract within 8 days over asking. His advice paid off significantly for us throughout the process. I would recommend him for anyone needing a Realtor. I own a portfolio of properties that Ray helped me acquire and Manage. He has been instrumental in addressing my concerns and has been able to maintain strong relationships with the tenants which in turn has helped my turn over rate. I would not trust my transactions to anyone else. Ray really knows the field and is always ready and willing to help, you can tell he is passionate about what he does. 2. Generational shuffle will make 2016 the best year to sell in the near future Two other generations will also affect the market in 2016: financially recovering Gen Xers and older boomers thinking about or entering retirement. Since most of these people are already homeowners, they’ll play a double role, boosting the market as both sellers and buyers. Gen Xers are in their prime earning years and thus able to relocate to better neighborhoods for their families. Older boomers are approaching (or already in) retirement and seeking to downsize and lock in a lower cost of living. Together, these two generations will provide much of the suburban inventory that millennials desire to start their own families. Assuming that most of these households will both sell and buy, it is important to recognize that 2016 is shaping up to be the best year in recent memory to sell. Supply remains very tight, so inventory is moving faster. Given the forecast that price appreciation will slow in 2016 to a more normal rate of growth, delaying will not produce substantially higher values, and will also see higher mortgage rates on any new purchase. We are already seeing a decline in new-home prices for new contracts signed this fall. In addition, credit access is improving enough to make the first-time buyer segment more attractive to builders. We’re looking for the strong growth in new-home sales and single-family construction as builders offer more affordable product in the year ahead. Consumers of all types should consider new homes, but availability will be highly dependent on location. Thirty-year fixed rates will likely end 2016 about 60 basis points higher than they are today. That level of increase is manageable, as consumers will have multiple tactics to mitigate some of that increase. However, higher rates will drive monthly payments higher, and, along with that, debt-to-income ratios will also go higher. Markets with the highest prices will see that higher rates will result in fewer sales; however, across the U.S., the effect will be minimal as the move to higher rates will spur more existing homeowners to sell and buy before rates go even higher. Selling Real Estate Selling your house or investment can be a tricky long experience, however; with Mr. Bachan, you will find that it is the easiest process. Our Team has listed and sold every listing we have received to date. This speaks volumes as to our success rate. ..If associations are tired of becoming lost within their large management company portfolios, it would be refreshing and to the association's benefit to get back to the simple basics and hands on service...that On Call Management and staff brings forth.