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A Los Angeles native, Rohit knows the cities well and understands the subtleties that differentiate the various neighborhoods. After earning his B.A in Economics at the University of California Riverside in 2009, Rohit started working at Rodeo Realty. Rohit believes that giving someone what they want or need is not the same as sales. He provides clients with enough HONEST information with a positive energetic attitude so that clients can be informed in the process. Whether that means making the sale or not, Rohit is always looking out for his client’s best interest.

Rohit’s previous experience in retail sales and marketing provides him with a background that allows him to connect with his diverse clientele on many levels. This helps him determine the best fit for each individual, couple and family. Rohit enjoys creating long lasting relationships with his clients, and finds true satisfaction in the joy they experience when the search is over and he is able to hand them the keys to their new home. Rohit attributes his success to his persistence and constant need to better oneself. He is always coming up with new ways to make a home buyer or sellers life easier. He is fluent in Hindi, Sindhi and English.

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Economic Update for the Week Ending April 17, 2021Stocks continued their unprecedented rise again this week - A surge in consumer spending, increasing corporate profits, and inflation all point to the economy recovering much quicker than expected. That added to the effects of the nearly $2 trillion of stimulus that will be disbursed over the next 24 months, and possibly a giant infrastructure package has investors bullish on the economy. The Dow Jones Industrial Average topped 34,000 for the first time in history. It closed the week at 34,200.67, up 1.2% from 33,800.60 last week. It is up 11.6% year-to-date. The S&P 500 closed the week at 4,185.87, up 1.4% from 4,128.80 last week. It is up 11.3% year-to-date. The NASDAQ closed the week at 14,052.34, up 1.1% from 13,900.19 last week. It is up 8.6% year-to-date.U.S. Treasury bond yields - The 10-year treasury bond closed the week yielding 1.59%, down from 1.67% last week. The 30-year treasury bond yield ended the week at 2.26%, down from 2.34% last week. We watch bond yields because mortgage rates often follow treasury bond yields. Mortgage rates - The April 15, 2021, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate was 3.04%, down from 3.13% last week. The 15-year fixed was 2.35%, down from 2.42% last week. The 5-year ARM was 2.80%, down from 2.93% last week. California existing home sales in March - The California Association of Realtors reported that existing, single-family home sales totaled 446,410 on an annualized basis in March. That represented a year-over-year increase of 19.7% from the 373,070 annualized rate of homes sold in March 2020. The median price paid for a home climbed 8.6% month-over-month from the median price in February. The median price paid for a home in California was $758,990 up 23.9% from the median price of $612,440 last March. There was just a 1.6 month supply of homes for sale in March, down from a 2.6 month supply one year ago. Below please find a graph of regional statistics for Southern California. ... See MoreSee Less

4 weeks ago  ·  

Just Listed! Offered at $1,275,000Welcome to the Prestigious Southern Oaks of Stevenson Ranch!** NO MELLO ROOS! *** This stunning home is on a private cul de sac with an extended driveway which can we wired for your very own private electronic gate.** FULLY PAID OFF SOLAR SYSTEM** Open Floorplan** LIGHT AND BRIGHT** Jaw dropping entry w/ fireplace & dramatic spiral staircase showcasing the formal living and dining room. *Wood Flooring throughout downstairs** Plantation shutters ** Beautiful Crown moldings added throughout** Dream kitchen offers abundant granite counter space & storage, walk-in pantry & a large center island with Area for Barstools. Dining Nook Open to Kitchen and Family Room** Built-in 5-burner gas range & 2 built-in ovens** Spacious Family Room with 2nd Fireplace opens to the Kitchen. * Wraparound raised hearth & built-ins* DOWNSTAIRS BEDROOM w/ensuite bathroom & a seperate entrance accessed via French doors. In addition to the Bedroom Downstairs Office can easily converted to a 5th BEDROOM. Curved LOFT Bonus Area is versatile space for Home Gym, Kids Playroom or additional work from home space!*. Master Bedroom Suite with French doors open to a *Seperate Retreat* that can be utilized for multiple purposes. Ensuite bathroom offers two separate vanities w/sinks, HUGE WALK-IN CLOSET, soaking tub & separate shower. Another upstairs bedroom has it’s own ensuite bathroom as well. Highly South After Southern Oaks Neighborhood! HOA w/ Community Pool Spa BBQ area and Playground!Call me Today to Arrange a Showing! Offered at $1,275,000Rodeo Realtywww.RohitMahtani.comDRE LICENSE 01864133Rohit@RohitMahtani.com#stevensonranch#luxuryrealestate#luxuryhomes#valenciahomes#stevensonranchhomes​ #stevensonranchestates​ #stevensonranchca​ #porterranch#porterranchhomes​ #newhomes#tollbrothers#stevensonranchca​ #stevensonranchnewhomes​ #realtor#realestate#luxuryhouses​ #justlisted​ #rodeorealty#kellerwilliams#remax#stevensonranchestates​ #southernoaksstevensonranch​ #southernoaks#newhomes#modernhomesstevensonranch#openfloorplan​ #zillow​ #redfin#trulia#25701chestnutway​ ​ #chestnutway ... See MoreSee Less

1 month ago  ·  

Economic update dated April 3, 2021U.S. employers added 916,000 jobs in March - The Department of Labor and Statics reported that 916,000 net new jobs were added in March. That number exceeded Dow Jones analysts’ expectations of 675,000 new jobs. The unemployment rate declined to 6% in March, down from 6.2%, in February. Stocks up again this week – The S&P broke 4,000 for the first time in history – This week’s financial news moved all markets higher. Consumer confidence hit the highest point since the start of the pandemic. Job growth has picked up at a robust rate with almost one million new jobs added in March. Investors feel that because of the trillions of dollars in stimulus, and a potential $2 trillion infrastructure plan, the economy will remain on a trajectory of recovery from the harsh effects of the pandemic. The speed of the rate of vaccinations has also allowed much of the country to relax restrictions, adding to business optimism. The Dow Jones Industrial Average closed the week at 33,153.21, up 0.2% from 33,072.88 last week. It is up 8.3% year-to-date. The S&P 500 closed the week at 4,019.87, up 1.1% from 3,974.10 last week. It is up 6.9% year-to-date. The NASDAQ closed the week at 13,480.10, up 2.6% from 13,138.72last week. It is up 4.6% year-to-date.U.S. Treasury bond yields - The 10-year treasury bond closed the week yielding 1.72%, up from 1.67% last week. The 30-year treasury bond yield ended the week at 2.35%, down from 2.37% last week. We watch bond yields because mortgage rates often follow treasury bond yields. Mortgage rates - The April 01, 2021, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate was 3.18%, almost unchanged from 3.17% last week. The 15-year fixed was 2.45%, almost unchanged from 2.44% last week. The 5-year ARM was 2.84%, unchanged from 2.84% last week. Rates dropped later in the week. Have A Great Weekend! ... See MoreSee Less

1 month ago  ·  

Economic update for the week ending March 27, 2021Stock markets – Stocks rallied this week after Treasury Secretary, Janet Yellen, and Federal Reserve Chairman, Jarome Powell testified in congress. They suggested that inflation fears are not a serious threat. This pushed interest rates down for the first time in several weeks. The U.S. has also seen a dramatic decrease in COVID-19 cases, and a ramping up of vaccinations over the last several weeks. Conversely Europe and much of South America have seen a rise in cases. They are instituting a new round of restrictions that will impact their economies. That could impact corporate sales to those countries. The Dow Jones Industrial Average closed the week at 33,072.88, up 1.4% from 32,697.97 last week. It is up 8.1% year-to-date. The S&P 500 closed the week at 3,974.10, up 1.6% from 3,913.10 last week. It is up 5.8% year-to-date. The NASDAQ closed the week at 13,138.72, down 0.6% from 13,215.54 last week. It is up 2.0% year-to-date. U.S. Treasury bond yields - The 10-year treasury bond closed the week yielding 1.67%, up from 1.74% last week. The 30-year treasury bond yield ended the week at 2.37%, down from 2.45% last week. We watch bond yields because mortgage rates often follow treasury bond yields. Mortgage rates - The March 25, 2021, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate was 3.17%, up from 3.09% last week. The 15-year fixed was 2.44%, up slightly from 2.40% last week. The 5-year ARM was 2.84%, up from 2.79% last week. Rates dropped later in the week. Next week’s rates should be lower. U.S. existing-home sales -The National Association of Realtors announced that the number of existing-home sales in February was 6.22 million on a seasonally-adjusted annualized rate. That marked a drop of 6.6% from January’s sales rate, but a 9.1% increase from February 2020, when sales totaled 5.70 million on a seasonally-adjusted annualized basis. One reason is that February has three fewer days (10% fewer days) than January and that the majority of February closings went under contract in December and January which has fewer openings due to the holidays. The median existing-home sales price in February was 15.8% higher than one year ago. That marked 108 straight months of year-over-year increases in the median price. Existing-home sales include all single-family, condominium, townhouse, and co-op sales.Have a Great Weekend! ... See MoreSee Less

2 months ago  ·  

Economic updates for the week ending March 20, 2021Stock markets this week - Stock markets gave up some profits at the end of the week after hitting record highs on Wednesday. At one point the Dow went over 33,000 for the first time ever before dropping back. The Dow Jones Industrial Average closed the week at 32,697.97, down 0.5% from 32,778.64 last week. It is up 6.5% year-to-date. The S&P 500 closed the week at 3,913.10, down 0.2% from 3,943.34 last week. It is up 4.2% year-to-date. The NASDAQ closed the week at 13,215.24, down 0.8% from 13,319.86 last week. It is up 2.6% year-to-date.U.S. Treasury bond yields - The 10-year treasury bond closed the week yielding 1.74%, up from 1.64% last week. The 30-year treasury bond yield ended the week at 2.45%, up from 2.40% last week. We watch bond yields because mortgage rates often follow treasury bond yields. Mortgage rates - The March 18, 2021, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate was 3.09%, up slightly from 3.05% last week. The 15-year fixed was 2.40%, up slightly from 2.38% last week. The 5-year ARM was 2.79%, up slightly from 2.77% last week. California existing home sales - The California Association of Realtors reported that existing, single-family home sales totaled 462,720 on an annualized basis in February. That represented a year-over-year increase of 9.7% from the 421,670 annualized rate of homes sold in January 2020. The median price paid for a home in California was $699,000, up 20.6% from the median price of $579,770 last February!!! Inventory levels were lower than one year ago. There was just a 2.0-month supply of homes for sale in February, down from a 3.6-month supply one year ago. Below please find a graph of regional statistics for Southern California. ... See MoreSee Less

2 months ago  ·  

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